Answer:
$36 billion
Explanation:
The computation is shown below:
For this question, we use the income approach for calculation the wages i.e shown below:
GDP = Interest payments + profits + rent + wages
$65 billion = $15 billion + $7 billion + $7 billion + wages
$65 million = $29 billion + wages
So, the wages would be
= $65 billion - $29 billion
= $36 billion
Answer:
answer 1. 9.24%
answer 2. 13.24%
Answer 3. 22.48%
Answer 4. $1,134.20
Explanation:
answer 1
Coupon amount = Face value * coupon rate
=1000*9%
=$90
current price of bond=$974
Current yield = Coupon amount/current price of bond
=90/974
=0.09240246407 or 9.24%
answer 2.
sale price after one year = 1103
purchase price or opening price = 974
Capital gains yield = (Sale price - Purchase price)/Purchase price
=(1103-974)/974
=0.1324435318 or 13.24%
Answer 3
One year coupon received = $90
Expected return of bond = Current yield + Capital gains yield
=0.09240246407+0.1324435318
=0.2248459959 or 22.48%
Another formula:
Expected return on bond = (Coupon received + sale price - purchase price)/Purchase price
(90+1103-974)/974
=0.2248459959
or 22.48%
Answer 4
Calculator inputs
I/Y (discount rate)= 8%
N (number of periods ) = 10
PMT (coupon amount) = 1000*10% =100
FV (face value) = 1000
press CPT and then -PV
Answer will be $1,134.20
Answer:
Dr Unrealized Holding $32,760
Cr Estimated Liabilities $32,760
Explanation:
Preparation of What entry would you make on December 31, 2020, to recognize these facts
Based on the information given the Joi entry you would make on December 31, 2020, to recognize these facts will be :
December 31, 2020
Dr Unrealized Holding $32,760
Cr Estimated Liabilities $32,760
($367,600-$334,840)
Answer:
A. produce because revenue of $1 comma 000 is greater than variable costs
Explanation:
