Please list any additional qualifications, training, education, skills, or experience that you feel warrant consideration by amc
1 answer:
You might be interested in
Answer and Explanation:
The transactions 3 6 and 8 represents that the expenses are incurred which results in increased and expenses and the transaction 4 and 5 shows that there is an increased in revenue
The journal entry is shown below:
For transaction 3
Rent expense
To Cash
(Being the rent expense is paid for cash is recorded)
As the expense has debit balance so it would be increased
For transaction 6
Electricity expenses Dr
To Cash
(Being the energy usage is paid for cash is recorded)
As the expense has debit balance so it would be increased
For transaction 8
Advertising expense Dr
To Account payable
(Being the advertising expense is recorded)
As the expense has debit balance so it would be increased
For transaction 4
Account receivable Dr
To Service revenue
(Being the service is provided)
As the revenue has credit balance so it would be increased
For transaction 5
Cash Dr
To Service revenue
(Being the service provided is recorded)
As the revenue has credit balance so it would be increased
The attachment is provided for better understanding
The other transactions represent the assets, liabilities and stockholder equity
Answer:
YTM 5.2% present value: $1,023.1644
YTM 1% present value: $1,427.2169
YTM 8% present value: $830.1209
YTM 8% present value: $515.7617
Explanation:
YTM we will calculate the present value of the coupon payment
andthe maturity at each YTM rate given:
The coupon payment present value will be the present value of an ordinary annuity
Coupon payment 28 (1,000 x 2.75%)
time 20 (10 years x 2 payment per year)
rate 0.026 (YTM over 2 as the payment are semiannually)
PV $424.6800
The present value of the maturity will be the present value of a lump sum:
Maturity 1,000.00
time 20.00
rate 0.026
PV 598.48
PV c $424.6800
PV m $598.4843
Total $1,023.1644
Now, we will calculate changin the YTM the concept and formulas are the same, just the rate is diffrent:
<u>If YTM = 1% </u>
PV c $522.1540
PV m $905.0629
Total $1,427.2169
<u>If YTM = 8%</u>
PV c $373.7340
PV m $456.3869
Total $830.1209
<u>If YTM = 15%</u>
PV c $280.3485
PV m $235.4131
Total $515.7617