Answer:
The yield to call for this bond is 9.30%
Explanation:
Yield to call
The rate of return bondholders receives on a callable bond until the call date is called Yield to call.
Now use the following formula to calculate the Yield to call
Yield to Call = [ C + ( F - P ) / n ] / [ ( F + P ) / 2 ]
Where
F = Face value = $1,000 ( Assumed )
C = Coupon Payment = Face value x Coupon rate = $1,000 x 10.4% = $104
P = Call price of the bond = Face value + Call Premium = $1,000 + $75 = $1,075
n = Numbers of years to call = 10 years
Placing vlaues in the formula
Yield to Call = [ $104 + ( $1,000 - $1,075 ) / 10 years ] / [ ( $1,000 + $1,075 ) / 2 ]
Yield to Call = 0.0930
Yield to Call = 9.30%
The answer to the question is false
B is going to be your answer
Answer:
Debit : Allowance for doubtful debts = $2900
Credit : Accounts receivables = $2900
Explanation:
An account for allowance for doubtful debts is a contra account created, predicting that certain debtors will not be able to pay for the goods and services they purchased. This may be based on historical experiences. Doubtful debts aren’t officially uncollectible, it is simply an estimation made, but bad debts are, where you have officially written off a certain accounts receivable as uncollectible.
An allowance for doubtful debts is recorded in the balance sheet, directly under accounts receivables. Bad debts are recorded as an expense in the income statement. When there is an allowance for doubtful debts, the bad debts account is debited and the allowance for doubtful debts account is credited.
According to the question, the balance was $2,200 (Cr) in the allowance for doubtful debts account. The initial expected amount for allowance for doubtful debts was $5100 (Cr). This means that the difference was the amount that was declared as uncollectible and officially written off i.e. bad debts. Thus $2900 ($5100 -$2200) would have been confirmed as bad debts.
The entry to record the above transaction is:
Debit : Allowance for doubtful debts = $2900
Credit : Accounts receivables = $2900
Answer:
BMI = 31.18 kg/m²
According to BMI, this patient is diagnosed as Obese.
Explanation:
BMI known as body mass index is taken from a person height and weight. BMI is a person's weight in kilograms divided by the square of height in meters. BMI is usually expressed in kg/m².
Mathematically ,
BMI = weight(kg)/height(m²)
we have to convert the weight and the height to the required units.
converting pounds to kg
2.2 pounds = 1 kilogram
210 pounds = ?
cross multiply
210/2.2 = 95.50 kilograms
converting foot to inches and to meter.
1 foot = 12 inches
5 foot = ?
12 × 5 = 60 inches
60 inches + 9 inches = 69 inches
1 inches = 0.0254 meters
69 inches = ?
69 × 0.0254 = 1.7526 meters
using the formula
BMI = weight(kg)/height(m²)
BMI = 95.50/(1.75)²
BMI = 95.50/3.0625 kg/m²
BMI = 31.1836734694 kg/m²
BMI = 31.18 kg/m²
