Answer:
The statement of cash flows should report net cash provided by financing activities of $265,000.
Explanation:
Cash Flow from Financing activites:
Common stock issued = $200,000
Dividend Payment = ($30,000)
Issuance of note payable = $45,000
Issuance of Bond = <u> $50,000 </u>
Net cash flow = <u>265,000</u>
The statement of cash flows should report net cash provided by financing activities of $265,000.
Answer:
Consider the following calculations
Explanation:
- PMT(Interest_Rate/Num_Pmt_Per_Year,Loan_Years*Num_Pmt_Per_Year,Loan_Amount)
- If you input these values on a financial calculator, PMT = 2011.56
- Balance of the loan at the end of 13 years = 209798.54
- Interest paid in the 6th year = 21464.51
- 224th Payment Principal = 722.70
Answer:
The correct answer is letter "C": strike.
Explanation:
The strike price is the price at which a derivative is exercisable and corresponds to the price of the underlying asset of the derivatives. In a call option, the strike price is the price at which the option holder can purchase the underlying security. For a put option, the strike price is the price at which the option holder can sell the underlying security.
Answer:
$53,000
Explanation:
Data given in the question
Beginning Accounts Receivable = $26,000
Credit Sales = $130,000
Collections of credit sales = $87,000
Write-offs = $16,000
So
As we know that
Ending Accounts Receivable = Beginning Accounts Receivable + Credit Sales - Collections of credit sales - Write-offs
= $26,000 + $130,000 - $87,000 - $16,000
= $53,000
Answer:
1.22%
Explanation:
The modified duration of the bond gives an indication of change in price due to a 1% change in the yield to maturity,hence, the bond modified duration is computed using the formula below:
modified duration=Macaulay Duration/(1+YTM)
Macaulay Duration=4.2
YTM(initial)=3%
modified duration=4.2/(1+3%)= 4.08
That for 1% change in yield to maturity price would change 4.08%
0.3% change in yield(3.3%-3%)= 4.08%*0.3%=1.22%