To calculate the current yield of bonds.
We have the given par value of $1000, a market price of $750 and an interest rate of 6%.
Formula of current yield:
Yield = (interest rate * par value)/(market price) * 100%
= ((0.06 * $1000)/$750) * 100%
= ( $60/$750) * 100%
=0.08 * 100%
= 8%
<span>Speakers usually use a(n) rough draft outline or a preparation outline as a rough draft they revisit and revise continually throughout the preparation of their speeches.
The name of these outlines accurately describe their duty. They are the first stage in the process of developing and writing a clear and concise speech. These outlines help keep their topic on track and their speech organized. </span>
Answer:
The answer is
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
Explanation:
The yearly interest rate is 10%
So the interest rate for 90 days(assume 360 days make a year?
90/360 x 10%
2.5% is the interest rate for 90 days.
The interest payment for 90 days will be;
2.5% x $4,800
= $120
The entry will now be:
Dr: Notes Receivable $4,800
Dr: Interest Receivable $120
Cr: Sales $4,920
The type of communication that Danielle is carrying out is written communication. She is editing the written message to be sent to her manager.
<h3>What is Written Communication?</h3>
A 'Written Communication' refers to the process of sending messages, orders, or commands in writing thru letters, circulars, manuals, reports, telegrams, workplace memos, bulletins, and many more.
It is a proper approach to conversation and is much less flexible in nature.
Therefore, The type of communication that Danielle is carrying out is written communication. She is editing the written message to be sent to her manager.
learn more about written communication here:
brainly.com/question/7562621
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It should be b I hope that help
