Kb uses water treatment recycling technologies due to lack of rain

The Petit Chef Co. has 10.4 percent coupon bonds on the market with seven years left to maturity. The bonds make annual payments

Lunna [17]

Answer:

8.10%

Explanation:

For computing the YTM we have to applied the RATE formula that is shown on the attachment

Data provided in the question

Present value = $1,119.34

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 10.4% = $104

NPER = 7 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the YTM is 8.10%

6 0

4 years ago

Suppose a war breaks out that is widely expected to last only one year. Show how the eﬀect of this shock on aggregate output dep

Lubov Fominskaja [6]

Answer and Explanation:

Due to war outbreak, government increases their spending temporarily. Hence, this leads to a shift of the output demand curve towards the right. Also, since the government spending would be more, this would be more than the reduction in consumption due to a decrease consumer wealth. Simultaneously, due to a decrease in consumer wealth, this would shift the output supply curve towards the right. Since the effect of consumer wealth is subjected to be small, this puts the demand curve more further as compared to the output supply curve. Thus, the interest rate would increase.

4 0

3 years ago

Crazy Mountain Outfitters Co., an outfitter store for fishing treks, prepared the following unadjusted trial balance at the end

Olin [163]

Answer:

Crazy Mountain Outfitters Co.

a. Income Statement before Adjusting Entries:

Fees Earned 484,400

Wages Expense 112,380

Rent Expense 85,740

Utilities Expense 61,520

Miscellaneous Expense 9,690 269,330

Net Income 215,070

b. Income Statement after adjustments:

Fees Earned 510,000

Wages Expense 113,930

Rent Expense 85,740

Utilities Expense 61,520

Supplies Expense 12,220

Depreciation expense 12,110

Miscellaneous Expense 9,690 295,210

Net Income 214,790

c. The effect of the adjusting entries on Retained Earnings:

Retained earnings per unadjusted trial balance $225,000

Net income after adjusting entries 214,790

Ending Retained earnings after adjusting entries $439,790

Ending Retained earnings before adjusting entries 440,070 (225,000 + 215,070)

Difference in the Retained earnings = $280

Explanation:

a) Data and Calculations:

Crazy Mountain Outfitters Co.

Unadjusted Trial Balance April 30, 20Y5

Debit Credit

Cash 12,110

Accounts Receivable 80,410

Supplies 19,380

Equipment 407,380

Accounts Payable 18,890

Unearned Fees 21,310

Common Stock 55,000

Retained Earnings 225,000

Dividends 15,990

Fees Earned 484,400

Wages Expense 112,380

Rent Expense 85,740

Utilities Expense 61,520

Miscellaneous Expense 9,690

Totals 804,600 804,600

b) Analysis:

1. Supplies Expense $12,220 Supplies $12,220 ($19,380 - $7,160)

2. Accounts receivable $8,770 Fees earned $8,770

3. Depreciation expense $12,110 Accumulated Depreciation $12,110

4. Wages Expense $1,550 Wages Payable $1,550

5. Unearned Fees $16,830 Fees earned $16,830

After Adjusting Entries:

Fees Earned = 510,000 (484,400 + 8,770 + 16,830)

Wages Expense = 113,930 (112,380 + 1,550)

Rent Expense 85,740

Utilities Expense 61,520

Supplies Expense 12,220 (0 + 12,220)

Depreciation expense 12,110 (0 + 12,110)

Miscellaneous Expense 9,690 295,210

7 0

3 years ago

He _____ provides a basis for creating the project schedule and performing earned value management for measuring and forecasting

kirza4 [7]

The work breakdown structure provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance. A work breakdown structure is also known as WBS- which helps break down the team's work into smaller, more manageable sections. By breaking down the sections into smaller groups gives more opportunity for completion before moving on to the next group and makes the tasks more managable.

7 0

3 years ago

Linda spent 3/4 of her savings on furniture. She then spent 1/2 of her remaining savings on a fridge. If the fridge cost her $15

romanna [79]

Answer: $1,200.

Explanation:

Given that,

Linda spent 3/4 of her savings on furniture and spent 1/2 of her remaining savings on a fridge.

Fridge cost = $150

Let Original savings be x

Amount spent on furniture = $\frac{3}{4} x$

Amount spent on furniture = $\frac{1}{2} (x - \frac{3}{4}x)$

150 = $\frac{4x - 3x}{8}$

x = $1,200

Therefore, Linda's original savings is $1,200.

6 0

3 years ago

Kb uses water treatment recycling technologies due to lack of rain​

Kb uses water treatment recycling technologies due to lack of rain