Q: Sales (30,000units) P 150,000 ...
A: Break even point = fixed cost/ contribution margin per unit Contribution margin = 49200
Q: Q.A $1,000 face value bond with 22 years to maturity and a 7.2% coupon (coupons paid semiannually) r...
A: Return on the bond is yield to maturity on the bond. Yield to maturity considers all cash flows from...
Q: An accountant needs to withhold 17% of income for taxes if the income is below $30,000, and 23% of i...
A: using excel if function to calculate the amount of withhold
Q: A two-year bond with par value $1,000 making annual coupon payments of $100 is priced at $1,000. Wha...
A: a) Computation of realized compound yield to maturity when the interest rate is 8%:Total proceeds=$1...
Q: Calculate the present value of the following annuity streams: $5,000 received each year for 5 years...
A: 1) PV of annuity = P*{1-{1/[(1+r)^n]}/r} Where r = Interest Rate per Period i.e. 6% n = no. of compo...
Q: An $80,000 loan is amortized by payments of $1950 at the end of every quarter at a rate of 9% compou...
A: Case : As the question said that $ 1950 per quarter to amortize the loan amount $ 80000 but time is ...
Q: A company has 15-year bonds with a $5000 maturity value and a quoted coupon rate of 15% paid semiann...
A: Bond Price : The current bond price is the sum of present value of all interest payment till maturit...
Q: Please show working Please answer ALL OF QUESTIONS 1 AND 2 1. Suppose you are the money manager ...
A: Beta of the portfolio is weighted average beta of individual stock Therefore portfolio beta = 0.8035
Q: How long will it take my money to double at 7% p.a. compounded semi-annually? a About 10 years b. Ab...
A: Given data; 2 * Present value of money = future value of money FV / PV = 2 Interest rate = 7% compou...
Q: Read carefully the following scenarios and answer the questions asked in each scenario after analysi...
A: If you wanted to buy Yahoo! (to buy the stock), the price you would pay per share is $ ask price.I...
Q: Metro company has a beta of 1.20, the risk free rate of return is currently ---- (consider the curre...
A: Formula for calculating required rate using CAPM is:
Q: I want to learn part a-b and e answers and my answers for c-d-f is correct ı checked them.Thanks a l...
A: NET PRESENT VALUE : Present value of cash inflow - present value of cash outflow. IRR : rate of retu...
Q: Alexis and Will are purchasing a home. They wish to save money for 10 years and purchase a house tha...
A: formula to find future value of annuity: fva=A×1+rmm×n-1rmwhere,A= annuityr = rate of interestm = fr...
Q: When financial institutions, such as banks or credit unions, advertise the rates on their loans, the...
A: APR is the annual percentage rate. EAR is the effective annual rate. Banks, financial institutions o...
Q: Solution method please .
A: Principal amount: Principal amount is the original amount of money borrowed by a person. In bonds, t...
Q: Assume that you just inherited an annuity that Will pay you 10,000 per year, with the first payment ...
A: Present value of perpetuity = Annuity amount /rate of return
Q: tion will render the M&O cost lower at $0.5 million per year. At an interest rate of 12% per year an...
A: Lined ponds Construction costs =$11 million MO cost=$2.3 million per year interest rate =12% Peri...
Q: Slobe Telecom is considering a project for the coming year that will cost P50 million. Slobe plans t...
A: Capital structure is the adequate formation and combination of sources of finance needed to operate ...
Q: Explain the functions of financial markets in details and discuss lengthily how financial markets co...
A: The roles performed by the financial markets have included the price determination where financial m...
Q: Perpetual preferred stock from Franklin Inc. sells for $97.50 per share, and it pays an $8.50 annual...
A: Given data; Price per share = $ 97.50 dividend= $8.50 Flotation cost = 4%
Q: Q No. 3 Ladders, Inc. has a net profit margin of 5% on sales of $50 million. It has book value of eq...
A: Given: Net profit margin = 5% Sales = $50 million Book value of equity = $40 million Total liabiliti...
Q: A bank offers the following interest rates on your deposit: (Draw the Cashflow) 10% per year, compou...
A: The effective annual rate (EAR) is the actual rate of interest after taking the compounding effect i...
Q: Calculate the yield to maturity on the following bonds. A 9 percent coupon (paid semiannually) bond...
A: Working note:
Q: OLA #10.3 Dylan purchased two trucks for his warehouse for a total of $54,000. This investment saved...
A: Net present value method is one of the capital budgeting technique that is used to assess the projec...
Q: Q No. 2 Read carefully the following scenarios and answer the questions asked in each scenario after...
A: “Since you have posted a question with multiple subparts, we will solve first three subparts for you...
Q: Calculate the present value of $5,000 received five years from today if your investments pay 6 perc...
A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...
Q: An inventor was offered the following alternatives as royalties for his invention:a. A single lump s...
A: Alternative 1 = Php 310,000
Q: Year 1-Year Forward Rate 1 4.6 % 2 4.9 % 3 5.2 % 4 5.5 % 5 6.8 % What is the yield ...
A: This question provides the forward rates of return on bond of future years which are differed in al...
Q: Determine the value at the end of five years of a $7,000 investment (today) in a bank certificate of...
A: Future Value = Present Value * (1+rate)^n Where, Rate = 9%/2 = 0.045 n = no. of compounding period =...
Q: I'm struggling with the area "indicate how the internal rate of return is calculated using the facto...
A: Equation needed Present value FACTOR =1-(1+r)-n/r i=interest rate =internal rate of return n=6 yea...
Q: Not copy paste.
A: If a country's current account is positive it means they are net exporters whereas if it is negative...
Q: Uchi is a small restaurant chain specializing in Japanese dishes. Its equity has a market value of $...
A: Assumption: We assume that the value of debt given in the question is the market value of debt that ...
Q: You invest 60% of your financial assets in Standard & Poor's Depository Receipts (SPY) and 40% of yo...
A: Portfolio management strategies are nothing but the various approaches, which may be adopted for eff...
Q: ABC Pvt. Ltd. is considering two mutually exclusive capital investments. The project’s expected net ...
A:
Q: OLA#10.4 A company is evaluating the feasibility of investing in machinery to manufacture an automot...
A: Net present value = present value of future cashflow discounted at 7% Cashflow of year 1-7 =(8900 co...
Q: Are there any arbitrage opportunities? If yes, summarize the exact transactions that you suggest to ...
A: If there is a difference in prices of two similar things at two different market places, it is known...
Q: A project has a 0.92 chance of doubling your investment in a year and a 0.08 chance of halving your ...
A: The standard deviation of the rate of return is used in order to estimate the extent to which a rand...
Q: Consider the following $1,000 par value zero-coupon bonds. Bond Years until maturity Yield t...
A: Expectations hypothesis. The yields on long-term bonds are geometric averages of present and expec...
Q: Brittany is co-oping this semester at Regency Aircraft, which customizes the interiors of private an...
A: I. Let first cost be x Life of machine=10 years MARR= 8% Salvage value=0.2x x=15000×PVA8%,10+0.2x×PV...
Q: the bond. If the current one-year interest rate on government bonds is 8 percent, then the price Tal...
A: Time Period = 2 years Face Value = 5000 Coupon = Coupon Rate * Face Value = 6%*5000 = 300 Interest R...
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- 1- James owns a grocery store in north Westley, UK. He purchased £50,000 worth of goods from his suppliers and sold for £100,000 worth of goods to his customers in the month of September 2019 excluding VAT. The rate of VAT is 10%. Calculate the input VAT? a. £5,000 b. £10,000 c. £4,000 d. None of the optionsPalmer Frosted Flakes Company offers its customers a pottery cereal bowl if they send in 3 boxtops from Palmer Frosted Flakesboxes and P2. The company estimates that 60% of the boxtops will be redeemed. In 2020, the company sold 675,000 boxesof Frosted Flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. If the bowls cost Palmer Company P6each, how much liability for outstanding premiums should be recorded at the end of 2020?a. P540,000 c. P150,000b. P100,000 d. P276,000Practice on FIFO, LIFO and Weighted Average Tom’s Wear has 250 T-shirts remaining from last year (2019) at $4 unit cost and for this year he had made a few batches of purchases of T-shirts for his business. Generally the T-Shirts are generic from what he has been selling with only minor variations in colours and printed designs. On 5th January 2020, Tom bought a batch of 550 T-shirts at $3.80 unit cost. Now,he has 800 T-shirts in his warehouse, ready for business. On 6 February 2020, due to upcoming CNY, he managed to sell off 700 T-shirts and he has decided to order more from the supplier. This time, he ordered another 800 T-shirts but the cost price has risen to $4.50 per unit. Tom’s Wear managed to sell all of his T-shirts by the end of June 2020. He’s not going to re-order for the time being. All the while, Tom’s Wear is selling the T-shirts at $10 per piece. Calculate: How the inventory cost is calculated for each sale Calculate how much are the sales revenue and…
- MarkosLabs, Inc. sells tattoupées – tattooable toupées for balding men. In 2021, it sold 200 tattoupées for $500 each. For each tattoupée sold, MarkosLabs distributed a 50% discount coupon for purchase of an edible hair net within one month. Based on historical experience, MarkosLabs expects that approximately 20% of the coupons will be utilized. The edible hairnets purchased with the coupons are priced at $150 and normally discounted 10%. What would be the stand-alone sales price used by MarkosLabs for the coupon when allocating the $500 transaction price to performance obligations? (a) $0; (b) $12; (c) $15; (d) $75; or (e) $150.Wynn Company offers a set of building blocks to customers who send in 3 UPC codes from Wynn cereal, along with 50¢. The block sets cost Wynn $1.10 each to purchase and 60¢ each to mail to customers. During 2020, Wynn sold 1,200,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2020, 120,000 UPC codes were redeemed. Prepare Wynn’s December 31, 2020, adjusting entry.he Schrödinger Science Store operates a retail store in a local shopping mall. The results of operations for the fourth quarter of 2020 are as follows: Sales $350,000 Less cost of sales 205,000 Gross margin 145,000 Less selling, general, and administrative expenses 50,000 Income before taxes 95,000 Less taxes on income 19,000 Net income $ 76,000 Additional information: Sales are expected to increase by 10 percent and cost of sales are expected to increase by 12 percent in each of the next two quarters. 75 percent of sales are collected in the quarter of sale, and 25 percent are collected in the quarter following sale. The balance in accounts receivable at the end of 2020 relates to sales in the fourth quarter of 2020. Inventory purchases in the fourth quarter of 2020 are $200,000. The balance in accounts payable at the end of 2020 relates to purchases in the fourth quarter of 2020. Inventory at the end of 2020 is $150,000. For 2021, the company plans to hold…
- Pick n Pay retail shop shipped 22 000 litres of orange juice at N$50 000 and paid N$42 000 to ship 18 000 litres in October 2021. If Pick n Pay ships 20 000 litres in November 2021, its expected shipping expense would beAt December 31, 2021, Suo’s Boutique had 2,000 gift certificates outstanding, which had been sold to customers during 2021 for P50 each. Sue’s operates on a gross margin of 60% of its sales. What amount of revenue pertaining to the 2,000 outstanding gift certificates should be deferred at December 31, 2021? a. P0 b. P40,000. c. P60,000. d. P100,000.Dairy, Inc. offered an ice cream scoop in exchange for 8 labels of ice cream and $3.00. The ice cream scoops cost $7.00 each. Experience indicates that 45% of the coupons will be redeemed. Customers can redeem the coupons, receipts and cash through February 28, 2021. Dairy, Inc. sold 40,000 gallons of ice cream. 15,000 of the coupons were redeemed in 2020. What is the amount of premium expense to be recognized on the income statement for the year ended 2020? If all of the remaining ice cream scoops were issued in 2021, what is the amount of the premium expense to be recognized in 2021? What is the amount of the premium liability as of 12/31/20? Please provide a detailed explanation.
- ABC operates a consignment shop where she sells clothes for women and children. The average number of consignments sold per month is 1,000. The average material cost and the selling price of each consignment are $8 and $20, respectively. The monthly fixed costs to run this business are given below: Rental cost: $750Utilities: $150Advertising: $35Insurance: $100Labor cost: $4,000 Using Excel spreadsheet / worksheet, determine Anna's profit. Attach excel solution.On July 10, 2020, Bonita Ltd. sold GPS systems to retailers on account for a selling price of $1,020,000 (cost $816,000). Bonita grants the right to return systems that do not sell in three months following delivery. Past experience indicates that the normal return rate is 15%. By October 11, 2020, retailers returned systems to Bonita and were granted credits of $86,000. The company follows IFRS.Sheridan Candy Company offers a coffee mug as a premium for every ten $1 candy bar wrappers presented by customers together with $2. The purchase price of each mug to the company is $2.40; in addition it costs $1.60 to mail each mug. The results of the premium plan for the years 2020 and 2021 are as follows (assume all purchases and sales are for cash): 2020 2021 Coffee mugs purchased 710,000 800,000 Candy bars sold 5,700,000 6,980,000 Wrappers redeemed 2,800,000 4,160,000 2020 wrappers expected to be redeemed in 2021 2,000,000 2021 wrappers expected to be redeemed in 2022 2,700,000 Prepare the general journal entries that should be made in 2020 and 2021 related to the above plan by Sheridan Candy. Date Account Titles and Explanation Debit Credit 2020 (To record purchase of coffee mugs) 2020 (To record sale of candy bars) 2020…