Answer:
10%
Explanation:
Calculation to determine the yield to maturity
Using financial calculator
FV= 1,000
N=2*8= 16
PMT=$1,000(0.05)/2 =$25 semiannual
PV -$729.05
I/Y = 5% semiannual
YTM=?
Hence,
YTM=10% YTM
Therefore the yield to maturity is 10%
Answer:
Kingbird, Inc. Journal entry
March 1 2017
Dr Cash (250,000*96%) 240,000
Dr Discount on bonds payable
(250,000×4%) 10,000
Bonds payable 250,000
(to record issuance of bonds)
Explanation:
Since Kingbird, Inc. issues $250,000, 10 years 6% bonds at 96 this means we have to record the transaction as issuance of bonds by Debiting Cash with (250,000*96%)240,000 and as well Debiting Discount on bonds payable with(250,000×4%) 10,000 while Bonds payable will be Credited with 250,000.
Answer: A. consumer expectation of an increase in their future income.
Explanation:
The supply curve is simply a graph that shows the relationship that is between the price of a particular good and the amount of quantity that is supplied.
A leftward shift in the supply curve for a good simply means that less of that good is supplied. All tye options will cause less of the goods to be supplied except consumer expectation of an increase in their future income.
Answer:
1. Manufacturing
2. Service
3. Merchandising
4. Manufacturing
5. Hybrid type of business
Explanation:
I'm not sure about my answers but- they are based on logic if you look closely at each picture
¯\_(ツ)_/¯
Answer: $1400
Explanation:
The amount of gross income that Heather must report will be the addition of the interest on the US government bonds, the interest on the federal income tax refund and the gain on the sale of Madison company school bonds. This will be:
= $700 + $200 + $500
= $1400
Therefore, Heather must report gross income in the amount of $1400. The correct option is D.
