We can actually deduce here that cloud-based applications has changed the way people edit documents by allowing multiple users to access, review and edit a document in real time but from different locations.
What is cloud-based application?A cloud application is actually known to be a software application that is known to be deployed in a cloud environment and not actually hosted on a local server but accessible via the internet.
Cloud computing is the technology that is changing how people store and share files. Documents can be stored in the cloud system for years and accessed from anywhere and at anytime.
We see here that with cloud collaboration multiple users can work on a document at real time.
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You have just taken on a 30-year, 6% p.a. (to be compounded monthly), $300,000 mortgage and would like to pay it off in 15 years.
By how much will your monthly payment have to change to accomplish this objective?
A. $2,531.57
B. $ 732.92
C. $1,798.65
D. $ 833.33
E. $ 633.12
Answer:
A. $2,531.57
Explanation:
I did this before on school
Discusses the effective and ethical use of graphics. Write at least two paragraphs explaining this section. Include specific examples.
Many accept morals for graphicsought to be founded on help, and that aiding others is something to be thankful for to do. With information and admittance to devices that can coordinate individuals' considerations and activities.
Design ethics assist with deciding elements that should be in items and administrations or highlights that should not be. Plan morals help with surveying the moral importance or moral worth of the items that outcome from the action of planning. For example, Signal is a solid telephone and courier application explicitly intended to safeguard its client's security.
The best ethical design practice is foster plans that mainly gather individual data that is to the greatest advantage of the clients.
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Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $336,700 $1,092,000 Variable costs 135,100 655,200 Contribution margin $201,600 $436,800 Fixed costs 138,600 268,800 Income from operations $63,000 $168,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place.
Answer:
Beck Inc Operating leverage 3.2
Bryant Inc Operating leverage 2.6
Explanation:
Computation for the operating leverage for Beck Inc. and Bryant Inc
Using this formula
Operating leverage = Contribution margin/Income from operation
Let plug in the formula
Beck Inc Operating leverage = $201,600/ $63,000
Beck Inc Operating leverage= 3.2
Bryant Inc Operating leverage= $436,800/$168,000
Bryant Inc Operating leverage= 2.6
Therefore the operating leverage for Beck Inc. and Bryant Inc are:
Beck Inc Operating leverage 3.2
Bryant Inc Operating leverage 2.6
When a group accepts an alternative in order to end a meeting, the group has reached a(n) __________ decision
When a group accepts an alternative in order to end a meeting,
they are believed to have reached a satisficing decision.
What is Satisficing?This is regarded as a decision-making strategy which involves
looking for better alternatives till an adequate result is
achieved.
It is common with group of people as most don't like the idea of
meetings so a satisficing approach is involved to ensure
exploration of other alternatives and a conclusion of the
meeting.
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PLC Ltd. found the following debts to be bad on the dates shown
The acronym PLC, which stands for a public limited company, indicates that the firm's shares are publicly traded. It is the British equivalent of "Inc." in the United States.
What is PLC?In the United Kingdom, a public limited company (PLC) is a type of public business. PLC is the counterpart of a publicly listed firm in the United States that uses the Inc. or corporation classification. The inclusion of the PLC acronym following a business's name is required, and it informs investors and anybody interacting with the firm that it is a publicly listed corporation. PLC, which stands for a public limited company, is an acronym for public corporations in the United Kingdom.
PLCs make up the majority of the firms listed on the London Stock Exchange. A PLC shares can be purchased by any regular investor. Unlike privately held companies, public companies are required to publish financial data and disclosures to the public on a regular basis.
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What should you do to streamline the purchasing process once the customer approves an estimate?
You should copy it to a purchase order.
I hope this helps!!!
Assume equity at the beginning of the accounting period was $120,000 and at the end of the period it was $175,000. Drawings by the owner during the period were $30,000. How much profit was earned during the period based on this information?
Answer: $85,000
Explanation:
Drawings are debited/deducted from the Equity account to reflect that the owner's holdings in the business has reduced.
Profit is added to the Equity account in the form of Retained Earnings.
The closing Balance on Equity is;
Closing Balance = Opening Balance + Profit - Drawings
Profit = Closing Balance - Opening Balance + Drawings
Profit = 175,000 - 120,000 + 30,000
Profit = $85,000
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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discuss Two social factors that may contribute to unemployment in South Africa amongst the youth?
Some of the social factors that have led to unemployment in South Africa amongst the youth are:
High population growth. High poverty rates.As a result of high population growth, the number of youth in South Africa has increased to a point where getting jobs for all of them is quite difficult.
High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.
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List five types of damage that can happen to you because of identity or financial information theft. Use online resources to research the implications of identity theft. Give us five ways how it can impact your life.
The five types of damage caused due to financial information theft are as follows:
A credit card was declinedRejected for a different loan type, such as a student, mortgage, or personal loan Due to identity theft, you're currently in debt. Calls from collection agencies related to fraudulent accounts No checking or savings account can be openedWhen someone utilizes another person's personal information for financial gain, it is called financial identity theft. This type of identity theft is the most prevalent (together with the credit card example previously mentioned). Many different types of financial identity theft exist, including The details of your credit card may be used by fraudsters to make purchases.
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If you keep your business scope small, you can focus your energy on doing one particular thing better than anyone else does it, so your quality is high.
A.) True
B.) False
definition of home trade
Answer:
Domestic trade, also known as internal trade or home trade, is the exchange of domestic goods within the boundaries of a country. This may be sub-divided into two categories, wholesale and retail
Use the sample data below to test the hypotheses
:
: Not all population proportions are the same
Populations
Response 1 2 3
Yes 150 150 95
No 100 150 105
The provided sample data can be used to test the hypotheses about the population proportions, but we would need additional information to perform the chi-squared test and draw a definitive conclusion.
To test the hypotheses that not all population proportions are the same using the given sample data, we can perform a hypothesis test for proportions.
Step 1: Formulate the null and alternative hypotheses:
- Null hypothesis (H0): The population proportions are the same for all three populations.
- Alternative hypothesis (H1): The population proportions are not the same for all three populations.
Step 2: Choose a significance level (α):
The significance level is the threshold for determining if the results are statistically significant. Let's assume a significance level of α = 0.05, which is a common choice.
Step 3: Calculate the test statistic and p-value:
We can use a chi-squared test for independence to compare the observed frequencies with the expected frequencies under the null hypothesis. This test will help us determine if there is a significant difference in the proportions.
Step 4: Make a decision:
If the p-value is less than the significance level (α), we reject the null hypothesis and conclude that there is evidence to suggest that the population proportions are not the same for all three populations. If the p-value is greater than α, we fail to reject the null hypothesis and do not have enough evidence to suggest a difference in population proportions.
Note: To perform the chi-squared test, we need to have the observed frequencies and expected frequencies. The observed frequencies are given in the sample data, but we would need additional information to calculate the expected frequencies.
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The CPI is based on the prices of a carefully selected market
basket of goods, all of which consumers can purchase at a
supermarket.
O True
O False
The CPI is based on the prices of a carefully selected market basket of goods, all of which consumers can purchase at a supermarket is false.
The CPI is a measure of inflation that tracks the average change over time in the prices paid by urban consumers for a fixed basket of goods and services.
The basket of goods and services included in the CPI represents the typical spending patterns of urban households, but it is not limited to items found in a supermarket. The basket includes a wide range of goods and services, such as housing, transportation, healthcare, education, and recreation, in addition to food and beverages.
The Bureau of Labor Statistics (BLS) in the United States, which calculates the CPI, regularly updates the basket of goods and adjusts their weights based on consumer spending patterns. The BLS collects data from thousands of retail stores, service establishments, and other providers to ensure a representative sample of prices across different regions and types of businesses.
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Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international businesses based in the United Kingdom
Answer:
In the last 30 years, national economies have shifted towards decreasing trade barriers, and the world is becoming global economic space. Economic turbulence, especially in one of the major economies like the US, Europe, and China, tends to have ripple effects on other world economies. For example, the subprime housing crisis in 2008, which upturned the US economy, reached global proportions with the economic and financial meltdowns that were felt globally.
The new emergence in the economic system suggests that national boundaries are shrinking, and economies are becoming integrated and interdependent. In the last 30 years, China emerged as a global economic superpower, challenging the dominance of the US and European economies.
For businesses based in the United Kingdom, they have wider opportunities and better playing grounds. They can look beyond Europe and the US for investment and business opportunities. China, especially Hong Kong, is becoming an investment haven. Even other developing countries like Brazil, South Africa, and Dubai are becoming more attractive with increased consumer spending.
Secondly, the United Kingdom will continue to be the center of attraction for some Asian firms that will use London as a launching pad for their European businesses. This also poses some threats, just as it generates opportunities for global expansion of UK-based businesses.
Explanation:
Globalization has caused the world economies to merge and become a global economy. However, in the last four years, China seems to be recoiling to its shelves with the coming on board of the Trump Administration, which had exposed China's behind-the-door fiscal and monetary policies. This started when the administration labeled China as a currency manipulator. China is becoming alienated from the US and having its reputation tarnished internationally. The earlier prediction that China would emerge as the dominant superpower economy in 2010 was not wholly realized. China is re-strategizing by concentrating its investments in Asia, Africa, Latin America, and some parts of Europe.
If a manager wanted to be sure that most of her/his employees would not be late, how much time would she/he suggest they allow for the commute if the average speed were 30 miles per hour
Answer:
13.5 , 15.1
Explanation:
Hypothesis testing is used to identify the mean for number of miles. 95% confidence interval is used with test statistics value. The test stats value is determined to identify the critical region where most of the population lies in. The 95% confidence interval mean is between 13.5 - 15.1
Putnam Company owns 80 percent of Swaraj Company. The excess of acquisition cost over book value was attributed entirely to previously unrecorded identifiable intangibles. For 2020, Swaraj Company reported net income of $7,000,000 and declared and paid dividends of $2,000,000. Appropriate amortization of the previously unrecorded identifiable intangibles for 2020 is $1,750,000. The following information is available regarding intercompany transactions:
1. During 2020, Swaraj sold land to Putnam at a loss of $300,000. Putnam still holds the land at December 31, 2020.
2. Putnam’s ending inventory at December 31, 2020, included merchandise acquired from Swaraj; the unconfirmed profit on this inventory was $600,000.
3. Putnam’s ending inventory at December 31, 2019, included merchandise acquired from Swaraj; the unconfirmed profit was $350,000.
4. On January 3, 2017, Putnam sold equipment to Swaraj at a gain of $1,000,000; at the time of sale, the remaining life of this equipment was 10 years, straight-line. Swaraj still holds the equipment at December 31, 2020.
Required:
Calculate Putnam Company’s equity in net income for 2020 and the noncontrolling interest in net income for 2020.
Based on the ownership interest of Putnam Company in Swaraj Company, Putnam Company’s equity in net income for 2020 is $4,340,000.
The noncontrolling interest in net income is $1,060,000.
What is Putnam Company's net income from Swaraj Company?= Share of reported income - Share of amortization of identifiable intangibles + Share of loss of land - Share of Unconfirmed Profit on inventory + Share of Confirmed profit on inventory as of 2020 + Gain on equipment sale
= (80% x 7,000,000) - (80% x 1,750,000) + (80% x 300,000) - (80% x 600,000) + (80% x 350,000) + 100,000
= $4,340,000
What is the noncontrolling interest in net income?This can be found as:
= Total net income - Putnam company share
= Reported income - Amortization of identifiable intangibles + Loss of land -Unconfirmed Profit on inventory + Confirmed profit on inventory as of 2020 + Gain on equipment sale - Putnam company share
= 7,000,000 - 1,750,000 + 300,000 - 600,000 + 350,000 + 100,000 - 4,340,000
= $1,060,000
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A meeting agenda should include the date and place of the meeting, start and end times, a brief description of each topic with its time allotment for each topic
Specify the ground rules. As the host of her first official business meeting, Antonia wants to conduct herself appropriately.
A virtual team is a collection of individuals who use technology to communicate and cooperate while working together toward a common goal across organizational, temporal, and spatial boundaries. Clear action items, an objective account of the business meeting, and all pertinent details including attendees, date, time, and place should be included in meeting minutes. The size of the group is typically too large when working in small groups. According to the research, the ideal group size is three or four—no more than five. Group members should give their entire attention to the arguments put forward by members who disagree with one another.
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Suppose that the production function is y= 9k^0.5 N^0.5. With this production function, the marginal product of labor is MPN= 4.5K^0.5 N^-0.5. The capital stock is K= 25. The labor supply curve is NS= 100[(1-t)w]^2, where w is the real wage rate, t is the tax rate on labor income, and hence (1-t)w is the after-tax real wage rate.c.Suppose that a minimum wage of w=2 is imposed. If the tax rate on labor income, t, equals zero, what are the resulting values of employment and the real wage? Does the introduction of the minimum wage increase the total income of workers, taken as a group?
The resulting values for employment and the real wage are 70.3125 and $1.5811 per hour, respectively.
The introduction of the minimum wage does not increase the total income of workers taken as a group.
How to determine employment and real wageTo find the resulting values of employment and real wage, determine where the labor supply curve intersects the labor demand curve.
MPN =
\(4.5K^0.5 N^-0.5 = (9K N)^0.5 / (2KN)^0.5 = (9/2)^0.5 (K/N)^0.5 = w/P
\)
where P is the price of output, which we can assume is equal to 1.
This equation can be rearranged to solve for N:
N =
\((9/2) (K/w)^2\)
Plugging in K = 25 and w = 2, we get:
N =
\((9/2) (25/2^2) = 70.3125\)
To find the real wage, we can plug this value of N into the labor supply curve:
NS =
\(100[(1-t)w]^2 = 100(1-0)(2)^2\)
= 400
Since labor supply exceeds labor demand, the real wage will be bid down to the equilibrium level.
\((9/2)^0.5 (K/N)^0.5 = w/P
(9/2)^0.5 (25/N)^0.5 = 1/2
N = (9/2) (25/2^2) = 70.3125
w = 2(70.3125/100)^0.5 = 1.5811\)
The equilibrium real wage is $1.5811 per hour.
To determine whether the introduction of the minimum wage increases the total income of workers,
Total income before minimum wage = wN = 1.5811 x 70.3125 = $111.31
After the minimum wage of $2 is imposed, the real wage is fixed at $2, and the level of employment is determined by the intersection of the labor supply and demand curves at this wage:
N =
\((9/2) (25/2^2) / (2)^2 = 35.15625\)
Total income after minimum wage = wN = 2 x 35.15625 = $70.31
Since the total income of workers decreases from $111.31 to $70.31 after the minimum wage is imposed, the introduction of the minimum wage does not increase the total income of workers taken as a group.
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Barnes books allows for possible bad debts. On may 7, barnes writes off a customer account of $7,000. On september 9, the customer unexpectedly pays the $7,000 balance.
The graphic below shows the details of the cash collection on September 9 that had been noted as a bad debt.
The organised record of every accounting transaction is a journal entry. It is the initial phase of accounting transaction recording. It displays every transaction that was done throughout the accounting period. Barnes Books allows for later-recoverable bad debts in the scenario described. On May 7, the business deducts a customer account. The client unintentionally settles the $7,000 amount on September 9. The figure below then shows the journal entry for receiving the bad debts amount on September 9. The graphic below is a record of the cash collected on September 9.
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What is a Savings and loans bank
Answer:
-A savings account is a bank account at a retail bank whose features include the requirements that only a limited number of withdrawals can take place, it does not have cheque facilities and usually do not have a linked debit card facility, it has limited transfer facilities and cannot be overdrawn.
-In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed
Explanation:
The two franchises that I will compare and contrast are Popeyes and Planet Fitness.
1. Write up a summary where you compare and contrast each of the franchise opportunities. You must cite sources identifying where the information came from, and you need at least three sources for each of the franchises.
2. Make a final decision as to which franchise would be a better fit for you to personally invest in based on your researched information.
Beginning in 2003, franchises for Planet Fitness were sold. Beyond the typical celebrity brand endorsement, the new cooperation between Popeyes and Megan Thee Stallion goes far further.
Describe the franchisee of Popeye.In the United States and 14 other countries, Popeyes has more than 3,400 outlets. Popeyes is releasing a new version of the hugely popular chicken sandwich it debuted in 2019 for the first time, marking the company's first-ever global cooperation. Additionally, the brand's chicken nuggets will come with the sauce.
A philanthropic element is also a part of the cooperation. Popeyes continues to be at the forefront of innovation and popular culture, as evidenced by this relationship, which is one of the reasons why the company is on track to become one of the top worldwide QSR brands. the Planet's rate of staff turnover at Planet Fitness is relatively high. The Popeye franchisee's limited control over the business is the next drawback.
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Suppose the price elasticity of supply for lumber is 2.4. If the price of lumber increases by 20% how much would the quantity supplied of lumber change
The quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.
How to calculate by how much would the quantity supplied of lumber changeIf the price elasticity of supply for lumber is 2.4, then we can use the formula:
Elasticity of supply = percentage change in quantity supplied / percentage change in price
Solving for the percentage change in quantity supplied, we get:
Percentage change in quantity supplied = Elasticity of supply * Percentage change in price
Given that the price of lumber increases by 20%, the percentage change in price is 20%.
The percentage change in quantity supplied would be:
Percentage change in quantity supplied = 2.4 * 20% = 48%
Hence, the quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.
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What do you think is the most important step in the sales process?
Answer:
I think the way you market a product and how you advertise it is the most important step in the sales process because you can hook your consumers on it and have them buy, and advertising your product can get it out there so more people can see it, and hopefully buy it.
Explanation:
You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?
Financial Lit, please help!!
Answer:
The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.
Describe the importance of the marketing and communications functions to organisations.
Marketing and communication are vital for building brand, attracting customers, generating revenue, targeting specific audiences, and managing crises.
By developing a strong brand identity and promoting it through various channels, organizations can increase their visibility and credibility, which can lead to more sales and loyal customers. Marketing and communication strategies can also help organizations to target specific audiences with tailored messages, which can help to build stronger relationships with customers. Furthermore, by measuring the effectiveness of their marketing and communication efforts, organizations can optimize their strategies to maximize revenue. Effective marketing and communication strategies can also help organizations to manage crises and minimize damage to their reputation.
Overall, marketing and communication functions are essential for organizations to succeed in today's competitive business environment.
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Which of the following costs would not be allocated to products or customers?
multiple choice
Customer service
Other
Machine setup
Product design
Answer:
B. Other
Explanation:
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
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See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
Mark Goldsmith's broker has shown him two bonds issued by different companies. Each has a maturity of 4 years, a par value of $1000, and a yield to maturity of 8.70. The first bond is issued by Crabbe Waste Disposal and has a coupon interest rate of %6.315 paid annually. The second bond, issued by Malfoy Enterprises, has a coupon interest rate of 8.90 % paid annually.
a. Calculate the selling price for each of the bonds.
1. Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08
2. Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50
How can we calculate the selling price (SP) for each bond?Bond 1: Issued by Crabbe Waste Disposal
Coupon Interest Rate (CIR) = 6.315%
Yield to Maturity (YTM) = 8.70%
Maturity (n) = 4 years
Par Value (PV) = $1000
To calculate the selling price of Bond 1, we can use the following formula:
SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]
Putting the values:
CIR = 6.315%
PV = $1000
YTM = 8.70%
n = 4 years
SP for Bond 1 = (6.315/100) * 1000 + [(1000 - (6.315/100) * 1000) / (1 + 8.70/100)^4]
SP = $632.36 + $398.72
Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08
Bond 2: Issued by Malfoy Enterprises
Now, let's calculate the selling price for Bond 2 issued by Malfoy Enterprises.
Coupon Interest Rate (CIR) = 8.90%
Yield to Maturity (YTM) = 8.70%
Maturity (n) = 4 years
Par Value (PV) = $1000
Using the same formula as above:
SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]
Putting the values:
CIR = 8.90%
PV = $1000
YTM = 8.70%
n = 4 years
SP of Bond 2 = (8.90/100) * 1000 + [(1000 - (8.90/100) * 1000) / (1 + 8.70/100)^4]
SP = $889 + $380.50
Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50
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LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000
How do you find the cost of goods manufactured?
The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.
How to calculateIt is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.
In the income statement you provided, the cost of goods manufactured is calculated as follows:
COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000
Therefore, the cost of goods manufactured for Leone Company is $3,224,000.
Here is the formula for calculating COGM:
COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory
The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.
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