Answer:
$165,670
Explanation:
Cost of goods sold = Sales revenue (1 - Gross profit)
= $669,900 × (1 - 0.30)
= $669,900 × 0.70
= $468,930
Estimated ending inventory destroyed in fire:
= Beginning inventory + Purchase - cost of goods sold
= $160,600 + $474,000 - $468,930
= $165,670
The current yield for a corporate bond = 9.19 %
Calculation :
Amount of annual interest = face value × rate of interest
= $1000 × 8.0
= 8000%
Then, Current yield = amount of annual interest / current price
= 8000% ÷ $870
= 9.19 %
Do corporate bonds pay interest?
Corporate bonds pay interest semi-annually, which suggests that, if the coupon is five percent, each $1000 bond can pay the bondholder a payment of $25 every six months--a total of $50 per year
What Is the Current Yield?
Current yield is an investment's annual income (interest or dividends) divided by the present price of the security. This measure examines the present price of a bond, instead of looking at its face value.
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The dividend
of a stock would always depend on the face value of the share. Therefore the
dividend is calculated by:
Dividend =
(Face Value) * (Interest rate)
Dividend = $50
per share * 0.08
<span>Dividend = $4 per
share (ANSWER)</span>
In describing what adaptive expectations means to a friend, you explain that in order to make their economic condition forecasts, agents consider only current information and ignore the past.
Economic conditions describe the state of the economy currently in a nation or region. These circumstances evolve over time as a result of the business and economic cycles that accompany an economy's expansion and decline. When an economy is expanding, the economic conditions are viewed as sound or good; when an economy is contracting, they are viewed as adverse or negative.
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