Answer:
D. 5.19
Explanation:
Zero coupon bond is the bond which does not offer any interest payment. It is issued on deep discount price and Traded in the market on discounted price.
According to given data
Face value = F = $1,000
Year to maturity = n = 15 Years
Current price = P = $468
Yield to maturity = [ ( F / P )^(1/15) ] - 1
Yield to maturity = [ ( $1,000 / 468 )^(1/15) ] - 1
Yield to maturity = 1.0519 - 1
Yield to maturity = 0.0519 = 5.19%
Answer:
It provides definite objective for evaluating performance
Explanation:
Budgeting: It can be defined as the process of deciding an efficient way of spending money.
A budget is a financial plan which shows the estimation of income and expenditure over a specified future period of time. A budget can be made by an individual, business organzations or government of a country.
A budget can either be surplus or deficit.
1. A surplus budget is a budget in which the estimate of income is more than expenditure.
2. A deficit budget is a budget in which the estimate of expenditure is more than income.
Benefits of budgeting includes;
1. It provides definite objectives for evaluating performance.
2. It requires all levels of management to plan ahead on a recurring basis.
3. It facilitates the coordination of activities.
Answer:
a) Adjustment of (16,000) in the operating section.
Explanation:
While preparing the operating activities section of the cash flow statement, the net income, depreciation expense, amortization expense, loss on sale of an asset should be added and the profit on sale should be deducted
So there is the loss of $30,000 that should be added and the gain on sale should be deducted i.e. $46,000
So there is an adjustment of -$16,000 in the operating activities section
Charitable donations or giving from a corporate entity is frequently described as genuine altruism. This is because they are giving without expecting something in return.
Consumer buying is the day to day purchases people make in their daily lives such as groceries, gas, clothing, services, etc.
Organizational buying involves purchasing goods and services that will be used in the production of the end product that will be sold to consumers.
