Answer:
Current yield = 0.05238 or 5.238% rounded off to 5.24%
option B is the correct answer
Explanation:
The current yield is the return on investment in form of interest or dividend expressed as a percentage of the current market value of the instrument. Thus the formula for current yield on a bond will be,
Current yield = Interest per year / Current market price
Assuming that the value of bond is 100. The interest or coupon payment on bond will be = 100 * 5.5% = $5.5 per annum
Current yield = 5.5 / 105 = 0.05238 or 5.238% rounded off to 5.24%
Answer: Please see below for answer
Explanation: To calculate dividends, we use the formulae
Dividend =(Number of shares issued -treasury stock held) x Dividend per share =
where number of shares issued = $18,000
treasury stock held = 6000 shares
Imputing the values in formulae becomes
($18,000 - $6000) x 0.80 = 12,000 x 0.80 = $9,600
Journal entry to record declaration of dividends of Capstone Inc.
Account Debit Credit
Dividend $9,600
Dividend payable $9,600
Capital, labor, and natural resources
A contingency table consists of a double entry table with rows and columns in which the categories are plotted in descending order of the magnitude of their frequencies.
<h3>What is a contingency table?</h3>
They are frequency tables in which data from two qualitative variables are recorded and the relationship between them is analysed.
In these tables, the rows represent the categories of one variable and the columns the categories of the other variable or characteristic under study.
The cell located at the intersection of a given row and column, collects the absolute frequency simultaneously presented by the modalities that occupy the corresponding row and column.
Therefore, we can conclude that a contingency table consists of a double entry table with rows and columns in which the categories are plotted in descending order of the magnitude of their frequencies.
Learn more about contingency tables here: brainly.com/question/5492865
Names, adresses, phone numbers, and places
