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lisov135 [29]
3 years ago
5

When writing the title of an account, how is it formatted? why?

Business
1 answer:
GenaCL600 [577]3 years ago
3 0

When writing the title of an account, how is it formatted? B. the title is capitalized to indicate that it is a specific account name.  The title of the account is an important indication so that the person looking for the account can naviagate it easily. This account is formatted with capitalization so that there is no confusion on where to find information.

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Kasey Corp. has a bond outstanding with a coupon rate of 5.87 percent and semiannual payments. The bond has a yield to maturity
Viktor [21]

Answer:

Quoted price of bond = $1825.05

Explanation:

The quoted price or price of the bond can be calculated by taking adding the present value of the annuity payments in form of interest made by the bond and the present value of the face value of the bond. The formula for the price of bond is attached.

The interest is payed semi annually, thus the semi annual coupon payment (C)  is,

C = 2000 * 5.87% * 6/12 = 58.7

The semi annual YTM is = 6.9%/2  =  3.45%

Total semi annual periods are = 13 * 2 = 26

Bond Price = 58.7 * [(1 - (1+0.0345)^-26) / 0.0345]  +  2000 / (1+0.0345)^26

Bond Price = $1825.051207 rounded off to $1825.05

4 0
3 years ago
Total assets minus total liabilities is equal to the _____. a. net worth b. retained earnings c. accounting profits d. dividends
nikklg [1K]

Answer:

a. net worth

Explanation:

For this question, we applied the accounting equation which equals to

Total assets = Total liabilities + stockholder equity

Since the question said that

Total assets - total liabilities = ?

So, by use the above accounting equation

The Total assets - total liabilities = Net worth

Hence, the most appropriate option is a.

6 0
3 years ago
Flyaway Travel Company reported net income for 2021 in the amount of $100,000. During 2021, Flyaway declared and paid $3,125 in
Orlov [11]

Answer:

$1.49

Explanation:

Flyaway Travel Company

$100,000 – $3,125

=$96,875

= $50,000 + (20,000 x 9/12)

=$50,000+$15,000

=$65,000

Hence:

$96,875÷$65,000

=$1.49

Therefore 2021 basic earnings per share will be $1.49

8 0
3 years ago
Businesses collect
Neporo4naja [7]
Businesses collect demographic information on where people live, what they buy, and how they spend their time. Businesses collect demographic information on where people live, what they buy, and how they spend their time.
8 0
3 years ago
A client who believes that current economic events will make market conditions more stable over the upcoming 30 days could profi
Leviafan [203]

Answer: b. selling VIX calls

Explanation:

The client could make some money selling VIX calls. Call options give the holder the right to buy an underlying asset at a set price in future and they will do so if the market price of the underlying asset increases past the call price of the asset (exercise price).

If the client expects that market conditions will be stable then an increase in stock price is not expected. They can sell calls and make money from the premium they will charge for the calls knowing that they would not have to sell any stock to the holder as the value will not appreciate.

5 0
3 years ago
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