Answer:
The investor will most likely to report taxable income from the bond annually until maturity
Explanation:
Original issue discount tax requires that the investor make provision for part of original issue discount in his taxable income every tax year until maturity. The interest is not payable until it accrued and it is calculated as difference between the bond's par value and its original issue price.
Answer:
The present value of the loan = $38,000 * 0.7473 = $28,397.4
Explanation:
the annuity factor will not be used for the loan since the loan is not being withdrawn annually and the repayment is not also on annually basis. To get the present value of the loan, the loan will be discounted.
Answer:
Un dividendo es la distribución de algunas de las ganancias de una empresa a una clase de accionistas, según lo determine la junta directiva de la empresa. Los dividendos son pagos realizados por empresas que cotizan en bolsa como recompensa a los inversores por poner su dinero en la empresa.
Explanation:
When the boss hears about this, the employee would probably go under training or in the worst scenario can be fired. A serious company that wanted to be on top most likely wanted individuals who are willing to take different tasks and understand how the business works. The employee should learn about the business and improve.
Answer:
31 Dec 2017 Depreciation Expense $1370 Dr
Accumulated Depreciation-Riding mower $1370 Cr
Explanation:
The straight line method of depreciation charges a constant depreciation per year through out the useful life of the asset. The depreciation expense per year under straight line method is calculated as follows,
Depreciation expense = ( Cost - Salvage Value) / Estimated useful life
Thus,
Depreciation expense = (15900 - 2200) / 10
Depreciation expense = $1370 per year