Answer:
The property would be given to the next available direct relation of his who happens to be his sister. This is because, most property are shared among siblings. Since Smith's sister is one of his sibling, she is entitled to receive the property.
Explanation:
Answer:
D
Explanation:
D. Mandatory spending has increased as the population has gotten older and the Social Security and Medicare programs have expanded.
Answer:
the holding period return is 3.77%
Explanation:
The computation of the holding period return is shown below:
Holding period return is
= (Income + (Selling price - Purchase price)) ÷ Purchase price
= ($3 + ($52 - $53)) ÷ 53
= 3.77%
Hence, the holding period return is 3.77%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Stated interest rate
Explanation:
The stated interest rate is the rate of interest in which the value of the cash interest that has to paid on each date of interest
The value of the cash interest paid could be determined by applying the following formula
= Face value of the securities × Stated interest rate
Therefore as per the given situation, the stated interest rate is the answer and the same is to be considered
Answer:
There is no data given in the question, a similar question is attached with this answer and answer was made accordingly.
Comparative Statement is made in the MS Excel File which is attached with this answer, Please find it.
Explanation:
a.
All the items except the president salary are relevant to the segment A, because these costs are particularly for incurred for Seg. A. A a single unit the Segment A is making the profit of $11,000. Allocation of president salary is the major reason for the loss.
b.
Keeping Segment A makes is a more profitable decision than Eliminating the segment A. because share of president salary associated with segment A is allocated to other segments and Segment A was contributing $11,000 in the president salary at break-even. This contribution is lost when we Eliminate the Segment A.