Answer:
Explanation:
Before showing how short term debt should be presented before doing this we have to classify the items in each head
Like - In current liabilities, notes payable is recorded at $11,500
And, in the long term liabilities, the proceed after brokerage fees for $1,147,500 should be recorded.
The total amount would remain the same i.e $1,159,000
Kindly find the attachment below:
Answer:
the gross pay of Lloyd is $6,250
Explanation:
The computation of the gross pay is shown below:
= Amount received annually ÷ number of months
= $150,000 ÷ 24
= $6,250
Hence, the gross pay of Lloyd is $6,250
we simply applied the above formula so that the correct value could come
The other things would be irrelavant
Answer:
sorry I was just wondering if you want to be a good
Answer:
YTM = 4%
Explanation:
Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s)
IOU (IOU) 6 Apr 19, 2034 111.44 ? 1,851
<u />
<u>Determine the yield to maturity </u>
YTM = Rate * 2
years to maturity = 2034 - 2018 = 16 years
NPER = 2 * 16 = 32
PMT = ( face value * coupon rate ) / 2 = ( 2000 * 6% ) / 2 = 60
price of coupon ( PV ) = 2000 * 111.44% = 2228.8
Rate = 2% ( excel function : RATE(32,60,-2228.8,2000)
hence YTM = 2% * 2 = 4%
