Answer:
Option (d) $16,008.17
Explanation:
Data provided in the question:
The price of the Firebird in 1969 = $2,500
Price index in 1969 = 36.7
Price index in 2013 = 235
Now,
The price of the Firebird in 2013 dollars will be
= [ Price index in 2013 ÷ Price index in 1969 ] × The price of the Firebird in 1969
= [ 235 ÷ 36.7 ] × $2,500
= 6.40327 × $2,500
= $16,008.17
Hence,
Option (d) $16,008.17
The book value of the bond at the end of year 10 is 1,160
What is the basis for determining premium amortization?
The bond premium amortization is assumed to be determined using the straight-line basis such that bond premium amortized in each year is the same for 18 years of bond investment, in other words, the year 10 bond premium amortization of 20 is the same for all other years.
Total premium on bond issuance=20*18
total premium on bond issuance=360
bond price issued price=par value+ premium=1000+360=1360
As at the end of the 10th year, bond premium amortized thus far is 20 multiplied by 10 years
bond premium amortized=20*10=200
book value of the bond at the end of year 10=1360-200
book value of the bond at the end of year 10=1,160
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If the price of a product falls to what is considered a bargain price, a shortage would occur.
A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.
A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.
When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.
When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.
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Answer:
$570,000
Explanation:
Missing question: <em>"On December 31, 2022,50,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2020"</em>
Amount of compensation expense = [(33-20)*120,000*3/4] - [(30-20)*120,000*2/4]
Amount of compensation expense = [13*120,000*3/4] - [10*120,000*2/4]
Amount of compensation expense = 1,170,000 - 600,000
Amount of compensation expense = $570,000
So. the amount of compensation expense that Korsak should recognize for the year ended December 31, 2020 is $570,000.
