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Semiannual coupon = 10%*$100/2 = $5 Since it is one-year semiannual bond, it pays two coupons, one at six months from now and the other at maturity when the bank account will be
Why index numbers serve as economic barometers?
Why is an increase in inventory shown as a negative amount? A rise in stock indicates that a company has purchased more goods than it has sold. Increasing stock requires a money
How would you journalize this transaction? Purchased used truck for $6,240, paying $3,120 cash and the balance on account.
grade inflation
What are the major advantages of the Single Entry System? Ans. A Single Entry system is considered to be the most simplest method to record the financial transaction, only cash bo
how to find 1st quartile from the graph of more than ogive type, please reply me with an example
Generally Accepted Accounting Principles-GAAP: GAAP is an Americanized term for the accounting standards and procedures that need to be followed by companies while compiling their
Bugsy?s Haulers, is considering the purchase or lease of a fuel tanker. The Purchase Option The purchase price is R4 000 000. This will be paid off as follows: R2 5
Someone tries to increase the magnetic field inside a coil by adding more turns to the coil. Where should he add more turns: to the end of the coil (i.e., to make it longer) or to
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