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tester [92]
1 year ago
8

General-purpose financial statements are the product of:____.

Business
1 answer:
Neko [114]1 year ago
5 0

General-purpose financial statements are the product of: <u>both financial and managerial accounting.</u>

<u />

<h3>What is the definition of general purpose financial statements?</h3>

The general definition of financial statements is to provide information about the effects of operations, financial position, and cash flows of an organization. This information is employed by the readers of financial statements to make judgments regarding the allocation of resources.

<h3>What are the three general objective financial statements?</h3>

The balance sheet, income statement, and cash flow information each offer unique pieces with information that is all connected. Together the three statements give a comprehensive portrait of the company's working activities.

To learn more about financial position, refer

brainly.com/question/28343240

#SPJ4

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A two-year bond with par value $1,000 making annual coupon payments of $99 is priced at $1,000.
iVinArrow [24]

Answer:

(a) 9.9%

(b)  10.09%

The further explanation is given below.

Explanation:

The given values are:

Coupon payment

=  $99

Price

=  $1,000

(a)

The Yield to maturity (YTM) will be:

= \frac{C+\frac{F-P}{n} }{\frac{F+P}{2} }

where,

C = Coupon payment

P = Price

n = years to maturity

F = Face value

On putting the estimated values is the above formula, we get

⇒  99+\frac{0}{1000}

⇒  .099

⇒  9.9%

(b)

Although the 1st year coupon was indeed reinvested outside an interest rate of r%, cumulative money raised will indeed be made at the end of 2nd year.  

= [99\times (1 + r)] + 1,099

Came to the realization compound YTM is therefore a function of r, as is shown throughout the table below:

Rate (r)             Total proceeds         Realized YTM ((\frac{proceeds}{1000} )^{.5} - 1)

7.9%                      1205.8                                   9.8%

9.9%                             1207.8                                   9.9%

11.9%                      1209.8                                  9.99%

Now,

Overall proceeds realized YTM:

= \frac{proceeds}{1000} -18 \ percent \ 1,\frac{2081208}{1000} - 1

= 0.0991

= 9.91 \ percent \ 10 \ percent \ 1,\frac{2101210}{1000}- 1

= 0.1000

= 10.00 \ percent \ 12 \ percent \ 1,\frac{2121212}{1000}-1

= 0.1009

= 10.09%

6 0
3 years ago
When you choose to buy a good or service you make your decision in​ ____________ while the people who produce the good or servic
fiasKO [112]

Answer:

your self-interest; their self interest

Explanation:

When you make a decision to buy a good, you make your choice in your self-interest. There could be different reasons to make such choices. This could be because the good could form part of your basic needs or because the prices are quite low.

When people make a decision to produce the good that you are buying, these people are making their decision in their own self-interest. This could also be to make money.

7 0
3 years ago
Lance has created three mock-ups for a product logo. he wants to send them to his company's executive team for feedback. the exe
MariettaO [177]

The most efficient way for Lance to distribute the logos<u> "through a site such as Dropbox".</u>


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Dropbox unites your documents, in one focal place. They're anything but difficult to discover and securely adjusted over the entirety of your gadgets—so you can get to them whenever, anyplace. No all the more squandering the day finding work.  

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5 0
3 years ago
   Jeb looked through a magazine and found an article called “A Look Back at the Civil War.” What would be the quickest way for
prohojiy [21]
The correct answer for this is C. Jeb should scan the article to check if the one he's looking for is in there. This way, you can efficiently use your time and lessen your hassle on reading everything what the article has to say. 
8 0
3 years ago
As the owner of a women's clothing store, Caroline Lipscomb has an income of $75,000. She pays $30,000 per year in taxes and ano
Goshia [24]

Answer:

28,000

Explanation:

3 0
3 years ago
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