1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anarel [89]
3 years ago
9

At the beginning of his current tax year, David invests $12,000 in original issue U.S. Treasury bonds with a $10,000 face value

that mature in exactly 10 years. David receives $700 in interest ($350 every six months) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 5 percent. (Round your intermediate calculations to the nearest whole dollar amount.) How much interest income will he report this year if he elects to amortize the bond premium?

Business
1 answer:
Ronch [10]3 years ago
3 0

Answer:

$599.

Explanation:

Please see attachment .

You might be interested in
Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products on the bas
Maurinko [17]

Answer:

$340,000

Explanation:

The computation of Product X’s sales value at the split-off point is shown below:

= Total sales value - Product Y sales value at the split-off point - Product Z sales value at the split-off point  

= $600,000 - $150,000 - $110,000

= $340,000

Basically for determining the Product X sales value at the split-off point, we deduct the Product Y sales value and the Product Z sales value at the split-off point from the total sales value

8 0
3 years ago
Swifty Corporation had the following selected transactions.
Anon25 [30]

Answer:

Missing word <em>"Indicate the effect each transaction has on the accounting equation, (Assets = Liabilities + Stockholders' Equity), using plus and minus signs."</em>

   Assets        =     Liabilities   +    Stockholders' Equity

1. Increase(+)         No Effect            Increase(+)

2. Decrease(-)       No Effect            Decrease(+)

3. Increase(+)        No Effect            Increase(+)

4. Decrease(-)       No Effect            Decrease(+)

3 0
3 years ago
A company reported total equity of $157,000 at the beginning of the year. The company reported $222,000 in revenues and $171000
Pani-rosa [81]
Wasssssupppp the answer will be B
4 0
4 years ago
For a stock to be in equilibrium, that is, for there to be no long-term pressure for its price to depart from its current level,
Alex_Xolod [135]

Answer:

c.the expected future returns must be equal to the required return.

Explanation:

When the stock is at equilibrium than the intrinsic value of the stock is equivalent to the market price of the stock that depicts that the expected returns which held in the future should be equivalent to the required return

Therefore the option c is correct

And, the other options that are mentioned in the question are incorrect

4 0
4 years ago
Which of the following individuals is defined as an "agent" under the Uniform Securities Act? I An individual who represents a b
Charra [1.4K]

Answer:

I think it would be the first one to be honest

3 0
3 years ago
Other questions:
  • A company has received an offer from a supplier to produce units that the company currently produces and sells. the unit price q
    15·2 answers
  • If a stock's dividend is expected to grow at a constant rate of 5% a year, which of the following statements is CORRECT? The sto
    7·1 answer
  • Select all that apply: If medically indicated after an exposure, the U.S. Public Health Service requires that your employer offe
    8·1 answer
  • What are your greatest professional strengths?
    5·1 answer
  • Daryl would like to open new checking and savings accounts. One of his primary concerns is avoiding bank fees. Which type of ban
    10·2 answers
  • When customers around the world are willing to buy the same kind of product, or slight variations thereof, managers are more lik
    14·1 answer
  • Keith McPherson earned $20,000 last year as a carpenter. He paid $6,000 for food, rent, medical expenses, and other "necessities
    7·1 answer
  • Which one of the following statements about forecasting is TRUE? Forecast is generally more accurate at the individual level tha
    5·1 answer
  • a contract clause which specifies the amount of damages to be paid in the event of a breach is called
    8·1 answer
  • Return on assets is computed as net income divided by total assets. true false question. true false
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!