Answer:
The present of value of the bonds payable is $ 109,893.83
Explanation:
The present value of the bonds payable is the present of semiannual coupon payments as well as the repayment of face value in year 4.
coupon payments =$100,000*12%*6/12=$6,000
Face value receivable in year 4 is $100,000
Find attached spreadsheet detailing the computation of present value
Answer:
15.01%
Explanation:
The computation of the return on equity is shown below:
Return on equity = Net income ÷ Equity at the end of 2010 × 100
where,
Net income is $539
And, the equity at the end of 2010 is
= Common Stock + Retained Earnings
= $2,890 + $700
= $3,590
So, the return on equity is
= $539 ÷ $3,590 × 100
= 15.01%
We simply applied the above formula to determine the return on equity
Answer:
1. A business name is your business's legal name. It is the official name of the person or entity that owns a company. And, it's the name you use on your government forms and business paperwork.
2. Review common business structures
Sole proprietorship. A sole proprietorship is easy to form and gives you complete control of your business. ...
Partnership. Partnerships are the simplest structure for two or more people to own a business together. ...
Limited liability company (LLC) ...
Corporation. ...
Cooperative.
3. A product is a tangible item that is put on the market for acquisition, attention, or consumption, while a service is an intangible item, which arises from the output of one or more individuals.
