True because how would we live nowadays
Answer:
Different is favorable to the zero-coupon by 2.2%
I would prefer to invest in the zero-coupon as their yield is higher
Explanation:
we divide the future value of the zero coupon with ther current market value to determinate the rate
r = 0,14210 = 14.2%
the saving account yields 12% which is lower than the zero coupon rate thereofre I would be better to ivnest in the zero-coupon.
Answer:
D. 50,000
Explanation:
Units started and completed=50000-5000=45000
Ending work in process= 5000
Equivalent units of material= 50000
Answer:
addresses when and how revenue should be recognized in contracts that provide both goods and service to customers.
Explanation:
ASC 606 is a new standard that provides guidance on revenue recognition to the companies that provide goods and services to its customers. This standard is for both public and private entities. Earlier there were some variations in the revenue recognition process across different companies. The new standard has now simplified standardization in financial reporting.
Answer:
Debit Cash $6,426; credit Interest Revenue $21; credit Interest Receivable $105, redit Notes Receivable $6,300.
Explanation:
Based on the information given the appropriate journal entry that Uniform Supply should make on January 15 of the next year will be:
Debit Cash $6,426
($6300+$105+$21)
Credit Interest Revenue $21
($6300*8%*15/360)
Credit Interest Receivable $105
(6300*8%*75/360)
Credit Notes Receivable $6,300
