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Brrunno [24]
2 years ago
14

A debit balance is the bank statement indicates?

Business
1 answer:
Lubov Fominskaja [6]2 years ago
7 0

Answer:

Bank Overdraf

Explanation:

Overdrafts are where the bank account becomes negative and the businesses in effect have borrowed from the bank.

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When Patey Pontoons issued 6% bonds on January 1, 2018, with a face amount of $600,000, the market yield for bonds of similar ri
miskamm [114]

Answer:

Follows are the solution to this question:

Explanation:

Some of the missing data is defined in the attached file, please find it.

Bond problem rates  

Diagram values are based on the following:

N = 4\times 2 \\\\

    = 8 \ Years \\

i = 10.00 \% \times  \frac{1}{2} \\\\

  = 5.00 \% \\

\left\begin{array}{ccc} Cash \ Flow&\ \ \ \ \ \ \ Table \ Value  \times  Amount& \ \ \ \ \ \ \ \ =  Present \ Value\\ Principal  &0.676839 \times  \$ 600,000&    =\$ 406,104 \\ Semi-annual \ interest& 6.463213  \times \$ 18,000 &   =\$ 116,337\end{array}\right \\

Bond issuance price                                                                    

Timetable for bond amortization:  

please find the attachment.

5 0
3 years ago
why should MTN scan the global business environment as well as the macro environments of angola and ethiopia prior to their deci
adelina 88 [10]

Answer:

Explanation:

MTN is a telecommunication company, that establish in various places. Angola and Ethiopia are two new countries MTN they are looking into for establishment and a scan is done for the global environment this is to enable them have an overview of the business environment, the environment have not been penetrated by a telecommunication company hence a scan is needed.

There may be need for more facilitators of telecommunications this can be identified during the scan

Hence, the scan is like a survey that helps point out the need of the environment and it also help them have a structure plan.

8 0
3 years ago
A truck acquired at a cost of $285,000 has an estimated residual value of $14,100, has an estimated useful life of 43,000 miles,
777dan777 [17]

Answer:

a. $270,900

b. $6.30

c. $24,570

Explanation:

(a) The depreciable cost = $270,900

(b) The depreciation rate = $6.30

(c) The units-of-activity depreciation for the year =- $24,570

8 0
3 years ago
You purchased a 30 year bond a year ago with a coupon interest rate and yield-to-maturity of 6%. Market interest rates today for
Misha Larkins [42]

Answer:A. To sell the bond for more than what you paid for the bond

Explanation:

The security market in which bonds are sold are affected by information in relation to specific bond either favorable or unfavorable information.

The price of the bond will appreciate in response to existing or anticaped positive information and will depreciate in response to negative or anticaped negative information..

The increase in market return in relation to the bond of similar nature in the above scenario shows an existing or anticipated positive development and for this the bond is expected to be sold than the purchased price.

8 0
3 years ago
How much would howard steele need to invest today so that he may withdraw $12,000 each year for the next 20 years, assuming a ra
mojhsa [17]
The present value of money, P, and the annuity can be related through the equation,
 
     P = A x ((1 - (1 + r)⁻ⁿ) / r)

where A is the periodic payment, r is the interest rate, and n is the number of years. Substituting the known values to the equation,

   P = (12,000) x ((1 - (1 + 0.08)⁻²⁰) / 0.08)

    P = $117,817.77

<em>ANSWER: $117,817.77</em>
6 0
3 years ago
Read 2 more answers
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