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3 years ago

The matching principle, as applied to bad debts, requires:

1 answer:

3 0

a. that expenses be ignored if their effect on the financial statements is unimportant to users' business decisions.
Matching principle is where expenses are said to be reported accordingly within a certain period.

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On November 1, 2015, Ybarra Construction Company issued $400,000 of 5-year bonds that pay interest at an annual rate of 5%. The

s2008m [1.1K]

Answer:

the question is incomplete, but I can give two examples of interest rate being higher or lower:

For example, interest rate is 6%

PV of face value = $400,000 / (1 + 3%)¹⁰ = $297,637.57

PV of coupon payments = $10,000 x 8.5302 (PVIFA, 3%, 10 peridos) = $85,302

Market price = $382,939.57

Second example, interest rate is 4%

PV of face value = $400,000 / (1 + 2%)¹⁰ = $328,139.32

PV of coupon payments = $10,000 x 8.9826 (PVIFA, 2%, 10 peridos) = $89,823

Market price = $417,962.32

6 0

3 years ago

A parachutist jumps out of an airplane and accelerates with gravity to a maximum velocity of 58.8 m/s in 6.00 seconds. She then

arlik [135]

Answer:

From what height did the parachutist jump?

914 m

Explanation:

v = 58.8 m/s

u = 0 m/s

a = 9.81 m/s^2

t = 6.00 s

v^2 = u^2 + 2as

58.8^2 = 0 + 19.62s

s = 3457.44/19.62 = 176.22m

Upon decelerating after opening parachute;

v = 10 m/s

u = 58.8 m/s

t = 4.00

deceleration =( 58.8 - 10)/4.00 = 12.2 m/s^2

v^2 = u^2 + 2as

100 = 58.8^2 - 24.4s

3357.44/24.4 = s

s = 137.6s

Upon decending at constant velocity

distance = time*velocity = 10.0*60 = 600 m

Initial height = 600 + 137.6 + 176.22 = 913.82 m = 914 m

7 0

3 years ago

What force have caused cost and management accounting system designed decade's ago to become less relevance and less valuable fo

kherson [118]

Answer with its Explanation:

The forces that had lessened the importance of the cost and management accounting systems in today's dynamic world are as under:

The ancient bookkeeping and the costing techniques were very time consuming and the accounting systems were also not integrated with the financial accounting systems. Today we have very robust and integrated systems which helps the management of the business operations nation wide with greater security and better performance than the previous old versions.
The complexity of the organization operations have resulted in origination of additional management accounting techniques that were adapted in the form of automated software, that are used to produce management reports on daily, weekly, monthly and yearly basis. The examples include the Throughput costing, Activity based costing, Bench-marking techniques, etc.
The activities automation has led to attaining of maximum efficiency possible in some areas which wasn't possible in the past. The robots management systems, activity automation, etc has increased the fixed cost share in the total cost and the variable cost has become a very minute share of the total cost of the activity. This variable cost which is often referred to as controllable cost, is very less in percentage share of total cost today than 10 years back. In the future, we will see it as a very very very small share of total cost. This makes the today's management costing techniques obsolete and requires new solutions, new techniques, new softwares, etc. to manage the companies operations.

5 0

3 years ago

Consider a zero-coupon bond with a $1,000 face value and 15 years left until maturity. If the bond is currently trading for $46

nordsb [41]

Answer:

D. 5.19

Explanation:

Zero coupon bond is the bond which does not offer any interest payment. It is issued on deep discount price and Traded in the market on discounted price.

According to given data

Face value = F = $1,000

Year to maturity = n = 15 Years

Current price = P = $468

Yield to maturity = [ ( F / P )^(1/15) ] - 1

Yield to maturity = [ ( $1,000 / 468 )^(1/15) ] - 1

Yield to maturity = 1.0519 - 1

Yield to maturity = 0.0519 = 5.19%

7 0

3 years ago

Read 2 more answers

In reference to auto insurance, what is gap coverage<br>

worty [1.4K]

GAP insurance is the difference between the actual cash value of a vehicle and the balance still owed on the financing (car loan, lease, etc.).

6 0

3 years ago

Read 2 more answers