Answer:
Total $1,091.0030
Explanation:
The market value of the bond will be the sum of the present value of the cuopon payment and the maturity date:
present alue of cuopon payment will be calculate as present value of an ordinary annuity:
C 42.25 (1,000 face value x 8.45% /2 payment per year)
time 21 (10 years at 2 payment per year+ 1 payment)
rate 0.036 (here we use the YTM rate /2 because there are 2 payment per year)
PV $615.1803
<u>Then, for the present value at maturity, we calculate the present value of a lump sum</u>
Maturity 1,000.00
time 21.00
rate 0.036
PV 475.82
<u>Finally, we add them both together</u>
PV c $615.1803
PV m $475.8227
Total $1,091.0030
Answer:
1.89%
Explanation:
The book value of the merchandise is $178,000
Physical inventory reveals stock is worth $169,000
The shrinkage = $178,000 - $169,000
=$9000
As a percentage of sales, the shrinkage will be
=$9000/$476,000 x 100
=0.0189076 x 100
=1.89%
Answer:
D. None of the above are true.
Explanation:
As while recording depreciation, the total assets is decreased and the stockholder equity is also decreased as depreciation is a contra asset account
In the side of stockholder equity, the net income, the retained earning and the stockholder equity is decreased
whereas, the total asset is decreased as the amount of asset is reduced by deducting the accumulated depreciation amount
The journal entry is shown below for better understanding
Depreciation Expense A/c XXXXX
To Accumulated Depreciation XXXXX
(Being depreciation expense is recorded)
Answer:
True
Explanation:
Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources
The question is looking at the effect of price on an industry. This is what microeconomics study
Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.
