Answer:
well this is a devastating question. The children will be able to benefit financially from the money that the parents saved up for the children.
Answer:
On November 27
Debit Retained earnings $12,750
Credit Dividend payable $12,750
<em>(To record the dividend declared)</em>
On December 24
Debit Dividend payable $12,750
Credit Cash $12,750
<em>(To record dividend paid) </em>
Explanation:
- Dividends on gains on shares bought by the shareholders. They arise due to appreciation in share price and improvement in company's net income.
- The dividend payable was calculated as $.5 x 25,500 shares = $12,750.
- Dividends are usually paid out of retained earnings.
- The dividend payable account is debited when payment is to be made.
Answer: This could be explained as below :-
Explanation:
A. Bonds were issued for $97 with par value of $100, hence they were issued on discount.
B. Market rate was higher, as company issued bonds on discount.
C. Amortization = $2,000,000 * 7.5% * 10/12 = $125,000
Discount = $60,000/6 * 10/12 = $8,333
Total interest expense = $125,000 + $8,333 = $133,333
D. Carrying value = $2,000,000 - $51,667 ($60,000 - $8,333) =$1,948,333
Answer:
The question is incomplete. The complete question is ---
Bunny Helpers, Inc., has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot), and quantities on hand:
Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs; additionally one bottle of Alka-Seltzer is included for those who overindulge.
If the firm is using a fixed-period lot size of two periods, what is the order size for the first order?
280
120
200
160
150
The answer is 150.
Explanation:
For any organization, a lot size or order size is the amount or quantity of products to be made by them. It is the amount amount choosing to make or order.
MRP can be applied to the services when it is mostly focused on service components and material which is the part of that service process.
In the context, Bunny Helpers, have received an order for 100 basket of Deluxe Easter which is to be delivered at the starting of the week.
Hence, for two periods of a lot size, the first order size should be 150 according to the MRP.
Answer:
Current yield = <u>Annual coupon</u>
Current market price
Current yield = <u>$75</u>
$1,020
Current yield = 0.0735 = 7.35%
The correct answer is D
Explanation:
Current yield equals annual coupon divided by the current market price of the bond.
