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uranmaximum [27]

4 years ago

8

The Petit Chef Co. has 11.6 percent coupon bonds on the market with ten years left to maturity. The bonds make annual payments a

nd have a par value of $1,000.
If the bonds currently sell for $1,145.68, what is the YTM?

1 answer:

olchik [2.2K]4 years ago

6 0

Answer:

14.5

Explanation:

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Green Company purchases a truck for $30,000 on the first day of the year. Green Company uses straight-line depreciation and esti

SpyIntel [72]

Answer:

$5,000

Explanation:

The depreciation by Green Company in respect of truck for the first year of operations shall be calculated using the following mentioned formula;

Depreciation for the year= (Cost of asset-Residual value)/useful life

Cost of asset=$30,000

Residual value=$5,000

useful life=5

Depreciation for the year=($30,000-$5,000)/5=$5,000

6 0

3 years ago

What is a distribution channel?

Ilya [14]

Answer:

Medium of communication

Explanation:

Distribution is one of the four main elements of the marketing mix and its a process of making the predictor services available to the costumers and can be done directory by a producer or service provider that has indirect channels of the distributions

The decision about the distribution are taken by the companies vision and the mission and the goals of the organization that depends in the strategic planning.

5 0

4 years ago

You have $250,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 12.9 percent, and Stock L

prisoha [69]

Answer:

The investment in stock H will be $104837.5 while the investment in stock L will be $145162.5

Explanation:

The portfolio return is the weighted average return of the individual stocks that form up the portfolio. The weightage of each stock in the portfolio is the investment in a stock as a proportion of investment in the portfolio.

Let x be the weightage of Stock H.

Weightage of Stock L will be (1-x).

Portfolio return = wH * rH + wL * rL

Plugging in the values,

0.111 = x * 0.129 + (1-x) * 0.098

0.111 = 0.129x + 0.098 - 0.098x

0.111- 0.098 = 0.031x

0.013 / 0.031 = x

x = 0.41935 or 41.935% rounded off to 3 decimal places

(1-x) = 1 - 0.41935 = 0.58065 or 58.065%

Investment in Stock H = 250000 * 41.935% = $104837.5

Investment in Stock L = 250000 * 58.065% = $145162.5

6 0

4 years ago

What is characteristic of an organization in which salespeople do most or all of their own marketing?

Pavel [41]

Answer:

private

Explanation:

people are doing private marketing to earn money for themselves

5 0

3 years ago

On January 2, 20Y4, Whitworth Company acquired 40% of the

Gelneren [198K]

Answer:

Journal entries needed for:

a. Purchase of stock

b. Share of Aloof income

c. Dividend

d. Sale of Aloof company stock

a. Purchase of stock

Date Account Title Debit Credit

Jan 2, 20Y4 Investment in Aloof company $340,000

stock

Cash $340,000

b. Share of Aloof income

Date Account Title Debit Credit

Dec 31, 2024 Investment in Aloof company $72,000

stock

Income of Aloof Company $72,000

<u>Working:</u>

= 40% * 180,000 income

= $72,000

c. Dividend

Date Account Title Debit Credit

Dec 31, 2024 Cash $4,000

Investment in Aloof company $4,000

stock

<u>Working:</u>

= 40% * 10,000 dividend

= $4,000

d. Sale of stock

Date Account Title Debit Credit

Dec 31, 2024 Cash $405,000

Loss on sales of Aloof $3,000

company stock

Investment in Aloof company $408,000

stock

<u>Working:</u>

Value of stock = Purchase price + share of Aloof income - Share of dividend

= 340,000 + 72,000 - 4,000

= $408,000

6 0

3 years ago