Answer:
C : It is recorded for the fraction of the year to the date of the disposal.
Explanation:
Depreciation is the expense charged for providing against benefits arising through the assets. When any assets are to be sold, then depreciation is to be provided against the time period it is used as the benefit have been received for such.
Therefore, even in case of sales of the asset, the depreciation is provided for the period, it is in the books, and held in hand.
Therefore, the correct statement is:
Statement C
Answer:
$820.74
Explanation:
Rate = 11%/4 = 0.0275
Nper = 4*4 = 16
Pmt = 1000*5.4%*1/4 = $13.50
Fv = $1,000.00
Present value of bond = PV (Rate, Nper, Pmt, Fv)
Present value of bond = PV(0.0275, 16, 13.50, 1000)
Present value of bond = $820.74
So, the fair present value of the bond if market conditions justify a 11 percent, compounded quarterly is $820.74
Myra Eber traded 1,800 shares of judd company common stock with a fair market value of $86,000 for 1,000 shares of faro corporation common stock that she had bought for $75,000. This was done in accordance with a corporate restructuring plan that was implemented in year 1. Eber's realised gain and her basis in the judd stock should be $300 as a result of this swap.
The group of people who buy and sell stocks, also known as shares, which stand for ownership holdings in corporations, is referred to as a stock market, sometimes known as an equity market or share market. These securities, such as shares of private companies that are made available to investors through equity crowdfunding platforms, may be listed on a public stock exchange or solely traded privately. An investment plan is typically present when making an investment. Stockbrokers and traders can purchase and sell shares (equity stock), bonds, and other assets on a stock exchange, often known as a bourse. Stocks from numerous big businesses are traded on a stock exchange. This increases the stock liquidity and, as a result, its allure to many investors.
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Answer:
Value chain
Explanation:
As seen above, a value chain can be defined as the activities that transform raw materials into goods and services. That is the process that raw materials underwent to become something of value to end users that they can either purchase or that is edible.
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