Answer:
19.05%
Explanation:
the approximate yield to maturity (YTM) formula is:
approximate YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]
- C = coupon payment = $130
- FV = face value or value at maturity = $1,000
- PV = present value or current market value = $690
- n = 10 years
approximate YTM = {$130 + [($1,000 - $690) / 10]} / [($1,000 + $690) / 2] = ($130 + $31) / $845 = $161 / $845 = 0.1905 or 19.05%
Answer:
$69,840
Explanation:
Data provided;
Month Budgeted Sales
January $120,000
February $108,000
March $132,000
April $144,000
Gross profit rate is 40% of sales it means cost of goods sold is 60% of sales
Target ending inventory levels = 30% = 0.3
Therefore,
Purchases budgeted for January total
= ( $120,000 × 0.6 ) + ( $108,000 × 0.6 × 0.3 ) - $21,600
= $72,000 + $19,440 - $21,600
= $69,840
Yes, those who are not currently active in the game, even a substitute must wait until they are cleared to enter the game to take the throw-in. There are only a certain amount of players allowed to be on the court at any given time and therefor they must make sure the person they are substituting for has left.
Answer: false
Explanation: Leading is guiding or encouraging the institution's leader to work with both the institution's purpose. It is named leadership to promote a positive mindset towards the function and objectives among the workers of the company.
A basic definition would be that leadership refers to the practice of inspiring a set of individuals to move towards a shared goal. This can involve leading staff and coworkers with a plan in a professional environment to fulfill the requirements of the business.
Thus, from the above we can conclude that Jobeth was not performing leading.
Answer:
$4,500
Explanation:
depreciation expense
= [revised cost of asset - salvage value]/[remaining life of the assets]
= [$39,000 - $3,00]/[8 years]
= $4,500
Therefore, The Depreciation expense for Year 6 is $4,500.
