The correct answer is choice A.
A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.
Answer:
The United States decided to remain neutral during the Great War, which began in 1914 after the assassination of Archduke Franz Ferdinand of Austria-Hungary. This because they considered that it was a European conflict, which did not influence the commercial or political interests of America.
Now, after a series of diplomatic altercations with Germany, such as the Zimmermann Telegram and the sinking of the Lusitania, on April 6, 1917, America entered the war. Thus, 2 million American soldiers joined the allied forces, mainly British, French and Russian, who were fighting in the Old Continent. This new number of soldiers, without participation in previous combats, tipped the balance for the allied side, given that the forces of the Central Powers were already exhausted and without resupply capacity.
Answer:
$663.5
Explanation:
given that
number of years remaining = 4 years
yield to maturity ratio = 10.8% = 1.108
Par value = $1000
Current yield takes a look at the current price of a bond, instead of looking at it from a face value. That being said, it can be calculated mathematically as
Current yield = 1000 / 1.108^4
Current yield = 1000 / 1.507
Current yield = $663.5
Therefore, the current yield from the question we are given, is found to be $663.5.
I hope that helps
If a company reports sales returns and allowances of $86,000 and net sales of $700,000. it also reports cost of goods sold of $370,000. The company’s sales and gross profit will be:
a) Calculation for the company sales:
Using this formula
Sales=Sales return+ Net sales
Let plug in the formula
Sales=$86,000+$700,000
Sales=$786,000
b) Calculation for the company gross profit:
Using this formula
Gross profit=Net sales-Cost of goods sold
Let plug in the formula
Gross profit=$700,000-$370,000
Gross profit=$330,000
Inconclusion if a company reports sales returns and allowances of $86,000 and net sales of $700,000. it also reports cost of goods sold of $370,000. The company’s sales and gross profit will be:
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