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Alexxandr [17]
3 years ago
5

Bourdon Software has 11.2 percent coupon bonds on the market with 20 years to maturity. The bonds make semiannual payments and c

urrently sell for 108.4 percent of par.
What is the current yield on the bonds?

What is the YTM?

What is the effective annual yield?
Business
1 answer:
sasho [114]3 years ago
5 0

Answer:

119.6

Explanation:

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Forward Co. discarded a machine that cost $5,000 and was fully depreciated. The entry to record this transaction would include a
madreJ [45]

Based on the fact that Forward Co. discarded a machine with cost $5,000, the entry to record this transaction in the books would include a credit to Machinery.

<h3>How do you dispose of fixed assets?</h3>

When fixed assets are to be disposed of, the accumulated depreciation upt to that point is looked at to calculate the net book value.

This would then show the company if they made a profit or a loss when they sold the fixed asset with a profit being made when the selling price is higher than the net book value.

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2 years ago
Under which condition does a country with a small GDP have a large per capita income?
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3 years ago
ren Pork Company uses the value basis of allocating joint costs in its production of pork products. Relevant information for the
Alex

Answer:

Allocated costs Loin Chop= $5,590

Explanation:

Giving the following information:

Product - Pounds - Price/lb.

Loin chops 3,000lb $ 5.00/lb

Ground 10,000lb $2.00/lb

Ribs 4,000lb $4.75/lb

Bacon 6,000lb $3.50/lb

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First, we need to calculate the weighted average lb participation of Loin Chops:

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