Answer:
Their yield to call is 8.672%
Explanation:
The rate of return bondholders receives on a callable bond until the call date is called Yield to call.
Use following formula to calculate the yield to call
Yield to Call = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]
Where
C = Coupon Payment = $1,000 x 11% x 6/12 = $55
F = Face value = $1,000
P = Call price = $1,125
n -= number of periods to call = 7 years x 2 = 14 periods
Yield to Call = [ $55 + ( $1,000 - $1,125 ) / 14 ] / [ ( $1,000 + $1,125 ) / 2 ]
Yield to Call = 46.07 / $1,062
Yield to Call = 0.04336
Yield to Call = 4.336% semiannually
Yield to Call = 4.336% x 2
Yield to Call = 8.672% annually
<span>True. </span>
The waist circumference has a big
influence on an individual’s health condition. When most of an individual’s fat
is around the waist rather than at the hips, then they are at a high risk for a
cardiovascular disease. The risk is greater if the waist size is above 40
inches for men.
Answer:
a. Does this situation describe a loss contingency? Explain.
Allowance for doubtful accounts are a loss contingency since they mar or may not happen, but the company has to account for them.
b. What is the bad debt expense that Manda Panda should report in its 2018 income statement?
total bad debt expense = total sales x 3% = $3,150,000 x 3% = $94,500
c. Prepare the appropriate journal entry to record the contingency.
Dr Bad debt expense 94,500
Cr Allowance for doubtful accounts 94,500
d. What is the net realizable value (book value) Manda Panda should report in its 2018 balance sheet?
ending balance of accounts receivable = $537,500 - $94,500 = $443,000
Let us first define Delphi Technique, it a method of forecasting and a decision was made after the collaboration of ideas between the group. One common problem in a business is the "improper or not enough monitoring of cash flow".
We can apply Delphi Technique on this issue in which members will discuss and come up a common idea to resolve this, it is brainstorming activity. One possible solution is the business may need a certified accountant.
If the marginal benefit is greater than the marginal cost
The marginal benefit is the amount of satisfaction that you receive when you consume an additional goods or service, meanwhile the marginal cost is the amount of sacrifice that you need to do in order to get that additional good or service.
to put it simply, You better off consuming that additional product if the satisfaction that you get is worth the sacrifice that you make
