David earned a salary of $43,500 in 1994 and $89,000 in 2010. The consumer price index was 148.2 in 1994 and 215.3 in 2010. David's 1994 salary in 2010 dollars is $63,195.
A market basket of products and services that households have purchased at a weighted average price is measured by a consumer price index. The measured CPI changes over time to reflect variations in price. The Consumer Price Index for All Urban Consumers grew 9.1% in the year that ended in June 2022. The all things index saw its greatest 12-month growth since the 12-month span ending in November 1981, up 9.1%. a combination graph using two data sets.
One of the measurements that are most frequently used to gauge inflation and deflation is the CPI. A country's economic health can be determined in large part by its rate of inflation. When making economic choices, governments and central banks use the CPI and other indexes.
David's salary in 1994 in terms of 2010 dollars = [tex]Salary (1994) \frac{CPI (2010)}{CPI (1994)}[/tex])
Substitute the given values,
David's salary in 1994 in terms of 2010 dollars = $43,500 × [tex]\frac{215.3}{148.2}[/tex]
David's salary in 1994 in terms of 2010 dollars = $43500 × (1.45276)
David's salary in 1994 in terms of 2010 dollars = $63,195
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Linguists estimate that the percentage of cognates between asl and fsl is as great as? a. 36 percent b. 58 percent c. 90 percent d. 22 percent
Linguists estimate that the percentage of cognates between asl and fsl is as great as 58 percent.
The main sign language used by Deaf people in the United States of America and most of Anglophone Canada is American Sign Language (ASL), a natural language. ASL is a comprehensive and well-structured visual language that uses both manual and non-manual features to communicate.
Dialects of ASL and creoles based on ASL are spoken throughout the world, including much of West Africa and portions of Southeast Asia, besides North America. As a lingua franca, ASL is also widely studied as a second language.
French Sign Language is most closely similar to ASL (LSF). Although ASL exhibits characteristics untypical of creole languages, like agglutinative morphology, it has been argued that ASL is a creole language of the LSF.
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The journal entry to record bad debt expense is made during the year in which it is determined that a particular receivable is uncollectible, regardless of the year of sale. True or false?.
The journal entry to record bad debt expense is made during the year in which it is determined that a particular receivable is uncollectible, regardless of the year of sale : FALSE Bad debt expense is recorded during the year of the sale, not during the year the receivable is determined to be uncollectible.
A journal entry is the act of keeping or making records of any transactions either economic or non-economic. Transactions are listed in an accounting journal that shows a company's debit and credit balances. The journal entry can consist of several recordings, each of which is either a debit or a credit.
A journal entry is a record of the business transactions in the accounting books of a business. A properly documented journal entry consists of the exact date, the amount to be debited and credited, a description of the transaction, and a unique reference number. An example of a journal entry is the purchase of a machine in a country where a machine account is debited and a money account is credited.
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On january 1, 2021, the general ledger of dynamite fireworks includes the following account balances: accounts debit credit cash $ 24,400 accounts receivable 5,800 supplies 3,700 land 56,000 accounts payable $ 3,800 common stock 71,000 retained earnings 15,100 totals $ 89,900 $ 89,900 during january 2021, the following transactions occur: january 2 purchase rental space for one year in advance, $7,800 ($650/month). january 9 purchase additional supplies on account, $4,100. january 13 provide services to customers on account, $26,100. january 17 receive cash in advance from customers for services to be provided in the future, $4,300. january 20 pay cash for salaries, $12,100. january 22 receive cash on accounts receivable, $24,700. january 29 pay cash on accounts payable, $4,600. exercise 3-21a part 3 3. prepare an adjusted trial balance as of january 31, 2021.
A general ledger (GL) is a set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports. Each account is a unique record summarizing a specific type of asset, liability, equity, revenue, or expense.
Date GENERAL JOURNAL Debit Credit
January 31 Rent Expenses $650
Prepaid Rent $650
(To record rent expenses)
January 31 Supplies Expenses $4,400
Supplies $4,400
(To record supplies expenses) ($3,700 + $4,100 - $3,400)
January 31 Deferred Revenue $3,650
Service Revenue $3,650
(To record rendered of service)
January 31 Salaries Expenses $5,380
Salaries payable $5,380
(To record salaries expenses)
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If an operations manager wishes to help workers understand the movement of material, information, or people throughout a process, what tool should he or she use?.
An operations manager should use communication to aid employees in comprehending the flow of information, people, or materials during a process.
More about operations manager:
In order to regulate production and commercial operations as efficiently as possible, operations management is concerned. To optimise net operating profit, OM experts strive to strike a balance between operating costs and revenue.
Whether or not it is referred to as "operations," every organisation has an operations function. The majority of organisations have the production of goods and/or services as their objective or purpose. To accomplish this, they must obtain resources, transform them into outputs, and then disseminate them to the target audience.
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Suppose a u. S. Treasury bond will pay $4,475 five years from now. If the going interest rate on 5-year treasury bonds is 4. 25%, how much is the bond worth today?.
The calculated worth of the given U.S. Treasury bond today is mathematically given as
Present worth =$3634.23
This is further explained below.
How much is the bond worth today?Generally, the equation for the bond is mathematically given as
The present worth of the U.S. Treasury bond is given by:
Future value /(1+interest rate })^ \{number of years}
[tex]=\frac{\$ 4,475 }{(1+4.25)^5}\\\\=\frac{\$ 2,500}{(1.0425)^5}[/tex]
Present worth =$3634.23
In conclusion, the present worth of the bond is
Present worth =$3634.23
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there are two ways the first law of demand can be stated: all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa. all other factors being equal, the more costly it is to engage in a particular behavior the less of that behavior an individual will engage in. consider the second formulation of the first law of demand and read this article. the article describes the drop in fertility (the number of babies a women will have over her expected lifetime) that has occurred as incomes have risen in countries around the world. --------------------------------------
The law of demand states that the level of demand for a product or resource decreases as the price rises and increases as the price falls. Conversely, according to the law of supply, the supply of an economic good tends to increase as the price increases and decrease as the price decreases.
The law of demand states that the price and quantity required for all goods and services are inversely proportional to each other, all else being equal . When the price of one good increases, the demand for the same good decreases. Similarly, when the price of a good or service decreases, the demand for that good or service increases. It contains only two variables: price and quantity. That's what the law of demand is all about. It indicates how a change in the price of a good or service affects the quantity demanded. According to the law of demand, when the price of a good increases, the quantity demanded for that good decreases, and when the price of a good decreases, the quantity demanded for that good increases. Demand for a product increases or decreases depending on several factors. This includes changes in product prices, perceived quality, advertising spending, consumer income, consumer confidence, tastes and fashion. Historically, high infant mortality, including infant and infancy deaths from disease, has resulted in low population growth and high fertility rates. As child mortality has declined (and in some countries sharply), so has the birth rate.
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Which type of content is most likely to be used for event activation, contest activation or live event activation?
The most likely uses of hero content are for live events, contests, and event activation. So, the correct answer is option D. Hero content.
The goal of hero content is to expose as many people as possible to the brand and its major brand activity by making a big splash and appealing to a broad audience. Because big ideas take time and money to develop, it can be costly and time-consuming to produce, which explains why it doesn't happen often. Major commercials, contests, immersive activities, and viral content are examples of common types of hero content.
Volvo provided one of the most well-known instances in 2013. In an eye-catching commercial titled The Epic Split, the car business capitalized on the ironic and nostalgic affection for Jean-Claude Van Damme by having the actor perform the splits between two Volvo trucks.
The question is Incomplete, Complete question is:
Which type of content is most likely to be used for live event activation, event activation, or contest activation?
a. Hygiene content.
b. Hub content.
c. Evergreen content.
d. Hero content.
e. None of these.
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If all direct materials are added at the end of the production process, and the units have made it 50% of the way through the production process, then the percentage completion for direct materials is.
The percentage completion for direct materials is 100% if all direct materials are added at the conclusion of the manufacturing process and the units have completed 50% of the production process.
The manufacturing process is converting unfinished things from raw materials or pieces using tools, labor, machinery, and chemical processing. Before the Industrial Revolution, the majority of goods were created by hand using human labor and simple instruments.
Direct material refers to the tangible components that make up a product. For instance, flour, eggs, yeast, sugar, oil, and water are direct materials for a baker. Cost accounting uses the concept of direct material to categorize this cost independently for various forms of financial analysis.
The complete question of this answer is given below:
If all direct materials are added at the beginning of the production process, and the units have made it 50% of the way through the production process, then the percentage completion for direct materials is
A. 0%
B. 100%
C. 50%
D. none of the above.
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how did Suzy Batiz failures set her up for success?
Answer:
I'm not sure
Explanation:
Not enough explanation.
The absorption cost approach provides for the absorption of all manufacturing costs, fixed and variable, into units of product. True or false?.
The absorption cost approach provides for the absorption of all manufacturing costs, fixed and variable, into units of product is a true statement.
What is absorption cost approach?Absorption costing or absorption cost approach is often called as “full costing.
It is a method of managerial accounting for capturing all costs which are associated with manufacturing of a particular product.
The "direct" and "indirect" costs, such as insurance,direct labor,direct materials, rent etc are accounted for using this method.
Absorption costing is required by GAAP or Generally Accepted Accounting Principles for external reporting.
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If the price of steel increases drastically, the quantity of steel demanded by the building industry will fall significantly over the long run because.
If the rate of metal will increase substantially, the quantity of steel demanded by using the constructing enterprise will fall extensively over the long term because shoppers of steel are extra sensitive to a charge change in the event that they have greater time to adjust to the price trade.
Quantity judgment of the way top-notch something or someone is. An instance of quality is a product that may not wreck easily. An example of high quality is a nicely-made product. The definition of pleasure is a different characteristic or trait.
Quantity, just like a number, can be used for singular or plural nouns that you can depend on or degree. the main distinction is that it's quality to apply quantity whilst you speak to me about an inanimate object. however, there are times wherein you may use amount and variety interchangeably, especially while the noun is plural. In physics, there are seven fundamental bodily portions that are measured in base or physical fundamental units: period, mass, time, electric current temperature, the quantity of substance, and luminous depth.
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An analyst should be careful when conducting ratio analysis to ensure that ________.
An analyst should be careful when conducting ratio analysis to ensure that the overall performance of a firm is not judged by a single ratio.
Ratio analysis
Ratio analysis is a mathematical approach of getting insight into a company's liquidity, operational efficiency, and profitability through the examination of its financial statements, such as the balance sheet and income statement. Fundamental equity research is built on ratio analysis. Current ratio, gross profit margin ratio, and inventory turnover ratio are examples of ratio analysis.
Comparison of the estimated ratios to previous ratios of the same company concern.
Therefore, the overall performance of a firm is not judged by a single ratio is the correct answer.
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The uncertainty of investment returns associated with how a firm finances its investments is known as:______.
a. liquidity risk.
b. business risk.
c. financial risk.
d. exchange rate risk.
Answer:
Financial Risk
Explanation:
What do you think are some of the reasons that employers want candidates who have both the specific training in a field but also the breadth of a general education?.
Employers think that a liberal education or general education more than a specific job provides information and skills that are crucial for career success.
Employers typically regard a college degree and are confident in higher education. Additionally, companies claim that college graduates are better at articulating their value proposition.
Employers assert that personal abilities and mindsets also have an impact on career performance. Long-term performance depends on both the breadth and depth of learning. Candidates for jobs have a distinct advantage in the recruiting process if they complete active and practical learning activities while in college.
Employers value both breadth and depth of learning, which is evident in their desire for employees to develop independent thought, flexibility and adaptability, technical proficiency, and a broad range of skills.
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through careful monitoring of the financial budget of a firm, managers can detect potential problems in reaching their financial goals and take actions to reverse the problem. this is an example of the management function of .
It is an illustration of the managing function of controlling.
What is the management role of controlling?In all organisational levels, including managers and subordinates, controlling is a management role that helps to get the desired results from people. The managing role assists in monitoring progress toward company goals, spots discrepancies, and recommends required corrective action.
The management of a company that sells motorcycles on credit exemplifies controlling in management. Setting performance standards for employees is the first stage in the management's regulatory duty's four-step process. info on performance trackingControlling's most important responsibility is comparing actual results with expectations. Managers can then have a better understanding of their strengths and opportunities for development. Managers can maximise resource usage and prevent resource waste.Learn more about Control management function here:
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Dante went to school to learn about HVAC systems. He earned a degree that certifies he knows how to correctly and safely install large air conditioning units. What company in the Architecture and Construction career cluster might be interested in hiring Dante?
A) a large construction company building a new hospital
B) a wood floor contractor in need of an apprentice
C) a small county surveyor’s office looking for an intern
D) a forklift rental company in need of a representative
The company in the Architecture and Construction career cluster that might be interested in hiring Dante is A) a large construction company building a new hospital
What is a Career?This refers to the specialized job which a person is engaged in that allows him to earn a living,
Hence, we can see that The company in the Architecture and Construction career cluster that might be interested in hiring Dante is A) a large construction company building a new hospital
This is because he is certified in HVAC systems and the hospital would need several air-conditioning units.
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Answer: A
Explanation:
mike and amy are married and have one child, age 15. amy is a "nonworking" spouse who devotes all of her time to household activities. estimate how much life insurance mike and amy should carry to cover amy.
Answer: the standard amount of life insurance for both Mike and Amy!
Explanation: if both Amy and Mike have a standard plan for those of 18 years of age to 24, that's a $500k policy for less than $19/month! I hope this helps! Good luck!
Holding all other personal characteristics-such as age, gender, and income-constant, economists would expect that a) people without health insurance will be less likely to have follow healthy habits than people with health insurance. b) people without health insurance will be more likely to follow healthy habits than people with health insurance. c) people without health insurance will be equally likely to follow healthy habits as people with health insurance. d) there is no correlation between not having health insurance and follow healthy habits.
Holding all other personal characteristics-such as age, gender, and income-constant, economists would expect that:
a) people without health insurance will be less likely to have follow healthy habits than people with health insurance.
b) people without health insurance will be more likely to follow healthy habits than people with health insurance.
c) people without health insurance will be equally likely to follow healthy habits as people with health insurance.
d) there is no correlation between not having health insurance and follow healthy habits.
The correct option is Option A.
What is health insurance?
Health insurance is a type of insurance that covers all your medical expenses that arise due to an illness.
What are the different types of Health Insurance?
1. Mediclaim Plans
The Mediclaim or hospitalization plans are the most basic type of health insurance plans. They cover the cost of treatment when you are admitted to the hospital. The payment is made on actual expenses incurred in the hospital by submitting original bills.
2. Critical Illness Insurance Plans
Critical Illness Insurance Plans cover specific life-threatening diseases. Unlike hospitalization plans, the payout is made on Critical Illness cover chosen by the customer and not on actual expenses incurred in the hospital.
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If increasingly more units of good y must be given up as each successive unit of good x is produced, then the ppf for these two goods is.
If increasingly more units of good y must be given up as each successive unit of good x is produced, then the pdf for these two goods is A downward-sloping curve that is bowed outward.
A downward slope of the demand curve means that demand will increase when prices fall. Quantity is on the x-axis and price is on the y-axis creating a downward sloping demand curve. It shows a constant descent. Although the curve slopes to varying degrees, a downward direction is inevitable. Such a downward slope of the demand curve from left to right explains the law of demand. This happens because price and demand are inversely related.
The supply curve from a profit-maximizing firm can be vertical, horizontal, or sloping. Industry supply curves can be downward, but individual company supply curves are never downward.
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in blank analysis, management evaluates the firm's various products and businesses, then allocates resources according to potential profit outlook.
In portfolio analysis: Management evaluates the firm's a variety of products and agencies and management allocates its resources to merchandise with the best possible to be profitable.
A advertising strategy: Outlines what a company plans to do to appeal to conceivable customers.
Why portfolio evaluation approach is important?Portfolio evaluation gives the following advantages: It encourages management to consider each of the organization's organizations for my part and to set objectives and allocate sources for each. It stimulates the use of externally oriented information to complement management's intuitive judgment.
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https://brainly.com/question/2758250#SPJ4An investment of $7,650 earns interest at the rate of 5% and is compounded quarterly. what is the accumulated value of the investment at the end of 9 years? a. $11,964.17 b. $11,867.66 c. $9,338.56 d. $8,554.94 please select the best answer from the choices provided a b c d
The accumulated value of the investment at the end of 9 years is $11,964.17.
What investment means?An investment is an asset or item purchased with the intention of earning revenue or increasing in value. An increase in the value of an asset over time is referred to as appreciation. When a person buys a good as an investment, the intention is not to consume the good but rather to use it to build wealth in the future.
An investment is any asset bought for a low cost with the expectation that it will provide value in the future that exceeds its initial cost and time to value. This is due to an increase in the asset's value. This could be due to: a shift in market conditions.
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during the year, boring company increased its accounts receivable by $130, decreased its inventory by $65, and increased its accounts payable by $80. how did these three accounts affect the firm's cash flows for the year?
Boring Company raised its accounts payable by $80, decreased its inventory by $65, and increased its accounts receivable by $130 during the course of the year. So these account affect 15 dollar source of cash.
What is inventory?Both the raw materials required to make products and the products that are on hand for purchase are included in inventory.On a company's balance sheet, it is categorized as a current asset.Raw materials, work-in-progress, and completed items are the three categories of inventory.There are three different methods for valuing inventory: first-in, first-out; last-in, first-out; and weighted average.Businesses may reduce inventory expenses by using inventory management when they produce or acquire commodities as needed.To know more about Inventory, refer to the following link:
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You have data showing demand for plumbing services rising for each of the last five years. This would best be displayed on a:
Answer:
line graphs
Explanation:
line graphs aid in making PREDICTIONS about the outcomes of data that has not yet been recorded
even if data isn't perfect, a line graph can show a general pattern
Line graphs are used to track changes across time, both short and long.
When there are fewer changes, line graphs are preferable over bar graphs.
Line graphs can also be used to compare changes for multiple groups over the same time period.
Line graphs are valuable because they clearly display data variables and patterns
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which of these companies is demonstrating monopolistic competition by trying to differentiate its product because it is similar to products offered by other companies?
The Cinemark movie theater chain enters a promotional address Starbucks where clients earn a unfastened coffee after they attend a matinee. is demonstrating monopolistic opposition with the aid of trying to differentiate its product because it's miles just like merchandise offered through other businesses.
However what many moviegoers might not recognise is that Cinemark is genuinely owned by AMC Theatres, the biggest film theater chain inside the world. at the same time as Cinemark may not be as widely referred to as AMC, the two chains are really very similar.
Monopolistic opposition is a kind of imperfect opposition such that there are many producers competing against each other, but promoting merchandise which can be differentiated from one another and therefore aren't ideal substitutes.
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Although 80% to 95% of americans cherish their privacy as a very important right and principle, what percentage also act in ways that allow others to easily monitor and track their activities?.
Although 80% to 95% of Americans cherish their right to privacy as a very important right and principle, 45% also act in ways that allow others to easily monitor and track their activities.
A fundamental legal principle, the right to privacy encompasses the following: The freedom from unwelcome publicity. theft of one's individuality without authorization, and leaking information about one's personal life if it isn't necessary. The right to privacy is a component of many legal systems that aims to prevent governmental and private activities that endanger people's privacy. The right to privacy is included in the constitutions of more than 150 countries. Despite the American Constitution's omission of the right to privacy, the Supreme Court has ruled that several of the amendments really establish this right.
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an owner can lease her building for $100,000 per year for three years. the explicit cost of maintaining the building is $35,000, and the implicit cost is $50,000. all revenues are received, and costs borne, at the end of each year. if the interest rate is 7 percent, determine the present value of the stream of:
The Account Profit formula:
Accounting Profit = Total Revenue - Explicit Cost
Accounting Profit = $100,000-$35,000
Accounting Profit = 65,000
After you find your Accounting Profit you need to use the Present Value of a Stream Formula which is:
PV = FV1/(1+i)^1 + FV2/(1+i)^2 + FV3/(1+i)^3
After plug in what you know..
PV = 65000/(1+4%)^1 + 65,000/(1+4%)^2 + 65,000/(1+4%)^3
PV = 217,859.84
So the owners Accounting Profit is 217,859.84
Economic Profit:
For Economic Profit you need to start with the Economic Profit formula:
Economic Profit = Total Revenue - (Explicit Cost+ Implicit Costs)
Economic Profit = $100,000 - (40,000+55,000)
Economic Profit = 5,000
After you have found the Economic Profit you need to use the Present Value of a Stream Formula, which is:
PV = FV1/(1+i)^1 + FV2/(1+i)^2 + FV3/(1+i)^3
After plug in what you know...
PV = 25,000/(1+7%)^1 + 25,000/(1+7%)^2 + 25,000/(1+7%)^3
PV = 26750+28622.5+30626
So the owners Economic Profit is 85999
What is economic benefit?An economic benefit or loss is the distinction between the income received from the deal of an output and the costs of all inputs utilized, as well as any opportunity costs. In calculating economic benefit, opportunity costs and express costs are deducted from revenues earned. Economic profit can be calculated as income short express costs short opportunity taken a toll. Express costs are all costs ordinarily accounted for, such as labour costs, materials costs, promoting, devaluation, and charges.
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When a project is housed within a functional division, such as manufacturing, it is called a ________ project.
When a project is housed within a functional division, such as manufacturing, it is called a functional project.
A functional structure is one in which the organisational reporting connections are divided into their respective functional areas. Divisional Structure refers to an organisational structure in which the organisational functions are divided into groups based on product or service lines, markets.
A functional structure places workers in groups according to their areas of expertise, such as placing all accountants in the accounting or revenue department. A divisional organisation organises them into different product or service lines, much as having a marketing division for every single good.
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Globalization allows individuals receive information directly from governments, political advocacy organizations, businesses, and individuals, base by removing intermediaries from our ____________?.
Globalization allows individuals receive information directly from governments, political advocacy organizations, businesses, and individuals, base by removing intermediaries from our independant place.
Globalization is a term used to describe how alternate and technology have made the sector into a greater linked and interdependent location. Globalization also captures in its scope the economic and social changes that have come approximately as a end result.
As nations have become extra interconnected, they have got had to work collectively more. For instance, nations work together to guard the surroundings or to combat terrorism. This has brought about the development of worldwide authorities. After WWII, the United international locations (UN) was formed as a sort of international authority.
Political globalization: the improvement and growing effect of worldwide groups including the UN or WHO manner governmental movement takes vicinity at a worldwide stage.
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Sure+tea+co.+has+issued+4.5%+annual+coupon+bonds+that+are+now+selling+at+a+yield+to+maturity+of+5.50%+and+current+yield+of+5.00%.+what+is+the+remaining+maturity+of+these+bonds?
A coupon bond is a specific kind of bond that has attached coupons and makes periodic interest payments (usually annually or semi-annually) during its life as well as its par value upon maturity.
Coupon will equal to 45As
YTM=5.50 PV = 45/0.05=900=NPER(0.055,45,-900,1000)=14.91 years or 15 yearsSimply multiply the bond's face value by its yearly coupon rate to determine the annual coupon payment for the bond.
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On june 8, williams company issued an $80,000, 5%, 120-day note payable to brown industries. Assuming a 360-day year, what is the maturity value of the note?.
Assuming a year of 360 days, the maturity value of the note is $81,333.
The term notes payable can be found in the accounts receivable accounting cycle. For example, when we buy gadgets, furniture, or vehicles on credit. Usually we sign official documents, so from the buyer's point of view, these documents are notes payable. Meanwhile, for creditors, the document is a note receivable.
Notes payables are also usually issued when a customer gets a loan from a bank. Although they have varying terms, many banks will accept notes payable which bear interest on the amount borrowed.
From the above understanding there are several things that can characterize notes payable, including:
Seen from the borrower's point of viewIncrease on the credit sideIncluding passiveYou can learn more about Notes payables here brainly.com/question/21315882
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