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padilas [110]
3 years ago
15

Fact Pattern:House Publishers offered a contest in which the winner would receive $1 million, payable over 20 years. On December

31, Year 4, House announced the winner of the contest and signed a note payable to the winner for $1 million, payable in $50,000 installments every January 2. Also on December 31, Year 4, House purchased an annuity for $418,250 to provide the $950,000 prize monies remaining after the first $50,000 installment, which was paid on January 2, Year 5.In its December 31, Year 4, balance sheet, at what amount should House measure the note payable, net of current portion?
A. $368,250
B. $418,250
C. $900,000
D. $950,00

Business
1 answer:
Readme [11.4K]3 years ago
3 0

Answer:

Option B: $418,250

Explanation:

<em> </em>I hope it will help you a lot!

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What is the problem the manager faces? who is the decision maker? what is the decision setting or context, and how does it influ
spin [16.1K]

The trouble the manager faces: A decision can be described as a path of motion purposely chosen from a hard and fast of options to reap organizational or managerial targets or dreams.

The definition of a manager is a person answerable for supervising and motivating personnel and for steering the progress of a business enterprise. An instance a manager is a person that is in charge of customer service deals with consumer disputes and oversees and supervises customer support dealers.

Manager . a boss is absolutely the individual above you inside the company hierarchy, even as a manager is someone who has a degree of control or obligation within the organization or employer. an MD is a person that is supervising you.

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4 0
2 years ago
Norwegian Cruises is a company that owns and manages a large fleet of ships used primarily for cruises along Norwegian fjords. F
Bezzdna [24]

Answer:

Explanation:

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4 0
2 years ago
Read 2 more answers
The time value of a call option is I) the difference between the option's price and the value it would have if it were expiring
Nat2105 [25]

Answer:

I) The difference between the option's price and the value it would have if it were expiring immediately

Explanation:

Time value in options trading simply refers to the part of an option's premium (cost or price) which is attributed to the amount of the time remaining until expiration.

An addition of the option's time value and intrinsic value equals the total premium of an option.

Therefore, we can mathematically state that:

Time Value = Option Premuim(Price) - Intrinsic Value.

The Option Premuim is an amount of money known as the price or cost.

In an exchange for the right granted by the option, an option buyer pays for the premium to an option seller.

Generally, it is seen that the more time that remains until the expiration, the greater the time value of the option. This happens as a result of investors willing to pay a higher premium for more time since the longer time taken to execute contract will be profitable due to a favorable move in the underlying asset.

Also, the lesser time remaining on an option will result in lesser willingness of investors to pay because the probability for profitability is slim.

4 0
3 years ago
Read 2 more answers
Economist Mark Thoma has​ written, "One of the difficulties in using fiscal policy to combat recessions is getting Congress to a
NeTakaya

Answer:

The correct option is A,government spending and taxes that automatically increase or decrease along with the business cycle.

Explanation:

From a U.S perspective, automatic stabilizers are measures built into the country budgets that adjust the taxes to government's coffers and government expenditure when the economy goes into recess.

These measures are not usually approved by the Congress.

If one takes a careful look at the question, one would notice that the question talks about fiscal policy measures, which are government spending and taxes,invariably, option B is wrong because money supply belongs to monetary policy.

Option C is also wrong because taxes is not the only fiscal policy available.

Option D is wrong budget is a fiscal policy tool not a measure.

3 0
3 years ago
In December 2016, Infodeo established its predetermined overhead rate for movies produced during 2017 by using the following cos
max2010maxim [7]

Answer:

$3.6

Explanation:

The computation of the predetermined overhead rate is shown below:

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= $3.6

It shows a relationship between the estimated manufacturing overhead cost and the estimated direct labor cost so that the correct overhead rate can be computed

8 0
3 years ago
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