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olga2289 [7]
2 years ago
11

A customer buys 10 Allied Corporation 8% debentures, M '25, at 90 on Tuesday, Oct 9th. The interest payment dates are Feb. 1 and

Aug. 1. The trade settled on Thursday, October 11th. The annual interest payments amount to:
Business
1 answer:
pshichka [43]2 years ago
5 0

Based on the information given the annual interest payments amount to:$800.

<h3>Annual interest payments:</h3>

The 10M represent 1-1,000 bonds which is $10,000

Using this formula

Annual interest payment= Interest rate annually×Bonds

Where:

Interest rate annually=8%

Bonds=$10,000

Let plug in the formula

Annual interest payment=8% of $10,000

Annual interest payment=$800

Inconclusion the annual interest payments amount to:$800.

Learn more about annual interest payment here:brainly.com/question/2151013

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The central principle of general strain theory is that people who encounter pressure or stress are depressed or frustrated which can lead them to commit a crime to cope.

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Professor buchanan informed her colleagues about the various intercom systems she had investigated. she then recommended that th
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Groups that have a strong interest in the success and outcomes of a business, such as employees, neighbors, or government regula
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<h2>What are stakeholders?</h2>

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<h3>Characteristics of stakeholders:</h3>

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Learn more about stakeholders here: brainly.com/question/6867919

5 0
2 years ago
_____ remain constant regardless of how many products are sold
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3 years ago
In one of the case studies in the textbook, Ernie Phillips was a CPA who had fallen on hard times both financially and personall
olga_2 [115]

Answer:

The fraud was discovered Option D: The operations manager found a check made payable to Phillips while searching Phillips' desk for some accounting records.

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This fraud can be discovered when the operations manager found a check on Phillips desk which was payable to himself and it was other than the payroll check. Thus, Option D is the statement as an answer.

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