Answer:
The answer is 9.85%
Explanation:
The number of periods N = 9years(10 years minus 1 year ago)
Yield to Maturity (I/Y) = ?
Present value of the bond (PV) = $950.70
Future value of the bond(FV) = $1,000
Annual payment (PMT) = $90 (9% x $1,000)
Using a financial calculator to solve the problem ( BA II plus Texas instruments):
Yield to Maturity (I/Y) = 9.85%
Answer:
b. employee job satisfaction
Explanation:
Based on the information provided within the question it can be said that the employee-friendly workplace culture is most likely to increase job satisfaction. This term refers to the level at which an individual is happy or content with the job that they are doing as well as what it represents to them. Therefore the information made available helps motivate the employees which increases their mood and contentedness with their job.
Answer:
$16,667
Explanation:
Given that
Cash flows = $1,000
Growth rate = 6%
Interest rate = 12%
So by considering the above information, the amount would be
Amount = Cash flows ÷ (Interest rate - growth rate)
= $1,000 ÷ (12% - 6%)
= $16,667
We simply applied the above formula so that the amount could come by considering the given information
Answer:
April 2
Inventory 4,600 debit
Account Payable 4,600 credit
April 3
freight-in 300 debit
cash 300 credit
April 4
account payable 600debit
Inventory 600credit
April 17
Account Payable 4,000debit (4,600 - 600)
Discount 80debit (4000 * 2%)
Cash 3,820credit
April 18
Inventory 8,500 debit
Account Payable 8,500 credit
April 21
Account Payable 1,100debit
Allowance Inventory 1,100
April 28
Account Payable 7400debit (8,500 - 1,100)
Discount 148debit (7400 * 2%)
Cash 7252credit
Answer and Explanation:
The computation of the advertising expense that should be record for the two month under following basis is
a. For cash basis
It should be recorded at $2,000
b. For accrual basis
= $2,000 ×2 ÷5
= $800
In this way, it should be determined
And, the same should be relevant
