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Ivanshal [37]
3 years ago
5

The current yield is defined as the annual interest on a bond divided by the: Multiple Choice coupon rate. face value. market pr

ice. call price. par value.
Business
1 answer:
kherson [118]3 years ago
6 0

Answer:

The current yield is defined as the annual interest on a bond divided by the: market price

<h3><u>Explanation:</u></h3>

When investors acquire bonds, they do so essentially to produce income. The demanded annual rate of return is summoned as the current yield, and it is a gathering of the prevailing price and the amount of interest the bond meets.

current yield is a crucial measure because it determines the rate of return on your expense for as longspun as you hold the bond. The current yield is equivalent to the annual interest gained divided by the current price of the bond.

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How much does the sky weigh?
Alona [7]

Answer: 11 billion billion pounds

Explanation:

4 0
3 years ago
Read 2 more answers
On November 1, Arvelo Corporation had $32,000 of raw materials on hand. During the month, the company purchased an additional $7
Maurinko [17]

Answer:

Option (c) is correct.

Explanation:

Given that,

Raw materials on hand = $32,000

Purchased an additional raw materials = $78,000

During November,

Raw materials were requisitioned = $95,000

Totaled  indirect materials = $3,000

The journal entry is as follows:

Work in process inventory (95,000 - 3,000) A/c      Dr. $92,000

Manufacturing overhead A/c                                      Dr. $3,000

To Raw material A/c                                                                        $95,000

The work in process is debited by $92,000 and raw material is credit by $95,000.

5 0
3 years ago
The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 56% in month following
DaniilM [7]

Answer:

D. $155,600

Explanation:

The calculations of the budgeted cash collections are shown below:

= June sales × sale month collection percentage + May sales × following month collection percentage  + April sales × second following month collection percentage

= $150,000 × 40% + $160,000 × 56%  + $150,000 × 4%

= $60,000 + $89,600 + $6,000

= $155,600

Simply we multiplied the sales with the collection criteria

5 0
3 years ago
Branch Corporation issued $5 million of commercial paper on March 1 on a nine-month note. Interest was discounted at issuance at
defon

Answer:

Journal Entry

March 1

Dr. Cash                                     $4,550,000

Dr. Discount on Note Payable $450,000  

Cr. Note payable                      $5,000,000

December 1

Dr. Interest Expense                 $450,000

Cr. Discount on Note Payable $450,000  

Dr. Note payable                      $5,000,000

Cr. Cash                                     $5,000,000

Explanation:

Note payable is document which is payable after a specific period of time.

Note Payable is recorded at the present value of the note face value. We need to discount the face value of the note first.

Interest on the bond = $5,000,000 x 12% x 9/12 = $450,000

On December 31  Interest expense will be recorded and Payment of Note is made.

8 0
3 years ago
Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week
Tatiana [17]

Answer: stress management and willingness to travel

Explanation:

Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.

Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.

5 0
3 years ago
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