Answer:
B. $ 920 increase liabilities, increase expenses
Explanation:
The interest expense for the entire duration of the loan (1 year) may be determined as the product of the interest rate percentage on the principal amount borrowed.
As such, interest for the duration of the loan
= 4% * $92,000
= $3680
As at the end of the first quarter (March 31), amount of expense to be accrued
= 1/4 * $3680
= $920
To account for this,
Debit Interest expense $920
Credit Accrued Interest $920
Hence Expense increase as well as liability in form of accrued expense.
Answer:
The introduction is effective because it is setting an example of why the thesis behind the book is correct.
Mary Kay Ash, instead of introducing with a statement about her ideas, and why she believes in those, decided to tell a story about a business plan. This is a concrete form to show that under a free enterprise system, women like her, are able to succeed in the business world because they are given the freedom to do so.
When a bond is trading at a premium, then the coupon rate is higher than the current yield and the yield to maturity.
<h3>How does a bond trade at premium?</h3>
For a bond to trade at premium, the coupon rate would have to be higher than the yield to maturity and the current yield.
Such a bond would trade at premium because the present value of the bond would be more than the par value thanks to the coupon being larger than the discount rate which is the yield to maturity.
Find out more on the yield to maturity at brainly.com/question/14012047.
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Answer:
The correct option is (D)
Explanation:
Using the accumulated cash flow sign test,
- This investment is a non-simple investment.
This is because the net cash flow changes sign (to positive and back to negative) more than once, during the study period.
- There are at most 3 i* values. That is values for Internal Rate of Return. This is owing to the multiple change in sign during the period.
The correct answer is option D - Non simple investment with at most 3 values for internal rate of return (i*)
Answer:
The correct answer to the following question is option D) everyone receives different level of satisfaction from from the same good or services.
Explanation:
Utility can be defined as a measurement of satisfaction levels that a consumer experiences from the consumption of goods and services. From the above given options only D is correct as every one experiences different level of satisfaction from same good or services. Economists measures utility with a unit they refer to as util. All products doesn't produce same level of satisfaction .
