<span>The economy was slowing, but prices were rising, signifying the potential for stagflation.
</span>Stagflation is term used in economics to denote economic situation characterized with high unemployment, rising prices, economic growth. This situation occurs when the overall price level rises rapidly. In our case, <span>"the price of eggs was up 40% and milk was up 26%., which means that the prices raised rapidly.</span>
The yield of maturity for this bond is "8.4 percent".
We can calculate this in the following way;
<span>Yield to maturity = YTM = {($1,000 x .06) + [($1,000 - 900)/5]}/[($900 + $1,000)/2]
=(60 + 20) / (950)
=80/950
=0.084
=0.084 x 100
= 8.4 percent</span>
Answer:
$87.816
Explanation:
First you have to calculate the Oustanding receivables, that you can calculre with the next formula:
Oustanding receivables= Accounts recivable- Allowance for doubtful accounts
Oustanding receivables= 1.492.000 - 28.400
Oustanding receivables= 1.463.600
Now that you have the result have to multiply by the 6% to calculate the bad debt.
Bad debt = 1.463.600* 6%= $87.816
its the bad debt of Thompson Corporation's
<h3>A forecast can play a major role in driving company success or failure. At the base level, an accurate forecast keeps prices low by optimizing a business operation - cash flow, production, staff, and financial management. ... Effective forecasting also has a positive impact on product success rates</h3>
Answer:
6%
Explanation:
Given the following :
Amount of bond issued = $10,000,000
Cash paid = $300,000
Term of bond = 10years
Semiannual interest pay
The stated annual rate of interest on the bond can be calculated thus :
Rate of interest ;
Cash paid / Amount of bond issued
$300,000 / $10,000,000
= 0.03
0.03 * 100%
= 3% (semiannual interest)
Therefore, annual rate of interest :
Semiannual rate * 2
3% * 2 = 6%
