Answer:
<u>Retained earnings under the Balance sheet</u>
Explanation:
Making comparisons between the two inventory value when using FIFO or Average cost method=
63.0M - 47.1M = $15.9M
We see an <em>increase</em> in the ending inventory.
Thus, this increase in income has been unprecedented, and may not have been distributed to the shareholders of Adonis Industries. On the balance sheet journal entry this extra income would be indicted on the balance sheet on the retained earnings column for year 2021.
Answer:
2%
2.5%
1.67%
Explanation:
The yield can be computed using the yield formula which coupon payment divided by price.
The coupon payment=face value*coupon rate
face value is $1000
coupon rate is 2%
coupon payment=2%*$1000=$20
when price is $1000:
yield =$20/$1000=2%
when price is $800
yield=$20/$800=2.5%
when price is $1,200
yield =$20/$1,200=1.67%
In essence ,the lower the price the higher the yield as lower amount is invested in order to receive the same amount of annual coupon of $20
Answer:
Your parents go crazy because they dont know what to do about your learning issues
<u>Answer:
</u>
The following are the values with their correct matches
Pays medical bills - Liability coverage.
Pays damages to your car - Collision coverage.
Pays damages to the other car - Pays 0% damages to the other car.
<u>Explanation:
</u>
- Medical expenses are termed as a liability coverage because they certainly cannot be ignored as one cannot choose to risk his health.
- The payment done for the repairing of a car damaged due to collision is termed as collision coverage.
- One would choose to not spend on the repairing of the other car when one car is in good condition.
