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Darya [45]
3 years ago
10

The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called a(n) ___________

___.
Business
1 answer:
mel-nik [20]3 years ago
8 0
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
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The Petit Chef Co. has 7 percent coupon bonds on the market with 9 years left to maturity. The bonds make annual payments and ha
PilotLPTM [1.2K]

Answer:

The YTM is 6.45%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Face value = F = $1,000

Coupon payment = $1,000 x 7% = $70

Selling price = P = $1,038.50

Number of payment = n = 9 years

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

Yield to maturity = [ $70 + ( $1,000 - $1,038.5 ) / 9 ] / [ (1,000 + $1,038.5 ) / 2 ]

Yield to maturity = [ $70 - $4.28 ] / $1,019.25  = $65.72 /$1,019.25 = 0.0645 = 6.45%

7 0
3 years ago
Government policies, access to resources, and social attitudes can either support or hinder a culture of entrepreneurship. Categ
babymother [125]

Answer:

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Explanation:

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6 0
2 years ago
Exit Assignm
katrin [286]

Answer:

Explanation:3123213213213213

7 0
2 years ago
John Gates made $25,000 last year and paid $2,500 in taxes. What percentage of his income did John pay in taxes?
Katen [24]

Answer:

10%

Explanation:

The Percentage of tax that John pays on his income last year shall be calculated using the below mentioned formula

Percentage of taxes=taxes paid by John/total income of John last year

In the given question

tax paid by John=$2,500

total income of John last year=$25,000

Percentage of taxes=2,500/25,000=10%

8 0
3 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Paladinen [302]

Answer:

Overhead at the end of the year was $3,570 under-applied

Explanation:

For computing the ended overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $521,220 ÷ 21,900 hours

= $23.8

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 21,750 hours × $23.8

= $517,650

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $521,220 - $517,650

= $3,570 under-applied

8 0
3 years ago
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