Answer:
Current yield=5.6%
Explanation:
<em>The current yield is the proportion of the current price of a bond earned as annual interest payment.</em>
<em>Current yield = annual interest payment/bond price</em>
<em>Annual interest payment = coupon rate × face value</em>
= 5.44% × $2000
= $108.8
Current yield
= annual interest payment/price
= $(108.8/1,930.36) × 100
= 5.6%
Note we used the annual interest payment nothwithstanding that interests are paid semi-annually
Her gross income for the year would be $28,595
Answer:
No, their economic cost of enrolling in the business program is not the same for both,
Explanation:
The explicit costs of going back to college are the same for Walter and Jesse, e.g. they might be $20,000 per year, or even $30,000 doesn't matter for this analysis. But Walter is currently working as a teacher and that means taht if he decides to go to college, his implicit costs will include the forgone salary as a teacher which is $50,000 per year. Implicit costs are opportunity costs, i.e. additional costs or benefits lost from choosing one activity or investment instead of another alternative.
Since Jesse is not working, whether she goes back to college or not will not affect her income, it will still be $0, but if Walter goes back to college he will lose his salary.
<u>Explanation:</u>
Classified balance sheet presents information about assets,liabilities and shareholder's equity of an entity.Order in which they are presented is as follows"
- Current assets-it includes cash and cash equivalents like prepaid expenses,inventories,assets held for sale.
- Long term investments-it includes investment made in other companies
- Property,plant and equipment-it includes all the fixed assets.
- Intangible assets-it includes assets which cannot be touched like goodwill.
- Current liabilities-it includes trade and other payables, accrued expenses,liabilities held for sale
- Long term liabilities-It includes long term loans,Deferred tax liabilities.
- Stockholder's equity-It includes share capital.additional paid up capital,retained earnings.
Answer:
$204
Explanation:
Monthly benefit = $6800
Monthly premium = monthly benefit * 3%
= 6800 * 3% = $204
Brian just graduated from school.
and under own occupation disability policy ranges between 1% to 3%.
since Brian is worried about his ability to pay back his student loan if he gets disabled we will assume that Brian has a higher risk to injury therefore he will most likely contribute more to his premium which ≈ $204
