The demand for toys produced by the Miki Manufacturing Company has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop simple linear regression forecast and answer the following questions.
Simple Linear Regression Forecast
Period Actual Demand Forecast Formulas
1 1,600 #N/A
2 2,000 #N/A
3 1,800 #N/A
4 1,200 #N/A
5 2,300 #N/A
6 3,600 #N/A
7 3,300 #N/A
8 3,200 #N/A
9 4,000 #N/A
10 4,900 #N/A
11 4,500 #N/A
12 4,400 #N/A
13 #N/A
Intercept #N/A
Slope #N/A
1. What is the trend line? Round your answers to two decimal places. Do not round intermediate calculations.
2. Calculate the linear trend forecast for the periods from 1 to 13. Round your answers to the nearest whole number. Use unrounded intercept and slope values.
Period Forecast
1
2
3
4
5
6
7
8
9
10
11
12
13
Answers
Answer:
attached below is the required solution
Explanation:
1) Determine the trend line
The trendline ( Y ) = 319.58x + 989.39 ( attached below is a graph showing the trendline )
2) attached below is the table showing the calculation of Linear trend forecast
Related Questions
A bank system contains data on customers (identified by name and address) and their accounts. Each account has a balance and there are 2 type of accounts: one for savings which offers an interest rate, the other for investments, used to buy stocks.
a. True
b. False
Answers
Answer:
a. True
Explanation:
The system of the bank contains the customers data i.e. name and the address by which they could be identified also their accounts are identified. Each and every account has the balance option also it involved two types of accounts i.e. saving that provides the rate of interest and the other one is for investment that used to purchase the stocks
Hence, the given statement is true
Initially, a reduction in export subsidies decreases net exports at any given real exchange rate, causing the demand for dollars in the foreign exchange market to decrease. This leads to a decrease in the real exchange rate, which, in turn, decreases imports to negate any decrease in exports, leaving the equilibrium quantity of net exports and the trade deficit unchanged at this point.
However, the reduction in expenditure on export subsidies _________the fiscal deficit, thereby _______public saving.
Answers
Answer:
Decreases; increasing
Explanation:
However, the reduction in expenditure on export subsidies decreases the fiscal deficit, thereby increasing public saving.
National savings refers to the sum of public and private savings. Public savings is the government budget balance. An increase in the balance or decrease in deficit implies the public savings increase and also increase in national savings. Then, the decrease in subsidy spending decreases government deficit and increases national savings and supply of loanable funds, so the loanable funds shift to the right.
Which of the following would not be (True) in the event that a newly admitted partner pays more than book value for his/her investment in a partnership?
a. Assign a bonus to the prior partners
b. Record unrecognized goodwill and allocate it to the prior partners
c. Record no revaluations, bonus, or goodwill
d. Revalue net assets up to market value and allocate to prior partners
Answers
Answer:
c. Record no revaluations, bonus, or goodwill
Explanation:
As new incoming partner is giving more than the investment required it means there is some goodwill or revaluations or bonus involved which requires to be treated in the books otherwise it will be assumed that accounts are not properly reported and capital accounts will not be justified. Third option says no revaluations, bonus or goodwill will be recorded which is wrong.
PLEASE GIVE ME AN EXPLANATION ON HOW TO DO THIS OR DO IT FOR ME I REALLY NEED THIS SO I CAN PASS
You will assist four of the affected patients or their family members with their concerns regarding the lack of heating, ventilation, and air
conditioning (HVAC) in the maternity ward.
• For each interaction, note the time, describe who is voicing a concern, what the problem is, and the approach you are taking to
assist the customer. Be sure to include in the interaction any source of conflict, and the ultimate resolution.
• You may describe each encounter by writing in a short paragraph format, covering all points of the interaction. Or, you may
describe by using dialogue parts, as you would find in a play.
Answers
Answer:
hii can we be friends
अनुपात के लिए प्रतिशत कैसे प्राप्त करें
अनुपात अक्सर एम: एन या एम / एन के रूप में व्यक्त किए जाते हैं। अनुपात को प्रतिशत के रूप में परिवर्तित करने के लिए, केवल m को n से विभाजित करें और फिर परिणाम को 100 से गुणा करें।
अनुपात को प्रतिशत में बदलने के लिए कदम
रूपांतरण में तीन सरल चरण होते हैं:
चरण 1: पहली संख्या को दूसरी संख्या से विभाजित करें
चरण 2: प्रतिशत में बदलने के लिए 100 से गुणा करें
चरण 3: प्रतिशत प्रतीक जोड़ें (%)
उदाहरण के लिए , यदि अनुपात 12: 4 है, तो इसे प्रपत्र 12/4 में बदल दें, जो एक समीकरण है जिसे हम हल कर सकते हैं। उसके बाद, प्रतिशत प्राप्त करने के लिए परिणाम को 100 से गुणा करें।
12 3 4 = 3 3 × 100 = 300%अनुपात के लिए प्रतिशत को हल करने के लिए समीकरण
Please help me with this accounting question
How can a business entity have controlling interest of another business entity when it does not own over 50% of the parent company ordinary share capital?
Answers
Answer:
Shareholders that have a controlling interest often are able to direct the course of at least 50% of the outstanding shares of a given company plus one person or group owns a significant portion of it's voting shares, as not every deal that continues to give them majority voting power over the new entity.
Explanation:
I majored in Business
As a Marketing Manager of a Multinational Company Imran & Co., which will manufacture Detergent; draft a detailed Marketing Plan for the year 2020-21? Assuming that the Product is to be launched in Pakistan as a part of your Market Development Strategy?
Answers
Answer:
NZXCVJIGH80BGRG
Explanation:
Prepare summary journal entries to record the following transactions for a company in its first month of operations.
Raw materials purchased on account, $114,000.
Direct materials used in production, $45,500. Indirect materials used in production, $20,400.
Paid cash for factory payroll, $50,000. Of this total, $37,000 is for direct labor and $13,000 is for indirect labor.
Paid cash for other actual overhead costs, $9,125.
Applied overhead at the rate of 125% of direct labor cost.
Transferred cost of jobs completed to finished goods, $80,500.
Sold jobs on account for $115,000. The jobs had a cost of $80,500.
a. Record raw materials purchased on account .
b(1). Record the entry to assign costs of direct materials used.
b(2). Record the entry for indirect materials.
c. Record the usage of direct and indirect labor, paid in cash.
d. Record other actual overhead costs, paid in cash.
e. Record the entry to apply overhead at a rate of 125% of direct labor cost.
f. Record costs of jobs completed.
g(1). Record the cost of the jobs sold.
g(2). Record sales on account.
Answers
Answer:
1a. Dr Raw materials inventory $114,000
Cr Accounts payable $114,000
b(1) Dr Work in process inventory $45,500
Cr Raw materials inventory$45,500
b(2) Dr Factory overhead $20,400
Cr Raw materials inventory$20,400
c.Dr Work in process inventory 37,000
Dr Factory overhead 13,000
Cr Cash 50,000
d. Dr Factory overhead 9,125
Cr Cash 9,125
e. Dr Work in process inventory 45,500
Cr Factory overhead45,500
f. Dr Finished goods inventory $80,500
Cr Work in process inventory$80,500
g(1) Dr Cost of goods sold$80,500
Cr Finished goods inventory $80,500
g(2) Dr Accounts receivable $115,000
Cr Sales $115,000
Explanation:
Preparation of summary journal entries
1a. Dr Raw materials inventory $114,000
Cr Accounts payable $114,000
(Being to record raw materials purchased on account )
b(1) Dr Work in process inventory $45,500
Cr Raw materials inventory$45,500
(Being to Record the entry to assign costs of direct materials used)
b(2) Dr Factory overhead $20,400
Cr Raw materials inventory$20,400
(Being to record the entry for indirect materials)
c.Dr Work in process inventory 37,000
Dr Factory overhead 13,000
Cr Cash 50,000
(Being to Record the usage of direct and indirect labor, paid in cash)
d. Dr Factory overhead 9,125
Cr Cash 9,125
(Being to Record other actual overhead costs, paid in cash)
e. Dr Work in process inventory 45,500
Cr Factory overhead45,500
(Being to Record the entry to apply overhead)
f. Dr Finished goods inventory $80,500
Cr Work in process inventory$80,500
(Being to Record costs of jobs completed)
g(1) Dr Cost of goods sold$80,500
Cr Finished goods inventory $80,500
(Being to Record the cost of the jobs sold)
g(2) Dr Accounts receivable $115,000
Cr Sales $115,000
(Being to Record sales on account)
Which of the following is the most effective means of assessing and validating policies, plans, procedures, training, equipment, assumptions, and interagency agreements?
a. emergency planning
b. plan review
c. interagency communication
d. exercises
Answers
Answer:
The most effective means of assessing and validating policies, plans, procedures, training, equipment, assumptions, and interagency agreements is:
b. plan review
Explanation:
A plan review, which is a project control measure, ensures that a project or an undertaking complies fully with the ground norms, rules, regulations, and initial agreements between contracting parties. When the plan review is complete, the particular project can proceed for implementation. Plan review also ensures that there are no unforeseen circumstances that could derail the implementation stage of the project. It is at this important stage that the resources to be used are clearly and positively earmarked. A plan review also offers the opportunity to ensure that the intended benefits will be realized after the project goes alive.
4. a. Define in personam jurisdiction.
b. Define and explain the application of a "long arm" statute.
Answers
Explanation:
Personam jurisdiction
In the authority of an individual, jurisdiction over even a specific person alluded to. In particular, if heard before a criminal court, which court was allowed to decide on any case by which it had otherwise authority.
"long arm" statute
A long-arm legislation is a law that permits a judge, on the grounds of some of these crimes undertaken by an other in offender, to seek legal authority over an other in defendant, such that the plaintiff has an adequate relationship with the prosecution.
which of the following is not an advantage of budgeting?
Answers
Explanation:
where are the options of the question
Answer:
wasting of money
Explanation:
because that's is disadvantages of budgeting
which of the following is an appropriate solution to an overspending allowance?
A. Keep spending money until it is appropriate to write a new budget at the beginning of the month.
B. Borrow money.
C. Find other places in the budget where money can be re-purposed.
D. Remember that over the course of a year everything will balance out.
Answers
Answer:
a
Explanation:
Jan Holliday Dance Studios is a chain of 45 wholly owned dance studios that offer private lessons in ballroom dancing. The studios are located in various cities throughout the southern and southeastern states. Holliday offers a set of 12 private lessons; students may pay for the lessons one at a time, but each student is required to enroll for at least a 12-lesson plan. The 20-, 40-, and 100-lesson plans offer savings. Each dance instructor is paid a small salary plus a commission based on the number of dance lessons provided.
Required:
Indicate whether the cost should be classified as (a) direct, (b) indirect, (c) variable, and (d) fixed with respect to the following list for the cost objects.
1. Each dancing instructor’s salary
2. Manager’s salary
3. Music tapes used in instruction
4. Utilities for the studio
5. Part-time studio receptionist
6. Planning and development materials sent from the home office
7. Free lessons given by each studio as a promotion
8. Regional TV and radio advertisements placed several times a year
Answers
Answer:
For Studios as the Cost object:
1. Each dancing instructor’s salary - Direct Cost , Variable Cost
2. Manager’s salary - Direct Cost , Variable Cost
3. Music tapes used in instruction - Direct Cost , Variable Cost
4. Utilities for the studio - Direct Cost , Variable Cost
5. Part-time studio receptionist - Direct Cost , Variable Cost
6. Planning and development materials sent from the home office - Indirect Cost , Variable Cost
7. Free lessons given by each studio as a promotion - Direct Cost , Variable Cost
8. Regional TV and radio advertisements placed several times a year - Direct Cost , Fixed Cost
For Lessons as the Cost object:
1. Each dancing instructor’s salary - Direct Cost , Fixed Cost
2. Manager’s salary - Indirect Cost , Fixed Cost
3. Music tapes used in instruction - Indirect Cost , Fixed Cost
4. Utilities for the studio - Indirect Cost , Fixed Cost
5. Part-time studio receptionist - Indirect Cost , Fixed Cost
6. Planning and development materials sent from the home office - Indirect Cost , Fixed Cost
7. Free lessons given by each studio as a promotion - Indirect Cost , Fixed Cost
8. Regional TV and radio advertisements placed several times a year - Indirect Cost , Fixed Cost
Explanation:
There are two possibilities of the cost object :
1. Studios as the Cost object
2. Lessons as the Cost object
Now,
For Studios as the Cost object:
1. Each dancing instructor’s salary - Direct Cost , Variable Cost
2. Manager’s salary - Direct Cost , Variable Cost
3. Music tapes used in instruction - Direct Cost , Variable Cost
4. Utilities for the studio - Direct Cost , Variable Cost
5. Part-time studio receptionist - Direct Cost , Variable Cost
6. Planning and development materials sent from the home office - Indirect Cost , Variable Cost
7. Free lessons given by each studio as a promotion - Direct Cost , Variable Cost
8. Regional TV and radio advertisements placed several times a year - Direct Cost , Fixed Cost
Now,
For Lessons as the Cost object:
1. Each dancing instructor’s salary - Direct Cost , Fixed Cost
2. Manager’s salary - Indirect Cost , Fixed Cost
3. Music tapes used in instruction - Indirect Cost , Fixed Cost
4. Utilities for the studio - Indirect Cost , Fixed Cost
5. Part-time studio receptionist - Indirect Cost , Fixed Cost
6. Planning and development materials sent from the home office - Indirect Cost , Fixed Cost
7. Free lessons given by each studio as a promotion - Indirect Cost , Fixed Cost
8. Regional TV and radio advertisements placed several times a year - Indirect Cost , Fixed Cost
The company's adjusted trial balance includes the following account balances cash is 15000 equipment is 85000 accumulated depreciation is 25,000 accounts payable is 10,000 retained earnings is 59,000 dividends is 2,000 fees earned is 56000 depreciation expense is $25,000 in salaries expenses 23,000 all accounts have normal balances
Answers
Answer and Explanation:
The closing entries for the following accounts are:
1. Fees earned A/c Dr $56,000
To Income Summary $56,000
(To record the closing of the revenue account)
2. Income summary A/c Dr $48,000
To Depreciation Expense $25,000
To Salaries Expense $23,000
(To record the closing of the expenses accounts)
3. Income summary A/c Dr $8,000 ($56,000 - $48,000)
To Retained earning $8,000
(To record the difference i.e. credited to retained earning)
4. Retained earnings A/c Dr $2,000
To Dividend A/c $2,000
(To record the closing of the dividend account)
When your local Internet service provider increased its monthly charge from $40 to $50, the number of subscribers fell from 2,000 to 1,800. Demand will:_________
Answers
Answer: Inelastic
Explanation:
Based on the information given, we would calculate the elasticity of demand which would be:
= (Change in Quantity / Change in Price) (Initial Price/ Initial Quantity)
Change in Quantity = 1800 - 2000 = -200
Change in Price = 50 - 40 = 10
Initial Price = 40
Initial Quantity = 2000
Elasticity of demand would then be:
= (-200/10)(40/2000)
= (-20)(0.02)
= -0.4
Since elasticity of demand is less than 1, it is an inelastic demand.
You are giving your pitch and state that you'll get 30% of this new 1.3 billion market in 2 years. A member of the audience laughs. What did you just say your year two revenue would be? Yeah
Answers
Answer:390,000,000
Explanation: 30% of 1.3 billion
In the given situation, when it says 30% of 1.3 billion then it just say year of two revenue would be $ 390,000,000.
What do you understand by the revenue?Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations.
While income or profit includes the costs incurred in generating revenue and reports net (not gross) results, revenue simply refers to the proceeds from sales.
Revenue (from the sale of goods or services) less operational expenses equals operating income.
Non-operating income is irregular or irregular money that comes from other sources (e.g., lawsuit proceeds).
Therefore, in the given situation, when it says 30% of 1.3 billion then it just say year of two revenue would be $ 390,000,000.
To know more about the revenue, visit:
https://brainly.com/question/8645356
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On December 11, 2019, Hooper Inc. made a credit sale to Marshall Company and required Marshall to sign a $12,000, 60-day note.Required:Prepare the journal entries necessary to record the receipt of the note by Hooper, the accrual of interest on December 31, 2019, and the customer’s repayment on February 9, 2020, assuming:1. Interest of 12% was assessed in addition to the face value of the note.2. The note was issued as a $12,000 non-interest-bearing note with a present value of $11,765. The implicit interest rate on the note receivable was 12%. Assume a 360-day year.
Answers
Answer:
1) December 11, 2019
Dr Notes receivable 12,000
Cr Sales revenue 12,000
December 31, 2019
Dr Interest receivable 80
Cr Interest revenue 80
February 9, 2020
Dr Cash 12,240
Cr Notes receivable 12,000
Cr Interest revenue 160
Cr Interest receivable 80
2) December 11, 2019
Dr Notes receivable 12,000
Cr Sales revenue 11,764.71
Cr Discount on notes receivable 235.29
December 31, 2019
Dr Discount on notes receivable 78.43
Cr Interest revenue 78.43
February 9, 2020
Dr Cash 12,000
Dr Discount on notes receivable 156.86
Cr Notes receivable 12,000
Cr Interest revenue 156.86
The following information describes a company’s usage of direct labor in a recent period. The total direct labor cost variance is:
Actual hours used 45,000
Actual rate per hour $15.00
Standard rate per hour $14.50
Standard hours for units produced 47,000
a. $22,500 unfavorable.
b. $22,500 favorable.
c. $6,500 favorable.
d. $29,000 favorable.
e. $6,500 unfavorable.
Answers
Answer:
Direct labor rate variance= $22,500 unfavorable
Explanation:
Giving the following information:
Actual hours used 45,000
Actual rate per hour $15.00
Standard rate per hour $14.50
To calculate the direct labor cost (rate) variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (14.5 - 15)*45,000
Direct labor rate variance= $22,500 unfavorable
Department S had no work in process at the beginning of the period. It added 10,000 units of direct materials during the period at a cost of $70,000; 7,500 units were completed during the period; and 2,500 units were 38% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $59,600 and factory overhead was $8,900. The total cost of units completed during the period were:______.
a. $133,784.
b. $111,487.
c. $102,285.
d. $52,500.
Answers
Answer:
Department S
The total cost of units completed during the period were:______.
= $113,325
Explanation:
a) Data and Calculations:
Units started during the period = 10,000
Material cost of units started = $70,000
Units completed = 7,500 units
Units in ending WIP = 2,500 units
Equivalent units: Materials Conversion
Started and completed 7,500 7,500
Ending WIp 2,500 950 (2,500 * 38%)
Total equivalent units 10,000 8,450
Cost of production: Materials Conversion Total
Units started $70,000 $68,500 $138,500
Equivalent units 10,000 8,450
Cost per equivalent $7.00 $8.11
Cost of units completed:
Materials $52,500 (7,500 * $7)
Conversion 60,825 (7,500 * $8.11)
Total costs $113,325
Which description applies to the middle class in American society?
A. They tend to lack a high school education.
B. They tend to live off wealth that their parents accumulated.
C. They tend to live comfortably as long as they have jobs.
D. They tend to live without the means to find shelter.
Answers
Answer:
(C).They tend to live comfortably as long as they have jobs
Answer:
C. "They tend to live comfortably as long as they have jobs."
please pasagot ang
hirap kasi
Answers
Answer:
1)32/100×10000
=3200
2)13/100×10000
=1300
3)15/100×10000
=1500
4)3/100×10000
=300
5)4/100×10000
=400
6)12/100×10000
=1200
7)5/100×10000
=500
8)2/100×10000
=200
9)14/100×10000
=1400
the total amount is 3200+1300+1500×300+400+1200+500+200+1400
=10000
is this the way...I am sorry if it is wrong...was just giving it a try..
George Clausen (age 48) is employed by Kline Company and is paid a salary of $43,004. He has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Clausen:______.
a. What is the maximum that he can contribute into this retirement fund?
b. What would be the company's contribution? Round your answer to the nearest cent.
c. What would be his weekly take-home pay if he contributes the maximum allowed retirement contribution (married, 2 allowances, wage-bracket method, and a 2.3% state income tax on total wages)? Round your calculations and answer to the nearest cent.
d. What would be his weekly take-home pay without the retirement contribution deduction? Round your calculations and answer to the nearest cent.
Answers
Answer:
a. As per the relevant provisions of IRS, the maximum amount of contribution that can be made to Simple Retirement Account (IRA form) for the year 2016 by an employee is $12,500
b. The maximum amount of contribution that can be made to the Simple Retirement Account according to the provisions of IRS (2016) by the company is 3% of total compensation earned by the employee. So the total amount of company's contribution would be $1290.12 ($43,004*3%).
c. Weekly Pay (43,004/52) 827
Less: Weekly Retirement Contribution 240.38 (12,500/52)
Weekly Wages 586.62
Less
FICA Tax (827*6.2% + 827*1.45%) 63.2655
Federal Income Tax (Refer to Weekly 58
Wage Table for Married Persons, Column
for 2 Allowances)
State Income Tax (827*2.3%) 19.021
Weekly Take Home Pay $446.33
d. Weekly Pay (43,004/52) 827
Less: FICA Tax (827*6.2% + 827*1.45%) 63.2655
Federal Income Tax (Refer to Weekly 58
Wage Table for Married Persons,
Column for 2 Allowances)
State Income Tax (827*2.3%) 19.021
Weekly Take Home Pay $686.71
Which of the following transactions increases owner’s equity? a.Earn revenue b.Receive cash from customers on account c.Pay expenses d.Withdraw money for personal use
Answers
Answer:
A. Earn revenue
B. Receive Cash from customers on account
Explanation:
The effects of the transactions mentioned in the question are explained below:
A. Earn Revenue
The revenue earned causes the owner's equity to increase. As will it increase the current assets (accounts receivable for credit based transaction and bank for cash based transactions).
B. Receive Cash from customers on account
When cash is received from customers it results in the increase in the current assets . Giving companies the opportunity to invest more in the business. Therefore, the owner's equity is increased in this case.
C. Pay expenses
When the expenses are paid, the owner's equity falls and simultaneously the current assets fall as the cash available has been decreased.
D. Withdraw money for personal use
The owner's equity when available is used for the purpose of investing in the business, therefore, when cash is withdrawn for personal use the amount available to spend on business has been reduced. Hence, owner's equity has fallen.
Otto and Monica are married taxpayers who file a joint tax return. For the current tax year, they have AGI of $80,300. They have excess depreciation on real estate of $67,500, which must be added back to AGI to arrive at AMTI. The amount of their mortgage interest expense for the year was $25,000, and they made charitable contributions of $7,500. They have no other itemized deductions. If Otto and Monica's taxable income for the current year is $39,700, determine the amount of their AMTI.
Answers
Answer:
$115,300
Explanation:
Calculation to determine the amount of their AMTI.
AGI $80,300
Add Depreciation on real estate $67,500
Less Mortgage interest expense ($25,000)
Less Charitable contributions ($7,500)
AMTI $115,300
(80,300 + 67,500 - 25,000 - 7,500)
Therefore the amount of their AMTI will be $115,300
On December 31, 2018, Wellstone Company reported net income of $73,000 and sales of $202,000. The company also reported beginning and ending accounts receivable at $16,500 and $27,500, respectively. Wellstone will report cash collected from customers in its 2018 statement of cash flows (direct method) in the amount of:
Answers
Answer:
$191,000.00
Explanation:
The cash amount of cash collected from customers is the amount of sales revenue in the year 2018 adjusted for changes in accounts receivable balances as shown by the formula below:
cash collected from customers=sales revenue+begining accounts receivable-ending accounts receivable
sales revenue=$202,000
the begining accounts receivable=$16,500
the ending accounts receivable=$27,500
It is expected that cash received would be sales less the increase in accounts receivable
cash collected from customers=$202,000+$16,500-$27,500
cash collected from customers=$191,000.00
What is the Jpmorgan ceo leadership style and characters?
Answers
Which attribute of a photographer will a portfolio convey?
A.diplomacy
B.versatility
c.generosity
D.sincerity
Answers
Answer:
The answer is B. versatility.
Explanation:
I took the test on Edmentum and got it right.
How do marginal costs
and benefits relate to trade-offs?
Answers
Answer:
A trade-off is the actual alternative option that is given up, while the value of this alternative option is the opportunity cost. ... Marginal cost is the cost of using one more unit of a good or service, and marginal benefit is the benefit or satisfaction received from using one more unit of a good or service.
Explanation:
The Treasury department issued a 10-year bond on January 1, 2015. The par value is $1,000 and the annual coupon rate is 10%. The bond pays two coupons every year, one at the end of June and one at the end of December. The required annual yield is 8%. An investor bought the bond on March 31, 2015. What is the price that he should pay for the bond
Answers
Answer:
$1,135.90
Explanation:
The bond price formula is given below, the formula implies that the price of the bond is the present value of future cash flows which are the semiannual coupons and the face value
Bond price=face value/(1+r)^n+semiannual coupon*(1-(1+r)^-n/r
face value=$1,000
r= semiannual yield to maturity=8%*6/12=4%
n=number of semiannual coupons in 10 years=10*2=20
semiannual coupon=face value*coupon rate*6/12=$1,000*10%*6/12=$50
bond price=$1,000/(1+4%)^20+$50*(1-(1+4%)^-20/4%
bond price=$1000/(1.04)^20+$50*(1-(1.04)^-20/0.04
bond price=$1000/2.191123143 +$50*(1-0.456386946 )/0.04
bond price=$1000/2.191123143 +$50*0.543613054/0.04
bond price= $456.38 +$679.52
= $1,135.90
For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income $ 330,000 Permanent difference (15,800 ) 314,200 Temporary difference-depreciation (20,900 ) Taxable income $ 293,300 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as its deferred income tax liability as of the end of its first year of operations?
Answers
Answer:
$5,225
Explanation:
Calculation for What should Tringali report as its deferred income tax liability as of the end of its first year of operations
Using this formula
Deferred income tax liability=Temporary difference-depreciation*Tringali's tax rate
Let plug in the formula
Deferred income tax liability= $20,900 * 25%.
Deferred income tax liability=$5,225
Therefore What Tringali should report as its deferred income tax liability as of the end of its first year of operations is $5,225
Write an long letter to your friend requesting her to visit Nepal.
Answers
Answer:
Dear sarah
I am glad and excited as I knew that you want to visit some Asian countries in your upcoming holiday period. I humbly request you and your family to visit my country Nepal.
Explanation:
As you probably know, Nepal is small landlocked yet naturally beautiful country which is abode of the highest peak in the Earth, Mt. Everest, including other seven highest mountains. As spring season has just started, it is best time to capture glimpse of its natural amenities. I am telling you, you should not forget to visit Patan Durbar Square, which makes you spellbound at its historic and artistic hand made sculpture, statue and temples. Moreover, capital city Kathmandu is best known as City of Temples in the world with many famous world heritage sites such as Pashupatinath and Swoyambhunath. Last but not the least, in any attempt you should enjoy Sauraha Jungle Safari with exciting and memorable Elephant Polo.
Climate nowadays is ostensibly fairly good so if possible try to bring loose garments. But if you wish to go for trekking and climb mountains bring thick wind proof warm clothes with high rise sole shoes. Furthermore, if you are sick of high altitudes and low pressure bring doctor prescribed medicines as well. A big map of Nepal will be helpful for guiding you without rambling.
Convey my warm greetings to your family.
Should you have any queries do not hesitate to write to me.
yours
lean
