Answer:
Coupon= $27.5
Explanation:
Giving the following information:
Face value= $1,000
Coupon= semiannual payments
Coupon rate= 0.055/2= 0.0275
<u>To calculate the semiannual payment, we need to use the following formula:</u>
Coupon= face value*coupon rate
Coupon= 1,000*0.0275
Coupon= $27.5
Answer:
$1,150,000
Explanation:
Two categories of operatng assets are presented on the balance sheet: Property, plant and equipment; intangible assets.
They are presented at their acquisition cost (historical cost).
The balance sheet uses one line item for property, plant and equipment and presented the details in the notes.
Initially are recorded at acquisition cost or original cost, that include all cost normally necessary to acquire an asset and prepare it for its intended use.
A depreciation is an allocation of the original cost of an asset to the periods benefited by its use.
In this case, he total amount of property, plant, and equipment that will appear on the balance sheet is $1,150,000 because:
Land $100,000 + Buildings 800,000 + Equipment 450,000 + Furniture 100,000 - Accumulated Depreciation 300,000 = $1,150,000.
Answer:
The correct answer is :
D) slopes downward because a fall in the interest rate raises the desired real money holdings of each household and firm in the economy.
Explanation:
Remember that the 3 main factors to determine it are: real national income, interest rate, and the price level. This concepts refers to an economic measurement for all finished goods and services produced in an economy. It is the total amount of money exchanged for those ones at a specific price level.
Answer:
Option c is correct
Fixed overhead cost variance = $18,000 unfavorable
Explanation:
<em>The fixed overhead costs variance is the difference between the absorbed overheads and actual fixed cost incurred </em>
Absorbed fixed overhead =FOAR × actual output
FOAR - fixed overhead absorption rate = $8.00 per unit
Absorbed overhead = $8.00 per unit × 40,000 = $320000
Actual overhead cost <u>$338,000</u>
Fixed overhead cost variance <u> $18,000 unfavourable</u>
