Answer:
Answer for Question 1 is False
Answer for Question 2 is False
Answer for Question 3 is True
Answer for Question 4 is True
Answer for Question 5 is True
Explanation:
1. Debenture bonds include unsecured bonds but do not include mortgage bonds and sinking bonds.
2. Callable bonds are bonds issued by the issuer before the maturity period.
3. True about market rate.
4. True about Annual interest.
5. True about the Present value of a bond.
Answer:
From all indications,the two rents received have been posted wrongly, I want to believe that you are required to post the adjusting entries,hence my answer below:
The first $9000 was posted to deferred revenue,whereas only two months should have been
First rent:
DR Deferred revenue $3000
CR Revenue $3000
Second Rent
DR Revenue $6000
CR Deferred revenue $6000
Explanation:
The first $9000 was posted to deferred revenue,whereas only two months should have been deferred and December rent recognized as rent.
As far as the second rent is concerned only one month has been earned,as a result the revenue should be credited with just $3000 for December.
This then mean that revenue from the second property has been overstated in December by $6000,this necessitated by adjustment above.
Answer:
C. Depreciation
Explanation:
The Indirect method reconciles the Operating income to the Operating Cash flow by adjusting the following items (i) Non -Cash Items previously added or deducted from Operating Profit and (ii) Changed in Working Capital items. From the given options, only depreciation is added back as it was previously deducted from Operating Income.
The pitch....for a sales and marketing item or scam.
Answer:
4.5
Explanation:
Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.
Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.
Annual sales of a manufacturing company 
Inventory 
Inventory turnover ratio for the company = Sales/Inventory
