Answer:
since the market price is lower than the offered price, you should reject this offer
Explanation:
bond's market value
PV of face value = $1,000 / (1 + 4.5%)²⁰ = $414.64
PV of coupon payments = $40 x 13.00794 (PV annuity factor, 20 periods, 4.5%) = $520.32
market price = $934.96
since the market price is lower than the offered price, you should reject this offer
Since All stock is owned by Talia, Shemp and Lola as principals, it would be classified as a municipal corporation.
<h3>What is municipal corporation?</h3>
municipal can be regarded as a corporation which is a large private corporation with many shares.
Therefore, the described corporation is a
municipal corporation because no share are sold to the public or traded on a stock exchange.
Learn more about municipal corporation at;
brainly.com/question/24186514
For each item listed the allocation terminology for the items are as follows:
Amortization: Copyrights, Patents, Trademarks and Annual licensing fees.
Depreciation: Buildings, Equipment and Land Improvements.
Depletion: None.
None of these: Land, Research and Development Costs and Franchises.
<u>Explanation:</u>
Throughout accounting, amortization applies to multiple-period distribution of revenues. The concept is used for two isolated processes: loan amortization and asset amortization. Depreciation is the reduction in asset value and the process used to redeploy or "write down" a tangible asset's expense (like equipment) over its expected life period.
Depletion is a term of accounting and taxation generally used in coal, forestry, petroleum, or other related industries. Depletion is identical to depreciation in that it is an accounting and tax tracking system for cost recovery.
Answer:
The correct answer is option (D).
Explanation:
According to the scenario, the given data are as follows:
Cash (assets) = $68
Accounts receivables ( assets ) = $142
accounts payable ( liabilities) = $235
Inventory = $318
So, we can calculate quick ratio by using following formula:
Quick ratio = Assets / Liabilities
= $68 + $ 142 / $235
= $210 / $235
= 0.89
Hence, the value of quick ratio is 0.89.
