Answer: 0.51
Explanation:
Nominal rate = 1.85%
Inflation rate = 1.90%
Real rate of return = (1 + nominal rate / 1 +inflation rate) - 1
Real rate of return = ((1 + 0.0185) / (1 + 0.019)) - 1
= (1.0185 / 1.019) - 1
= 0.9995 - 1 = - 0.0005
Therefore, the real dollar return I. $1,020 equals
0.0005 × 1020 = 0.51
Answer:
8.69%
Explanation:
Face value (FV)=$ 1,000.00
Coupon rate=8.00%
Interest per period (PMT) =$30.00
Bond price (PV)=$ 952.00
Number of years to maturity 11
Number of compounding periods till maturity (N) 22
Bond Yield to maturity RATE(NPER,PMT,PV,FV)*2 = 8.69 %
Answer:
freight absorption pricing
Explanation:
Freight Absorption Pricing. a pricing method in which the manufacturer bears some or all of the freight costs involved in transporting the goods to the customer.
<u>Solution and Explanation:</u>
The Journal Entries in the books of Brock's water enterprise is as follows :-
Date Particulars and details Debit($) Credit($)
Jan 5, 2018 Intangible Assets - Lease 905861
Lease Payable 905861
(Being Record the Lease)
Jan 5, 2018 Lease Payable 125000
Cash 125000
(Being Record Down Payment)
Dec 31, 2018 Amortization Expenses ($905861divide 10) 90586
Accumulated Amortization 90586
(Being Record the amortization)
Jan 5, 2019 Lease Payable
62531
Interest Expenses
62469
Cash 125000
(Being Record the Second Lease Payment)
Answer:
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