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Elena L [17]
2 years ago
5

Muecke Inc. is working on its cash budget for April. The budgeted beginning cash balance is $40,000. Budgeted cash receipts tota

l $150,000 and budgeted cash disbursements total $158,000. The desired ending cash balance is $50,000. To attain its desired ending cash balance for April, the company needs to borrow: Group of answer choices $18,000 $0 $50,000 $82,000
Business
1 answer:
Zarrin [17]2 years ago
6 0

Answer:

See

Explanation:

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What is the current yield for a $1000 corporate bond that pays 8.0 percent and has a current market value of $870?
alexandr402 [8]

The current yield for a corporate bond = 9.19 %

Calculation :

Amount of annual interest = face value × rate of interest

                                         =  $1000 × 8.0

                                           = 8000%

Then, Current yield = amount of annual interest / current price

                                 = 8000%  ÷ $870

                                = 9.19 %

Do corporate bonds pay interest?

Corporate bonds pay interest semi-annually, which suggests that, if the coupon is five percent, each $1000 bond can pay the bondholder a payment of $25 every six months--a total of $50 per year

What Is the Current Yield?

Current yield is an investment's annual income (interest or dividends) divided by the present price of the security. This measure examines the present price of a bond, instead of looking at its face value.

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4 0
1 year ago
When choosing a career, you should review the to find out whether or not there will be a demand for this profession in the years
Bond [772]
This is a true fact, what is the question though?
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2 years ago
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How gross profit or loss is computed​
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Answer:

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5 0
3 years ago
it is usually less expensive to rent an apartment than to purchase a similar sized home when chapter 15
Elan Coil [88]

It is usually less expensive to rent an apartment than to purchase similar sized home when the land in the area is overprized.

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7 0
10 months ago
At the time a $400 petty cash fund is being replenished, the company's accountant finds vouchers totaling $350 and petty cash of
Oksi-84 [34.3K]

Answer:

Explanation:

The journal entry to record the expenditure account is shown below:

Postage A/c Dr $100

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Delivery fees A/c Dr $75

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(Being expenditure is recorded)

So, the debit petty cash account would not be considered as it is credited while passing the journal entry.

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