Find yield on one year corporate bond with given face value
What is the yield on a one year corporate bond with a $1000 face value that pays a 12% annual dividend if it was purchased for $950 and held until maturity?
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Able Company purchase a machine for $35,000 on January 1, 2013. The fair market value of the machine is $42,000 and the cost to install and calibrate the machine inside it warehouse was $10,000.
Utease Corporation has many production plants across the midwestern United States. A newly opened plant, the Bellingham plant, produces and sells one product.
Compute trend percents for the individual items of both statements using 2000 as the base year. Analyze and comment on the financial statements and trend percents from part a.
A department store has budgeted sales of 12,600 men's suits in September. Management wants to have 6,600 suits in inventory at the end of the month to prepare for the winter season.
Give several examples of business activities that result in unearned revenues.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Selected ratios for three different companies that operate in three different industries (merchandising, pharmaceuticals, utilities) are reported in the table below:
The available-for-sale bond portfolio was adjusted to fair values of 102 and 101 for Elkin City and Morgan Co. bonds, respectively.
Indicate in each case whether the item has been handled in accordance with generally accepted accounting principles . If so, indicate the key basic concept that has been followed.
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