Answer: Financial Notes and Supplementary Schedules
Explanation:
The Financial Notes and Supplementary Schedules is also known as footnotes.
The notes discloses-
a. Assumptions used in the preparation of the financial statements.
b. Discloses accounting policies used in the preparation of the financial statements.
c. Financial instruments been used by the business.
d. Legal matters.
I hope this answers your questions.
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Answer:
6.34
%
Explanation:
For computing the coupon rate, first we have to determine the PMT by using the PMT formula that is shown on the attachment
Given that,
Present value = $939.02
Future value = $1,000
Rate of interest = 7.15% ÷ 2 = 3.58%
NPER = 11 years × 2 = 22 years
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the PMT is $31.70
It is semi annually
Now the annual PMT is
= $31.70 × 2
= $63.40
So, the coupon rate equals to
= $63.40 ÷ $1,000
= 6.34
%
Answer:
$50
Explanation:
Net income will be the difference between the selling price and the Cost price.
Cost price is $1000
net profit margin is 5%, selling price will be
=$1000 + profit margin
= $1000 + (5/100 x 1000)
=$1000 + $50
=$1050
Net income = $1050 -$50
=$50
The answer is B: False The Federal's Reserve goal is t<span>o provide the nation with a safer, more flexible, and more stable monetary and financial </span>system<span>.</span>