Answer:
$100,890
Explanation:
To determine the value of the debt we must calculate the present value of the note:
present value = future value of the note / (1 + interest rate)⁵
present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685
present value = $100,890
All of them. Trust me :)) I read that whole chapter in that first section
Answer:
B) Stable monetary unit concept
Explanation:
Based on the information given the concepts or principles of accounting that was being violated is called STABLE MONETARY UNIT CONCEPT reason been that this type of accounting principle believe that the dollar purchasing power should often be stable or fixed regardless of the increase or rise in market price which is inflation which is why an accountant will often ignore the impact of inflation on goods and services based on the assumption of the principle of STABLE MONETARY UNIT CONCEPT.
Therefore Tate corporation has violated the accounting principle of STABLE MONETARY UNIT CONCEPT by adjusting the building amount that was purchase in 1970 in the Accounting record from the amount of $30,000 to the amount of $75,000 due to the effect of inflation.
Answer: Participatory leadership
Explanation:
Participatory leadership was considered a controversial and tedious way to lead the troops. The old view of leadership was the hierarchal which was style based on hierarchy, then participatory leadership was not common.
Overtime, due to problems encountered within the corporate sphere and after the reduction in customers trust, participatory leadership is now more popular. It is the style that encourages employees to give their ideas and inputs in the company's decision making. The staff gives useful information on company issues.
<span>The type of bond Frank has purchased is "subordinated debenture".
</span>Other names or terms that are used for this type of bond are; subordinated<span> debt, </span>subordinated<span> loan, </span>subordinated bond,<span> or junior debt.
Subordinated debenture is a sort of bond that refers to an unsecured and gives bondholders a claim optional to that of other assigned bondholders concerning both salary and resources.
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