The best way to describe expenses is as the cost of delivering goods and services.
<h3>What exactly is a cost?</h3>
An expense is a business's operational cost incurred to produce income. It takes money to make money, as the adage goes. Supplier payments, staff salaries, manufacturing leases, and equipment depreciation are examples of frequent costs.
<h3>What are some examples of expenses?</h3>
- Cost of goods supplied for routine business operations is one example of a common expense.
- Pay, commissions, and various forms of labor.
- alterations and upkeep.
- Rent.
- utilities (such as heat, air conditioning, lighting, water, and a phone)
- rates for insurance.
- Interest that is owed.
- Bank fees and charges
<h3>Which 5 categories of expenses are there?</h3>
The various expenses include
- Cost of Goods Sold.
- Operating Charges
- Financial Outlays.
- Astonishing Charges.
- Non-operational Costs.
- Other Expenses.
- Prepaid Charges.
- Accrued Costs.
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Answer: A. The face value is $500, the coupon is $50, and the coupon will mature in 3 years
Explanation: From the above question, one is able to note that the interest rate (r) is 8%, time (t) is 3 years to maturity and the face value of the bond is $500 while the coupon is $50.
The above is a formula for coupon-bearing bond and it shows that the price of a bond is the present value of its promised cash flows.
Answer:
Modified = 3.34
Macaulay = 3.55
Explanation:
Given :
Coupon rate = 9.2%
Value to maturity or face value = $1000
Yield to maturity = 6.2%
Years to maturity = 4 years
The bond duration in years cab be obtained using a financial calculator or excel ;
Inputting the values above into a financial calculator :
The modified duration is : 3.340
Tbe Macauley duration : 3.547
Answer:
There are six different types of soup in today's modern kitchen. These types fall into two different categories: clear soup and thick soup. Clear soups include consommé, bouillon and broth.
Explanation:
Answer:
16.67%
Explanation:
Calculation to determine what percentage of your salary must you save each year
First step is to calculate the Annual savings
Annual savings=$5 million*[(10%-3%)/(1+0.1)^40-(1+0.03)^40]
Annual savings=$5 million*0.07/(1.1^40-1.03^40)
Annual savings=$8333.88
Now let determine the percentage of the salary you must save each year
Proportion of savings=$8333.88/$50,000
Proportion of savings=0.1667*100
Proportion of savings=16.67%
Therefore the percentage of your salary that you must save each year is 16.67%
