When entrepreneurs love what they do, this trait is evident.

Which of the following statement is false?

lara31 [8.8K]

Answer:

C) Coupon bonds always trade for a discount.

Explanation:

"A coupon bond, also referred to as a bearer bond or bond coupon, is a debt obligation with coupons attached that represent semiannual interest payments. With coupon bonds, there are no records of the purchaser kept by the issuer; the purchaser's name is also not printed on any kind of certificate. Bondholders receive these coupons during the period between the issuance of the bond and the maturity of the bond." Trade them for a discount is not a common characteristic of coupon bonds.

Reference: Chen, James. “Coupon Bond.” Investopedia, Investopedia, 18 Sept. 2019

5 0

3 years ago

Read 2 more answers

You purchased 2,200 shares of the New Fund at a price of $25 per share at the beginning of the year. You paid a front-end load o

Sati [7]

Answer:

rate of return 9.22%

Explanation:

15% return on fund value - 2.4% fund expenses = 12.6% net fund gain

then, the shares were purchased with a loan which required to paiy 3% of interest up-front

therefore, we didn't invest 100% of the loan but 97%

0.97 x .126 = 0,12222

now, we subtract the 3% paid of interest:

.1222-0.03 = .0922 = 9.22%

7 0

3 years ago

Abbe Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and

zepelin [54]

Answer:

Activity Rates are:

1 = $14.55 per activity

2 = $8.69 per activity

3 = $57.47 per activity

Cost per product

A = $32.2525

B= $34.7333

Explanation:

As for the provided information,

There are three activities.

Activity 1 = $17,460 and total = 1,200

Rate of activity = $17,460/1,200 = $14.55 per activity

Activity 2 = $19,987 and total activity = 2,300

Rate of activity = $19,987/2,300 = $8.69 per activity

Activity 3 = $29,884 and total activity = 520

Rate of activity = $29,884/520 = $57.47 per activity.

Costs of each product

Product A = ($14.55 $\times$ 600) + ($8.69 $\times$ 1,700) + ($57.47 $\times$ 40)

= $8,730 + $14,773 + $2,298

= $25,801

Cost per unit = $25,802/800 = $32.2525

Product B = ($14.55 $\times$ 600) + ($8.69 $\times$ 600) + ($57.47 $\times$ 120)

= $8,730 + $5,214 + $6,896

= $20,840

Cost per unit = $20,840/600 = $34.73

7 0

3 years ago

In 2018, Usher Sports Shop had cash flows from investing activities of $440,000 and cash flows from financing activities of −$45

Kipish [7]

Answer:

$15,000

Explanation:

Calculation for Usher Sports Shop’s cash flow from operations for 2018

Cash flows from investing activities $440,000

Less Cash flows from financing activities ($450,000)

Less Net change in cash and marketable securities ($25,000)

($625,000-$600,000)

Cash flow from operations for 2018 $15,000

Therefore Usher Sports Shop’s cash flow from operations for 2018 will be $15,000

3 0

3 years ago

Sheffield Corp. is constructing a building. Construction began on January 1 and was completed on December 31. Expenditures were

valentina_108 [34]

Answer:

$8,495,833

Explanation:

Calculation of weighted-average accumulated expenditures

Date Payments Funds used Annualized Amount

Mar 1 $6450000 10/12 $6450000*10/12 $5,375,000

Jun 1 $5350000 7/12 $5350000*7/12 $3,120,833

Dec 31 $8250000 0/12 $$8250000*0/12 $0

Weighted Average Expenditures $8,495,833

6 0

3 years ago