A Chiquita Brands International, Inc. bond with a face value of $1,000 is currently selling at a price of $1,010. It has a coupon rate of 6% and matures in 2025.
What price would you be willing to pay for the bond if your discount rate is 5%?
In: Finance
Alyssa opened a retirement account with 7.25% APR in the year 2000. Her initial deposit was $13,500. How much will the account be worth in 2025 if interest compounds monthly? How much more would she make if interest compounded continuously?
In: Advanced Math
The Thakor Corporation’s purchases from suppliers in a quarter are equal to 60 percent of the next quarter’s forecasted sales. The payables period is 60 days. Wages, taxes, and other expenses are 25 percent of sales, and interest and dividends are $85 per quarter. No capital expenditures are planned. Projected quarterly sales are:
Q1 Q2 Q3 Q4 Sales $ 2,190 $ 2,490 $ 2,190 $ 1,890
Sales for the first quarter of the following year are projected at $2,520. Calculate the company’s cash outlays by completing the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Q1 Q2 Q3 Q4
Payment of accounts $ $ $ $
Wages, taxes, other expenses 547.5 622.5 547.5 472.5\
Long-term financing expenses (interest and dividends) 85 85 85 85
Total $ $ $ $
I need help with Payment of Accounts and the Total.
In: Finance
In: Accounting
1. Assume the growth rate of real GDP falls from 4% to 2%. This means that
a. the economy is in a recession.
b. the level of production has fallen.
c. the price level is falling.
d. the level of production is growing more slowly.
2. Consider the following information about an economy:
Consumption $68,000
Personal saving $15,000
Taxes $30,000
Wages and salaries $72,000
Interest payments $12,000
Investment $18,000
Government spending $20,000
Government transfer payments $6,000
Imports $10,000
Exports $8,000
Rental payments $5,000
Profit $15,000
According to the information provided, what is the value of GDP. Enter a whole number with no dollar sign
3. There are 206 unemployed people, 2060 employed people, and the adult population is 3073.
What is the labor force participation rate? Enter a number (measured in percentage terms) rounded to two decimal places. Do not enter a % sign.
4. In 2001 the value of RGDP was $12,670.106 billion, the population was 285.324 million, and the number of people employed was 137,071 measured in thousands. The value of real GDP per capita was $_____ and employment as a percentage of population was ______%. Round to the nearest whole number.
In: Economics
In: Accounting
|
Item |
2 quarters ago |
Previous quarter |
Current quarter |
|
New Filings for unemployment benefit |
5,000 |
40,000 |
80,000 |
|
Stock market index |
1500 |
1200 |
1000 |
|
Industrial Capacity utilization |
60% |
50% |
40% |
|
Change in Factory Orders for machinery and equipment |
5% |
-12% |
-20% |
a) Determine in what stage the economy is in the business cycle. Explain your answer.
b) Give an example of an industry that is good for investment at this stage of the business cycle. Why?
In: Economics
A young graduate is planning on saving $745.00 each quarter for four years in an investment account paying 15.96% interest that is compounded quarterly. His first deposit will be made at the end of the next quarter, so this is a regular annuity. The balance from this investment account will be used as a down payment on a new car. Also, in 4 years, he also plans on being able to afford a 60-month car loan with $317.00 monthly payments at a 13.32% APR interest rate. Given the graduate’s plans, how expensive of a “dream car” will he expect to be able to purchase in four years?
In: Finance
Warrior Inc. leased a commercial generator from Portland Inc. on January 1, 2021 under a 2-year operating lease. Quarterly payments of $21,000 are due at the beginning of each quarter with the first payment due on January 1, 2021. Portland purchased the generator from Magnum Corp. at a cost of $256,000, which is also its fair value. The economic life of the generator is 5 years and the interest rate implicit in the lease is 8%. Warrior records amortization every quarter.
What is the balance in the lease payable at July 1, 2021?
| A. |
$104,367 |
| B. |
$95,349 |
| C. |
$117,630 |
| D. |
$98,983 |
In: Accounting
Atlanta Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following.
Units to be produced (by quarters): 10,000, 12,000, 14,000, 16,000.
Direct labor quantity standard is 1.5 direct labor hours per unit.
Variable overhead costs per direct labor hour total to $2.50.
Fixed overhead costs per quarter total to $62,000
Instructions
a. Prepare the manufacturing overhead budget for 2017 by quarters.
b.What is the pre-determined FOH rate based on direct labor hours?
c. How much fixed overhead will be applied in the first quarter?
In: Accounting