Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 7.3 percent paid annually.If the yield to maturity is 8.6 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Current price �

Answers

Answer 1

Answer:

892.69

Explanation:

Given the following :

Par value of bond (FV) = 1000

Period (n) = 15 years

Coupon rate (r) = 7.3% annually

Yield to maturity (r) = 8.6% = 0.086

The coupon price = 7.3% of par value

Coupon price (C) = 0.073 * 1000 = 73

Current price of bond can be computed using the relation:

= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)

73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15

73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)

= 73*8.2546131 + 290.10326

= 602.5867563 + 290.10326

= 892.69


Related Questions

Which types of teams most are appropriate when the primary goal is innovation and the organization needs flexibility to cope with an uncertain environment

Answers

Answer:

Horizontal

Explanation:

An organization with a horizontal structure can be defined as that which is more flexible, dynamic and less bureaucratic, where employees have greater influence in the decision-making process and greater freedom in their work. Generally, employees need to report to only one manager and feel more motivated to contribute innovative ideas to the company due to greater autonomy and freedom at work.

Addams Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be reported on Addam's statement of cash flows?In operating activities as a source of funds.In investing activities as a source of funds.In financing activities as a source of funds.In investing activities as a use of funds.In financing activities as a use of funds.

Answers

Answer:

The answer is E. In financing activities as a use of funds.

Explanation:

In cash flow, to be a source of fund means there is cash inflow i.e cash is coming in to the business and to be a use of fund means there is cash outflow i.e cash is going out of the business the business.

Also in cash flow, we have three sections - operation, investing and financing sections.

For cash flow from operating activities, use of fund or source of fund about how a business carries its normal activities are important here.

Cash flow from investing activities is about long term Investment the company is engaging on e.g sale or Purchase of machinery.

Cash flow from financing activities is about how the company is funding the business or how the firm is repaying its shareholders for using their fund e.g payment of dividends(use of fund i.e cash outflow)

The dependence of America on gasoline and diesel-powered vehicles has had both negative and positive effects. A positive effect has been the ability to distribute goods to areas where they are not manufactured. A negative effect has been the proliferation of illegal used tire dumping. This is an example of a(n):

Answers

Answer:

Unanticipated effect.

Explanation:

The concept of unanticipated effect can be defined as those consequences that are unitended or unanticipated in affect of certain actions taken by people-or government. The term was coined by Robert K. Merton.

When the government make certain decisions, they may produce certain consequences or effects that were not intended or intentional.

In the given case, the dependence of America on gasoline and diesel-powered vehicles have both negative and positive effects. These effects are not intended but are produced as a consequence of the actions of the government.

Thus the correct answer is unanticipated effect.

decides to use the needs approach to determine how much life insurance to buy. Her cash needs are $30,000; her income needs are $140,000; and her special needs are $100,000. Ellen has the following assets: $20,000 in bank accounts, $30,000 in retirement accounts, and $40,000 in investment accounts. She does not own any individual life insurance, but she is covered by a $50,000 group life insurance policy through her employer. Judging solely from this information, how much additional life insurance (if any) should Ellen purchase

Answers

Answer:

$130,000

Explanation:

For determining the additional life insurance required first we need to follow some steps which are shown below:-

Step 1

Total needs = Cash needs + Income needs + Special needs

= $30,000 + $140,000 + $100,000

= $270,000

Step 2

Total assets held = Bank accounts + Retirement plans + Investment accounts

= $20,000 + $30,000 + $40,000

= $90,000

Step 3

Total amount of life = $270,000 - $90,000

= $180,000

and finally

Additional life insurance required =

The Total amount of life - Life insurance provided by the employer

= $180,000 - $50,000

= $130,000

On October 31, the stockholders’ equity section of Sunland Company’s balance sheet consists of common stock $696,000 and retained earnings $397,000. Sunland is considering the following two courses of action: (1) Declaring a 5% stock dividend on the 87,000 $8 par value shares outstanding (2) Effecting a 2-for-1 stock split that will reduce par value to $4 per share. The current market price is $15 per share. Prepare a tabular summary of the effects of the alternative actions on the company’s stockholders’ equity and outstanding shares.

Answers

Answer:   Please find answers in the explanation column

Explanation:

Summary of the effects of the alternative actions on the company’s stockholders’ equity and outstanding shares.

                     Before action After stock dividend After stock split

Stockholder's equity  

Paid in capital $696000 696000+ $65,250           $696,000

                                                       =$761,250

Retained earnings $397000 397000-($65,250)             $397,000

                                                          =$331,750  

Total Stockholder's

equity                 $1,093,000        $1,093,000               $1,093,000

Outstanding shares $87,000   87000 + 4,350              87000 x 2 =  

                                                          =$91, 350                      $174,000

Calculations:

stock dividend = Number of outstanding shares x percentage of dividend

= 87,000 x 5% =4,350

Amount to purchase 4,350 shares= number of shares x market value per share = 4,350 x 15= n$65,250

Number of shares after stock split of 2-for -1 = 87,000 x 2 = 174,000

An October sales forecast projects 7,000 units are going to be sold at a price of $11.50 per unit. The desired ending inventory in units is 15% higher than the beginning inventory of 1,000 units. Total October sales are anticipated to be a.$70,000 b.$80,500 c.$92,000 d.$69,000

Answers

Answer:

$80,500

Explanation:

An October sales forecast project 7,000 units which is going to be sold at the price of $11.50 for one unit

The desired ending inventory is 15% higher than the beginning inventory which is set at 1,000 units

Therefore, the total October sales can be calculated as follows

Total October sales= 7,000 × $11.50

= $80,500

Hence the total October sales is anticipated to be $80,500

When current government expenditures exceed current tax revenues and the economy is achieving full employment: Group of answer choices fiscal policy is contractionary. the full-employment budget has a deficit. the full-employment budget has neither a deficit nor a surplus. nominal GDP and real GDP are equal.

Answers

Answer: the full-employment budget has a deficit

Explanation:

When current government expenditures exceed current tax revenues and the economy is achieving full employment, it means that the full-employment budget has a deficit.

This means that the government of that particular economy is spending more than what it generates. This lead to the deficit that has been incurred.

Which of the following statements is most correct? Group of answer choices The percentage flotation cost associated with issuing new common equity is typically smaller than the flotation cost for new debt. The WACC is an estimate of the cost of all the capital a company had raised in the past. The WACC is an estimate of a company’s before-tax cost of capital. There is an "opportunity cost" associated with using retained earnings.

Answers

Answer:

There is an "opportunity cost" associated with using retained earnings hence, they are not free

Explanation:

The opportunity cost is the cost that are incurred to gain a better thing by sacrificing the other thing among the other alternatives.

And, the retained earning is the amount which is left after pay off to the shareholders

Therefore the last statement is correct both of them are associated with each other  

And the other options are incorrect

Sarah Meeham blends coffee for​ Tasti-Delight. She needs to prepare 170 pounds of blended coffee beans selling for ​$3.76 per pound. She plans to do this by blending together a​ high-quality bean costing ​$5.00 per pound and a cheaper bean at ​$2.00 per pound. To the nearest​ pound, find how much​ high-quality coffee bean and how much cheaper coffee bean she should blend

Answers

Answer:

The quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

Explanation:

Let the quantity of high-quality coffee bean = x

The price of high-quality bean = $5 per pound.

Let the cheaper coffee bean = y

The price of cheaper coffee bean = $2 per pound.

So, from the equation there are two equation can be formed.

x + y = 170

5x + 2y = 170×3.76

Now, solve both the equation for the value of x and y.

x + y = 170

x = 170-y

now insert, x = 170 – y in the below equation.

5x + 2y = 170×3.76

5 (170 – y) + 2y = 639.2

850 – 5y + 2y = 639.2

-3y = 639.2 – 850

- 3y = -210.8

y = 70.26 or the 70

now insert 70 in x = 170-y.

x = 170 – 70

x = 100

Thus, the quantity of high-quality coffee been is 100 and cheaper coffee bean is 70.

Maroji is a major exporter of dairy products. Mipon is a major exporter of heavy machinery but also has a sizeable domestic dairy industry. Since it imports a sizeable amount of heavy machinery from Mipon, Maroji, at the request of Mipon, limited the amount of dairy products it exports to Mipon each year. This is an example of

Answers

Answer:

voluntary export restraint

Explanation:

Based on the scenario being described, this is an example of a voluntary export restraint or VER for short. This term refers to a trade restriction on the quantity of a specific good that the exporting country is allowed to export to other countries and is usually a self-imposed limit. Such restrictions are usually implemented in order to seek protection from competing imports from particular countries and prevent trade barriers.

The investment approach of one of T. Rowe Price's mutual funds is: "Reflecting a value approach to investing, the fund will seek the stocks of companies whose current stock prices do not appear to adequately reflect their underlying value as measured by assets, earnings, cash flow, or business franchises." This fund is a(n):

Answers

Answer:

Active fund

Explanation:

Active funds refer to the fund in which the expertise and a lot of research are required with respect to whether the investment should be hold or not. It could be changed in terms of performance, and the market conditions

Therefore according to the given situation, since the current stock price do not display the underlying value with respect to the assets, earnings, cash flow, etc

So this represents the active fund

Ms. Marsh filed her 20X0 individual income tax return on February 15, 20X1. All her tax was paid during the year through withholding. The return was due on April 15, 20X1. During January 20X2, she discovered that she had not taken a properly substantiated charitable contribution that would have reduced her total tax by $250 on her 20X0 tax return. By what date must she file her amended return to claim a refund of the tax paid?

Answers

Answer:

April 15, 20x4

Explanation:

Ms. Marshall can file for a refund until the later of the following 3 dates:

3 years from her original tax filing (February 15, 20x4)3 years from the due date of her original tax filing (April 15, 20x4)2 years since paying her taxes (December 31, 20x2)

In this case, the later date would be April 15, 20x4

Your customer purchases FYZ 4% convertible preferred stock at $60 per share. The conversion price is $10. With the common stock now trading 1 point below parity, you know that the common shares of FYZ are trading at

Answers

Answer:

$9

Explanation:

Calculation for how much the common shares of FYZ are trading

First step is to find the conversion ratio

Using this formula

Conversion ratio =Market price of the convertible+Conversion price)/Conversion price

Let plug in the formula

Conversion ratio=$70/$10

Conversion ratio=7

Second step is to calculate for the Parity price of the common stock

Using this formula

Parity price=Market price of the convertible / conversion ratio

Let plug in the formula

Parity price=$70/7

Parity price=$10

Last step is to calculate how much the common shares of FYZ are trading

Using this formula

Common shares =Parity price-Common stock trading point

Let plug in the formula

Common shares =$10-1

Common shares=$9

Therefore the common shares of FYZ are trading at $9

When presenting solutions, Chris (a salesperson)often has to handle buyer resistance. Chris should think of buyer resistance as a(n)___________ event.
A) Negative
B) Unimportant
C) Positive
D) A buyer initiated challenge (BIC)
E) Show stopper

Answers

Answer:

C) Positive

Explanation:

Although in the question it is stated that Chris, who is a salesman, manages the buyer resistance while presenting the solutions, the Chris also thinks that buyer resistance is a positive event

Thus, in the provided scenario, option c is right, as it does not satisfy all other options available

So the right option is c.postive

The project will need an initial investment of $1,200,000 and will generate $600,000 (after-tax) cash flows for three years. However, at the end of the fourth year, the project will generate -$500,000 of after-tax cash flow due to dismantling costs. Calculate the IRR for the project if the cost of capital is 15%.

Answers

Answer:

6.53%

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated using a financial calculator

Cash flow in year 0 = $-1,200,000

Cash flow each ueaar from year 1 o 3 = $600,000

Cash flow in year 4 = $-500,000

IRR = 6.53%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

Name brand drugs are able to continue capitalizing on their market power even after generic drugs enter the market because (i) almost all people fear the generic drug companies are devoting too few resources to research and development. (ii) some people fear that generic drugs are inferior. (iii) some people are loyal to the name brand. Group of answer choices

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) (i) and (ii) only.

b) (ii) and (iii) only.

c) (i) and (iii) only.

d) (i), (ii) and (iii).

And the correct answer is the option D: (i), (ii) and (iii).

Explanation:

To begin with, the fact that the pharmaceutical industry keeps growing and that those companies with name brand drugs continue capitalizing their market power even after the generic drugs have entered the market is due to the facts that the population belives that the majority of the brands are better that those that work with generic products and because of that they also believe that those companies do not invest much in I&D because they have low demand and that reason influence in the feelings of the people who believe that the generic drugs are inferior in comparison to the other ones.

Which of the following best describes the valuation​ principle? A. The rate at which we can exchange money today for money in the future by borrowing or investing is the current market interest rate and is same across all banks. B. It is not possible to compare costs and benefits that occur at different points in​ time, in different​ currencies, or with different risks. C. The value of a commodity or an asset to a firm or its investors is determined by its competitive market price. When the value of the benefits exceeds the value of the costs in terms of market​ prices, the decision will increase the market value of the firm. D. If equivalent goods or securities trade simultaneously in different markets across the​ world, they will trade for the same price.

Answers

Answer:

C. The value of a commodity or an asset to a firm or its investors is determined by its competitive market price. When the value of the benefits exceeds the value of the costs in terms of market​ prices, the decision will increase the market value of the firm.

Explanation:

Valuation principle is the process by which fair value of an asset is evaluated. It is determined by comparing its competitive market price against its benefits.

As the benefits of an asset exceeds its cost of purchase it increases in value.

Various methods are used to value an asset based on present value and projected value.

For example an analyst can consider the future purchasing power of a stock and use this as a basis for valuation rating

started the year with total assets of $30,000 and total owner's equity of $20,000. During the year a) assets increased by $20,000, b) the business recorded $45,000 in revenues, c) the business recorded $30,000 in expenses, and d) the owner withdrew $5,000 for personal use. Liabilities at the end of the year were:

Answers

Answer:

$20,000

Explanation:

The computation of the liabilities at the end of the year is shown below:

As we know that

Total assets = Total liabilities + equity

where,

Total assets are

= Begining balance + increased assets

= $30,000 + $20,000

= $50,000

And, the equity is

= Starting balance + revenues - expenses - withdrawn amount

= $20,000 + $45,000 - $30,000 - $5,000

= $30,000

So, the liabilities is

= $50,000 - $30,000

= $20,000

Candice’s first job was at the grocery store making deli food. While in culinary school, she worked part time in a restaurant kitchen, and after finishing school, she found a position as a head chef. With her growing experience and advanced education, Candice has been able to _____.

Answers

Answer:

move up the career ladder

Explanation:

A career is a series of jobs that are related, whose foundation is based on interest, knowledge, training and experience. Moving up the career ladder means that one has continuously been growing in experience by moving from series of related jobs with fewer responsibilities to the one with more responsibilities within a specific profession.

Moving up the the career ladder also involve continuous advancement in education related to one's profession with a view to gaining more knowledge that would be applied to the chosen job hence above is an example of moving up the career ladder.

Answer:

B. move up the career ladder.

Explanation:

May I have brainliest please? :)

In one of the cases in the textbook, Michael Weinstein was the head of Coated Sales, Inc., a company that coated fabrics for use in producing things like parachutes, helmet liners, and camouflage suits. By engaging in financial shenanigans, Coated Sales moved to the top of its industry, but ultimately the good times turned into bad times, and the company declared bankruptcy. What happened to Weinstein

Answers

Answer:

The remaining part of the question is:

What happened to Weinstein?

A. After the bankruptcy, he raised new capital and started another fabric coating company.

B. He was convicted, sentenced to prison, and ordered to make restitution.

C. He cooperated with the government and became an informant against his partners who had been siphoning cash off of government contracts.

D. He was placed on probation after reimbursing the shareholders with the profits he had made on investments in the stock market.

Correct Answer:

B. He was convicted, sentenced to prison, and ordered to make restitution.

Explanation:

As a result of the frauds which Michael Weinstein committed leading to the failure of the company, he was charged to court based on the evidence gathered. Later, he was found guilty by the court leading to him being jailed.

Bill hires Andrew as a buyer's agent. Bill confides he filed for bankruptcy two years ago. Bill would like to find a seller who is willing to carry the loan. In this situation, a correct statement about Andrew's responsibility regarding disclosure of the bankruptcy when presenting the offer to purchase is that Andrew is

Answers

Answer:

d. required to disclose the bankruptcy because it is a material fact—information important to the seller's evaluation of the offer.

Explanation:

In this scenario, Bill hires Andrew as a buyer's agent. Bill confides he filed for bankruptcy two years ago. Bill would like to find a seller who is willing to carry the loan. In this situation, a correct statement about Andrew's responsibility regarding disclosure of the bankruptcy when presenting the offer to purchase is that Andrew is required to disclose the bankruptcy because it is a material fact—information important to the seller's evaluation of the offer.

As standard practice, The principal real estate broker (PREB) is obligated or required to disclose any material fact such as a bankruptcy because it is something that might influence a buyer's decision to either change his or her mind about the transaction. Hence, irrespective of the type of relationship between the principal real estate broker (PREB) and the seller, either an agency or non-agency relationship it is required to disclose the bankruptcy.

Clay buys an MP3 player for $200 and a pair of stereo speakers for $600 from a Discount City store, and downloads $300 worth of digital music from E-Music. To be enforceable, the contract that must be in writing is the purchase of

Answers

Answer:

the pair of stereo speakers

Explanation:

UCC rules and the Statute of Frauds state that any contract for the sale or lease of goods that are worth more than $500 should be in writing. The pair of speakers are worth $600, since they are worth more than $500, then any sales contract must be in writing.

The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $ 127,500 Cash dividends declared for the year 47,500 Proceeds from the sale of equipment 82,500 Gain on the sale of equipment 7,300 Cash dividends payable at the beginning of the year 19,500 Cash dividends payable at the end of the year 21,800 Net income for the year 93,500 What is the ending balance for retained earnings

Answers

Answer:

Explanation:

Retained earning is the amount of net income left for the business owners after paying out dividends to its shareholders , which can be utilized for further expansion as the strategy may require .

To calculate the retained earning for a particular period , the opening retained earning is added to the loss or profit and the dividends payout subtracted

Retained earning = Opening retained earning + net income - dividends paid

127,500+ 93,500 - 47,500

127,500+93,500 -47,500 = 173,500.

When Ira purchased 500 shares of prefeHallie owns 20% of the common stock of the Bean Brothers Coffee Company. The company announced plans to offer an additional 10,000 shares of common stock for sale. If Hallie exercises her preemptive rights, Bean Brothers must offer her the opportunity to purchase stock in the Fairlawn Corporation, his certificate indicated the stock had a par value of $50 per share. This means that Ira:________.

Answers

Complete Question:

Hallie owns 20% of the common stock of the Bean Brothers Coffee Company. The company announced plans to offer an additional 10,000 shares of common stock for sale. If Hallie exercises her preemptive rights, Bean Brothers must offer her the opportunity to purchase?

Answer:

2,000 shares

Explanation:

The preemptive rights is the equal opportunity to each shareholder to purchase a proportionate of new shares issuing at the stock exchange to retain its ownership or control position.

Halie has purchased 20% of the company's shares then, if the company is going to issue 10,000 shares of common then 20% of it will be preemptive rights given to Halie as she owns 20%. This means 2,000 share which is 20% of new share offerings would be preemptive rights.

5 years ago, an individual had invested $10,000 in an Investment Trust. Over those years, the trust has distributed $2,000, consisting of $1,600 of dividends and $400 of capital gains. The investor has reinvested these distributions in additional trust units. The investor's aggregate current cost basis in the Trust is:

Answers

Answer: $12,000

Explanation:

From the question, we are informed that years ago, an individual had invested $10,000 in an Investment Trust and that over those years, the trust has distributed $2,000, consisting of $1,600 of dividends and $400 of capital gains and also that the investor has reinvested these distributions in additional trust units.

The investor's aggregate current cost basis in the Trust will be the beginning basis which was $10,000 added to the $2000 that was distributed. This will be $12,000.

The criteria that parties to a contract must be in agreement is also known as

A: Consideration
B: Legality
C: Mutual Assent
D: Capacity

Answers

Answer:

C: Mutual Assent.

Explanation:

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.

Hence, the criteria that parties to a contract must be in agreement is also known as mutual assent.

In a nutshell, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

Company A bought Company B in 2015 and appropriately recorded $750,000 of goodwill related to the purchase. On December 31, 2019, the fair value of Company B is $5,200,000 and it is carried on Company A’s books at a total book value of $5,800,000, including the goodwill. An analysis of Company B’s assets indicates that the fair value of the net assets of the division total $5,100,000 on December 31, 2019. What goodwill impairment should be recognized by Company A in 2019?

Answers

Answer:

Company A and B

Impairment of Goodwill = $700,000

Explanation:

Goodwill on acquisition in 2015 = $750,000

Fair value of Company B in 2019 = $5,200,000

Book value of Company B in Company A = $5,800,000

Assessed fair value of Company B = $5,100,000

Goodwill impairment = $5,100,000 - $5,800,000 = $700,000

Company A's Goodwill impairment arises when the carrying amount of Goodwill in Company A exceeds the fair value of Company B.  It is important to check for impairment of goodwill annually.  The purpose of assessing goodwill for impairment is to ensure that the carrying amount of goodwill does not exceed the fair value.

An agent of a broker dealer has hired a sales assistant who is not registered. The sales assistant will answer the telephone, handle customer queries, and perform other clerical duties. All of the following arrangements for compensating the unregistered sales assistant are permitted except:_________.A. Hourly wageB. Performance bonusC. Annual salarD. production bonus

Answers

Answer:

D. production bonus

Explanation:

With regards to the above, an unregistered person cannot be compensated with commissions or pay based on production . While the unregistered sales assistant may be compensated for hourly wage, performance bonus and annual salary; he would not be compensated for production bonus because he is not allowed to partake in the commissions, or share in any fortune of the business with the agent he works for.

A production bonus unlike performance bonus(bonus paid for doing a good job), is based on the level of commissions and other fees that are earned hence not permitted for an unregistered persons or sales assistant.

A deficit on the current account:__________.a) has no relationship to the capital and financial account. b) means that a nation is making international transfers. c) normally causes a deficit on the capital and financial account. d) normally causes a surplus on the capital and financial account.

Answers

Complete Question:

A deficit on the current account:

Group of answer choices

a. normally causes a surplus on the capital and financial account.

b. normally causes a deficit on the capital and financial account.

c. has no relationship to the capital and financial account.

d. means that a nation is making international transfers.

Answer:

a. normally causes a surplus on the capital and financial account.

Explanation:

A deficit can be defined as an amount by which money, falls short of its expected or required value.

Generally, deficit in financial accounting is usually as a result of expense exceeding revenue or revenue falling below expenses at a specific period of time.

For instance, when liabilities exceeds assets or import exceeds export there would be a deficit in the financial account.

A deficit on the current account normally causes a surplus on the capital and financial account. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.

Simply stated, a deficit on the current account ultimately implies that the value of goods and services exported is lower than the value of goods and services being imported in a particular country.

The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $507 Fees Earned $3,138 Accounts Receivable 720 Insurance Expense 675 Prepaid Insurance 1,506 Land 2,220 Cash 1,948 Wages Expense 570 Dividends 508 Common Stock 4,502 Prepare a trial balance. The total of the debits is

Answers

Answer:

The debit balance of the trial balance is $8,147

Explanation:

                              Monroe Entertainment Co

                     DEBIT                                         CREDIT

   Particulars               Amount$      Particulars               Amount$

Account Receivables      720           Accounts Payable     507

Prepaid Insurance           1,506         Fee earned               3,138

Cash                                 1,948         Common stock         4,502

Dividends                         508  

Insurance Expenses         675

Land                                  2,220  

Wage Expenses               570

Total                                  $8,147        Total                         $8,147

Other Questions
On January 1, 2021, Legion Company sold $270,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $169,056, priced to yield 10%. Legion records interest at the effective rate. Legion should report bond interest expense for the six months ended June 30, 2021, in the amount of: (Round your answer to the nearest dollar amount.) Which of the following is an example of matter? Question 5 options: A) The air around you B) Your thoughts C) Radio waves D) Heat from a fire Which line is parallel to line r? line p line q line s line t what are the differences between hyperbole and personification and give one example each. If a convex lens were made out of very thin clear plastic filled with air, and were then placed underwater where n = 1.33 and where the lens would have an effective index of refraction n = 1, the lens would act in the same way a. as a flat refracting surface between water and air as seen from the water side. b. as a concave mirror in air. c. as a concave lens in air. d. as the glasses worn by a farsighted person. e. as a convex lens in air. solve the equation: 14 If a sample contained 94,000 g of the daughter isotopes where in a line graph would the sample be shown SUBJECT EARTH SCIENE The Herfindahl-Hirschman Index (HHI) is a mathematical approach to understanding market concentration that provides a single concentration indicator. What is the HHI for an industry characterized by the below noted data?a. Firm 1 has a market share of 40%b. Firm 2 has a market share of 20%c. Firm 3 has a market share of 15%d. Firm 4 has a market share of 15%e. Firm 5 has a market share of 10%HHI=___ There are approximately 2 1022 molecules and atoms in each breath we take and the concentration of CO in the air is approximately 9 ppm. How many CO molecules are in each breath we take? solution What is the best pregame meal for an athlete? A. chips and a sport drink B. hamburger with fries and a soda C. pasta with meat sauce, fruit, and milk D. steak dinner with vitamin water (1) Who was in North American before the Europeans arrived? (2) How were the Europeans able to colonize North American during the 17th cenutry? Calculate the silver ion concentration in a saturated solution of silver(I) sulfate (K sp = 1.4 10 5). 1.5 102 M 1.4 105 M 3.0 102 M 2.4 102 M None of the above. What effects did the Magna Carta have on English government? Check all that apply.It limited the power of the king.It gave the kings government more control.It established the right to a trial by jury.It led to the creation of a legislative branch.It reduced the rights of citizens. Firm J has net income of $77,605, sales of $935,000, and average total assets of $467,500. Required: Calculate Firm Js margin, turnover, and return on investment (ROI). Progressive journalists who reported on society's problems were called:O A. Coalsifters.O B. Yellow journalists.O C. Muckrakers.O D. Paparazzi. Please help...Will give brainiest Due to numerous lawsuits, major chemical manufacturer has recently experienced a market reevaluation. The firm has 15-year, 8% coupon bond, paid semiannually and par value of $1,000. The required nominal rate (yield) on this debt has now risen to 10%. What is the current price of this bond? why is operating system pivotal in teaching and learning Resources have an ethical value if A. They are used to produce goods. B. We have a right to take advantage of them. C. They are particularly beautiful. D. We have a duty to protect them. Find the perimeter of the following rectilinear figure.