You are considering investing in a zero-coupon bond that will pay you its face value of $1000 in twelve years. If the bond is currently selling for $496.97, then the internal rate of return (IRR) for investing in this bond is closest to ________.
Answers
Answer:
6%
Explanation:
we can use the future value formula to determine the internal rate of return:
future value = present value (1 + r)ⁿ
- future value = $1,000
- present value = $496.97
- n = 12
- r = ?
1,000 = 496.97 (1 + r)¹²
(1 + r)¹² = 1,000 / 496.97 = 2.012194
¹²√(1 + r)¹² = ¹²√2.012194
1 + r = 1.059999
r = 1.059999 - 1 = 0.059999 ≈ 6%
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Freight-in 45,000
Purchase discounts 25,000
Ending inventory 120,000
The gross margin is 40% of net sales. What is the cost of goods available for sale?
A $1,200,000
B $1,220,000
C $960,000
D $840,000
Answers
Answer:
A $1,200,000
Explanation:
The correct answer is D.
the gross margin equals 40% of net sales = 40%* 1,800,000= 720,000
Cost of goods sold will therefore be 60% of net sales;
Cost of goods sold = (60% * 1,800,000) = 1,080,000.
Cost of goods available for sale = cost of goods sold + the cost of ending inventory.
Cost of goods available for sale = 1,080,000+120,000 = $1,200,000
Answers
Answer:
Explanation:The general-duty clause of the Occupational Safety and Health Act states that it is each employer's duty to furnish a place of employment free from recognized hazards.
General Duty Clause.
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Answers
Answers
Answer:
The Common Good Ethics Approach.
Explanation:
It is been argued that the best society is been guided by the people's general will.This was postulated by a French philosopher by name Jean Jacques Rousseau who lived in the year 1712 to 1778.
This approach to Ethics empathizes respect and compassion for others,most especially those vulnerable.
The employers ability to voice out their grievances,suggestions and contributions to the daily running of the organisation coupled alongside the mangers compassion and respect for all individuals confirms to my first statement which says 'The best society is been guided by the people's will ' and that supports the common good Approach.
Answer:
moral-rights approach.
Explanation:
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Answers
Answer:
Accumulated depreciation after 3 years = $15,780
Explanation:
Purchase price of the asset = $27,000
Freight charges paid = $500 will be added to cost as this is necessary to bring the asset in for functioning.
Paint of company's logo = $700 will not be added as is not essential for functioning of asset, and does not increase future economic benefits.
Therefore, net cost = $27,000 + $500 = $27,500
Salvage value = $1,200
Amount to be depreciated = $27,500 - $1,200 = $26,300
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Depreciation each year as per straight line = $26,300/5 = $5,260
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Answers
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