Answer:
$2,319,000
Explanation:
Amount
March1 $1,884,000
June 1 $1,284,000
Dec 31 $3,082,450
Capitalization period
March1
10/12×$1,884,000 =$1,570,000
June 1
7/12 $1,284,000=$749,000
Dec 31
0
Weighted Average Accumulated expenditure
March 1 $1,570,000
June1 $749,000
Dec 31 $0
Total $2,319,000
Answer:
Fiedler's contingency theory of leadership effectiveness.
Explanation:
Fiedler's contingency theory of leadership effectiveness states that one's effectiveness as a leader is determined by how leadership can match the situation at hand.
There is no single best way to lead, but leadership style is determined by the situation.
According to Fiedler's contingency theory of leadership effectiveness, leadership style is fixed and leaders will need to be put into situations that best matches their style.
The two important factors to consider in thos theory are leadership style and situational favourableness.
Answer:
C: Mutual Assent.
Explanation:
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
Hence, the criteria that parties to a contract must be in agreement is also known as mutual assent.
<em>In a nutshell, mutual assent connotes agreement, acceptance and consent to a contract by both parties. </em>
Answer:
Explanation:
- The bond has 8% coupon paid semiannually, and those bonds sell at their par value.
- Since the bond sales at par value, Market rate (Yield) = Coupon rate =8%
<u>Second bond:</u>
- Semiannual coupon amount = 1000 x 8%/2 = $40
- Time to maturity = 6 years = 12 semiannual periods
- Semiannual Yield = 8%/2 = 4%
To get price of this bond we will use PV function of excel:
= PV (rate, nper, pmt, fv, type)
= PV (4%, 12, -40, -1000, 0)
= $1053.32
- Price of this bond = $1,053.3
Answer: a. Liabilities increased by $1.0 million in 2018
Explanation:
In 2018, $9 million was used to settle the wage debt of 2017 and the remainder was used to settle the wages in 2018.
The money remaining in cash after the wage settlement was:
= 9,000,000 - 2,000,000 - 8,000,000
= -$1,000,000
This means that $1,000,000 of wages was not settled in 2018 which means that this would have to go to the Wages Payable account to signify that the company owes wages.
This account is a liability account so liabilities in 2018 would increase by $1,000,000.
