The answer for this question is: C. <span>Payment of interest and expenses
In reporting cash flow, an indirect method will use accrual method to present cash from the operation on the cash flow statement
Which means that the rate of interest and expense will be added together over period of time.</span>
Answer:
b. $524.94
Explanation:
We need to solve for the PTM of a 6 year annuity with quarterly payment discount for 6.25% compounding quarterly as well:
PV $10,438.8800
time 24 (6 years x 4 quarter per year)
rate 0.015625 8 ( 0.0625 / 4 )
The payment every quarter will be for:
PTM $ 524.942
Answer: It is answer B.
Explanation:
I done this in class and my teacher check it
Answer:
The correct answer is D
Explanation:
ARO stands for Asset retirement obligations, it is a legal obligation which is linked or associated with the retirement of the tangible as well as long lived asset in which the method of the settlement could be conditional on the future event.
So, these are the liabilities linked with the long term asset restoration, evaluated at the fair value in the balance sheet and also increase the balance in the related account of asset.
