Answer:
B. 10.79 percent
Explanation:
yield to maturity = [150 + (1250 - 1000/10)]/[(1250 + 1000/2)]
= 10.79%
Therefore, The yield to maturity on the Tangshan Industries bond is 10.79%
check on the internet or something, the internet has a lot of insane things for sale
Answer:
1. $3,067
2. B) $129,127.
Explanation:
a. The computation of amount deposit in transit is shown below:
The amount of deposit in Transit = Balance as per Cash Book as on 30th Sept - Cheque outstanding realized - Bank charges - Balance as per Bank Book
= $12,596 + $6740 - $16 - $16,253
= $3,067
Deposit in Transit inflates the general ledger initially till it is credited in the bank book.
b. The computation of balance should Cardinal's Cash account show
Cash Account should show a balance = Bank Statement Balance as on May 31 - Outstanding Cheque on May 31
= $180,974 - $51,847
= $129,127
As we can see that the cash account balance is less because there is an outstanding
Answer: No, this was merely Carl's opinion.
Explanation:
Labelling a statement as an opinion generally protects the person who said it from defamation suits however this is not always the case.
If the opinion is based on disclosed and well known facts, the action is free of defamatory or libel charges.
This seems to be the case in this scenario as his column seems to be based on the performances for the year.
Bottomline is, Stella cannot sue Carl for libel as it is his opinion.
It’s going to be A and it’s self explanatory so i don’t have an explanation