Answer:
YTM = 0.06409 or 6.409% rounded off to 6.41%
Explanation:
The YTM or yield to maturity is the yield or return that the bond will provide if it is purchased today and held till maturity. The formula to calculate the YTM will be,
YTM = [ (C + (F - P)/n) / ((F + P)/2) ]
Where,
- C is the coupon payment
- F is the face value of the bond
- P is the current value
- n is the number of years to maturity
Coupon = 1000 * 0.07 = 70
YTM = [ (70 + (1000 - 1062.50)/16) / ((1000 + 1062.50)/2) ]
YTM = 0.06409 or 6.409% rounded off to 6.41%
Answer:
$3.02 per share
Explanation:
The computation of the earning per share is shown below:
we know that
Earnings per share = (Net income - preferred dividend) ÷ Weighted average outstanding common shares
= ($2,150,000 - $70,000) ÷ 688,000 shares
= $3.02 per share
<u>Date Particulars No. of shares
</u>
01/01-31/12 610000 × 12 ÷ 12 (610000 × 1.04) $634,400
28/02-31/12 63000 × 10 ÷ 12 (52500 × 1.04) $54,600
01/07-31/12 (2000) × 6 ÷ 12 -$1,000
Weighted average outstanding common shares 688,000
Answer:D.$14,100 gain
Explanation:
The par value of a bond is $100 when it's issued below the price it's issued at a discount which is a loss to the firm and when it's issued above the par value, it's issued at a premium which is a gain.
The issue of $705,000 means 7050 numbers were issued and retiring it $102 means at a premium of $2 per bond and a total of N14,100 gain.
That speaker tends to <span>closed-minded and impulsive.
The most important things for that speaker is most likely not finding the best outcome from the people around them that could be done if they just work together , but rather to become the center of attention by diminishing other people's value (putting them down)</span>
Answer:
a. 29,450
Explanation:
Equivalent units under FIFO method are calculated using the following formula: Equivalent units for each cost component = (100% − A) × B + C + D × E . Where a = percentage of completion at the end of last period
, b = units in opening work in process
, c = units started and completed in current period (30,000 - 3,000 =27,000), d = percentage of completion of units in closing work in process
, e = units in closing work in process
Equivalent units for each cost component
= (100% − 75%) × 5000 + 27000 + 40% × 3000
= 29,450
