Answer:
The current yield is 5.2% and capital gain is 2.63%.
Explanation:
The par value of bond = $10000
Current price = $9500
Annual coupan payment = 5%
Annual coupan payment = 10000 × 5% = $500
Now calculate the current yield.
The current yield = annual coupon payment / current price
The current yield = 500 / 9500 = 0.052 or 5.2%
Now calculate the capital gain. In the question, it says that it starts at $9500 so its original price is 9500.
Capital gain yield = (9750 – 9500) / 9500 = 0.0263 or 2.63%
Answer:
Informative
Explanation:
It would use <u>informative</u> advertising
The Solution is attached in form of an excel sheet.
Things that might help:
Year 4 = $ 360000 - 84000 = $ 276000
Dividend per preferred share = Total Preferred dividend for that year / total preferred no of shares.
Answer:
1. Accounts Payable BALANCE SHEET under liabilities
2. Depreciation Expense-Equipment INCOME STATEMENT under expenses
3. Gary VD, Capital BALANCE SHEET under owner's equity and/or STATEMENT OF OWNER'S EQUITY depending on the total number of owners of the company
4. Office Equipment BALANCE SHEET under assets
5. Rent Revenue INCOME STATEMENT under revenue
6. Supplies Expense INCOME STATEMENT under expenses
7. Unearned Revenue BALANCE SHEET under liabilities
8. Wages Payable BALANCE SHEET under liabilities
