We
should note that the bond investment account is recorded at cost by the Bondholder
or Investor.
The
cost or price is calculated as:
Cost
= $90,000 * 86.4%
Cost
= $90,000 * 0.864 = $77,760
Therefore,
the entry to record should be:
<span>debit
Held-to-Maturity Investment in Bonds for $77,760 and credit Cash for $77,760</span>
Answer:
$64
Explanation:
A firm has an annual dividend of $4
The required return is 16%
Therefore the value of the preferred stock can be calculated as follows
= 16/100 × 4
= 0.16 × 4
= 0.64 ×100
= $64
Hence the value of the preferred stock is $64
Calculation of Commission earned:
We are given that Joan sells new cars at a local dealership and she receives a 15% commission on profit.
So we can say that :
Commission earned = 15% * Total profit
Last week she sold 9 cars for the total of $10,870 dealer profit
Hence Commission earned shall be calculated as follows:
Commission earned = 15% * Total profit
Commission earned = 15% * 10870 = $1,630.50
Hence, the Commission earned by Joan is <u>$1,630.50</u>
The way where the credit is not improved is that if we moving the debt around.
Information related to the credit score & creditworthiness:
- The credit score is the mathematical expression that depends upon your creditworthiness.
- Creditworthiness is the willingness of the lender for believing you to pay off the debts.
The credit should be improved by:
- Having established accounts.
- Bills are paid on time
- Less balances.
But if the debt is moving around so this does not improve your credit.
Therefore we can conclude that the way where the credit is not improved is that if we moving the debt around.
Learn more about creditworthiness here: brainly.com/question/2254218
Answer:
rate of return of fund = 3.66%
Explanation:
start = 327/23 = 14.22
end = 349/29 = 12.04
distributions = 1.5 + 1.2 = 2.7
rate of return of fund = 12.04-14.22 +2.7 / 14.22
= 3.66%
