Answer:
2.76%
Explanation:
Discount yield = ((Par Value - Price) / Par Value) * (365 / d) * 100
Price =Par value - {(Discount yield × Par Value × d)/ (365 × 100) }
price =1,000,000 - { (2.62 × 1,000,000 × 157)/36,500} = $988,730
Bond Equivalent Yield = ((Par Value - Price) / Price) * (365 / d) * 100
d is days of maturity
BEY =( (1,000,000 - 988,730)/988,730) × (365/157) × 100 = 2.76%
Answer:
positive examples
Explanation:
A positive example refers to an example about how is something good or what good something does. In this case, Rep. Schneider gave a list successful projects that were financed with the money collected by the National Endowment for the Arts (NEA). Since this examples show the benefits provided by NEA funding, they are positive examples showing that NEA does something good.
It can affect in many ways like the way you work and how professional they act. Have a wonderful day you are amazing and loved
Answer:
The computations are shown below:
Explanation:
(a) Depletion cost per unit
Depletion cost per unit
= $717,963 ÷ 806,700 tons
= $0.89 per ton
(b) The Journal entry to record depletion expense is
Depletion Expense A/c Dr $ 92,293
(103,700 tons × $0.89)
To To Accumulated Depletion A/c $ 92,293
(Being the depletion expense is recorded)
(c) The cost applicable is
= 16,700 unsold units × $0.89
= $14,863