Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
Bond carrying value = $1,470,226
Rate of interest = 8%
Rate of interest (Semiannual ) = 4%
So, we can calculate the the bond interest expense on the first interest payment by using following formula:
The bond interest expense = Bond carrying value × rate of interest (semiannual)
By putting the value we get
= $1,470,226 × 4%
= $58,809
The system that compares actual results to a budget so that significant
deviations can be flagged and investigated further is called management by
exception
Management by exception is the type that helps the managers to focus on
the most important variances while ignoring unimportant changes between
the budget and actual results.
This is commonly used in budgets preparation to ensure that the important
factors which may affect project completion are taken into consideration to
prevent shortages.
Read more on brainly.com/question/25408603
The option that will be best in this scenario would be a <span>Parallel test.
In a parallel test, same input will be entered in two different version of simulation. By doing this, we could create multiple simulations to test several possibilities and reducing the total time needed at the same time. The downside is that this test exposes the tester to a high risk of making a mistake.</span>
Answer:
$26.50
Explanation:
The computation of the current value of the common stock is shown below:
Current price is
= Current year dividend ÷ (Required rate of return - Growth rate)
where
Current year dividend is $1.59
The Required rate of return is 12%
ANd, the growth rate is 6%
Now place these values to the above formula
So, the current price of the common stock is
= ($1.50 × 1.06) ÷ (0.12 - 0.06)
= $1.59 ÷ 0.06
= $26.50
