Answer:
The correct answer to the following question is $430.241
Explanation:
Zero coupon bond which are also know as pure discount bond, are those bonds which are issued at discount and makes no periodic interest payments to the bearer.
Given information -
Face value at maturity - $1000
Yield to maturity - 8.8%
Number of years till maturity - $10
Current market price - maturity value / (1+ i) ^n
where i = yield to maturity, n = Number of years till maturity
= $1000 / (1+8.8%)^10
= $1000 / (1.088)^10
= $1000 / 2.32428
= $ 430.2407
= $430.241 ( approximately )
Answer:
maximize shareholder wealth
Explanation:
Answer:
Expenses ; revenues ; adjusting
Explanation:
According to the expense recognition or matching principle, the expenses that are incurred in a particular period should be matched with the revenues that are earned in that particular period.
This principle major part is of the adjustments so that the adjustment entries are passed so that the financial statements represents the true and fair view to the users of the accounting information
Julie is focused on the control managerial function when she measures performance and corrects as necessary. There are five types of management functions and they are planning, organizing, directing, coordinating and control. In the control stage it allows managers to determine how much or how little control over the organization and their employees they wish to have.
Answer:
He can include $16,000 in his gross income.
Explanation:
As the life insurance policy was transferred for some valuable consideration so the amount of valuable consideration will be deducted from the insurance proceeds.
Also premium paid by the transferee will be deducted from proceeds.
Now as the transferee received $25,000 from insuarance company.
So Tylor can include $25,000 less $7,500 less $1,500 in his gross income.
He can include $16,000 in his gross income.
