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3 years ago

Brainliest + points What is bond investment?

1 answer:

6 0

A bond investment is a fixed income instrument that represents a loan made by an investor to a borrower (typically corporate or governmental). ... Bond investments are used by companies, municipalities, states, and sovereign governments to finance projects and operations. Owners of bonds are debt holders, or creditors, of the issuer.

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The company's materials price variance for April was $3,000 Favorable. Its materials quantity variance for April was $5,000 Favo

Black_prince [1.1K]

Answer:

the standard price per yard is $6.25

Explanation:

The computation of the standard price per yard is shown below;

Material quantity variance = Standard Price × (Actual quantity - Standard quantity)

-$5,000 = Standard price × (10,000 - 10,800)

Thereore Standard price = -$5,000 ÷ (-800)

= $6.25

Hence, the standard price per yard is $6.25

We simply applied the above formula so that the standard price per yield could come

5 0

3 years ago

ECG Company recorded two sales on March 1 of $20,000 and $30,000 under credit terms of 3/10, n/30 (3% discount if paid within 10

AlladinOne [14]

Answer:

In net method the discount not given is recorded as revenue and in gross method the discount allowed is recorded as expense.

Explanation:

ECG Company

Journal Entries

<u>Net Method</u>

Date Particulars Debit Credit

1 March Accounts Receivable 19400

Accounts Receivable 29,100

Sales 48500

( Calculation of net Sales ( 20,000* 3% = 600, 30,000* 3%= 900) 20,000- 600= 19,400 and 30,000- 900= 29,100)

8 Mar Cash 19400

Accounts Receivable 19400

Receipt of 20,000 Sales within discount period.

25 Mar Cash 30,000

Accounts Receivable 29,100

Interest Revenue 900

Receipt of payment after discount time period.

<u>Gross Method</u>

1 March Accounts Receivable 20,000 Dr

Accounts Receivable 30,000 Dr

Sales 50,000 Cr

Transactions of Sales on gross method. Here discount is not calculated unless given.

8 Mar Cash 19400 Dr

Discount Allowed 600 Dr

Accounts Receivable 20,000 Cr

Receipt of 20,000 Sales within discount period.

25 Mar Cash 30,000 Cr

Accounts Receivable 30,000 Cr

Receipt of Sales of 30,000 after the discount period.

6 0

3 years ago

3. Hari Seldon is planning for his retirement 6 years from now. He plans to deposit $30000 each year for 6 six years (i.e., 6 de

erik [133]

Answer:

a) $231,468.30

b) $209,259.56

c) 9.59%

Explanation:

a) to calculate FV, n=6,I=10, pv=0 and pmt=30000

b) to calculate effect of inflation On FV

N=6, I =6 (nominal interest less inflation), pv=0 and pmt=30000

c) [(231468.30-209259.56)/231468.30]x100

5 0

2 years ago

"________ remained one of the leading causes of death among persons 25-44 years of age in the u.s. accounting for 19 percent of

Leokris [45]

The answer is "HIV/AIDS".

HIV stands for Human immunodeficiency virus infection and refers to a virus or infection that attacks on our immune system and on the off chance if it is untreated, immune system of a person will be totally demolished. AIDS stands for acquired immune deficiency syndrome and alludes to a set of indications and diseases that happen at the exceptionally last phase of HIV contamination. Testing routinely for HIV implies you can get to treatment if you require it and remain healthy.

6 0

3 years ago

A cash-basis taxpayer made a bona fide, nonbusiness loan to an acquaintance in year 1. At the end of year 2, it is determined th

frozen [14]

Answer:

None of the loss amount in year 2 will be deductible

Explanation:

Based on the information given How the loss will be treated for tax purposes in year 2 is that the LOSS amount will NOT be deductible in Year 2 reason been that tax payer can only collect the deduction in bad debt in the year the bad debt has no real value and become un-useful.

Secondly the tax payer should not wait till the debt is due before knowing whether the bad debt has no real value reason been that bad debt will has no real value when there is no hope that the debt amount that is owed will be paid which is why to a limited extent a non business bad debt that has no real value will not be deductible.

Therefore How the loss will be treated for tax purposes in year 2 is that None of the loss amount in year 2 will be deductible

3 0

3 years ago