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gayaneshka [121]
3 years ago
15

What is indigenous bookkeeping

Business
1 answer:
Mumz [18]3 years ago
6 0
<span>a casual operation where few records are kept of income, expenses, stock and other items. </span>
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Short Term Inc. has issued zero-coupon bonds that mature in one year. The returns from holding these bonds have a beta of 0.25.
Nataly [62]

Answer:

1. Current bonds price = $81.86.

2. Yield to maturity  = 22.16%.

3. 3.  Expected Return = 7.5%.

Explanation:

Required Rate = Rf + beta*MRP

          = 5% + 0.25*(15% - 5%)

       = 5% +0.25*10%

              = 5% + 2.5% = 7.5%

 Required Rate = 7.5%

  Expected Future Value = 70% x $100 + 30% x $60

       = (0.7*$100) + (0.3*$60)

       = $(70+18) = $88

    Expected Future Value = $88

1.  Current bonds price = 88/1.075 = $81.86

2.  Yield to maturity = 100/81.86 - 1 = 1.22159785-1 = 0.22159785 =   22.159785% = 22.16%

3.  Expected Return = 7.5%

6 0
3 years ago
Mariano Manufacturing can issue a 25-year, 8.8% annual payment bond at par. Its investment bankers also stated that the company
aivan3 [116]

Answer: 10.13%

Explanation:

The after-tax return on the preferred shares would be:

= After-tax return + Premium required

= (8.8% * (1 - 25%)) + 1%

= 7.6%

For the preferred stock to be issued at par with the above after tax return:

= After tax return / ( 1 - tax)

= 7.6% ( 1 - 25%)

= 10.13%

4 0
3 years ago
Kohler Inc. wants to replace a 10 year old machine with a new machine that is more efficient. The old machine cost $80,000 when
Reptile [31]

Answer:

no option is correct, the correct answer is $12,630

Explanation:

after tax salvage value of old machine = $12,000 - [($12,000 - $15,000) x 21%] = $12,000 - (-$3,000 x 21%) = $12,000 - -$630 = $12,630

the tax shield generated by this loss (market value is lower than book value) = $630

the cash received form the sale = $12,000

the combined effect = $12,000 + $630 = $12,630

8 0
3 years ago
If you own a small retail shop and you put ads in the local​ paper, put flyers on doors in every​ neighborhood, and buy billboar
statuscvo [17]

Answer:

The correct option is A

Explanation:

Mass marketing is the kind of market approach, in which the business or the firm decides to ignore or disregard the differences in the market segment  and reconsider the full market with the one approach or the strategy, that supports the broadcasting idea, so that it will reach to the huge number of people.

This kind of marketing is the one which is a point of convergence on the newspapers, radio and television as the media used to approach the audience. So, it is engaging or involving in the mass marketing.

4 0
3 years ago
In 2020, Wildhorse Corporation reported net income of $1,021,600. It declared and paid preferred stock dividends of $265,100. Du
ikadub [295]

Answer:

Wildhorse’s 2020 earnings per share is $3.79

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Average weighted of common outstanding shares)

where,  

Net income and the preference dividend is $1,021,600 and $265,100

And, the number of shares are 199,600 shares

Now put these values to the above formula  

So, the value would equal to

= ( $1,021,600 - $265,100) ÷ (199,600 shares)

= $3.79 per share

8 0
3 years ago
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