John plans to invest $200 at the end of every quarter for next 2 years. Assume that today is January 1st, 2020. He expects to earn 10% annual rate of return with monthly compounding.
2.a Calculate the interest rate to be applied
2.b Calculate the future value at the end of 2 years (December 31st, 2021)
2.c Calculate the present value as on today (January 1st, 2020)
In: Finance
(TANGIBLE ASSETS) On January 1, 2017, the Morgantown Company purchased equipment with an original cost of $30,000. It estimates a 10 year-life with no salvage value. The company uses straight-line depreciation method. However during year 3 (year 2020), Morgantown Company estimates that it will use the machine for an additional 9 years.
Required: Compute the revised annual depreciation and prepare the journal entries on December 31, 2020.
In: Accounting
In: Accounting
Seaside Corp. issued 10%, 5-year bonds with a face amount of $50,000 on January 1, 2020. The market interest rate for bonds of similar risk and maturity is 12%. Interest is paid semiannually on June 30 and December 31. Seaside uses the effective interest method to account for these bonds. What is the issue price of these bonds on January 1, 2020?
Group of answer choices
$50,000
$83,920
$53,605
$46,320
In: Accounting
2. The quarterly sales for Grinder Inc are as
follows:
Period Sales ($M)
2014 96
2015 106
2016 100
2017 115
2018 122
2019 120
2020 ???
• Calculate and fit the best straight line to the points using
linear regression.
• Using the data for trend forecast, estimate the sales for
2020.
• Estimate the forecast error.
• Show on the graph the regression line, the forecasted sale, and
the forecast error.
In: Economics
3) On May 1, 2020, Vuitton Company established a petty cash fund by
issuing a check for
€600
On May 31, 2020, petty cash fund was replenished when there is €35
cash in the fund, in
addition, these receipts were in the petty cash fund:
Freight-in
€300
Supplies Expense 205
Postage Expense 70
Prepare journal entry of replenishing the petty cash fund (entry of
May 31):
In: Accounting
Suppose W'(t) gives the rate of growth of a pig in pounds per month. Let t=1 correspond to February of 2020.
(a) What does integral^6_0 W'(t) dt represent?
(b) What does integral^6_0 |W'(t)| dt represent?
(c) If integral^6_1 W'(t) dt < 0, will your pig again win the "Heaviest Hog" award in August, 2020
In: Math
As of July, 2020 the unemployment rate fell to 11.1%. The U.S. unemployment rate is at its lowest level in months and the economy added a record number of jobs in June. How do you interpret this rate? Identify at least two changes to the Unemployment Insurance Policy that were instituted in March 2020 in response to the COVID-19 crisis. What might be some of the short-term and long-term consequences of this change.
In: Economics
|
Coupon rate |
8% |
|
Yield to maturity |
6% |
|
Maturity date |
April 15, 2024 |
|
Settlement date |
August 10, 2020 |
|
Day count convention |
30/360 |
|
Par |
$1000 |
Calculate its flat price, accrued interest, and full price.
In: Finance
1 (a) Describe the demand for Dell Computers? 1 (b) What variables affecting Dell's product demand? 1(c) Refer to part 1 (b), What variables changed significantly in 2020?
This is an essay type question. It doesn't require mathematical calculations. It looks at companies assigned. Then 5-7 lines or basic factors of demand. Then what factors of demand as income, customer preferences etc changed in 2020.
In: Economics