Answer:
E. Preacquisition earnings are ignored in the consolidated income statement.
Explanation:
This is the statement that is true about the presentation of a consolidated financial statement. A consolidated financial statement is a statement of an entity that has several divisions or subsidiaries. Therefore, this statement would aggregate the reporting of an entity structured with a parent company and subsidiaries.
Answer:
The annual bond rate of interest = 9.8%
Explanation:
<u>A</u> denotes the annual coupon:
750.08 = A(P/A, 16%, 7) + (⁷
Annuity factor at 16% at 7 years = 4.039 (By cumulative present value table)
750.08 = 4.039 A + 353.83
4.039 A = 396.25
A = (396.25 ÷ 4.039)
A = 98.11
<u>Calculating annual bond rate:</u>
r = (98.11 ÷ 1,000) × 100
r = 9.811%
The annual bond rate being rounded off is 9.8% (answer).
There are a lot of laws. The Law of Supply states that as prices rise, the quantity supplied increases and as prices fall, the quantity supplied decreases.
<h3>What is the law of supply?</h3>
The law of supply is known to be a popular microeconomic law that states that, when all other factors are equal, the price of a good or service goes up, the quantity of goods or services that suppliers gives will also goes up, and vice versa.
The Law of Supply in simple terms is as prices rise, the quantity supplied goes up and as prices fall, the quantity supplied lowers. The law of supply makes sure that producers make a lot of money as much as possible.
Learn more about The Law of Supply from
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Answer:
$5 per unit (Standard); $500,000 per year (Budgeted)
Explanation:
Standard = $5 per unit
Budgeted = $5*100,000
= $500,000