Learn more about our help with Assignments: Finance
Search & Filtering
Finance
The zambian government approved a K8 billion kwacha Covid-19 bond economic stimulus package to alleviate the pandemics impact on the economy. To this effect the central bank issued K2.67 billion covid-19 bond 27th July 2020.Assuming that the central bank issued a 5yr bond with par value of K100.00 at a price of K77.35 with a 11% coupon rate, advise as an investment consultant a client who wants to invest K50,000.00
1. The expected annualized fixed coupon income and yield rate on the bond.
2. The present value of the investment
3. The yield to maturity of the bond
1. The expected annualized fixed coupon income and yield rate on the bond.
2. The present value of the investment
3. The yield to maturity of the bond
Finance
What effect does compounding interest more frequently than annually have on (a) Future value and (b) The effective annual rate (EAR)? Why?
Finance
a. What information would you need to determine whether there are really fewer people with jobs?
Finance
What information would you need to determine whether there are really fewer people with jobs?
Finance
On January 2, 2011, Mode Corporation acquired a new machine with an estimated useful life of three years. The cost of the equipment was $40,000 with a residual value of $5,000.
a. Make journal entries of depreciation and relevant ledger accounts under the two depreciation methods listed below. Also show the impact of accumulated depreciation in balance sheet.
In each case, assume that a full year of depreciation was taken in 2011.
1. Straight-line.
2. 200 percent declining-balance.
a. Make journal entries of depreciation and relevant ledger accounts under the two depreciation methods listed below. Also show the impact of accumulated depreciation in balance sheet.
In each case, assume that a full year of depreciation was taken in 2011.
1. Straight-line.
2. 200 percent declining-balance.
Finance
On January 2, 2011, Mode Corporation acquired a new machine with an estimated useful life of three years. The cost of the equipment was $40,000 with a residual value of $5,000.
a. Make journal entries of depreciation and relevant ledger accounts under the two depreciation methods listed below. Also show the impact of accumulated depreciation in balance sheet.
In each case, assume that afull year of depreciation was taken in 2011.
1. Straight-line.
2. 200 percent declining-balance.
a. Make journal entries of depreciation and relevant ledger accounts under the two depreciation methods listed below. Also show the impact of accumulated depreciation in balance sheet.
In each case, assume that afull year of depreciation was taken in 2011.
1. Straight-line.
2. 200 percent declining-balance.
Finance
Cash In hand 72000
2 Sales returns 3200
3 Advertising expense 16000
4 Maintenance 9300
5 Accounts receivable 44000
6 Accounts payable 33000
7 Sales allowances 7500
8 Office supplies 4200
9 Sales Revenue 186000
10 Discounts allowed 8200
11 Administrative expenses 3000
12 Utilities 3600
13 Cost of goods sold 75900
14 Insurance 8000
15 Pension Fund 23000
16 Capital 146000
17 Travel 7500
18 Inventory as at 31 March 2018 64000
19 Rent 13000
20 Building and fittings 53,000
21 Land 80000
22 Bank overdraft 24000
23 Retained earnings 87000
24 Inventory as at 1 April 2017 60500
Using the information provided:
a) Prepare an Income Statement for year ended 31 March 2018 (10 Marks)
b) Prepare the Balance Sheet as at 31 March 2018 (10 Marks)
2 Sales returns 3200
3 Advertising expense 16000
4 Maintenance 9300
5 Accounts receivable 44000
6 Accounts payable 33000
7 Sales allowances 7500
8 Office supplies 4200
9 Sales Revenue 186000
10 Discounts allowed 8200
11 Administrative expenses 3000
12 Utilities 3600
13 Cost of goods sold 75900
14 Insurance 8000
15 Pension Fund 23000
16 Capital 146000
17 Travel 7500
18 Inventory as at 31 March 2018 64000
19 Rent 13000
20 Building and fittings 53,000
21 Land 80000
22 Bank overdraft 24000
23 Retained earnings 87000
24 Inventory as at 1 April 2017 60500
Using the information provided:
a) Prepare an Income Statement for year ended 31 March 2018 (10 Marks)
b) Prepare the Balance Sheet as at 31 March 2018 (10 Marks)
Finance
ARM Co. is experiencing a period of rapid growth. Earnings and dividends are expected to
grow at a rate of 8% during the next three years, and then at a constant rate of 4% thereafter.
ARM’s last dividend, which has just been paid, was Ksh2 per share. If the required rate of
return on the stock is 12%, calculate the price of the stock today
grow at a rate of 8% during the next three years, and then at a constant rate of 4% thereafter.
ARM’s last dividend, which has just been paid, was Ksh2 per share. If the required rate of
return on the stock is 12%, calculate the price of the stock today
Finance
You go into a cafe and you see on the menu that coffee costs R20.50, a muffin costs R10.29 and a sweet costs 59 cents. You order a coffee and a muffin. Your friend orders a muffin and 2 sweets. What's the correct way to work out the bill on a calculator
Finance
An investor purchases a stock for $28 and a put on the stock for $0.40 with a strike price of $24. She also sells a call on the same underlying stock for $0.40 with a strike price of $30 and with the same expiration date. What is the value of her portfolio, net of the proceeds from the options, if the stock price ends up at $35 on the expiration date?
