There is a zero coupon bond currently priced at $521.58. This bond has a par value of $1000 and matures in 9 years. What is the yield to maturity of this bond

Explanation:

Manage an organization is a complex task, which must be performed by a leader with well-developed skills. Currently, in the globalized era, where there is an intense flow of information and an extremely competitive market, there are leadership characteristics that cannot be overlooked.

In centralized organizations, there is less flexibility in the organizational structure, and power is concentrated in the hands of the highest hierarchical level of the organization, it is what can be called distance of power, which is a type of autocratic leadership where there is no greater participation decision-making.

However, this characteristic is less and less recurrent in a market marked by cultural and technological interactions.

Business management by an autocratic leader is being replaced by assertiveness, which is the characteristic of a democratic leader, whose focus is on the inclusion of people, assistance and leadership aimed at creating an organizational culture based on ethical concepts, respect and reliability .

Therefore, in the current scenario, where companies have a highly valued social responsibility, leadership must be focused on the inclusion and appreciation of employees, creating a sense of unity and appreciation so that there is a positive work environment and increase their position in the market

Answer:

Income Statement For the Month Ended March 31

Sales                                                                    $ 653,200

Cost of goods sold:

Cost of goods manufactured    $ 352,000

Less Inventory, March 31            ($ 38,880)

Total cost of goods sold                                     ($ 313,120)

Gross profit                                                         $ 340,080

Less Expenses :

Selling and administrative expenses              ($ 234,400)

Income from operations                                     $ 105,680

Explanation:

The Product cost in absorption costing includes All Manufacturing Costs. All Non-Manufacturing Costs are treated as Period Costs that are Expensed during the period of Operation.

Answer:

Smith will report an investment income of $56,000 in its income statement.

Explanation:

Based on the information given we were told that Smith made a purchased of the amount of $522,000 of Jones shares in which as of December 31, 2021, the Jones shares also had a fair value of the amount of $578,000 this means that Smith will report an investment income of $56,000 ($578,000-$522,000) in its income statement.

Answer:

loan balance after 12 years = $185409.8

Explanation:

Loan principal = $200000

interest = 10% of principal

amount paid yearly  = $21215.85

For 1st year

principal for the first year = $200000

required interest to be paid = 10% of 200000 = $20000

amount paid = $21215.85

Loan Balance after first year = (principal for first year) - (amount paid - 10% of principal ) = $198,784.15

For 2nd year

principal for the 2nd year = Loan balance after first year = $198,784.15

loan balance after 2nd year = 198784.15 - ( 21215.85 - 10% of 198784.15)

= $197568.30

same applies for the different years until the 12th year

using this formula :

Loan Balance after Nth year = [ Loan balance after (n-1) year - ( amount paid - 10% of loan balance after (n-1) year ) ]

Answer:

By asking self reflective questions like–

Would I like to work for someone else, or be my own boss?

Explanation:

By so doing, it allows you to know your strengths and can you make right job choices peculiar to you.

For example, a recent college graduate student John who is very skilled at art may examine himself to know if he prefers to open his own art collection or instead would want to work for an art collection company.

Answer:

temporary broker

Explanation:

A temporary broker is someone who is charged with responsibility of closing, or winding up the existing or pending business of a permanent or original licensed broker, in the event that, the original licensed broker dies or loses her license.

To become a temporary broker, the state's real estate licensing agency will issue a temporary license as a broker to a licensed or unlicensed person for a period of not more than ninety days and will not be extended, except on a special cases such as personal representative.

Hence, if the broker dies or loses her license, the state's real estate licensing agency may choose to appoint a TEMPORARY BROKER to close any transactions that are pending.

Answer:

Australia - Shift​ Australia's production function​ upward, create a movement up along the production function as the​ full-employment quantity of labor​ increases, and increase potential GDP

United States - Will not change potential GDP as production happens in Australia

Explanation:

Australia's production potential will rise which will be depicted by a shift upwards in the Production Possibilities Frontier (PPF) thereby leading to an increase in the full employment quality of labor and potential GDP for Australia.

As the production is happening in Australia, it will not affect potential GDP in the US.

Answer:

Is the $4,000 savings per year sufficient to cover the anticipated college expenses?

Is Linda's 529 account underfunded?

What should be the annual deposit in Lynda's 529 account to cover entirely her tuition and fees?

What will be the PV of Lynda's college tuition on her 18th birthday?

Explanation:

Lynda's 529 account will have the following balance when she is 18:

future value = annual payment x annuity factor (FV annuity factor, 8%, 8 periods) = $4,000 x 10.637 = $42,548

her parents will make 4 withdrawals:

present value = annual withdrawal x annuity factor (PV annuity factor, 8%, 4 periods)

maximum annual withdrawal = $42,548 / 3.3121 = $12,846.23

required balance = $20,000 x 3.3121 = $66,242

annual payment = $66,242 / 10.637 = $6,227.51

Answer:

Orion Flour Mills

Debit Milling Machine $64,200

Credit Accounts Payable $64,200

To record the purchase of a new machine on account, terms n/30.

Debit Freight-in $840

Debit Insurance $540

Debit Machine Installation $1,680

Credit Cash Account $3,060

To record additional expenditure on the purchase.

Debit Milling Machine $2,520

Credit Freight-in $840

Credit Machine Installation $1,680

To record the cost of additional expenditure to the Milling Machine.

Explanation:

Using the journal to account for the acquisition of a new machine by Orion Flour Mills initially records the transactions after identifying the accounts involved, and the accounts to be debited and credited respectively.

The cost of the new machine includes the additional expenditure incurred for bringing it into use.  The expenditure will include the shipment, sales tax, and installation costs.  Insurance will be excluded as it is not incurred in order to bring the machine into use.

Answer:

Issuance - January 1, 2017

Cash $16,000 (debit)

Note Payable $16,000 (credit)

December 31, 2017

Interest Expense $800 (debit)

Note Payable $3,712.19 (debit)

Cash $4,512.19 (credit)

December 31, 2018

Interest Expense $614.39 (debit)

Note Payable $3,897.80 (debit)

Cash $4,512.19 (credit)

December 31, 2019

Interest Expense $419.50 (debit)

Note Payable $4,092.69 (debit)

Cash $4,512.19 (credit)

December 31, 2020

Interest Expense $214.87 (debit)

Note Payable $4,297.32 (debit)

Cash $4,512.19 (credit)

Explanation:

The Loan Amortization Schedule is most appropriate way to solve all parts of this problem.

The first step to construction of the Amortization Schedule is to determine the payments made annually, PMT (interest and principal).

Using a Financial calculator, this can be determined as ;

Pv = $16,000

r = 5%

n = 4

Fv = $0

p/yr = 1

Pmt = ?

Thus PMT is $4,512.19.

Amortisation Schedule (Extracted from Financial Calculator)

2017

Principle Payment = $3,712.19

Interest Payment = $800

Balance =  $12,287.81

Accounting Entries :

Interest Expense $800 (debit)

Note Payable $3,712.19 (debit)

Cash $4,512.19 (credit)

2018

Principle Payment = $3,897.80

Interest Payment = $614.39

Balance =  $8,390

Accounting Entries :

Interest Expense $614.39 (debit)

Note Payable $3,897.80 (debit)

Cash $4,512.19 (credit)

2019

Principle Payment = $4,092.69

Interest Payment = $419.50

Balance =  $4,297.32

Accounting Entries :

Interest Expense $419.50 (debit)

Note Payable $4,092.69 (debit)

Cash $4,512.19 (credit)

2020

Principle Payment = $4,297.32

Interest Payment = $214.87

Balance =  $0

Accounting Entries :

Interest Expense $214.87 (debit)

Note Payable $4,297.32 (debit)

Cash $4,512.19 (credit)

Answer:

a. If she begins saving today; How much money will she have when she is 65?

Assuming that the student started saving the day of her birthday, she will have $1,825 at the end of each year. So we must find the future value of an ordinary annuity with 45 payments worth $1,825 and 9% interest rate:

FV = $1,825 x 525.85873 (FV annuity factor, 9%, 45 periods) = $959,692.18

b. If she did not start saving until she was 45 years old, how much would she have at 65?

FV = $1,825 x 51.16012 (FV annuity factor, 9%, 20 periods) = $93,367.22

c. How much must the 45-year-old deposit monthly to catch the 20-year old?

$959,692.18 = annuity payment x 51.16012

annuity payment = $959,692.18 / 51.16012 = $18,758.60

Answer:

Corrected total assets= $3,230,000

Corrected net income= $216,000

Explanation:

Riser incorporation reported a total assets $3,200,000 and a net income of $255,000 for the Current year

Risers inventory was understated by $69,000 at the beginning of the year and $30,000 at the end of the year

The corrected amount for the total assets can be calculated as follows

= $3,200,000+$30,000

= $3,230,000

The corrected amount for the net income can be calculated as follows

= $255,000-$69,000+$30,000

= $216,000

Hence the corrected amount for total assets and net income for the year is $3,230,000 and $216,000 respectively

Answer:

Apartment

Explanation:

From the different market segmentations here, we have chosen apartment as the dwelling type where our target consumers reside mostly since they have the lowest washer and dryer hookups. This is because their low percentage here shows us that this group are in more need of our products than any of the other groups who already have them in higher percentages and therefore do not require our washers and dryer hookups as much as the apartment group

Answer: a. [tex]X[a_{n} -v^{n} a_{m} ][/tex]

Explanation:

The Present Value of the perpetuity for Seth is denoted by;

= [tex]X * a_{n}[/tex] because Seth receives it for n years.

The Present Value of the perpetuity for Susan is denoted by;

=  [tex]Xv^{n} * a_{m}[/tex] because it is the value after n periods multiplied by the payments received for m periods.

The result is;

= [tex]X * a_{n}[/tex]  - [tex]Xv^{n} * a_{m}[/tex]

= [tex]X[a_{n} -v^{n} a_{m} ][/tex]

Answer:

Amounts owed to suppliers for products and/or services purchased on credit

Explanation:

Amounts owed to suppliers for products and/or services purchased on credit

Accounts Payable are due to a particular creditor when it order goods or services without paying immediately which means that you bought goods on credit.

Answer:

56.46%

Explanation:

The computation of the gross profit percentage is shown below

Gross profit percentage is

= (Sales - cost of goods sold) ÷ (Sales) × 100

where,

Sales is $850,000

And, the cost of goods sold is $344,600

Now placing these values to the above formula

So, the gross profit percentage is

= ($850,000 - $344,600) ÷ ($850,000) × 100

= $505,400  ÷ $850,000 × 100

= 56.46%

Answer:

Dec. 31

Debit Warranty Expense 14,800

Credit Warranty Payable 14,800

Explanation:

Calculation to Determine the estimated warranty expense for the year

Based on the information given we were told that Florida Keys sales has the amount of $1,450,000 with 3% sales warranty obligation, and Florida keys as well had debit Warranty Expense of the amount of $28,700 this means that the Estimated warranty expense will be calculated as;

$1,450,000 * 3% =$43,500

$43,500-$28,700=$14,800

Therefore the Journal entry will be:

Dec. 31

Debit Warranty Expense 14,800

Credit Warranty Payable 14,800

Answer:

This firm's Shut down price, That is, the price below which it is optimal for the firm to shut down is $40.

Explanation:

Shut down point is the point at which a firm or business is not able to gain any profit or benefit from the operations. Firm try to stay in the market until they reach the shut down point in business. It is a point where a business revenue just covers the variable expenses.

Answer: 500 shares at $21.00

Explanation:

A market maker is one who buys and then sells security from which the stated market is made into, and using the account of the the firm. It should be noted that a market order to buy will have to be matched in sequence.

Therefore, if a market order to buy is entered into the system for 1,500 shares, and this dealer's quote is matched, the market maker will be obligated to sell 500 shares at $21.00.

Answer:

Matthew and Lindman

a. Equity method Income for 2015:

Add 30% share of Lindman Income ($90,000 x 30%)    =    $27,000

Less share in unrealized profit in Inventory                             -2,640

Less share in cash dividends ($30,000 x 30%)                       -9,000

Less Amortization of cost of acquisition                                  -9,000

Net Income from Investment in Lindman                               $6,360

b. Equity method balance in the Investment in Lindman account at the end of 2015:

Balance in Investment in Lindman account =  $341,360

Explanation:

a) Data and Calculations:

Matthew owns 30% percent in Lindman with significant influence

Accounting of ownership interest: Equity Method

1/1/2015 Balance in the Investment in Lindman account = $335,000

Add 30% share of Lindman Income ($90,000 x 30%)    =      27,000

Less share in unrealized profit in Inventory                             -2,640

Less share in cash dividends ($30,000 x 30%)                       -9,000

Less Amortization of cost of acquisition                                  -9,000

Balance in Investment                                                          $341,360

b) Unrealized profit in Inventory:

Profit in Inventory =     $22,000 ($50,000 - 28,000)

Less Realized profit        13,200 ($22,000 x 60%)

Unrealized profit              8,800 ($22,000 x 40%)

Share of Unrealized profit $2,640 ($8,800 x 30%)

c) Matthew uses the equity method for accounting for its 30% acquisition of the outstanding stock of Lindman because it is within the 20% to 50% band for accounting for investment in a subsidiary with the method.  Secondly, Matthew has significant influence in Lindman's operations and decision making, making it additionally qualified for the equity method.

With this method, Matthew takes into account its 30% share in the Net Income of Lindman and adjusts this with its share of any unrealized profit (loss) in inventory arising from intercompany transactions.  Since Lindman has declared a cash dividend of $30,000, Matthew's share from the dividend is subtracted from the share in net income of Lindman.  The amortization cost associated with the acquisition of 30% share in Lindman is also subtracted to arrive at the net income due to Matthew, which increases its equity balance.

The complete question is attached.

Answer:

Sears Holding Corporation and Wal-Mart Stores, Inc.

1. The section of the cash flow statement that is the best predictor of a company's future profitability is the Operating Activities Section.  The reason is that the operating activities section shows the net cash from operating activities or the core business activities of the entity.  A business entity's profitability is not determined by subsidiary activities like financing and investing activities.  But it is ascertained by reviewing its operating activities which also define the mission of the business and show the strategies it can deploy to attain its goals.

2. Walmart Stores, Inc. is by far healthier than Sears Holdings Corporation, at least based on the January 30, 2016 statements of cash flows.  For instance, Walmart Stores recorded a Net Cash Flow from operations in the sum of $27,389 million while Sears recorded a negative Net Cash Flow from operations in the sum of $2,167 million.  Again, from the operating activities sections, one can see that Walmart Stores, Inc. was able to make a net income before adjustments of $15,080 million, whereas Sears Holding Corporation performed abysmally poor by incurring a net loss of $1,128 million.

Explanation:

The Sears and Walmart's statements of cash flows are one of the three main financial statements prepared and presented by Sears Holding Corporation or Walmart Stores, Inc. to its stockholders and the general public to show financial information about its activities.  Specifically, the statements of cash flows for Sears and Walmart show the flow of cash under three main activity headings: operating, financing, and investing.  

Two methods can be used by Sears and Walmart to prepare the statement.  They include the indirect method, which starts from the net income, and the direct method, which shows the cash inflows and outflows for each cash flow item for Sears and Walmart.

Answer and Explanation:

The Journal entry is shown below:-

1. Stock Investments Dr, $44,100

           To Cash $44,100

(Being purchase of stock investment is recorded)

Here we debited the stock investment as the purchase is done and we credited the cash as  it decreased the asset

2. Cash Dr, $45,700

          To Stock Investments  $44,100

           To Gain on sale of stock Investments $1,600

(Being sale of stock investment is recorded)

Here we debited the cash as it increased the asset and we credited the stock investment and gain on sale of stock investment as there is a sale of common stock

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sunland Company estimates that variable costs will be 60.00% of sales.

Fixed costs= $632,000

The selling price of the product is $5.

First, we need to calculate the unitary variable cost:

Unitary variable cost= 5*0.6= $3

Now, using the following formulas, we can determine the break-even point in units and dollars.

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 632,000 / (5 - 3)

Break-even point in units= 316,000 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 632,000 / (2/5)

Break-even point (dollars)= $1,580,000

Answer:

JK Corporation

Amount of Discount should be:

$57,270

Explanation:

a) Calculation:

Face Value = $700,000

Issue value = $642,730

Discount =       $57,270

b) JK Corporation's bond is issued at a discount when the face value of this bond is more than the issue value.  JK Corporation's bond can only be issued at a discount if the effective or market interest rate is more than the face or stated interest rate.  It is the higher market interest rate of the JK Corporation's bond that attracts investors to neglect the low stated interest rate.

Answer:

sdssds

Explanation:

ssss

Answer:

Preference for doing one thing at a time.

Explanation:

Monochronic time has a simple direct explanation which means the preference of doing one thing at a time. This is directly seen in a managerial and business organisation system or bodies; as it affects working patterns and output of employees. In a world that is seen to be globalized, cultural attitudes and behaviours of people play a crucial role in business and role of output or success of a person. This is said to be so because of time perception tend to change peoples orientation and personal organisations towards meeting, work and some other social functions. The time a European appears to a meeting(on time or minutes before) is different from that of an African(minutes or hours behind schedule).

Answer:

It will take approximately 25.70 months for the the account to be paid off.

Explanation:

Assuming the customer pays at the end of every month, the relevant formula to use is therefore the formula for calculating the present value of an ordinary annuity as follows:

PV = P * [{1 - [1 / (1 + r)]^n} / r] …………………………………. (1)

Where;

PV = Present value or current balance = $11,000

P = Monthly repayment = $500

r = interest rate = 1.2%, or 0.012

n = number of months = ?

Substitute the values into equation (1) and solve for n, we have:

11,000 = 500 * [{1 - [1 / (1 + 0.012)]^n} / 0.012]

11,000 / 500 = {1 - [1 / (1 + 0.012)]^n} / 0.012

22 * 0.012 = 1 - 0.988142292490119^n

0.264 =  1 - 0.988142292490119^n

0.988142292490119^n = 1 - 0.264

0.988142292490119^n = 0.736

Loglinearizing both sides, we have:

n * log (0.988142292490119) = log (0.736)

n = log (0.736) / log (0.988142292490119)

n = -0.133122185662501 / -0.00518051250378013

n = 25.70

Therefore, it will take approximately 25.70 months for the the account to be paid off.

Answer:

$1140.28

Explanation:

The computation of the net present value of this investment is shown below:-

= Annual Cash flows × Present Value of Annuity Factor (r , n) - Initial Investment

as

Annual cash flows = $8600

Present Value of Annuity Factor (r , n)

r = 10% and n = 4 years

So, the Present Value of Annuity Factor will be the sum of the present value of 4 years at 10%

For Year 1 = 0.9091

For Year 2 = 0.8264

For Year 3 = 0.7513

For Year 4 = 0.6830

Total = 3.1698

Therefore,

Net Present Value = (Cash inflow × Total) -

Initial Investment

= ($8600 × 3.1698) - $26,120  

= $27,260.28 - $26,120

= $1140.28

Answer:

March 1,

DR Accounts Receivable - Amelia $30,200  

     CR  Sales revenue  $30,200  

March 6,

DR Sales return and allowances $900  

     CR Accounts Receivable  $900

March 11,

DR Cash $28,714  

DR Sales discounts $586  

    CR Accounts Receivable - Amelia  $29,300

Workings

Sales Discounts - 2/10 net 45 means a disount of 10% if Amelia pays within 45 days. She did.

= 29,300 * 2%

= $586

Answer:

10.24%

Explanation:

We can use fisher formula to calculate the real rate of return. The fisher equation is given as under:

(1 + i) = (1 + r) * (1 + h)

Here

Nominal Interest Rate is i

Real Interest Rate is r and is 6%

And Current Inflation Rate is 4%

By putting values, we have:

(1 + i) = (1 + 6%) * (1 + 4%)

(1 + i) = (1.06) * (1.04)

(1 + i) = 1.1024

i = 1.1024  - 1 = 10.24%

The nominal interest rate that I would suggest is 10.24%.