Answer:
$3,240
Explanation:
Calculation for the annual tax liability on the property
Using this formula
Annual tax liability= (Tax rate× Real property )
Where= Tax rate =18 million
Real property=180,000
Let plug in the formula
Annual tax liability=( .018x180000)
Annual tax liability=$3,240
Therefore the annual tax liability on the property is $3,240
Answer:
<u>Opportunities</u>
Faster and more information
When information is bountiful and disseminated speedily, investors are more confident that the financial system is strong and will be more likely to invest.
Liquidity,
Investors love being able to change their assets to physical money as soon as possible. If this is hard in a country, they will not invest.
Change in government restrictions
When Government restrictions that limit opportunities are lifted, investors come in larger numbers to take advantage of these new opportunities.
<u>Risks </u>
Financial services outside of regulation
Investors would prefer that the law is able to protect their assets and so will shun opportunities outside regulation.
Hot money
If there is too much Hot money going in and out of the economy, investors will be worried that too much money could leave the country at the slightest change in interest rates.
Information gap
Information should be widely available. If it is usually concealed from international partners, this can damage portfolios.
Interrelated international capital market
Independent Capital markets are able to withstand problems going on in other capital markets. When a nation's capital market is too interrelated with others this is risky.
Reducing risk reduction
A nation acting to reduce measures that reduce risk is a red flag. Investors want the least risky asset for a certain amount of return.
Answer:
Statements A and C are correct.
Explanation:
- Book Value per share is the value shown in the balance sheet, which is calculated by:
Formula: 
After putting values in the formula we get:
- Market value per share is calculated on the bases of prices of share according to the market. For example, if your company has $10000 share outstanding and the price in market per share is 50 then the market value would be $500000.
So, we have to calculate market value per share for that we have to reverse the actual calculation, which means we will have to divide total market value of outstanding shares by the total number of outstanding shares to get market value per share:
<em>Hence, statement A and C both are correct. </em>
Answer:
(a) Journalize the payment of the bond interest on January 1, 2022.
Since no accrued interest has been recorded, we must journalize the interest expense.
Dr Interest expense - bonds payable 60,000
Cr Cash 60,000
If the interest expense had been accrued by December 31 (like question C), then the journal entry should have been:
Dr Interest payable- bonds payable 60,000
Cr Cash 60,000
(b) Assume that on January 1, 2022, after paying interest, Carla Vista calls bonds having a face value of $195,000. The call price is 109. Record the redemption of the bonds.
Dr Bonds payable 195,000
Dr Call premium expense 17,550
Cr Cash 212,550
(c) Prepare the adjusting entry on December 31, 2022, to accrue the interest on the remaining bonds.
Dr Interest expense 40,500
Cr Interest payable - bonds payable 40,500
Globalization increases both oppurtunities like more customers and threats like competition. Supply chain members could be more spread out, but it could also lead to lower cost options.
