Answer:
$4,713
Explanation:
The formula and computation of the present value are shown below:
= Future value ÷ (1 + rate)^number of years
= $38,000 ÷ (1 + 0.11)^20
= $4,713
This (1 + rate)^number of years is also known as the discount factor which helps to calculate the amount of the present value
We simply apply the above formula so that the accurate value can come
I believe the answer is: d. the man you met while walking your dog
Opportunistic association refers to an association that is formed that you met by small chance when you are doing your daily activities. Meeting that specific man when walking your dog could only occurs in small chance if you both somehow decided to pass the roads at the same time.
Answer:
she has formed a cognitive map of the area
Explanation:
A cognitive map is basically a mental map or representation of the physical surrounding area. If you have ever seen a lab rat trying to go through a maze, that is exactly what this is about. The ability to mentally represent of physical surroundings is very important, and not just to avoid traffic jams, but for our normal daily activities. We all know where the bathroom is, or the kitchen, and our rooms, etc., that is basically a cognitive map of our house.
Answer: C. Additional Paid-in Capital -Common $4.720,000.
Explanation:
Based on the information given in the question, the journal entry to record the stock dividend would go thus:
Debit: Retained earnings = 80000 × $60 = $4,800,000
Credit: Common stock = 80000 × $1 = $80000
Credit: Additional paid in capital- Common stock = 80,000 × $59 = $4,720,000
(To record share dividend)
Therefore, the journal entry to record the stock dividend would include a credit to Additional Paid-in Capital -Common $4.720,000
Answer:
Yield to Maturity = 3.97%
Explanation:
<em>The yield to maturity is the discount rate that equates the price of the bond to the present value of its future cash flow receivable from it.</em>
The yield on the bond can be determined as follows using the formula below:
YM = C + F-P/n) ÷ 1/2 (F+P)
YM-Yield to maturity-
C- annual coupon
F- Face Value
P- Current Price
DATA
Coupon = coupon rate × Nominal value = 1,000 × 3 1/4%= 32.5
Face Value = 1000
YM-?, C- 32.5, Face Value - 1,000, P-940
YM = (32.5+ (1000-940)/10) ÷ ( 1/2× (1000 + 940) )
YM = 0.0397
× 100 = 3.97%
Yield to Maturity = 3.97%
