Answer:
Dr cash $407,000
Cr bonds payable $407,000
July 1
Dr interest expense $ 18,315.00
Cr cash $ 18,315.00
December 31
Dr interest expense $ 18,315.00
Cr interest payable $ 18,315.00
Explanation:
The bond was issued at face value of $407,000 which means that cash of $407,000 was received which is to be debited to cash account and bonds payable account credited for the same amount.
On July1 ,interest coupon of $ 18,315.00 ($407,000*8%*6/12) was paid which means that interest expense is debited with $ 18,315.00 while cash is credited.
On 31 December ,interest coupon of $ 18,315.00 ($407,000*8%*6/12) was due which means that interest expense is debited with $ 18,315.00 while interest payable is credited.
I think its Mac Miller's song about Donald Trump.
Answer:
D) intangibility
Explanation:
Intangibility is a term that means it is not seen or even not touched. It only feels. Like in the case of intellectual properties like goodwill, copyrights, patents, etc we cant see them we only work on it.
So here in the given situation, the symbols like umbrella of traveler financial services would be designed for helping the customers so that it would be overcome the services intangibility
Therefore the correct option is D.
Answer:
holding period yield is 9.25%
Dividend yield is 0.25%
Capital gains yield is 9.00%
Explanation:
Holding period yield is the total return that accrues to an investment over a period which the investment is owned.
Holding period yield=(Current price-Initial price+dividend)/initial price
current price is $109
initial price is $100
dividend is $0.25
holding period yield =($109-$100+$0.25)/$100
=9.25%
Dividend yield =dividend/initial price
=$0.25/$100
=0.25%
Capital gains yield=(Current price-initial price)/initial price
=($109-$100)?$100
=9.00%
Invariably holding period yield is the dividend yield plus capital gains yield.
