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2 years ago

8

g he contractual rate of interest on a Bond is also known as a. the effective interest rate. b. the stated interest rate. c. the

market interest rate. d. the maturity interest rate.

1 answer:

notsponge [240]2 years ago

6 0

Answer:

B. The Stated Interest Rate.

Explanation:

<em>hope</em><em> </em><em>it</em><em> </em><em>helps</em><em> </em>^^'

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Healthy Living, a diet magazine, collected $ 240,000 in subscription revenue on June 30. Each subscriber will receive an issue

PilotLPTM [1.2K]

Answer: $120,000

Explanation:

Given that,

On June 30,

Subscription revenue collected = $240,000

Each subscriber will receive = magazine in each of the next 12 months

No. of months from July to December = 6

Here, company is using accrual method of accounting,

Amount of Subscription Revenue that has been earned by the end of December:

$=\frac{Subscription\ Revenue}{12}\times No. of months$

$=\frac{240,000}{12}\times6$

= $120,000

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3 years ago

Partners X, Y and Z have capital balances of $80, 000, $180,000 and $60,000 respectively. Immediately prior to liquidation. Tota

Marysya12 [62]

The cash distributed to Partner Z before the other partners is <em>$60,000.</em>

Data and Calculations:

Book value of assets = $320,000

Fair value of asset = $70,000

X Y Z Total

Capital balances $80,000 $180,000 $60,000 $320,000

Total assets available for distribution $390,000

Assets assumed by Z ($70,000) ($70,000)

Balance $320,000

Distribution to partners $80,000 $180,00 $60,000 $320,000

Cash distribution to partners depends on the cash realized from the assets.

Thus, the cash distributed to Partner Z before the other partners is<em> $60,000.</em>

Learn more about cash distributions to partners upon a partnership liquidation here: brainly.com/question/22693552

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2 years ago

Sharon is thinking about opening a bakery. She knows she wants to set her own hours, reduce her stress and make a profit. But sh

prisoha [69]

Starting a new business requires through and careful planning, which takes all aspects of the business into consideration. Funds for starting the business must also be available and the entrepreneur must be very disciplined and ready to put in a lot of work in order for the business to succeed.
Any step that will result in the eventual failure of the business is not a good step to take. At the early days of the new business especially, care must be taken not to take any step that will put the finances of the business in jeopardy.

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3 years ago

Read 2 more answers

Cassandra was planning a new product launch. She knew that the art department was ready to work on the promotional pieces now, b

pochemuha

Answer: The correct answer is "D. obtaining the paper".

Explanation: Obtaining the paper could take a week without jeopardizing the deadlines set for the project since manufacturing must first take the costs to the marketing strategy group so that it could set the price.

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2 years ago

A change from straight-line depreciation to double-declining-balance depreciation would be reported as__________.

sertanlavr [38]

A change from straight-line depreciation to double-declining-balance depreciation would be reported as a restatement of the prior period statements only.

The term depreciation refers to an accounting technique used to spread the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.

Depreciation expense is apportioned to charge a reasonable portion of the depreciation amount for each accounting period over the expected useful life of the asset. Depreciation includes the depreciation of assets with a predetermined useful life.

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1 year ago