Assume you have a bond with a semiannual interest payment of $35, a par value of $1,000, and a current market of $780. What is the current yield of the bond?

In: Finance

What do you mean by the term "subscription" in accountancy? How is it calculated?

In: Accounting

State the meaning of ‘Not - for - Profit’ Organisations.

In: Accounting

The piston in the cylinder head of a locomotive has a stroke (twice the amplitude) of 1.0 m. If the piston moves with simple harmonic motion with an angular frequency of 200 rad/min, what is its maximum speed?

In: Physics

The acceleration due to gravity on the surface of moon is 1.7 m s-2. What is the time period of a simple pendulum on the surface of moon if its time period on the surface of earth is 3.5 s?

In: Physics

ABC can borrow funds at an interest rate of 7.30% for a period of six years. Its marginal federal-plus-state tax rate is 30%. ABC's after-tax cost of debt is (round to two decimal places). At the present time, ABC has 15-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,555.38 per bond, carry a coupon rate of 11%, and distribute annual coupon payments. The company incurs a federal-plus-state tax rate of 30%. If ABC wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)?

a) 2.57%

b) 3.99%

c) 5.71%

d) 6.84%

In: Finance

The exchange rate is 1.1069 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 9,874 Swiss francs? Enter your answer rounded off to two decimal points.

In: Finance

Alma and Associates, a new consulting service, recently received a bill for repairs on its computers totaling $2,280. Alma thinks it may have been overcharged and is trying to recreate the components of the bill. She knows the hourly rate is $75 and 15 hours of labor was charged. She also knows $700 of parts were replaced.

Instructions

Compute the material loading charge percentage the repair service used.

Freberg Company, a division of Dudge Cars, produces automotive batteries. Freberg sells the batteries to its customers for $92 per unit. The variable cost per unit is $42, and fixed costs per unit are $16. Top management of Dudge Cars would like Freberg to transfer 30,000 batteries to another division within the company at a price of $54. Freberg is operating at full capacity.

Instructions

Compute the minimum transfer price that Freberg should accept.

Freberg Company, a division of Dudge Cars, produces automotive batteries. Freberg sells the batteries to its customers for $92 per unit. The variable cost per unit is $55, and fixed costs per unit are $16. Top management of Dudge Cars would like Freberg to transfer 30,000 batteries to another division within the company at a price of $61. Freberg has sufficient excess capacity to provide the 30,000 batteries to the other division.

Instructions

Compute the minimum transfer price that Freberg should accept.

In: Accounting

Teton Inc sells its only product for 50 per unit

Teton, Inc. sells its only product for $50 per unit. Fixed expenses total $800,000 per year. Variable expenses are $1,000,000 when 40,000 units are sold. How many units must be sold to earn a net operating income of $75,000?

In: Accounting

Estimate the fraction of molecular volume to the actual volume occupied by oxygen gas at STP. Take the diameter of an oxygen molecule to be 3 Å.

In: Physics

A rope of negligible mass is wound around a hollow cylinder of mass 3 kg and radius 40 cm. What is the angular acceleration of the cylinder if the rope is pulled with a force of 30 N? What is the linear acceleration of the rope? Assume that there is no slipping.

In: Physics

A long forward contract that was negotiated some time ago will expire in three months and has a delivery price of $20. The current forward price for a three-month forward contract is $21. The three-month risk-free interest rate is 8%. What to the nearest cent is the value of the short forward contract? A) -$1.85 B) $2.00 C) -$0.98 D) $0.98

In: Finance

Molar volume is the volume occupied by 1 mol of any (ideal) gas at standard temperature and pressure (STP: 1 atmospheric pressure, 0 °C). Show that it is 22.4 litres.

In: Physics

A metre stick is balanced on a knife-edge at its centre. When two coins, each of mass 5 g are put one on top of the other at the 12.0 cm mark, the stick is found to be balanced at 45.0 cm. What is the mass of the metre stick?

In: Physics