Answer:
$40,683.60
Explanation:
For computing the issue price of the bond we use the present value formula i.e to be shown in the attachment below:
Given that,
Future value = $46,000
Rate of interest = 6% ÷ 2 = 3%
NPER = 20 years × 2 = 40 years
PMT = $46,000 × 5% ÷ 2 = $1,150
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the issue price of the bond is $40,683.60
Answer:
S/N ACCOUNT DEBIT CREDIT
1 Equipment $22,000
Cash $22,000
Being payment for new component expected to increase the
equipment’s productivity by 10% a year
2. Equipment Repairs expenses $6,250
Cash $6,250
Being payment for equipment repair
3. Equipment $14,870
Cash $14,870
Being payment for equipment repair to prolong the useful life
the asset
Explanation:
The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.
Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.
The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is expected to increase the equipment’s productivity by 10% a year.
The $6,250 paid for normal repair is a revenue items which is to be expensed against the earning of that period.
The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.
Answer:
C) 20.48%
Explanation:
I will use an example to show this:
1€ = $1
if the euro depreciates by 17%, then the exchange rate will be 0.83€ = $1
in order for the euro to recover its previous value against the dollar, it needs to increase 0.17€ / 0.83€ = 0.2048 = 20.48%
in other words, a 17% depreciation is equivalent to a 20.48% revaluation.
Answer:
A) state regulations are not always consistent.
Explanation:
The only consistent regulations in the country are those imposed by the federal government since they apply to the whole country. Many times state regulations are not consistent with federal standards or regulations. Something that might be considered OK in certain states may not be considered proper in other states.
It seems that you have missed the necessary options for us to answer this question, so I had to look for it. Anyway, here is the answer. One of the economic goals that is difficult to <span>achieve in a centrally planned economy is ECONOMIC EFFICIENCY. Hope this helps.</span>