I think the most appropriate answer would be "greater"
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Answer:
Nippon Technology
Value of Cash between January 1 and March 31, 2018:
= $1,737,000
Explanation:
a) Calculations:
Beginning Cash Balance $37,000
Net Income 2,400,000
Increase in other assets ($300,000)
Decrease in Liabilities ($200,000)
Dividends paid ($200,000)
Ending Cash balance $1,737,000
b) Nippon Technology's cash balance at the end of March 31, 2018 is the net effect of cash transactions that took place between January 1, 2018 and March 31, 2018. It shows what Nippon Technology received in the form of cash receipts from customers and what it spent in operational, investing, and financing activities during the period of 3 months.
Answer:
the base price used is the face value of the security and not the purchase price of the security and ii) a 360-day year is used. The bond equivalent yield uses a 365-day year and the purchase price, rather than the face value of the security, is used as the base price. Treasury bills are quoted on a discount yield basis.
Explanation:
Answer:
$77,250
Explanation:
Given
Scales charges = $51,000
Software charges = $10,000
Calibration contract charges = $39,000
There are 5 months from August 1, 2021 till the end of the year.
And the calibration services would be done on August 1, 2021.
Expected Calibration charges = $39,000 * 5/12
Expected Calibration charges = $16,250
Total revenue to be recognised is then calculated as;
Scales Charges + Software Charges + Expected Calibration Charges.
Total Revenue = $51,000 + $10,000 + $16,250
Total Revenue = $77,250
Hence the total recognise revenue is $77,250