the interest equals 47009 because the numbers added together
Answer:
11.62%
Explanation:
Note: see the attached excel file for how the realized rate of return is estimated.
Face value = $1,000
Years completed = 9
Coupon rate = 11%
Coupon amount ($) = 110
Call premium = 9%
Call price = 1,090
Realized rate of return = 11.62%
It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.
<h3>What is training?</h3>
Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.
When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.
Learn more about training on:
brainly.com/question/26270137
Answer and Explanation:
The journal entries are shown below:
1 Equipment $53,420
To Cash $53,420
(Being the equipment is purchased for cash is recorded)
The computation is given below:
= Cash price of machine + sales tax + shipping cost + insurance during shipping + installation and testing cost
= $49,500 + $3,650 + $100 + $60 + $110
= $53,420
2. Depreciation expense $9,614
To Accumulated Depreciation - Equipment $9,614
(Being the depreciation expense is recorded)
The computation is shown below:
= ($53,420 - $5,350) ÷ ( 5 years)
= $9,614
