The face amount of a note that is promised to be paid at maturity is called the
a. rate of interest; b. principal of the note; c. time of the note;
d. discount of the note; e. maturity value
B
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Bonds that are backed solely by the general credit of the corporation are called
a. serial bonds; b. convertible bonds; c. debenture bonds; d. callable bonds; e. coupon bonds.
Brissett Corporation makes three products that use the current constraint, which is a particular type of machine. Data concerning those products appear below: GKLQXKSelling price per unit$119.51$226.07$228.96Variable cost per unit$89.87$176.86$178.92Time on the constraint (minutes) 1.90 3.70 3.60Required:a. Rank the products in order of their current profitability from the most profitable to the least profitable. In other words, rank the products in the order in which they should be emphasized. Show your work!b. Assume that sufficient constraint time is available to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource?
What will be an ideal response?
Nevland Corporation is considering the purchase of a machine that would cost $130,000 and would last for 6 years. At the end of 6 years, the machine would have a salvage value of $18,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $44,000. The company requires a minimum pretax return of 19% on all investment projects. The net present value of the proposed project is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. $20,040 B. $26,376 C. $74,902 D. $38,040
What will be the effect on total ordering costs (calculated over multiple orders) in an inventory system as the size of each order increases?
A) It will increase B) It will decrease C) It will remain unchanged D) Order size has no effect on ordering costs.