Answer:
The answer is: None of the options are correct.
Explanation:
Debt instruments don´t offer residual claims to future cash payouts.
Bonds with call provisions don´t have lower coupon rates than otherwise identical bonds. Generally if the bond issuer decides to redeem the bond earlier they will pay the bondholder a premium over their face value.
Bondholders don´t enjoy a direct voice in company decisions. They have the right to receive financial statements of the company and in case of bankruptcy they hold first rights to the distribution of assets.
Bonds are low risk investments that don´t do well in inflationary periods. The inflation rate adjusts the real interest rates a bond will earn, sometimes turning them negative real interest rates.
Preferred shareholders are not the first investors to be repaid in bankruptcy liquidation. Bondholders are the first investors to be repaid in bankruptcy liquidation.
Answer:
Dr amortization expense $14,500
Cr Copyright asset $14,500
Dr amortization expense $6,250
Cr Patent asset $6,250
Explanation:
First of all,a goodwill with an indefinite life is not depreciable,hence no adjusting journal entries would be prepared in respect of the goodwill.
However,the copyright would be amortized using the lower of useful life of 6 years and legal life of 30 years,the amortization expense for the year is shown below:
amortization charge=$87,000/6 years=$14,500
The patent is to amortized in the way as the as the copyright the lower of useful life and legal life.
amortization charge=$30,000/4 years*10/12=$6250
The patent was only used for 10 months in the year
Generally, a small-business owner follows four steps to develop the pro forma income statement:
Establish a sales projection
Set up a production schedule
Calculate your other expenses
Determine your expected profit
After using your sales projection as a starting point, you calculate the cost of goods sold if you are selling a physical product.
I would also suggest looking at trade organizations and asking other small business owners to help forecast costs.
Answer:
B. depository institution.
Explanation:
Depository financial institutions provide customers with a wide range of financial services. They accept customer's deposits, issue loans, process checks, facilitate local and international payment, among others.
Depository financial services comprise commercial banks that are profits oriented and not-for-profit institutions such as credit unions and thrift institutions. Commercial banks charge a higher interest rate on loan issued than credit unions. However, banks can issue bigger loans than credit unions.
Answer:
net loss means expenses is ____ gross profit?
a. <em>g</em><em>r</em><em>e</em><em>a</em><em>t</em><em>e</em><em>r</em><em> </em><em>t</em><em>h</em><em>a</em><em>n</em><em> </em>
<em><u>→</u></em><em><u>b</u></em><em><u>.</u></em><em><u> </u></em><em><u>l</u></em><em><u>e</u></em><em><u>s</u></em><em><u>s</u></em><em><u> </u></em><em><u>t</u></em><em><u>h</u></em><em><u>a</u></em><em><u>n</u></em>
<em>c</em><em>.</em><em> </em><em>e</em><em>q</em><em>u</em><em>a</em><em>l</em><em>s</em>
<em>d</em><em>.</em><em> </em><em>n</em><em>o</em><em>n</em><em>e</em><em> </em><em>o</em><em>f</em><em> </em><em>t</em><em>h</em><em>e</em><em> </em><em>a</em><em>b</em><em>o</em><em>v</em><em>e</em>
Explanation:
<em><u>#</u></em><em><u>C</u></em><em><u>a</u></em><em><u>r</u></em><em><u>r</u></em><em><u>y</u></em><em><u> </u></em><em><u>O</u></em><em><u>n</u></em><em><u> </u></em><em><u>L</u></em><em><u>e</u></em><em><u>a</u></em><em><u>r</u></em><em><u>n</u></em><em><u>i</u></em><em><u>n</u></em><em><u>g</u></em>
⤵
Choi Eunbyul <3
