In a transverse wave that travels through a medium, the molecules of the medium vibrate

6. Assuming the partial billing was approved for payment and the expenditure and liability (contracts payable) was recorded for

jenyasd209 [6]

Answer:

Option A, Credit to Cash, $560,000

Explanation:

As per the data given in the question,

Expenditure and liability = $700,000

Retaining percentage = 20%

Assuming the partial billing was certified for expenses and payments and liability was approved for amount $70,000. Though, Oxford has a policy not to pay 100 percent, but to retain 20 percent as a retained percentage.

So, $700,000 - $700,000 × 20%

= $700,000 - $140,000

= $560,000

Therefore, The entry to record the approved payment and retained percentage would include:

Option A, Credit to Cash, $560,000

8 0

3 years ago

West Corp. issued 20-year bonds two years ago at a coupon rate of 8.3 percent. The bonds make semiannual payments. If these bond

lora16 [44]

Answer:

Yield to Maturity (YTM) is 7.94 %.

Explanation:

Yield to Maturity (YTM) refers to internal rate of return that bond holder will earn if he purchased the bond today at the current market price and held it till maturity of the bond.

Yield to Maturity of the the bond = [Coupon payment+ (Future value of bond - Present value of bond / no. of Periods)] / [(Future value of bond + Present value of bond)/2] ---- (a)

Bond maturity period = 20 years

Coupon rate = 8.3 %

Par Value = 1000

No. of periods = 2 x 20 = 40 (semi- annual)

Coupon payment = 8.3 % x 1000 = 83 = 83/2 = 41.5 (Semi-annual)

Present value of bond = 104 percent of Par value = 104

Future value of bond = 1000

YTM = ?

Putting the values in equation (a),

Semi annual YTM = [41.5 + (1000-1040 / 40)] / [(1000 + 1040)/2]

Semi annual YTM = [41.5 + (-40/40) ] / [(1040)/2]

Semi annual YTM= [41.5 - 1] / 1020

Semi annualv YTM = 40.5 / 1020 = 0.0397

Hence, Annual yield to maturity = 0.0397 x 2 = 0.0794 or 7.94 %.

6 0

4 years ago

Your division is considering two investment projects, each of which requires an up-front expenditure of $17 million. You estimat

denpristay [2]

Answer:

A

Explanation:

trust the brain bro.....

4 0

3 years ago

Merone Company allocates materials handling cost to the company's two products using the below data:

wariber [46]

Answer:

d. $86,400.00

Explanation:

The computation of the total materials handling cost allocated to the prefab barns is given below:

Total Materials Handling Cost is $228,300

Total is

= 6600 ×860 + 9600 × 360

= $5,676,000 + $3,456,000

= $9,132,000

Allocation Rate = Total Materials Handling Cost ÷ Total direct labor hours

= $228,300 ÷ $9,132,000

= $0.025

Now

Total Materials Handling Cost allocated to prefab barns is

= Allocation Rate× direct albor hours for Modular Homes

= $0.025 × $3,456,000

= $86,400

6 0

3 years ago

14. The average rate of return on investments in large stocks has outpaced that on investments in Treasury bills by about 8% sin

slava [35]

Answer: They are Riskless

Explanation:

People invest in Treasury bills because they are sure that they will get a return. U.S. Treasury bills are the safest securities in the world and as such investors are essentially guaranteed their money back plus little interest.

This is in contrast with stocks which can bring great returns at one point and result in massive losses in another. Since 1926 for instance, there have been events that led to massive losses in the stock market such as the Great Depression, Black Monday and the Great Recession.

Through all those, the Treasury bills still gave people returns.

8 0

3 years ago