Answer:
$1,069
Explanation:
Data provided in the given question
Future value = $1,000
Coupon bond = 6.9%
Time period = 5 years
The computation of price paid is shown below:-
Amount Paid = Principal Amount + Call premium
= $1,000 + 6.9% × $1,000
= $1,069
Therefore, for calculating the amount paid we simply add principal amount add call premium.
The Management Discussion and Analysis section of the annual report can best be described as <u>c. Biased but informative</u>.
<u>Explanation</u>:
Biasing is an unfair activity in which the person favors one side and opposes the other. Biased people always exhibit prejudiced thinking.
These kinds of people think only from their side and they don’t think <u>“out of the box”</u>.
The management will be always biased when discussing about the annual report. The report provided by them in the discussion will be informative. But still it will be favored for someone and opposing another person.
Answer:
C. $ 168 comma 000
Explanation:
The computation of the residual income is shown below:
= Operating income - minimum return
where,
Operating income is $600,000
And, the minimum return equal to
= Invested asset amount × minimum rate of return
= $3,600,000 × 12%
= $432,000
Now put these values to the above formula
So, the value would equal to
= $600,000 - $432,000
= $168,000
We simply applied the above formula
Answer:
The correct answer is letter "D": annually.
Explanation:
The trial balance is a worksheet where all the balances of all the accounts are listed where the sum of all debits must equal the sum of all credits. The trial balance is an accuracy check reflecting the transactions in the general ledger were recorded correctly.
The post-closing trial balance lists the permanent account balances that the company has to transfer for the next accounting period. Both the trial balance and the post-closing trial balance are reported once a year before preparing the company's financial statements.
