Answer:
Years to Maturity = 12.53
Explanation:
Coupon Rate = 7.00%
Coupon Periods = 2
Perpetuity Value = 1,041.67
Price = 1,023.46
Discounted Perpetuity Value = 455.17
Yield to Maturity = 6.72%
Annuity Value = 586.49
Discounted Face Value = 436.97
Semiannual Coupon = 35.00
Price 1,023.46
Periods to Maturity = 25.05
Semiannual Yield = 3.36%
Years to Maturity = 12.53
Answer:
Explanation: Journal Entries
Debit: Cash. $19.7m
Credit: Unearned Revenue $19.7m
Being sales of gift card for the month of December.
Debit: Unearned Revenue. $12.7m
Credit: Sales. $12.7m
Being actual gift card redeemed for the month if December.
Unearned Revenue a/c has a credit bal of $7m as unredeemed gift card. Its a liability to the company as they have the money but the cards are yet to be redeemed.
Answer: $920,000
Explanation:
Given the following :
Beginning balance = $800,000
Brown's earning = $600,000
Casg Dividend = $200,000
Dexter's portion of brown's outstanding shares = 3000/ 10000 = 0.3
Therefore, Dexter's investment account is as follows :
Beginning balance + (earning × 0.3) - (Dividend × 0.3)
$800,000 + ($600,000 × 0.3) - ($200,000 × 0.3)
$800,000 + $180,000 - $60,000
$980000 - $60000 = 920000
Answer:
.4792 or 47.92%
Explanation:
The computation of the weight of C is shown below:
But before that first determine the following things
For A is
= 100 × $22
= $2200
For B
= 600 × $17
= $10200
For C
= 400 × $46
= $18400
For D
= 200 × $38
= $7600
So,
Total = 38400
And, finally
weight of C is
= $18,400 ÷ $38,400
= .4792 or 47.92%
Answer:
The correct answer is option A.
Explanation:
A market outcome will be considered economically efficient if the marginal benefit earned from the last unit is equal to the marginal cost incurred in the production of the last unit while the economic surplus or the sum of consumer surplus and producer surplus is at maximum.
If the marginal cost and benefit are not equal then the outcome is said to inefficient. It means that either the resources are not being allocated efficiently or the production is not efficient.