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ra1l [238]
2 years ago
13

When the effective-interest method of amortization is used for a bond premium, the amount of interest expense for an interest pe

riod is calculated multiplying the:.
Business
1 answer:
gayaneshka [121]2 years ago
5 0

The amount of interest expense for an interesting period is calculated by multiplying the carrying value of the bonds at the beginning of the period by the effective interest rate.

Amortization is an accounting approach used to periodically decrease the ebook value of a loan or an intangible asset over a fixed time frame. Concerning a mortgage, amortization focuses on spreading out mortgage bills through the years. When applied to an asset, amortization is similar to depreciation.

Amortized price is an accounting approach in which all economic properties need to be suggested on a stability sheet at their amortized fee that is identical to their acquisition general minus their essential payments and any reductions or charges minus any impairment losses and change variations.

Input the corresponding values in cells B1 thru B3. In cellular B4, input the components "=-PMT(B2/1200, B3*12, B1)" to have Excel routinely calculate the monthly charge. As an example, in case you had a $25,000 mortgage at 6.5 percent annual hobby for 10 years, the month-to-month fee could be $283.87.

Learn more about the method of amortization here brainly.com/question/10561878

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You might be interested in
Ballard Company incurred a total cost of $8,500 to produce 400 units of pulp. Each unit of pulp required six (6) direct labor ho
Strike441 [17]

Answer:

$4,900

Explanation:

Given that,

Total cost at a production level of 400 units = $8,500

Each unit of pulp requires = 6 direct labor hours

Variable cost = $1.50 per direct labor hour

Total variable cost:

= Cost per direct labor hour × Direct labor hours required for each unit × No. of units produced

= $1.50 × 6 × 400

= $3,600

Total cost is sum total of total fixed cost and total variable cost.

Total cost = Total fixed cost + Total variable cost

$8,500 = Total fixed cost + $3,600

$8,500 - $3,600 = Total fixed cost

$4,900 = Total fixed cost

5 0
3 years ago
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that hi
tangare [24]

Answer:

The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

Explanation:

Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?

A. No, he should increase his consumption of both goods.

B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

C. Yes, there is no other consumption choice that will make his total benefits greater.

D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'

The explanation of the answer is now provided as follows:

Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:

MBs / Ps = MBp / Pp ……………………………. (1)

Where:

MBs = Marginal benefit from an additional soft drink = $100

MBp = Marginal benefit from an additional slice of pizza =$110

Ps = Price of a soft drink = $2

Pp = Price of a slice of pizza = $3

Subtitling the relevant values, we have:

MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50

MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67

This implies that 50 = MBs / Ps > MBp / Pp = 36.67

The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.

Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).

Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

7 0
3 years ago
Which of the following is one of the three standard sections of a governmental comprehensive annual financial report?
HACTEHA [7]

Answer:

a) Statistical.

Explanation:

The three standard sections of  a governmental comprehensive annual financial report are:

  1. Introductory
  2. Financial: includes financial statements and notes
  3. Statistical: include statistical data about relevant financial information and trends, and how they relate to government activities
7 0
3 years ago
the underwriting unit, when considering risk factors for individual and group disability insurance, will review the "carrier his
Greeley [361]

The underwriting unit, when considering risk factors for individual and group disability insurance, will review the "carrier history" of the group. The factors might the underwriters consider are stability, longevity, and price shopping.

Some major financial organizations, including banks, insurance companies, and investment firms, offer underwriting (UW) services, in which they guarantee payment in the event of harm or financial loss and accept the financial risk for responsibility resulting from such guarantee.

In a number of circumstances, such as insurance, security concerns in a public offering, and bank loans, an underwriting arrangement may be established. The underwriter is the person or organization that consents to sell a minimum quantity of the company's securities in exchange for a commission.

Once an underwriting agreement has been reached, the underwriter is responsible for the cost of keeping the underlying securities on its books while also taking on the risk of not being able to sell them.

To learn more about underwriting refer to:

brainly.com/question/16295218

#SPJ4

8 0
1 year ago
Balance this redox reaction<br>Br2+NaOH → NaBr02+NaBr + H2O​
nevsk [136]

Answer:

2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O

Explanation:

<u>Step-1:</u>

Br₂ + NaOH → NaBrO₂ + NaBr + H₂O

<u>Step-2:</u>

Elements. LHS RHS

Br 2 2

Na 1 2

O 1 3

H 1 2

<u>Step-3:</u>

Elements L.H.S R.H.S

Br 2 × 2 4

Na 1 × 4 4

O 1 × 4 4

H 1 × 4 2 × 2

<u>Step-4:</u>

Elements L.H.S R.H.S

Br 4 4

Na 4. 4

O 4. 4

H 4 4

<u>Step-5:</u>

<u>2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O</u>

<u>-TheUnknown</u><u>S</u><u>cientist</u>

5 0
2 years ago
Read 2 more answers
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