Answer:
The bond interest expense for the year ended December 31 of the first year is $4,929
Explanation:
In order to calculate bond interest expense for the year ended December 31 of the first year we would need to calculate first the Interest Expense and the Amotization Expense as follows:
Elias Corporation issued 9% bonds with a face value of $53,000, therefore the Interest Expense = $53,000 * 9% = $4,770
The bonds are sold for $51,410 and the maturity date is December 31, 10 years from now,
Therefore Amotization Expense = ( $53,000 - $51,410) / 10 years = $159
After having calculated the Interest Expense and the Amotization Expense we can calculate the Total Bond Interest Expense as follows:
Total Bond Interest Expense = $4,770 + $159 = $4,929
5.55%
What is percentage?
In mathematics, a % is a number or ratio that is stated as a fraction of 100 (from the Latin per centum, "by a hundred"). Although the abbreviations "pct.", "pct.", and occasionally "pc" are also used, the percent sign, "%," is frequently used to indicate it. A % lacks dimensions and has no associated unit of measurement. %, which is a relative figure used to denote hundredths of any quantity. Since one percent (symbolized as 1%) is equal to one tenth of a percent, 100 percent denotes the complete amount, and 200 percent denotes twice the amount of the given percentage, By dividing the value by the entire value and multiplying the result by 100, one may determine the percentage. The percentage calculation formula is (value/total value)100%.
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Answer:
C) $3,090,000.
Explanation:
The married couple can give to each son or daughter $26,000 per year x 2 children x 5 years = $260,000
The married couple can give to each grandson or granddaughter $26,000 per year x 5 grandchildren x 5 years = $650,000
Their total tax free gifts = $260,000 + $650,000 = $910,000, so their estate will reduce to: $4,000,000 - $910,000 = $3,090,000
Answer:
a. $28,836
Explanation:
Total Material Moves (300 + 900) 1200
Rate per material move (38488/1200) 32.07333333
Allocated material moves for material handling
wall mirrors (38488/1200*300) 9622
Speciality windows (38488/1200*900) 28866
38488
Therefore, The material handling cost allocated to the speciality windows is closest to $28,836.
Answer:
Competitive advantages on cost or differentiation
Can create new high levels of profitability
Explanation:
In any company, information technology has a powerful effect on competitive advantage in either cost or differentiation. The technology affects value activities themselves or allows companies to gain competitive advantage by exploiting changes in competitive scope.
Companies need to improve the efficiency of their operations. Information systems is a tool that is used in order to achieve high levels of efficiency and productivity in business operations.