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2 years ago

The market price of a bond issued at a premium is the present value of its principal amount at the market rate of interest:

Business

1 answer:

Goryan [66]2 years ago

5 0

Answer:

D. In addition to the present value of all future interest payments at the market (effective) interest rate

Explanation:

Hope this helps you :)

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What are some characteristics of social enterprises

givi [52]

Answer:

see below

Explanation:

Social enterprises participate in commercial activities to solve social problems, improve communities' well-being, and better the environment. They make money through normal trading activities.

<em>Some characteristics of social enterprises include</em>

1. They have a mission to serve the community by initiating and supporting social, environmental, cultural, and economic programs. Social enterprises are not entirely driven by profits but have social missions to achieve.

2. Social enterprises generate the majority of their income through business activities. They are self-reliant as the selling of goods and services is their primary source of revenue.

3. A big proportion of the profits generated by social enterprises is invested in community projects. Social enterprises use profits to achieve their social objectives.

4 0

2 years ago

The climate in which jonah lives is mild all year long except during the hotter summer months. for 3 months out of the year, jon

ASHA 777 [7]

If Jonah needs to use 4 portable fans for 3 months out of the year, and the electricity used in one fan costs 1 cent per hour and each fan is used for about 96 hours per month, the total electricity cost for the fans during one year is $11.52.

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3 years ago

Read 2 more answers

Floyd Industries stock has a beta of 1.20. The company just paid a dividend of $.50, and the dividends are expected to grow at 6

Elanso [62]

Answer:

a. 6.7%

b. 12.0%

Explanation:

a. DDM

Dividende Discount Method is used to calculate the price of the stock using Dividend, rate of return and growth rate.

Return on equity = [ Dividend x ( 1 + growth rate ) / Price of stock ] + Growth Rate

Return on equity = [ $0.5 x ( 1 + 6% ) / $76 ] + 6%

Return on equity = [ $0.5 x ( 1.06 ) / $76 ] + 0.06

Return on equity = 6.7%

b. SML

Security Market line method uses calculates the cost of capital using following formula

Re = R f + β ( Rm − R f )

Rf = Risk free rate

β = stock beta

Rm = Market rate

Re =Expected rate

Re = 5.9% + 1.20 ( 11% - 5.9% )

Re = 12.02%

5 0

3 years ago

On July 8, Jones Inc. issued an $75,700, 8%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends o

Marizza181 [45]

Answer:=Jones recognizes $386.9 as interest

Explanation:

Fiscal year ending July 31st

there are 23 days between when the cash as issued ie July 8 and the end of the fiscal year on July 31st

Given amount or Principal amount = $75,700

Rate= 8%

Interest = Principal x Rate x Time

$75,700 x 8% x 23/360=$75,700 x 0.08 x 23/360

=$386.9

Jones recognizes $386.9 as interest in the current fiscal year.

3 0

3 years ago

Pronghorn Company issues 8,900 shares of restricted stock to its CFO, Mary Tokar, on January 1, 2020. The stock has a fair value

zysi [14]

Explanation:

The Journal entry is given below:-

A 1. On 1 January 2020

Unearned compensation Dr, $445,000

To Common stock (8,900 × $10) $89,000

To Paid-in Capital in Excess of Par -common stock $3,56,000

(Being the restricted stock is recorded)

2. On 31 December 2021

Compensation expenses Dr, ($445,000 × 1÷5) $89,000

To Unearned compensation $89,000

(Being the restricted stock is recorded)

B On 25 July 2024

Common stock $89,000

Paid-in Capital in Excess of Par -common stock $356,000

To compensation expenses $356,000

To unearned compensation $89,000

(Being the forfeiture is recorded)

7 0

3 years ago