Answer:
7.44 %
Explanation:
The Yield to Maturity (YTM) is the Interest rate that makes the Present Value of Coupons and Principle equal the Market Price or Current Price of the Bond.
The Yield to Maturity can be calculated using a financial calculator as follows :
PV = - $100
N = (15 -2) × 2 = 26
PMT = ($100 × 7.30%) ÷ 2 = $3.65
FV = $103
P/YR = 2
YTM = ?
Therefore, Inputting the values in the calculator as shown gives the Yield to Maturity is 7.44 %.
Answer:
revenue cycle
Explanation:
Dolores Yu provides a payroll processing business. According to question, service has been rendered and now its time to collect bills for those service.
Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.
Answer:
The value of the time premium between the August and October options is $0.50
Explanation:
A time premium or time value is the amount by which the price of a stock option exceeds its intrinsic value.
To calculate the time premium between August and October we will Subtract October extrinsic value - August extrinsic value
Time premium = 6.25 - 5.75 = $0.50
Answer:
$125,000
Explanation:
Opening values of;
Total assets = $120,000
Total liabilities = $40,000
Total equity = $120,000 - $40,000 = $80,000
During the year,
Total revenues = $140,000
Total expenses = $50,000
Withdrawal by owner = $45,000
The amount withdrawn by the owner reduces the owners equity. This may be deducted from the net income.
Net income from the year = $140,000 - $50,000 - $45,000
= $45,000
This will be added to the opening owner's equity to get the closing owner's equity.
Owner's equity at the end of the year = $80,000 + $45,000
= $125,000
Answer:
Justin's company should prepare to demonstrate that it is ISO 14001 compliant.
This means that it is following the environmental management standards for environmental footprint and waste reduction, while promoting environmental sustainability in its operations.
Explanation:
ISO 14001 is one of the environmental management standards, prescribed by the International Organization for Standardization (ISO), "to help reduce environmental impacts, reduce waste, and make the environment more sustainable," according to the ISO website. ISO 14001 specifies requirements for an effective environmental management system (EMS) by providing a follow-able framework.