Answer:
Years to Maturity = 12.53
Explanation:
Coupon Rate = 7.00%
Coupon Periods = 2
Perpetuity Value = 1,041.67
Price = 1,023.46
Discounted Perpetuity Value = 455.17
Yield to Maturity = 6.72%
Annuity Value = 586.49
Discounted Face Value = 436.97
Semiannual Coupon = 35.00
Price 1,023.46
Periods to Maturity = 25.05
Semiannual Yield = 3.36%
Years to Maturity = 12.53
Answer: The profits would be shared equally
Explanation: This is because
Since there was no agreement stating how profits would be divided,then the applicable state Limited Liability Company statute will rule. Most LLC statutes states that if members do not specify how profits are to be divided, they will be divided equally. As long as no operating agreement or LLC statute addressed the particular issue, the partnership law applys which also indicates that profits should be divided equally among the owners of a firm unless it was specified otherwise.
Answer:
B) –2%
Explanation:
The total return on an investment is calculated by,
Total Return = Capital gains ÷ Initial Investment x 100
First we will have to calculate capital gains of his investment,
He got 600 in dividends and 4,300 after selling the stock against the initial investment of $5,000.
So capital gains,
= 600 + 4,300 - 5,000
= -100
Total Return would be,
= -100 / 5,000 x 100
= -2% is the total return on his investment.
Answer:
$252,000
Explanation:
Calculation for the cost of goods sold for the Askew Company for the year ending June 30, 2021.
First step is to calculate the Net Purchase
Purchases 259,000
Less Purchase discounts (7,900)
Less Purchase returns (11,900)
Add Freight-in 20,800
Net purchase 260,000
Now let calculate the cost of goods sold
Inventory, 7/1/2020 33,900
Add 260,000
Less inventory balance ($41,900)
Cost of goods sold $252,000
Therefore the cost of goods sold for the Askew Company for the year ending June 30, 2021 will be $252,000
