1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kaheart [24]
3 years ago
8

Markel Inc. has bonds outstanding during a year in which the general (risk-free) rate of interest has not changed. Markel electe

d the fair value option for the bonds upon issuance. What will the company report for the bonds in its income statement for the year?
Interest expense and a gain.

Interest expense and a loss.

A gain and no interest expense.

Interest expense and no gain or loss.
Business
1 answer:
Dimas [21]3 years ago
5 0

Answer: Interest expense and no gain or loss.

Explanation:

Since Markel Inc. has bonds outstanding during the year in which the general (risk-free) rate of interest has not changed, in its income statement for the year, the company's report for the bonds would be interest expense and no gain or loss.

Note that they have elected the fair value option for the bonds upon issuance, so no gain or loss is expected.

You might be interested in
Getting paid bi weekly how many paychecks do i get , if i lose my job?
Lady bird [3.3K]

If you are getting paid bi weekly it means you get paid every other week, so it depends on how long you have the job.

6 0
4 years ago
Read 2 more answers
Loree manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Loree also overs
Eva8 [605]

Answer:

First-line manager.

Explanation:

A first-line manager is a person within a company who is directly above all other personnel who are not managers. They have various obligations, such as the aforementioned routine decisions, service desk, feedback, work satisfaction, etc. When it comes to some more serious decisions, this type of a manager is not allowed to make them but rather only advise higher ups.

8 0
3 years ago
You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
lubasha [3.4K]

Answer:

Balance after 30 years = $151,018.50

Explanation:

In order to calculate this, we will calculate the future value on an amount invested, gaining interest over the years of investment, and this is given by:

FV = PV (1 + r)^{t}

where:

FV = future value

PV = present value

r = interest rate

t = time in years.

Hence the future value is calculated as follows:

1. For the first 10 years at 7% interest:

7% interest = 7/100 = 0.07

FV = 12,500 (1 + 0.07)^{10}

FV = 12,500 (1.07)^{10}\\FV = 12,500 * 1.967 = 24,589.392

2. For the last 20 years at 9.5%(0.095) interest:

Note that for the remaining 20 years, the present value (PV) used = 24,589.392, as ending balance after the first 10 years

FV = 24,589.392 (1 + 0.095)^{20}

FV = 24,589.392 (1.095)^{20}\\FV= 24,589.392 * 6.1416\\FV = 151,018.496

Total Future value earned = $151,018.50

5 0
3 years ago
________ is one of the means of motivation and control of sales representatives in relationship-oriented cultures like Japan. Mu
uranmaximum [27]

Answer:

A group bonus system

Explanation:

In relationship-oriented cultures, group bonuses are very common, and they are not like the regular yearly bonuses given out at Christmas, specially in Japan. In Japan, there are two bonuses per year, one paid during mid-year and the other one at the end of the year. These bonuses can amount to 3-6 months worth of salary, but they are also paid to the whole group of workers. That means that either everyone in the team gets a bonus or no one does.

Relationship-oriented cultures are based upon the well being, motivation and satisfaction of the whole team.

7 0
3 years ago
Which business model has traditionally been used by magazines
Andrej [43]
According to Quora dot com, US magazines are viewed as historically dependent on advertising revenue hence why subscriptions to magazines are historically very low as advertising is used to subsidise cover price or subscription cost.

With the general collapse of print publications in the US, particularly led by the drying up of physical newsstand presence, magazines have a harder time getting into consumer's hands. This means that advertisers are less likely to spend in a publication (readership decreasing) and then advertising revenues go down, making magazines less and less profitable.

I realize this is quit lengthy so I'd sum it up to saying the business model for magazines has traditionally been the selling of advertising space ... Not sure if this is what you're looking for
7 0
3 years ago
Read 2 more answers
Other questions:
  • here is much dispute over the impact that the Internet has had on today’s youth. Based on the information you learned in this le
    9·2 answers
  • With higher interest rates, can a bank borrow more or less money ​
    15·1 answer
  • On April 1, 2017, Shannon Company, a U.S. company, borrowed 100,000 euros from a foreign bank by signing an interest-bearing not
    8·1 answer
  • 1. The Department of Justice filed a lawsuit against Microsoft claiming it was engaging in unfair practices by​ ____________.
    7·1 answer
  • Latting Corporation has entered into a 7 year lease for a building it will use as a warehouse. The annual payment under the leas
    14·1 answer
  • The BEST example of a company resource is
    8·1 answer
  • Post Delivery Service acquired at book value 80 percent of the voting shares of Script Real Estate Company. On that date, the fa
    11·1 answer
  • Which of the following is not a benefit of contributing to a retirement
    6·1 answer
  • A five-year bond has a par value of 1000, a coupon of 3%, and a required yield of 5%. What should be the market price of this bo
    15·1 answer
  • ABC Company's return on asset is greater than XYZ Company's return on asset, but XYZ
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!