Answer:
$30,800
Explanation:
Data provided in the question:
Carrying value of bond = $308,000
Face value = $320,000
Interest rate = 8% = 0.08
Market rate = 10% = 0.10
Now,
Interest expense to be recognized in 2018
= ( Bond carrying value ) × ( Market rate of interest )
or
Interest expense to be recognized in 2018 = $308,000 × 10%
or
Interest expense to be recognized in 2018 = $30,800
Answer:
The answer is $1600.
Explanation:
Depreciation Expense store equipment = $1525
accumulated depreciation = $1525
Costs of goods sold = $1600
So, Merchandise Inventory = $1600.
Answer:
7.6%
Explanation:
With regards to the above, the return on total assets is calculated as;
Return on total assets = Net income ÷ Average total assets.
Given that;
Net income = $5.7 billion
Average total assets = $75 billion.
Therefore,
Return on total assets = $5.7 billion ÷ $75 billion
Return on total assets = 7.6%
Bargain's shop return on total assets is 7.6%
Answer: clientele effect
Explanation:
When stock prices moves up according to the investors goals and demands it is known as the Clientele effect. They are affected through tax, or other policies and this would affect the shares casuing the stock price to move either up or down.
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