Answer:
$15,576 should appear as Cash and Cash Equivalents on the balance sheet
Explanation:
Cash and Cash Equivalents
= Cash in a checking account + Cash in saving account + High-grade government securities
= $5,000 + $7,000 + $3,576
= $15,576
Therefore, $15,576 should appear as Cash and Cash Equivalents on the balance sheet
Answer:
8.63%
Explanation:
The expected rate of return on the bond can be determined using a financial calculator bearing in mind that the calculator would be set to its end date before making the following inputs:
N=17(number of annual coupons in 17 years)
PMT=100(annual coupon=face value*coupon rate=$1000*10%=$100)
PV=-1120(the current price is $1,120)
FV=1000(the face value of the bon is $1000)
CPT
I/Y=8.63%
EXCEL APPROACH:
=rate(nper,pmt,-pv,fv)
nper=N=17
=rate(17,100,-1120,1000)
rate=8.63%
E marketplace can take two different formats, which are Independent trading communities and private exchange.
Usually, the transaction in independent trading communities will be easily visible by others while private exchange tend to be more secretive
hope this helps
I’m going to go with b. Will be considered in the decision making process.
I looked up the definition of criterion and it means a principle or standard which maybe judged or decided. It’s not the ONLY thing that’s required.
