All warranty costs accounted for under the accrual basis of accounting go under this section unless the repair cost does not have reasonable estimation. If the repair cost does not have reasonable estimation, it goes under the cash basis for accounting. The accrual basis method of accounting is when you record transactions for revenue when earned and expenses as they are incurred.
i believe it is A, you’re welcome!
"Miranda rights" require that police inform you that you have the right to remain silent, that anything you say can be against you in court, you have the right to have a lawyer present for questioning, and if you cannot afford a layer the court can appoint one for you.
Answer: 11.14%
Explanation:
Buying price of bond = $936.05 -PV
Years investment held = n= 5*2
Rate of the Coupon = C = 8.4%
Frequency of payment = m= 2
Annual coupon = $1,000 × (0.084/2) = $42
Realized yield = i
Selling price of bond = PB = $1,048.77 = FV
Enter N= 10, PMT = $42, PV= -$936.05$, FV = 1,048.77
Answer 5.425%
The effective annual yield can be computed as:
EAY = (1+ Quoted m)^m -1
= (1+0.054)^2 - 1
=(1.054)^2- 1
=0.1114= 11.14
