What happens when you hold a bond until its maturity date?
A. YOU RECEIVE THE FACE VALUE OF THE BOND
B. YOU RECEIVE WHATEVER YOU INITIALLY PAID FOR THE BOND
C. YOU RECEIVE THE FACE VALUE OF THE BOND AND ANY INTEREST THAT HAS ACCRUED SINCE THE LAST INTEREST PAYMENT
D. YOU RECEIVE WHATEVER YOU INITIALLY PAID FOR THE BOND PLUS ANY INTEREST THAT HAS ACCRUED SINCE THE LAST INTEREST PAYMENT
Answers
When you hold a bond until its maturity date, you typically receive the face value of the bond and any interest that has accrued since the last interest payment.
Holding a bond until its maturity date means keeping the bond investment until the specified maturity date stated in the bond agreement.
At maturity, the bond issuer is obligated to repay the bondholder the face value of the bond, which is the initial principal amount invested.
Additionally, the bondholder is entitled to receive any interest that has accrued since the last interest payment. This interest is typically paid periodically, such as semi-annually or annually, depending on the terms of the bond.
Therefore, holding a bond until maturity ensures that you receive the full face value of the bond and any accrued interest that has accumulated over the bond's holding period.
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Related Questions
The ______________________ principle for determining when income is generated provides taxpayers with an objective measure for valuing the transaction and w. the wherewithal to pay the taxes when cash is involved
Answers
The realization principle for determining when income is generated provides taxpayers with an objective measure for valuing the transaction and with the wherewithal to pay the taxes when cash is involved.
The realization principle is a fundamental principle in accounting that determines when revenue or income should be recognized in financial statements. According to this principle, revenue is recognized when it is earned and realized or realizable. In other words, revenue is recognized when goods or services are provided to customers and payment is received or expected to be received.
The realization principle is important for determining the amount of taxes that taxpayers owe on their income. By recognizing income when it is earned and realized or realizable, taxpayers can accurately calculate their taxable income and pay the appropriate amount of taxes. Additionally, by recognizing income when cash is involved, taxpayers have the necessary funds to pay their taxes when they become due.
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A small business earns a profit of $6500 in January and $17,500 in May. What is the rate of change in profit for this time period? Explain.
Answers
The rate of change in profit for this period is 169.23%.
What is the rate of change?The rate of change shows the ratio or proportionality by which a value changes in relation to another.
We can determine the rate of change by dividing the difference in value by the former value and multiplying the quotient by 100.
Profit earned in January = $6,500
Profit earned in May = $17,500
Change in profit = $11,000 ($17,500 - $6,500)
Rate of change = 169.23% ($11,000/$6,500 x 100)
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lef evaluation of your work.
Activity
Choose two consumer protection laws and, in about 500 words, describe the benefits they provide for consumers and the costs to society.
Answers
The two consumer protection acts are the Federal Food, Drug, and Cosmetic Act and Truth in Lending Act. The benefits of the acts are discussed as below.
What is Consumer protection?Consumer protection refers to the protection of the buyers from the low quality commodity and products that are hazardous to life. It also includes to safeguard the customers from the unfair practices.
The Federal Food, Drug, and Cosmetic Act states that the legislation oversees the degree of quality for this food, pharmaceuticals, medical equipment, and cosmetic items manufactured and purchased by American customers.
The truth in Lending Act is a federal statute that permits borrowers to make certain claims about consumer credit conditions and rates. Its standards govern open-end lines of credit, shuttered personal loans, retail lending, and private financing to universities.
Therefore, it can be included that Federal Food, Drug, and Cosmetic Act and Truth in Lending Act are the laws meant to protect the customers.
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The previous balance on your business credit card was $420.87. Then you purchased a new chair for your office that cost $120.63. For the next billing cycle, you paid $380. What is the remaining balance on your business card?
Answers
Answer:
$-79.76
Explanation:
Answer:
$161.50
Explanation:
Curtis purchased stock with an initial share price of $140, and sold it when the share price was $119. While he owned the stock, he earned $10 in dividends. What was his total percentage return on the investment?
Answers
Answer:
i think it is 31 i hope this helps brainlist pls
What needs to happen to the money supply to recession?
Answers
Answer:
In order for your money suppy to recession you need credit.
Explanation:
Your credit needs to be good.
one difference between structural stagnation and a business cycle is
Answers
Structural stagnation and the business cycle represent distinct economic phenomena with different characteristics. Structural stagnation refers
long-term condition characterized by persistently low economic growth, reduced productivity gains, and limited technological progress. It is inadequate investment in human capital, or regulatory burdens. In contrast, the business cycle reflects short-term fluctuations in economic activity, including periods of expansion and contraction. These cycles are typically driven by factors like changes in consumer spending, business investment, and monetary policy. While structural stagnation represents a more prolonged and systemic issue, the business cycle represents the natural ebb and flow of economic activity over shorter periods, often influenced by temporary shocks and policy responses.
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Formal business reports involve considerable effort in all three phases of the writing process. Be sure to follow best practices and writing tips when writing formal reports.
Read the scenario, and then answer the questions.
You are attending a workshop on how to compose formal reports. You are required to write down the main problem you had while composing your report. After everyone has written his or her problem down, the instructor reads them out loud to the class and asks for advice for the writer.
What is the best advice to give the writer whose report lacked a clear order?
A) Work from a good outline.
B) Make your outline as you write.
C) Write rapidly and revise as you go.
Answers
The best advice to give the writer whose report lacked a clear order would be to work from a good outline. The correct option is A.
An outline serves as a roadmap for the writer, providing a clear and logical structure for the report. Without a proper outline, the report may lack coherence, and the reader may find it difficult to follow the argument.
Working from a good outline enables the writer to organize their thoughts and ideas in a logical and meaningful way. This not only makes the report easier to follow but also ensures that all relevant information is included. It also helps the writer to avoid repetition and stay on track with the main objective of the report.
Making an outline as you write may lead to inconsistencies and repetitions, as the writer may forget what they have already written. On the other hand, writing rapidly and revising as you go may lead to a report that lacks structure and coherence, as the writer may focus more on revising the individual sentences rather than the overall structure of the report.
Therefore, the best advice for the writer whose report lacked a clear order would be to take the time to create a well-structured outline before starting to write. This will ensure that the report is clear, logical, and easy to follow, and will help the writer to convey their message effectively. Therefore the correct option will be option A.
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Final Review
Which of the following is not a type of discrimination?
A. Racial
B. Gender
C. Religious
D. Supervisor/Employee
Submit
Answers
Answer:
D: Supervisor/Employee
The correct option is D. Supervisor/Employee is not a type of discrimination.
Employers are not permitted to discriminate against job applicants on the basis of their race, color, religion, or sex. Unfair treatment or harassment can take many different forms, some of which include spreading false information about you. being unjust to you.
What is constructive discrimination?Unfair treatment can occur when a regulation or practice mistakenly singles out a certain group of individuals. "Constructive" or "adverse effect" discrimination is the term used to describe this kind of inadvertent bias. As an illustration, one business mandates that all male employees have clean-shaven faces.
As it relates to policies, programs, employment, and services offered by any organization, systemic discrimination refers to the practices, routines, and organizational culture that, frequently without intention, result in less favorable outcomes for minority groups than for the majority of the population.
You must take action if your boss' actions and crude remarks pose a threat. Speak with the human resources division of the business. If nothing changes after that, you might even think about complaining about your supervisor and the business to the labor department in your state.
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Ray lends $3,500. 00 $ 3,500. 00 to aron at a simple interest of 15% 15 % per year. Aron returned him $3,000. 00 $ 3,000. 00 and a watch after 2 2 years to clear the account. What is the price of the watch?.
Answers
The price of the watch, given the simple interest on the loan from Ray to Aron, is $ 1, 550
How to find the price of the watch?The price of the watch would be the amount that when added to the $3, 000 that was paid back, would complete the repayment of the debt of $3, 500 from Ray.
First, find the total amount to be paid back:
= Loan amount + ( Loan amount x simple interest x number of years )
= 3, 500 + ( 3, 500 x 15 % x 2 )
= $ 4, 550
The value of the watch is:
= Total to pay back - Amount brought in cash
= 4, 550 - 3, 000
= $ 1, 550
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PLEASE ANSWER
How do economists refer to deficits?
A) global value chain
B) negative balance of trade
C) positive balance of trade
D) comparative advantage
Answers
Global value chain
Explanation:
The ___________________Party believes in individual freedom and that the only purpose of government is to protect this freedom.
Group of answer choices
Democratic
Socialist
Libertarian
Communist
Answers
Check my work (2 remaining) vladimir is a manager at auttowort inc., an automotive plant in the united states. Auttowort has started expanding to other countries and is now sourcing 25 percent of its parts at a discounted rate from an automotive supplier in brazil. It has also outsourced some of its operations to india. This scenario most likely exemplifies:
Answers
Answer:
Globalization
Explanation:
Globalization can be defined as a process of integration and/or interaction between people, governments and companies all over the world. It can also be said to be the process by which people, companies or governments develops international influence.
Like the definition above, Auttowort Inc. is expanding to other countries(i.e Auttowort is starting to grow its influence in the other countries), as well as sourcing for materials from Brazil and India.
Cheers
When it is necessary to inform a customer about a delay in their order, the proper communication format should be a ______.
Answers
Answer:
Business letter
Explanation:
A BUSINESS LETTER is type of letter which a company or an organization can use to communicate with their client or with other company or organization and the main aim or purpose of a BUSINESS LETTER include the following; It help to inform a customer or a client about an order , it can be use to make inquiring and it can be use to help inform a customer or client concerning the delay in the order the Customer made from the company or the reason why the order was delay among others, which is why BUSINESS LETTER is of paramount or important it enables a company or organization to pass information to their clients or to another company.
Therefore the proper communication format a commpany or an organization can use to inform a customer about a delay in their order should be a BUSINESS LETTER.
Answer:
b
Explanation:
edge
PRO and CONS Airbnb?
Answers
Pros and Cons of staying in an Airbnb
Pros:
Larger than staying in a hotel
Less crowded
Less expensive
Cons:
The host is less trustworthy than workers at hotels for various reasons
Could be cameras in places like bathrooms or rooms to watch you
You probably will have to eat out
Differentiate organizing from organization
Answers
Explanation:
Organizing comes from the word organize which means to arrange for something to happen or to be provided
Organization is a group of people who form a business together in order to achieve a particular aim or goal
Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answers
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year 2 governmental fund financial statements
Answers
The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
What is liability?"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?
A) $500,000 B) $100,000 C) $75,000 D) $25,000
It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.
Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
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4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.
Answers
Answer: AJ, MT, RD, Jr
Explanation:
Given the following data :
AJ - 16
TM - 23
WF - 23
SW - 22
MT - 15.5
RD - 18.5
Jr - 20
LS - 23
PB - 36
Median salary can be calculated thus :
Arranging salary in ascending order of Magnitude :
15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)
Meduan salary is the 5th figure in the arrangement = £22 thousand
Therefore, those earning less than the median salary are:
AJ, MT, RD, Jr
An investment adviser representative has worked with a client and his spouse for 10 years and has an excellent relationship with the couple. The representative has been notified that the husband is unconscious and is in the hospital. The account has several open orders that have not yet been executed. What can the representative do regarding the disposition of these orders
Answers
You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?
Answers
Answer:
The change should you expect in operating cash flows next year would be 19.60%
Explanation:
In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:
change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year
change should you expect in operating cash flows=2.8*0.07
change should you expect in operating cash flows=19.60%
The change should you expect in operating cash flows next year would be 19.60%
1. Preparation of the Trail Balance
2. Preparing the financial statements
3. Errors and Correction of Errors.
1. An invoice for consultancy service provided to Running Track Club for $25,000 was left in a desk drawer unnoticed and had been omitted completely from the books. The records showed that a cash receipt for $15,000 was issued relating to this transaction while the balance was on account. The company records its consultancy fees in service revenue account.
2. Purchase of medical supplies on February 3 was for $18,000and not $1,800 as previously incorrectly reported.
3. On Feb 1 the $55,000 invested by Sample ought to have been allocated $45,000 bank account and $10,000 office equipment based on confirmation from the owner that the previous info provided was incorrectly stated.
4. Drawings of $1,000 were not recorded.
5. An electricity bill for $5,000 paid by cash was placed in a desk drawer and not presented with the first set of transactions. The company records its electricity charges in the utility expense account.
Required:
i. Record the journal entries necessary to correct each of the errors mentioned above. Narrations are not required
ii. Update the accounts and prepare the company’s Trial Balance based on both sets of information provided.
iii. Prepare the following for the month of February 2015:
1. Income statement
2. Statement of owner’s equity
3. Balance Sheet
Answers
The errors in the financial records should be corrected through journal entries, followed by updating the accounts and preparing the Trial Balance. Finally, the company can generate the income statement, statement of owner's equity, and balance sheet for the month of February 2015.
What steps are required to rectify the errors in the financial records and prepare the necessary financial statements?In this scenario, several errors were identified in the company's financial records. The errors include the omission of an invoice, incorrect reporting of a purchase, incorrect allocation of an investment, unrecorded drawings, and the omission of an electricity bill. To rectify these errors:
1. Journal entries need to be recorded to correct each error mentioned above.
2. The accounts should be updated based on the corrected information.
3. A Trial Balance should be prepared using both sets of information provided.
4. For the month of February 2015, the following financial statements should be prepared:
Income statement, which shows the company's revenue, expenses, and net income. Statement of owner's equity, which reflects the changes in the owner's capital during the month. Balance sheet, which presents the company's assets, liabilities, and owner's equity at the end of the month.By addressing and correcting these errors, the company can ensure the accuracy and reliability of its financial statements and provide a true and fair representation of its financial position and performance.
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product benefits become confirmed benefits only when the buyer indicates they are of interest.T/F
Answers
The given statement "product benefits become confirmed benefits only when the buyer indicates they are of interest." is true because a benefit is only valuable if it addresses the specific needs or desires of the buyer. When a buyer expresses interest, it confirms that the product's benefits align with their preferences or requirements, making them confirmed benefits.
Product benefits are features or qualities of a product that are intended to provide value or solve a problem for the buyer. Confirmed benefits are those that the buyer has acknowledged as important or relevant to their needs or desires.
In order for a product benefit to become a confirmed benefit, the buyer must indicate that they are interested in that benefit. This can happen through various means, such as asking questions about the benefit, expressing excitement or enthusiasm, or indicating that the benefit aligns with their priorities.
Until the buyer confirms that a product benefit is important to them, it remains a potential benefit that may or may not be relevant to their needs. As such, it is important for sellers to understand their customers' needs and priorities and tailor their product pitches accordingly to highlight the benefits that are most likely to be of interest to the buyer.
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pts As financial intermediaries, commercial banks pay their expenses and earn a profit by A. paying depositors a higher interest rate than they charge borrowers. B. paying depositors a lower interest rate than they charge borrowers. C. earning interest from their deposits at the Federal Reserve. D. Investing funds from stockholders in the stock and bond markets. E. investing funds from depositors in the stock and bond markets.
Answers
Financial intermediaries, commercial banks pay their expenses and earn a profit by paying depositors a lower interest rate than they charge borrowers. The correct option is B.
This allows them to earn a profit to cover their expenses and make a profit. This is one of the primary ways that banks function as financial intermediaries, by taking deposits from savers and lending those funds out to borrowers at a higher rate.
The difference between the interest paid to depositors and the interest charged to borrowers is known as the net interest margin and is a key component of a bank's profitability.
Neither option C nor D is accurate, as banks do not earn significant interest from deposits at the Federal Reserve or invest stockholder funds in the stock and bond markets.
Option E is partially accurate, as banks may invest some of the funds they hold from depositors in these markets, but this is not the primary way that banks earn a profit.
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You work as the sales manager for a company that sells paper supplies to businesses of all sizes. Because the profit margins are razor-thin, you need to ensure that you are getting the very best prices on all paper supplies from the manufacturers. When reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. When you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?
Answers
Answer:
Controling.
Explanation:
Analyzing the above scenario, it is possible to identify that the process of determining the reason for the higher costs and taking measures to reduce those costs is part of an organization's control management process.
It is essential that each company has a well-established control management system, as a way of positively influencing employees in the company and ensuring that all strategic activities and actions are carried out as planned to achieve organizational objectives and goals.
An effective management control process ensures that companies operate more effectively, improving organizational resource management processes, reducing costs and making management more structured and effective so that a company remains competitive and profitable in the market.
Consider the salaries of the employees of a Sheriff's Department in a rural town. In an interview, a prospective employee was told that the average salary of employees is $50,000. How might this information be misleading? Table 1 Yearly Salary for employees Salary $32,000 $32,000 $ 50,000 $ 40,000 $ 96,000 | ΣΧ =250,000 (a) Provide all relevant computations keeping in mind that you need to compute more than one type of average (measure of central tendency) to answer the questions given next. (b) How might this information be misleading? Using your answers from 3a, please justify why it is misleading to tell a prospective employee that the average salary of employees is $50,000, given the data in the table.
Answers
a. The relevant computations are as follows: Mean (average) salary: $50,000, Median salary: $40,000 and Mode salary: $32,000. b. This information might be misleading because it doesn't give a clear representation of the salaries of employees of the Sheriff's Department. The mean salary might lead a prospective employee to believe that most employees earn around $50,000 when, in fact, only one employee earns that amount, while other salaries range from $32,000 to $96,000.
a. To calculate the different measures of central tendency, we can use the following formulas:
Mean (average) = (ΣX) / n, where ΣX is the sum of all salaries and n is the number of employees.
Mean = (32,000 + 32,000 + 50,000 + 40,000 + 96,000) / 5 = $50,000
Median: The median is the middle value when the salaries are arranged in ascending or descending order.
In this case, the salaries arranged in ascending order are: $32,000, $32,000, $40,000, $50,000, $96,000.
Therefore, the median salary is $40,000.
Mode: The mode is the value that appears most frequently in the data set.
In this case, the mode salary is $32,000 because it appears twice, while the other salaries appear only once.
b. This information might be misleading because the mean salary of $50,000 suggests that all employees earn similar salaries, when in fact, the range of salaries is quite large, from $32,000 to $96,000. Additionally, the mode salary of $32,000 indicates that a significant proportion of employees earn lower than the average salary, which could be a concern for a prospective employee who may have expected a higher average salary based on the initial information they received.
Using the different measures of central tendency, we can see that the salaries are not evenly distributed, and the mean salary isn't necessarily a reflection of what most employees earn. Instead, the median or mode salary might provide a more accurate representation of the salaries of the Sheriff's Department's employees.
In conclusion, the mean, median, and mode salaries of the Sheriff's Department's employees show that the $50,000 mean salary stated might be misleading for a prospective employee because it does not reflect the range of salaries earned by the employees. Instead, the prospective employee should be given more detailed information about the salaries of the employees in the department.
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How Eager Are You for College?
Answers
Answer:
A LOT
Explanation:
BECAUSE EVERYTIME I REALLY BE WANTING TO GO TO COLLEGE TO BE SUCCESSFUL
Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated
Answers
What is a franchise business?
Answers
Analyse how the level of government intervention varies according to the type of
economic system countries operate.
Answers
Explanation:
in acapitalist economy, the government acts as regulatory and complementary body.