Answer:
Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?
Explanation:
Answer:
The yield to call is 2.24%.
Explanation:
To calculate the yield to call, you can use the following formula:
YTC = (C + (CP - P) / t) / ((CP + P) / 2)
YTC= Yield to call
C= Annual Coupon: 0
CP= Call price of the bond: $509
P= Price of the bond: $455
t= time remaining until call date: 5
YTC= (0+(509-455)/5)/((509+455)/2)
YTC=(54/5)/(964/2)
YTC= 10.8/482
YTC= 0.0224= 2.24%
Answer:
$30,000 and $360,000
Explanation:
The computation of the gain on the exchange is shown below:
= Cash received + fair value of the computer - undepreciated cost of existing computer
= $120,000 + $360,000 - $450,000
= $30,000
The amount of the computer which is recorded will equal to the fair value of the computer i.e $360,000
For computing the gain we simply added the fair value and deduct the undepreciated cost of an existing computer in the cash received amount so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer:
Annual depreciation= $4,000
Explanation:
Giving the following information:
The cost of the machine was $29,000. Its estimated residual value was $9,000 at the end of estimated 5-year life.
<u>To calculate the depreciation expense, we need to use the following formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (29,000 - 9,000)/5
Annual depreciation= $4,000
Answer: The correct answer is "d. there will be no shifts of the curves, but the real interest rate rises.".
Explanation: If there is a shortage of loanable funds, then: there will be no shifts of the curves, but the real interest rate rises.
this causes as the interest rate rises to equilibrium the amount offered of loanable funds increases and the quantity demanded of loanable funds decreases
