Answer:
The answer is D.
Explanation:
Sinking funds require the issuer(borrower) to set aside assets at specified amounts to retire the bonds at maturity. Sinking fund helps the issuer to secure a bond with lower yield.
An agreed amount is deposited at an agreed period (e.g yearly) so as to pay of the par value or principal value at maturity.
Answer:
The correct answer is A
Explanation:
Registration provision of Securities Exchange Act of 1934 is the one which requires the companies to involve the primary requirements which comprise of the registration of any securities that is listed on the stock exchanges, audit and margin requirements, disclosures and proxy solicitations.
The motive of the requirements is to ensure or guard that an investor confidence and the environment of fairness.
Therefore, the names of owners of least 5% of any class of the non- exempt security is not required to disclose.
Answer:
Explanation:
1. Issued common stock to investors in exchange for cash received from inventors - Increase in assets (cash) and an increase in equity (Capital)
2. Paid monthly rent - The decrease in equity and decrease in assets (cash)
3. Received cash from customers when service was rendered - Increase in assets (cash) and an increase in equity
4. Billed customers for services performed - Increase in assets (Accounts Receivable) and an increase in equity
5. Paid dividend to stockholders - The decrease in equity and decrease in assets (cash)
6.Incurred advertising expense on account - Decrease in equity and an increase in liability (Accounts Payable)
7.Received cash from customers billed in - Increase in the asset (cash) and decrease in the asset (Accounts Receivable)
8.Purchased additional equipment for cash - Increase in the asset (Equipment) and decrease in an asset (cash)
9.Purchased equipment on account - Increase in the asset (equipment) and an increase in liabilities (Accounts payable)
Answer:
($16,000-$1,000)/6 years = $2,500 per year.
$16,000 - $2,500 = $13,500
Explanation:
Answer:
Rate of interest is 8.37%
Explanation:
Future Value =
3,500 = 2750
=
=
1.0837 = 1+r
r = 1.0837 - 1
r = 0.0837
r = 8.37%
Check:
3500 = 2750
3500 = 3500