Answer:
The $200,000 represents the revenue and the $50,000 represents the profit.
Explanation:
They can set good examples of people who practiced savings and the result it gave them. Provide seminars of the results and actual computation of savings through targeted years and the possible assets that they may possess through savings. It can also help them avoid some financial problems that they might encounter.
Answer:
(d) 20%
Explanation:
Although Benjamin Graham said in 1976 that markets were so efficient that one could not expect to identify undervalued securities consistently as he had done throughout his career, he continued to find this one variable useful. His return was 20%.
Answer:
the amount of interest expense as on June 30 is $50,000
Explanation:
The computation of the amount of interest expense as on June 30 is shown below
= Bond amount × rate of interest × number of months ÷ total number of months
= $2,000,000 × 5 months × 6 months ÷ 12 months
= $50,000
hence, the amount of interest expense as on June 30 is $50,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
