You are considering the purchase of a $1,000 face value bond issued by
ExxonMobil. The bond pa...
Business, 10.05.2020 16:57 kimjooin02
You are considering the purchase of a $1,000 face value bond issued by
ExxonMobil. The bond pays 10 percent coupon interest per year, with
the coupon paid semiannually (i. e., $50. (= 1,000(0.10)/2) over the first
half of the year and $50 over the second half of the year). The bond
matures in 12 years (i. e., the bond pays interest (12 x 2 =) 24 times
before it matures). If the required rate of return (ru) on this bond is 8
percent (i. e., the periodic discount rate is (8%/2 = 4 percent), the market
value of the bond is calculated as follows:
Answers: 1
Business, 21.06.2019 23:30, rbriezz
The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo
Answers: 3
Business, 22.06.2019 16:10, olly09
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
Business, 22.06.2019 19:00, mazolethrin3461
The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 3
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