Answer:
The answer is $79.42
Explanation:
Zero-coupon bonds does not make any periodic payments of interest. It pays both the interest and the face value at maturity.
N(Number of periods) = 4 years
I/Y(Yield to maturity) = 5.93 percent
PV(present value or market price) = ?
PMT( coupon payment) = 0
FV( Future value or par value) = $100
We are using a Financial calculator for this.
N= 4; I/Y = 5.93; PMT = 0; FV= $100; CPT PV= -79.42
Therefore, the market price of the bond is $79.42
<span>According to Roosevelt, good trust
stayed within reasonable bound whereas, "bad" trust hurt societies
general welfare. Roosevelt insisted that it was essential to make the
distinction between the two because he had a strong preference to regulate
corporations for the public welfare rather than destroy them.</span>
Answer:
unilateral contract
Explanation:
In this scenario, it seems that Ms. White's advertisement is for a unilateral contract. This is a contract agreement in which an individual (the offeror) promises to pay after the occurrence of a specific action or behavior. Which is what Ms. White is doing by offering money if someone brings her dog back safe and sound. Thus benefiting both parties.
Answer:
$90,000
Explanation:
Given data
Net credit sales = $6,000,000
The estimated bad debt percentage is 1.50%
Credit balance in allowance for uncollectible accounts = $42,000
Adjusted balance = $40,000
The computation of the bad debt expense is shown below:
= Net credit sales × estimated bad debt percentage
= $6,000,000 × 1.50%
= $90,000
By multiplying the net credit sales with the estimated bad debt percentage we get the bad debt expense and the same is applied in the above calculation
Answer:
C. The contribution is recorded as revenue with an equal amount recorded as "other financing blah blah blah report me whatever
