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Ann [662]
3 years ago
14

Deductive reasoning usually takes place in

Business
1 answer:
postnew [5]3 years ago
5 0
I can’t understand 462
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Barnes Enterprises has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a price
Pachacha [2.7K]

Answer:

8.36%

Explanation:

To find out the coupon rate, first we have to determine the PMT which is shown in the attachment below:

Given that,  

Present value = $958

Future value = $1,000

Rate of interest = 8.9%

NPER = 14 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the yearly payment is $83.64

Now the coupon rate is

= $83.64 ÷ $1,000

= 8.36%

8 0
3 years ago
During January, the following selected transactions occurred.
tester [92]

Answer:

The journal entries are given as follows;

Explanation:

Jan 5

Cash               Dr.$20,520

Sales Tax Payable 20,520-(20,520/1.08) Cr.$1,520

Inventory                                                      Cr.$19,000

Unearned Service Revenue    Dr.$12,000

Service Revenue         Cr.$12,000

Employee payroll Expense      Dr.$452,000

Social Security payable                    Cr.$3,978

Federal Income Tax  payable           Cr.$5,686

State Income Tax payable                Cr.$1,706

payroll Expenses payable        (452,000-3,978-5,686-1,706) Cr.$440,630

5 0
3 years ago
What is a series of future receipts or payments discounted to their value now assuming compound interest called?
STatiana [176]
In order to help the student expand his/her knowledge I will help answer the question. This in hope that the student will get a piece of knowledge that will help him/her through his/her homework or future tests.

Present Value of Annuity is a series of future receipts or payments discounted to their value now assuming compound interest.

I hope it helps, Regards.       <span> </span>
8 0
3 years ago
Assessment of a potential supplier’s financial situation:
beks73 [17]

Answer and Explanation:

2.may yield substantial opportunities for negotiating favorable terms for both buying and selling organizations

4 0
3 years ago
Jacqueline, a brilliant new ph.d. in economics, has turned down many job offers because she hopes eventually to teach at one of
vfiekz [6]
I really going to see if I can help you hold on????
5 0
3 years ago
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