Answer:
At Yield to maturity = 11%
Price = $1,000
Explanation:
As for the provided information we have:
Par value = $1,000
Interest each year = $1,000 
11% = $110
Effective interest rate semiannually = 11%/2 = 5.5% = 0.055
Since it is paid semiannually, interest for each single payment = $110 0.5 = $55 for each payment.
Time = 8 years, again for this since payments are semi annual, effective duration = 16
Price of the bond = 
Here, C = Coupon payment = $55
i = 0.055
n = Time period = 16
M = Maturity value = Par value = $1,000
Therefore, if yield to maturity = 11% then,
P = 
= $1,000
Answer:
Single step income statement
Explanation:
The single step income statement is the simplest form in which an income statement is prepared, e.g.
Revenues:
- Sales revenues $100
- Interest income $20 $120
Expenses:
- Rent expense $30
- Utilities expense $10
- Wages and salaries $60 <u>($100)</u>
Income before taxes $20
Tax expenses <u> ($4.20)</u>
Net income $15.80
A multi-step income statement is more complex, since operating revenues and costs are reported first in order to determine operating income, then other revenues and expenses are introduced and income before taxes is calculated.
Answer: hello your question has some missing information below is the missing information
Suppose the economy begins with output equal to its natural level. Then there is an increase in consumer confidence and households attempt to consume more for a given level of disposable income.
answer :
Attached below
Explanation:
IS-LM modeling curves intersects and it also defines the value of r and Y where r ( rate of interest ) Y( output level )
The AS-AD modeling is in equilibrium where aggregate demand curve and short run and long run aggregate supply curves intersects each other defining P and Y
p ( price level ) , Y ( output level )
<em>Note : Increase in aggregate demand shifts IS outward , raises interest rate and output level</em>
Answer:
Purchase return.
Explanation:
A purchase return is a book usually prepared by the seller to record items such as fixed assets , inventories returned by the buyer. It is important that sellers take note of purchase returns as they could cut down the profit of business.
Goods or inventories may be returned by buyers due to buying defect products, goods ordered by the buyer are higher than what is required hence returns the excess, wrong supply of goods by the seller etc.
A seller may however charge a fee if the goods returned is due to the buyer's fault or the seller gives allowance to the buyer if the fault is his.
