Answer:
b- $2,400
Explanation:
The computation of the amount that should be recorded is given below:
= 3 months rent ÷ number of months
= $7,200 ÷ 3 months
= $2,400
Hence, the amount of rent that should be recorded is $2,400
Therefore the option b is correct
The same should be considered
Answer:
E. have a sinking fund provision
Explanation:
Callable bonds are the one wherein the issuer/borrower has an option to redeem the bonds anytime after an initial stipulated period. In case of such bonds, if the issuer decides to redeem the bonds, the holders have to accept the redemption value.
Usually, when market rate of interest on such bonds falls below the coupon rate of such bonds, the issuer redeems such bonds. Thus, such bonds are beneficial to the issuer.
Call protection refers to the period within which such bonds cannot be called or redeemed.
Sinking fund provision refers to transferring a portion of money during the duration of such callable bonds to a separate reserve known as sinking fund, which is created for the purpose of redemption of funds. So when such bonds are to be called, the total money transferred to sinking fund reserve would be raised and used for payment to bondholders.
Creation of such a reserve helps the issuer avoid the pressure of lump sum payment as periodically funds are set aside for the purpose of redemption.
Answer:
let him put it where he won't see them until It is enough for buying his wants
Answer:
$17.04
Explanation:
Book value per share of equity = $5,125,000 / 490,000 = $10.46
Market price per share = $27.50
$27.50 - $10.46 = $17.04
Answer:
C. trade surplus
Explanation:
<em>A trade surplus is a positive balance of tradewhere a country's exports exceed its imports</em>.
Trade Balance = Total Value of Exports - Total Value of Imports if Total Value of Exports is bigger than the Total Value of Imports the trade balance will be positive.
I hope you find this information useful and interesting! Good luck!
