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3 years ago

The dollar interest received divided by the market price of the bond is called the:________.

Business

1 answer:

Vadim26 [7]3 years ago

8 0

Answer:

C. Current yield

Explanation:

Investors oftentimes invest in government bonds or private investing and are paid interest either on annual basis, semi annually or quarterly basis. A bond is a debt instrument which is given in form of loan by investors to borrowers and pays interest to them in return. Usually, when a bond is to be issued, an issuing entity will be responsible for that, while also determining the duration of the bond, the interest rate applicable and the face value. The aforementioned remains the same irrespective of the changes in bond market.

The current yield of a bond measures how profitable a bond is in comparison to other bonds. This means that for each year investment, investors are able to know which of the bonds that bring in the greatest return. The current yield of a bond is calculated by ; annual coupon payment divided by current market value of the bond.

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Following is partial information for the income statement of Audio Solutions Company under three different inventory costing met

Tamiku [17]

Answer:

The computation is shown below:-

Explanation:

1. FIFO LIFO Average cost

Cost of goods sold

Beginning inventory $11,200 $11,200 $11,200

(400 units × $28))

purchases $16,625 $16,625 $16,625

(475 units × 35)

Goods available for use $27,825 $27,825 $27,825

Ending inventory $18,025 $15,575 $16,695

(525 units)

Cost of goods sold $9,800 $12,250 $11,130

under ending inventory = 475 × $35 + 50 × $28

FIFO = $18,025

LIFO ending inventory 400 × $28 + 125 × $35

= $15,575

Average cost = $27,825 ÷ $875

= 31.8

Ending inventory = 525 × 31.8

= $16,695

2. FIFO LIFO Average

Sales

(307 × $50) $15,350 $15,350 $15,350

Cost of goods sold $9,800 $12,250 $11,130

Gross Profit $5,550 $3,100 $4,220

Expenses $1,680 $1,680 $1,680

Net income $3,870 $1,420 $2,540

3. FIFO = 3

LIFO = 2

Average = 1

5 0

3 years ago

Mary wants to create a brochure for her new canoe rental business. What type of application software should she use?

xeze [42]

C publishing software

7 0

3 years ago

Read 2 more answers

Predictable books are useful in the early childhood classroom because they

Feliz [49]

Help the child see that they themselves can answer what will happen if they come across a situation like so

7 0

3 years ago

You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the one-ye

svetoff [14.1K]

Answer:

2.58%

Explanation:

Mathematically, the relationship between the different interest rates using the equation is shown below:

(1+S2)^2=(1+S1)^1*(1+2y1y)

The spot rate in year 2 is the same as the spot rate in year 1 multiplied by the 1-year forward rate beginning in year 2.

S2=2-year rate =2.34%

S1=1-year rate =2.10%

2y1y=one-year interest rate 2 years from now=the unknown

(1+2.34%)^2=(1+2.10%)^1*(1+2y1y)

(1+2y1y)=(1+2.34%)^2/(1+2.10%)^1

2y1y)=(((1+2.34%)^2/(1+2.10%)^1)-1

2y1y=1.025805642-1

2y1y= 2.58%

The formula shows that borrowing or lending for 2 years at 2.34% is the same as borrowing or lending at 2.10% in year and 2.58% forward rate in year 2

8 0

3 years ago

Dana, Inc. recently completed 56,000 units of a product that was expected to consume 4 pounds of direct material per

AysviL [449]

Answer:

$34,000 Units

Step by Step Explanation:

Direct Material Quantity Variance

= SP x (AQ – SQ Allowed)

Therefore:

SQ allowed: $56,000 units x 4 lbs = $224,000 lbs.

Direct Material Quantity Variance: $8.50 x ($228,000 lbs – $224,000 lbs) = $34,000 Units

The direct material quality variance is $34,000 Units

4 0

3 years ago