Answer:
c. decreases the value of its bonds
Explanation:
There is a significant decrease in the value of the bond if the firm declares bankruptcy.
The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.
<h3>What is
cooperate stocks?</h3>
Corporate stock, can as well be described as the equity security, which serves as the instrument that is been utilized by corporations in order to raise capital.
However to purchase stock in the company, the buyer is entitled to voting rights , hence The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.
Learn more about cooperate stocks at:
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Answer:
The correct answer is debit to Bad Debt Expense.
Explanation:
Taking into account the nature of both accounts, the registration of an account receivable is considered an asset taking into account that it is a callable value for the sale of products or services on credit, for which reason it is recorded in the debit to increase the company rights. In the exposed case, where the debt is considered uncollectible after exhausting many resources, the record is to recognize an expense (debit nature), against a credit to the account receivable with the objective of recognizing in the accounting the loss in the expense and the cancellation of the right in the asset.
Answer:
The inspecting costs should be allocated to the Basic model using ABC costing is $30,600
Explanation:
The computation of the inspecting cost is shown below:
= Total number of basic model inspection + the total number of inspection
where,
Total number of basic model inspection equals to
= Number of units produced ÷ every units produced
= 3,400 units ÷ 100
= $34
And, the total number of inspection equals to
= Total inspection cost ÷ number of inspection
= $84,600 ÷ $94
= 900
The number of inspection includes
= total number of basic model inspection + the total number of luxury model inspection
= $34 + $60 (600 units ÷ 10)
Now put these values to the above formula
So, the value would equal to
= 900 × $34
= $30,600
