answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mnenie [13.5K]
1 year ago
5

A newly issued 20-year maturity, zero-coupon bond making annual coupon payments is issued with a yield to maturity of 8% and fac

e value $1,000. Find the imputed interest income in the first, second, and last year of the bond's life.

Business
1 answer:
Natali [406]1 year ago
6 0

Answer:

1st Year = $80

2nd Year= $166.40

3rd Year= $345.26

Explanation:

Imputed Interest income in this case can be referred to where the investor does not receive any fixed annual interest payments but the bond itself has been purchased at a discount to the face value.

You might be interested in
Juan purchased shares in ABC company for​ $5,000 three years ago. During these three years he received​ $600 in dividends. He ju
7nadin3 [17]

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.

7 0
2 years ago
Harrison Industries began July with a finished-goods inventory of $48,000. The finished-goods inventory at the end of July was $
Anestetic [448]

Answer:

Option (D) is correct.

Explanation:

Given that,

Began July with a finished-goods inventory = $48,000

Finished-goods inventory at the end of July = $56,000

Cost of goods sold during the month = $125,000

Cost of goods manufactured during July:

= Ending finished goods inventory + Cost of goods sold - Beginning finished goods inventory

= $56,000 + $125,000 - $48,000

= $133,000

8 0
2 years ago
Younjin is a purchasing agent for Acme Enterprises. One of the products she is responsible for is copier paper for the company's
belka [17]

Answer:

Modified rebuy.

Explanation:

The buyer in a modified rebuy wants to change product specifications, price, delivery requirements, or other terms. The out suppliers see this as an opportunity to propose a better offer to gain some business.

Characteristics:

-buyers feel they can make significant advances if they review their buying situation on a regular basis.

-often, changes in styles, materials or even alternative solutions facilitate this review.

-Another reason for modified rebuy is dissatisfaction with present suppliers.

-new supplier was able to find the present supplier´s weaknesses and offered buyers new alternatives to fix their problems.

8 0
2 years ago
Assume a company's Income Statement for Year 12 is as follows Year 12 in 000s Income Statement Data Net Revenues from Footwear S
eimsori [14]

Answer:

C. 4.00

Explanation:

The interest coverage ratio is the same as times interest earned.

It is a the financial ratio that shows how many times over the income or earnings before interest and tax can be used to pay the interest payable in the same period.

Hence, Interest coverage

= Earnings before interest and taxes (EBIT) / Interest expense

EBIT = $580,000 - $350,000 - $45,000 - $90,000 -$15,000

= $80,000

The company's interest coverage ratio is

= $80,000/$20,000

= 4.00

6 0
2 years ago
Target's brand promise "Expect More. Pay Less" and appeal to higher-income, fashion-conscious discount shoppers illustrates the
blagie [28]

Answer:

The correct option is D. integrated cost leadership/differentiation

Explanation:

Integrated cost leadership/differentiation is a business level strategy where differentiated products are offered in market at low cost.

Differentiated product signifies the unique characteristics the customer values and cost leadership signifies that the product is offered at the lower-cost, i.e., at a margin just above average costs.  

It is useful in gaining wide customer base especially in a global frontier.

8 0
1 year ago
Read 2 more answers
Other questions:
  • Austin bought 10 shares of Apex Company for $110 each and later sold all of them at $125 each. This transaction resulted in what
    9·2 answers
  • On February 20, services valued at $60,000 relating to the organization of a corporation were performed in exchange for 1,000 sh
    9·1 answer
  • Yelk Garage uses time and materials pricing. It is setting prices for next year using the following information: Labor rate, inc
    11·1 answer
  • George has been looking into buying a bond for his portfolio. His greatest investment objective is total return. Which of the fo
    8·1 answer
  • Return to Problem Navigation Morgan Company uses the perpetual inventory system and the gross method of recording sales discount
    14·1 answer
  • A company receives $6,500 for two season tickets sold on September 1. If $2,500 is earned by December 31, the adjusting entry ma
    14·1 answer
  • On August 1, Year 1, Ant Company sold Bee Company $1,500,000 of 10-year, 6% bonds, dated July 1 at 100 plus accrued interest. On
    11·1 answer
  • A fleet repair facility has the capacity to repair 800 trucks per month. However, due to scheduled maintenance of their equipmen
    6·1 answer
  • During the ____ phase of team implementation, managers have withdrawn from the daily operations and are counseling teams. Group
    10·1 answer
  • Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!