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NISA [10]
2 years ago
8

Consider a coupon bond with $1000 face value, 10% coupon rate, 5 years of maturity selling for $700. The yield to maturity is

Business
1 answer:
const2013 [10]2 years ago
8 0

Answer:

The approximate yield to maturity is 9.43%.

Explanation:

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The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of acc
Zina [86]

Answer:

No

Explanation:

The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.

3 0
3 years ago
Candy Claws Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per
Alchen [17]

Answer:

c. $23,160

Explanation:

Adjusted cash balance per books as at August 31

Cash balance per book $19,500

Add Notes receivable and interest collected by bank $4,800

($19,500+$4800) $24,300

Less:(Deposits in transit $900

-NSF check 1,020) ($120)

NSF check (1,020)

Cash balance per books $23,160

6 0
3 years ago
Global temperature trends can be inferred from changes in
Olin [163]
<span>Global temperature trends can be inferred from changes in fossils and chemical isotopes found in sediments and glacial ice</span><span>

If I managed to help you, please make sure to mark my answer as the "Brainliest" answer. Thanks! :)</span>
6 0
4 years ago
Testing is used by many companies during the recruitment process. Tests could include aptitude, psychological, personality, inte
zmey [24]

Personality test is an assessment that provides insight into important but intangible information about candidates such as personality, values, and work preferences.

Explanation:Pros of Personality Testing :

1, Knowing the unique information personality tests provide can help hiring managers to assess a candidate’s fit into the computer any culture.

2. Personality tests allow hiring managers to better understand how to keep individual employees engaged and motivated at work.

3. Well-designed, standardized assessments allow an organization to improve its legal defensibility by providing a fairer method of candidate comparison.

4.Personality tests can reduce the chance of putting the wrong person in the wrong role (a mistake that can be costly)

The cons of personality test:

1.Time: Personality tests can be time-consuming, which may lead to job candidate frustration or even loss to other companies.

2.Money: Personality tests can be costly to administer.

3.Accuracy: While useful for gaining behavioral insight, personality tests are not always the best indicators of how successful an individual will be in a job

4.Reliability: Candidates often answer personality tests by choosing answers they believe employers want to hear. This can make test results difficult to interpret or even invalid.

4 0
3 years ago
The Allowance for Bad Debts account has a credit balance of $ 3 comma 000$3,000 before the adjusting entry for bad debts expense
Triss [41]

Answer:

The bad debt expense which should be recorded in the income statement for the year 2019, amounts to $127,600

Explanation:

The bad debt expense which should be recorded in the income statement for the year 2019 is computed as:

= Net Credit Sales × Uncollectible credit sales for the year 2019

where

Net Credit Sales is $290,000

Uncollectible credit sales for the year 2019 is 44%

Putting the values in the above formula:

= $290,000 × 44%

= $127,600

8 0
3 years ago
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