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Vladimir79 [104]
3 years ago
14

A bond has a current yield of 9% and a yield to maturity of 10%. Is the bond selling above or below par value?

Business
1 answer:
CaHeK987 [17]3 years ago
7 0

Answer:

The current yield = 9%

The yield to maturity = 10%

The price of the bond will be below the par value and called as discount bonds. This is because the bond and yield to maturity holds the inverse relationship. Therefore, the bond will be issued at discount, below the par value because yield to maturity is greater than current yield.

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Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate produc
sladkih [1.3K]

Answer: True

Explanation:

Six Sigma projects have eight essential phases which are to; 1. recognize

2. define

3. measure

4. analyze

5. improve

6. control

7. standardize and

8. integrate.

It is a method whose primary objective is improving profit making by improving quality and efficiency standards. Project teams utilising this method want to reduce variability in processes by actively seeking out potential sources of waste especially in overtime and warranty claims.

They also investigate production backlogs or areas in need of more capacity and focus on customer and environmental issues.

7 0
3 years ago
Depreciation on the company’s wind turbine equipment for the year is $6,200. The Prepaid Insurance account for the solar panels
GrogVix [38]

Answer & Explanation:

depreciation expense                  6,200  debit

  accumulated depreciation wind turbine   6,200 credit

to record depreciation expense

insurance expense       2,000 debit

        prepaid insurance                      2,000 credit

to record expired insurance

unearned revenue 2,200 debit

                service revenue    2,200 credit

to record service paid in advance

wages expense 2,400 debit

   wages payable     2,400 credit

to record accrued wages for the period

interest receivable 520 debit

    interest revenue          520 credit

to record interest earned for the period.

8 0
3 years ago
Which should Jill do to increase her credit score?
marshall27 [118]

Answer:

Pay off her credit card debt.

Explanation:

A credit score is indicative of one's history of loan repayments.  A high credit score communicates that the borrower has been timely in paying their loans.  It tells that an individual has been responsible when using credit facilities.

A low credit score says that the customer is often late in repaying their loans. If Jill wants to improve his credit score, he should clear all his outstanding debts.

6 0
2 years ago
Read 2 more answers
Suppose Jones Company manufactures chairs. One model is the executive chair that sells for $120. Jones Company projects sales of
Anestetic [448]

Answer:

$32,000

Explanation:

Cost of goods sold refers to all direct expenses incurred in producing goods and excludes all selling and indirect costs.

Cost of goods sold = Sales value - Gross Profit

Gross profit = Sales value - Direct costs - overhead costs

Gross profit per unit = $120 - ($50 + $ 20 + $10)

Gross profit per unit = $40 per unit

Gross profit in value = $40 per unit × No of units = $40 × 400 units = $16,000

Budgeted sales value = Selling price per unit × Budgeted sales units

                                     = $120 × 400 chairs = $48000

Thus, budgeted cost of goods sold = Budgeted sales value - Gross Profit in value

= $48000 - $16000 = $32000

<u>Note</u>: While computing gross profit, selling and administrative expenses would be excluded since those are used while computing net income. Also, cost of goods sold excludes selling and administrative i.e . indirect costs.

5 0
3 years ago
''what type of goods includes raw materials used to produce other products?''
Ulleksa [173]
Industrial goods are type of goods that includes raw materials used to produce other products. They are physical items used by companies to produce other products. Derived demand is the consumer demand for consumer goods. On this  derived demand is based the d<span>emand for </span>industrial goods.

5 0
2 years ago
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