To calculate the current yield of bonds.
We have the given par value of $1000, a market price of $750 and an interest rate of 6%.
Formula of current yield:
Yield = (interest rate * par value)/(market price) * 100%
= ((0.06 * $1000)/$750) * 100%
= ( $60/$750) * 100%
=0.08 * 100%
= 8%
Tengen is the name of the company that made and had its own branding on unofficial Nintendo entertainment games.
<h3>Tengen</h3>
It was incorporated on December 21, 1987. In 1988, Tengen emitted its first and only three games authorized by Nintendo: R.B.I. Baseball, Pac-Man, and Gauntlet. Meanwhile, Tengen privately worked to avoid Nintendo's lock-out chip called 10NES which granted it control over which games were published for the NES.
<h3>Nintendo Co., Ltd.</h3>
Nintendo Co., Ltd. is now the biggest video game business by revenue, as a Japanese multinational customer electronics corporation headquartered in Kyoto, Japan.
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Answer:
Buyer (Paden Company)
Explanation:
The freight costs will be paid by the Buyer. FOB shipping point means that the Buyer takes all the risks and rewards associated with the purchase as soon as the goods leave sellers location.
Assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75
Calculation to determine Reggie medical expense deduction
Drugs $500
Add Health insurance premium-after tax $850
Add Doctors fees $1,250
Add Eye glasses $375
Total expenses $2,975
($500+$850+$1,250+$375)
Less Insurance reimbursement ($500)
Less 7.5% of Adjusted gross income ($2,400)
($32,000×7.5%)
Medical Expense Deduction $75
($2,975 - $500 - $2,400)
Inconclusion assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75
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