To Calculate YTM,
YTM = {C + (F-P)/n}/(F+P)/2
where C = coupon rate,
F = face value
P = price
n = no.of years
Therefore, YTM = {90+(1000-874.6)/7}/(1000+874.6)/2
=> 11.72%
Answer:
The amount left for Julia to save after all expenses have deducted from her take-home(disposable income) is $317 as shown below.
Explanation:
The amount that Julia can save is the amount left of her disposable income when all expenses are taken care of.
The amount that could be saved is computed thus:
Take-home amount $2,200
Rent ($806)
Utilities ($136)
Car payment ($277)
Orthodontist payment ($196)
Groceries($66*4 weeks) ($264)
Other expenses <u> ($204)</u>
Savings <u> $317</u>
Answer: Decrease total assets and decrease stockholders’ equity.
Explanation:
Adjustment of uncollectable accounts at the year end will increase the bad debt expense which has to be taken from the net income this reducing it. This has the impact of reducing Shareholder Equity as Net Income is a component of that.
The Allowance for Uncollectebles Account also increases which has the effect of reducing the Accounts Receivables Account's carrying value thus reducing Assets as a whole.
Answer:
Demand curve for Sheila's plates and cups
Explanation:
we have to write the demand function for Shiela's
we solve for a solving for the line that cross two points:
Then we solve for b:
b = 22.5
Last we build the demand curve
