Pus Calculate the current yield for each of the hands below. Round your answer to the
nearest if necessary
Using your calculations from the table below what is the current yield for a bond with
face value of $1000 with a coupon fate of 3% annually
Coupon Rate
Purchase Price
Coupon Payment
1000
3% annually
5650
30
51000
% annually
$1,300
80
4% annually
$2250
100

Asavings account that pays interest every 3 months is said to have a interest period

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Todd and jim learned that in building a business plan, it was important for them to: