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2 years ago

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional

1 answer:

6 0

It might be easier because most credit unions require some kind of affiliation while banks will let anyone with money open and account.

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The WeKnowThisStuff Company issued a $1,000 par value, 6% coupon, 8 year bond. The interest is paid semiannually and the market

Stella [2.4K]

Answer:

$1,032.01

Explanation:

Given:

Face value of bond (FV) = $1,000

Coupon rate = 6% annual rate or 6% / 2 = 3% semi-annual rate

Coupon payment (pmt) = 0.03 × $1,000

= $30

Rate = 5.5% annually or 5.5 / 2 = 2.75%

Time period (nper) = 8 × 2 = 16 periods

Current value of bond is present value of bond which can be computed using spreadsheet function =PV(rate,nper,pmt,FV)

So, present value of bond is $1,032.01.

PV is negative as it's cash outflow.

8 0

3 years ago

Find the product of 28 and 97.

Inga [223]

The product of 28 and 97 is 2716

8 0

3 years ago

Read 2 more answers

Can someone please help me with this question!

Dafna1 [17]

Answer:

I think you got it right*

Explanation:

I think this is the same question I took.

6 0

3 years ago

During 2021, Angel Corporation had 990,000 shares of common stock and 95,000 shares of 6% preferred stock outstanding. The prefe

frozen [14]

Answer:

$7.23

Explanation:

Basic Earnings per share = (Net Income - Preferred Dividend) / Weighted average of outstanding common shares

Basic Earnings per share = ($7,350,000 - $195,000) / 990,000 shares

Basic Earnings per share = $7,155,000 / 990,000 shares

Basic Earnings per share = 7.22727273

Basic Earnings per share = $7.23

So, the amount of Angel's basic earnings per share for 2021 is $7.23.

6 0

2 years ago

The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C Sales reve

Mekhanik [1.2K]

Answer:

Cash flow :

For Case A = $27,450

Case B = $14,000

Case C = $25,000

Explanation:

As per the data given in the question,

Case A Case B Case C

Cash collected from customers $712,000 $555,000 $97,500

Cash payment to suppliers -$40,000 -$25,500 -$65,200

Cash payment for operating expense -$3,750 -$16,000 -$7,300

Net cash provided by operating activities $27,450 $14,000 $25,000

Where,

Cash received from customers = Net sales + dec. in account receivable - inc. in accounts receivable

Cash paid to suppliers = COG sold + inc. in inventory + dec. in accounts payable - dec. in inventory - inc. in accounts payable

Cash paid for operating expense = operating expense - Depreciation + inc. in prepaid expense + dec. in accrued expenses payable - inc. in accounts payable - inc. in accrued expenses payable

6 0

3 years ago