Answer:
$945,000
Explanation:
In its December 31, Year 4, balance sheet, the amount should Wynn report for the bond if it is classified as an available-for-sale security is $945,000.
<u>The reason is that logically speaking it does not make sense anymore to carry an asset or liability at a book value or indeed any other value other than the fair value,once it is classified as 'available-for-sale' because that is the market value.</u>
'Available for sale' implies that such item is out in the market and hence its market value must be used in the financial statement because that is the amount of money it is likely to realize.
<u>Most importantly, the International Financial Reporting Standards stipulate with clarity that items available for sale should be carried in the financial statements at their fair values</u>
Answer:
differentiated by quality/design
Explanation:
In this scenario the two coffee shops have different strategies for sale. While Jackie's coffee is a sit down cafe with a waiter service that takes personalised orders, Johnny's coffee sells at various kiosks it owns.
These two businesses are differentiated by quality or design. Jackie's has more quality because of the personalised service provided to customers.
Jackie uses design of a sit down cafe in one location, while Johnny's business design is to sell coffee at various locations (kiosks)
Answer:
Sid should buy the company
Explanation:
given data
dividend = $1.70 per share
constant rate = 5%
required return = 11%
growth rate increase = 6.5%
increasing the required return = 12%
solution
we get here intrinsic value of the company in both by use Gordon Growth Model that is here present value
PV = ( Do × (1 + g) ) ÷ (r - g) .......................1
here Do is current dividend and g is growth rate and r is required rate of return
so here put value in current case
PV = ( 1.7 × (1 + 0.05) ) ÷ (0.11 - 0.05)
solve it we get
PV = $29.75 .............................2
and
now put value for buying company case
so
PV = ( 1.7 × ( 1 + 0.065)) ÷ ( 0.12 - 0.065)
solve it we get
PV = $32.92 ..............................3
so Sid should go ahead buying the company
Answer:
You question is missing some data.so i am adding a sample question matching the above conditions.i hope it will help.
You have just taken out a $15,000 car loan with a 8% APR compounded monthly. The loan is for five years. When you make your first payment in one month, how much of the payment will go toward the principal of the loan and how much will go towards the interest? (Dont round intermediate steps to six decimal places)
Round answers to nearest cent
Explanation:
Please find attached file for complete answer solution and explanation of same question.
Answer:
A
Explanation:
there is no correlation between the clothes been made for customers and an increase in life expectancy
The company's efficiency is increased as a result of tailoring customers clothes to be exactly what they want.
Also, Stitch Fix contributes to GDP as a result they can contribute to global economic growth