Answer:
The depreciation expense recorded in 2017 will be $930
Explanation:
Cost of the generator = $6,300
Initial useful life = 5 years
initial salvage value = $600
Revised useful life = 6 years
Revised salvage value = $300
Now,
Initial Annual depreciation = [ Cost - Initial salvage value ] ÷ Initial useful life
= [ $6,300 - $600 ] ÷ 5
= $1,140
Therefore,
accumulated depreciation till the end of 2016
= 2 × $1,140
= $2,280
Therefore,
Book value for the year 2017
= Cost - accumulated depreciation till the end of 2016
= $6,300 - $2,280
= $4,020
Therefore,
The revised annual depreciation
= [ Book value for 2017 - Revised salvage value ] ÷ Remaining useful life
= [ $4,020 - $300 ] ÷ (6 - 2)
= $930
Hence,
the depreciation expense recorded in 2017 will be $930
Answer:
Market price = $2,464.21
Explanation:
coupon rate = 5.86% / 2 = 2.93%
YTM = 4.3% / 2 = 2.15%
face value = $2,000
periods to maturity = 24 x 2 = 48
Present value of face value = $2,000 / (1 + 2.15%)⁴⁸ = $720.42
Present value of coupon payments = $58.60 x {[1 - 1/(1 + 0.0215)⁴⁸ ] / 0.0215} = $1,743.79
Market price = $2,464.21
Answer:
greater than both the current yield and the coupon rate.
Explanation:
A discount bond is a bond that at the point of issuance, it's less than its face or par value.
When a bond is trading for less than its face value in the market, it's known as a discount bond.
The yield to maturity on a discount bond is greater than both the current yield and the coupon rate. This simply means that the coupon rate is usually lower than the yield to maturity of the discount bond.
Additionally, the yield to maturity can be defined as the bond's total rate of return required by the secondary market while the coupon rate is defined as the annual interest of a bond divided by its face value.
For instance, when a bond is issued at a par or face value of $5,000, at maturity the investor would be paid $5,000. But because bonds are being sold before its maturity, it would trade below its face value.
Hence, a bond with the face value of $5,000 could trade for as low as $4,800, thus making it a discount bond.
Answer: D) the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods or services
Explanation:
The profit is the difference between the income and the expenses as:
Profit = Income - expense
Income is money that one earn profit in their business and expenses are the money which we spend. And your total income is your revenue. And if the number is in positive value then, it makes profit. Therefore, (D) is the correct option.
Answer:
<em>Sorry, I could not type the answer here directly because it doesn't allow me.</em>
It should be "spam" followed by "at"<em> (the symbol sign) </em>and "uce" plus "." and "gov"
There should be no spaces.
Explanation:
A "spam" refers to<em> an email that you do not want in your inbox</em>. They are mostly intended for commercial purposes–including some emails that are deceptive. There are actually many ways to reduce the amount of spam reaching your email. For example, you could use an <em>email filter </em>or choose a <em>unique email address. </em>
Kenny above wants to report the spam he is receiving, thus, he needs to forward it to the Federal Trade Commission <em>(FTC). </em>They are responsible for helping Kenny clear his inbox from spams.
