Answer:
Year Cashflow [email protected]% PV
$ $
1 4,000 0.9524 3,809.60
2 4,000 0.9070 3,628.00
3 4,000 0.8638 3,455,20
4 104,000 0.8227 85,560.80
Market price of the bond 96,454
The amount that GHI received at issuance is $96,454.
Explanation:
In this case, we need to calculate the current market value of the bond. The annual coupon is calculated as R = 4% x $100,000 =$4,000, which is 4% of the face value. We will discount the annual coupon and face value of the bond at 5% market interest rate. The cashflow for year 4 is the aggregate of coupon and face value of the bond. The current market value of the bond calculated above is the amount that GHI received at issuance of the bond.
I would fill that as: "The net profit or loss for a particular period of time is reported on the Income statement".
I hope it helped you!
Could be a product cost or a period cost depending on the use of the asset
<span>False. Net operating income is income after interest and taxes.
Net operating income, also know as, NOI is used to generate income mainly in real estate. To solve for net operating income you take the revenue from the property sold and subtract the operating expenses from the sale. </span>
Answer:
B. Debit to cash short and over $16
Explanation:
The total entry to replenish the cash would be:
office supplies. 73
cash short and over 16
Cash. 89
