Answer:
$21,800
Explanation:
The computation of 4-year revenue is as shown below:-
Bond Income of 4th Year = Face amount × Bond × 1 ÷ 2
= $500,000 × 8% × 1 ÷ 2
= $20,000
Interest Revenue = Bond Income + Amount of Discount Amortized
= $20,000 + $1,800
= $21,800
Therefore for computing the interest revenue we simply bond income with the amount of discount amortized.
Answer:
devopment expense 4,000,000
software package depreicaiton expense 2,000,000
training employees expense <u> 50,000</u>
Total expenses 6,050,000
Explanation:
the cost before the knowledge of future benefit will come for the development of the software is treated as expense. The reasoning behind this is the potential uncertainty about the furture at this time. The company didn't know about the likelihood of future benefits.
The toher 8,000,000 million will be amortize over a 4-year period:
8,000,000 / 4 = 2,000,000 depreciation expense
The training wil be considered expense for the period.
Answer:
$27,500
Explanation:
The computation of the partnership loss borne by the Nelson is shown below:
= (Contributed amount by Nelson) ÷ (Firm contribution amount) × (loss incurred)
= ($50,000) ÷ ($200,000) × ($110,000)
= 0.25 × $110,000
= $27,500
The firm contribution amount would be calculated below:
= Wilson contributed amount + Pickett contributed amount + Nelson contributed amount
= $100,000 + $50,000 + $50,000
= $200,000
Answer:
A horizontal line at the market price
Explanation:
it's means that the price it receive is the same for every unit sold
I believe it is A because a credit term indicates when payment is due for sales made on an account.
I also do not know what you mean by choice B
