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Pepsi [2]
3 years ago
13

In the business market, organizational customers purchase products from the fishing and agricultural industries to use in their

finished products. these are examples of ________.
Business
1 answer:
jenyasd209 [6]3 years ago
7 0
<span>In the business market, organizational customers purchase products from the fishing and agricultural industries to use in their finished products. These are examples of raw materials. 

A raw material is defined as a basic material that a product is made from. Anything that's from the wild is an example of a raw material. Raw materials are used in making a lot of products and most would be hard to produce without. 
</span>
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A $1,000 bond quoted at _____ would be purchased or sold at a discount.
Iteru [2.4K]
A $1000 bond quoted at 98 would be purchased or sold at a discount
6 0
2 years ago
Read 2 more answers
A $1,000 face value bond has a coupon rate of 7 percent, a market price of $989.40, and 10 years left to maturity. Interest is p
dlinn [17]

Answer:

4.95%    

Explanation:

For computing the yield to maturity when expressed in real terms, first we have to find out the yield to maturity by applying the RATE formula that is shown in the attachment

Given that,  

Present value = $989.40

Future value or Face value = $1,000  

PMT = 1,000 × 7% ÷ 2 = $35

NPER = 10 years × 2 = 20 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  the yield to maturity is 7.15%    

Now in real terms, it would be

= 7.15% - 2.2%

= 4.95%    

7 0
3 years ago
On November 1, 2018, Reid Corporation acquired bonds with a face value of $700,000 for $673,618.61. The bonds carry a stated rat
Evgen [1.6K]

Answer:

Nov 1 2018

Dr Bonds receivable 700,000

Cr Cash 67,3618.61

Cr Discount on bonds receivable 26,381.39

April 3 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

Dr Interest revenue 37,059.02

Oct 31, 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

Cr Interest revenue 37,059.02

Nov 1, 2019

Dr Cash 700,000

Dr Discount on bonds receivable 22,283.25

Cr Notes receivable 700,000

Cr Profit on sale bonds receivable 22,283.25

Explanation:

Preparation of the journal entries to record the following:

Purchase of the bonds

Interest receipts on April 30, 2019 and October 31, 2019

Sale of the bonds.

Journal entries

Nov 1 2018

Dr Bonds receivable 700,000

Cr Cash 67,3618.61

Cr Discount on bonds receivable 26,381.39

(700,000-67,3618.61)

(To record Purchase of bonds)

April 30 2019

Dr Cash 35,000

(700,000*10%*6/12)

Dr Discount on bonds receivable 2,049.02

(37,059.02-35,000)

Dr Interest revenue 37,059.02

(673,618.61*11%*6/12)

(To record Interest receipts)

Oct 31, 2019

Dr Cash 35,000

Dr Discount on bonds receivable 2,049.02

(37,059.02-35,000)

Cr Interest revenue 37,059.02

(673,618.61*11%*6/12)

(To record Interest receipts)

Nov 1, 2019

Dr Cash 700,000

Dr Discount on bonds receivable 22,283.25

($26,381.39-$2,049.02-$2,049.02)

Cr Notes receivable 700,000

Cr Profit on sale bonds receivable 22,283.25

(To record Sale of the bonds)

8 0
3 years ago
The current sections of Culver Corporation's balance sheets at December 31, 2021 and 2022, are presented here. Culver Corporatio
natta225 [31]

Answer:

Net Cash Provided by Operating Activities is $286,000

Explanation:

                             Culver Corporation's

                    Partial Statement of Cash flows

            For the year ended December 31, 2022

<em>Cash Flow from Operating Activities</em>

Net Income                                                               $229,500

<em></em>

<em>Adjustment to reconcile net income to</em>

<em>net cash provided by operating activities</em>

Depreciation Expenses                          $40,500

(Non-cash expense)

Decrease in Accounts Receivables       $13,500

(133,500 - 120,000)

Decrease in Inventory                             $6,000

(258,000 - 252,000)

Increase in Prepaid Expenses                -$7,500

(33,000 - 40,500)

Increase in Accrued Expenses Payable $15,000

(22,500 - 7,500)

Decrease in Accounts Payable              <u>-$10,500</u>     <u>$57,000</u>

(127,500 - 138,000)

Net Cash Provided by Operating Activities           <u>$286,000</u>

4 0
4 years ago
An example of a loan that tends to have a lower interest rate is a(n) __________ loan.
Setler79 [48]
The answer is : A. Home loan

Home loan only have about 4 -5 % interest rate. Compared to other options :

- Credit Card Loan : about 15 %  of interest rate
- Paycheck Loan : also about 15 % of interest rate
- Unsecured Loan : usually above 20 % interest rates


6 0
3 years ago
Read 2 more answers
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