Answer:
Bonds held to maturity are recorded at the net carrying value (after any premium or discount amortization is made), but since these bonds were purchased at face value, there is no premium or discount to be amortized. The bonds should be reported at face value as non-current assets since they mature in more than 1 year.
Explanation:
all the numbers are missing, so I looked for a similar question:
Otter Creek & Co. Owns vast amount of corporate bonds. Suppose Otter Creek buys $1,200,000 of RoastCo bonds at face value on January 2, 2016. The RoastCo bond spay interest at an annual rate of 3% on June 30 and December 31, and mature on December 31, 2020. Otter Creek intends to hold the investment until maturity.
How would the bond investment be classified on December 31, 2016, balance sheet?
Explanation:
I will work and raise a foundation to help to all those in need with a non profit organization
Answer:
option C
Explanation:
In simple words, refers t the written statement that depicts the availability of funds in hand for a firm and hope they are gonna use it in future. Every organisation makes a budget so that they can use their resources in the most efficient way.
Budgets are made for the upcoming period but are based on the predictions made by the management and on the basis of past experiences. Thus, budgets should be made flexible and should be distributed to all the stakeholders as the real variable might diverge from the assumed variables. However budget should be in a realistic approach as they work as a major statement for evaluation.
Answer: Surplus
Explanation: Surplus or as commonly referred to producer surplus is the amount of utility satisfaction that a producer gets in making a sale of a good or service produced. It is calculated by subtracting the price that a producer is willing to accept from the price he or she actually receives in exchange for that commodity from the consumers.
Answer:
The quantity of newspapers sold will decline if
d. newsprint becomes more expensive.
Explanation:
The reason for this is the demand curve. The demand curve is the relationship between the price of newspaper and the quantity demanded. As price rises, people would have less capacity and willingness to buy newspaper therefore reducing the quantity sold.
Why not other options:
a. magazine prices rise- magazine is a substitute of newspaper and if price of magazine rises then people will start buying more newspaper and therefore increasing the sales of newspaper instead of declining.
b. prices are reduced- If the prices are reduced, more and more people will have capacity to buy newspaper thus increasing sales instead of reduction.
c. the printers' union makes wage concessions- If cost of manufacturing newspaper is decreased(union takes low salaries now), selling price will also be lowered. This will result in increase of sales of newspaper rather than reduction
