Answer:
balance sheet
Explanation:
Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.
Answer:
YTM = 4%
Explanation:
Company (Ticker) Coupon Maturity Last Price Last Yield EST Vol (000s)
IOU (IOU) 6 Apr 19, 2034 111.44 ? 1,851
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<u>Determine the yield to maturity </u>
YTM = Rate * 2
years to maturity = 2034 - 2018 = 16 years
NPER = 2 * 16 = 32
PMT = ( face value * coupon rate ) / 2 = ( 2000 * 6% ) / 2 = 60
price of coupon ( PV ) = 2000 * 111.44% = 2228.8
Rate = 2% ( excel function : RATE(32,60,-2228.8,2000)
hence YTM = 2% * 2 = 4%
Answer:
I believe it's the second one:
Information search
Answer:
$1.19 per machine-hour
Explanation:
Variable component of the predetermined overhead rate =
Budgeted variable overhead $ 45,220
÷
Budgeted production 20,000 units ×Standard machine-hours per unit 1.90 machine-hours =38,000
Hence:
$45,220/38,000 machine-hours
= $1.19 per machine-hour
Therefore the variable component of the predetermined overhead rate is closest to: $1.19 per machine-hour
Answer:
Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders.
Explanation:
Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders. This conclusion is based on the definition of taxable dividends.