Answer:
Explanation:
Face value = 1000
market price = 1000
annual yield = 106
yield to maturity = (106/1000) x 100
= 10.6 % .
Answer:
Stop assuming then....hehe haha don't know ur previous ques and too lazy to open it and even too lazy to read it full sorry
Answer:
The number of days' sales in receivables for Year 2 is 48.7
Explanation:
The formula that is applicable to this scenario is the accounts receivable divided by sales multiplied by 365 days
The number of days' sales in receivables=$11,000/$82,500*365=48.67
The correct option is D, since the 48.67 was simply rounded down to one decimal place.
Answer:
partnership; least
Explanation:
In partnership, two or more people join together to form a firm called partnership firms for the motive of earning profits. The partners have unlimited liability which means they are responsible for meeting debt from their personal assets in case partnership defaults.
This feature of partnership offers assurance to the creditors that their investment is safe.
So, if partnership fails, the least an investor can expect to lose on his investment.
Answer:
69.77 days
Explanation:
days' sales in inventory = number of days in a period/ inventory turnover
inventory turnover = Cost of goods sold / average inventory
Inventory turnover = $11,221 / $2,145 = 5.231235
days' sales in inventory = = 365 / 5.231235 million = 69.77 days