Answer:
the bond interest expense for the six months ended June 30, 2021, in the amount of $10,8864
Explanation:
The computation of the interest expense is shown below
= Carrying Value of Bond × Effective interest rate
= $217,719 × 10% yield interest × 6 months ÷ 12 months
= $10,886
Hence, the bond interest expense for the six months ended June 30, 2021, in the amount of $10,8864
Therefore the second option is correct
Answer:
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Explanation:
Balanced sheet
A balance sheet is an annual report of finance that accounts at a particular time on the funds, debts or on equity of any corporation and lays the foundation of calculations for calculating return rates and determining its financial performance of the company.
The balance sheet represents the total assets of the company and how they are funded, whether through equity or by debts.
Answer:
Missing word <em>"2. What is the total sunk cost regarding the decision to buy the model 200 machine rather than the model 300 machine? 3. What is the total opportunity cost regarding the decision to invest in the model 200 machine?"</em>
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1. Differential cost of buying model 200 machine = Cost of model 200 machine - Cost of model 300 machine
= $342,000 - $373,650
= -$31,650
We'll have a savings of $31,650 if model 200 is purchased rather than model 300
2. $383,000 (The Cost of existing machine). Note: $383,000 is a sunk cost since it has already been incurred.
3. Opportunity cost is the total return of the project if the money was invested elsewhere. The Opportunity cost of investing in model 200 machine is $445,600 (Returns from the alternate project)
Answer:
True.
Explanation:
‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.
The cash flow from operating activities is generally more than the net income after taxes.
The cash flow from operating activities includes only the cash transactions relating to the operations of the business. It ignores the non-cash transactions. On the other hand, net income is derived after deducting all the expenses (paid or unpaid) from the revenue earned, pertaining to a particular period.
Example: Depreciation expense is a non-cash transaction. It is treated as follows:
While calculating cash flow from operating activities, depreciation expense is ignored (added back to the net income) as it is a non-cash transaction.
On the other hand, depreciation expense pertaining to the accounting period is deducted from revenue to calculate net income after taxes.
Thus, the cash flow from operations is generally more than the net income after taxes.
The bakery should stock 2 wedding cakes.
Solution:
Cost = $33/cake
Rev = $60
Shelter value= $30
Cost of stock out = Selling Price - Unit cost
= $60 - $33 = $27
Cost of excess inventory = Unit cost - Salvage value
= $33 - $30 = $23
The bakery will stock 2 marriage bakes as the service standard of 0.54 dropped to a combined likelihood of 0.50 and 0.80.