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Effectus [21]
4 years ago
7

Daniel purchased a bond on July 1, 2017, at par of $10,000 plus accrued interest of $300. On December 31, 2017, Daniel collected

the $600 interest for the year. On January 1, 2018, Daniel sold the bond for $10,200.a. Daniel must recognize $300 interest income for 2017 and a $200 gain on the sale of the bond in 2018.b. Daniel must recognize $600 interest income for 2017 and a $200 gain on the sale of the bond in 2018.c. Daniel must recognize $600 interest income for 2017 and a $100 loss on the sale of the bond in 2018.d. Daniel must recognize $300 interest income for 2017 and a $100 loss on the sale of the bond in 2018.e. None of these.
Business
1 answer:
Makovka662 [10]4 years ago
4 0

Answer:

a. Daniel must recognize $300 interest income for 2017 and a $200 gain on the sale of the bond in 2018

Explanation:

Since the interest was collected of $600 and the accrued interest is $300, so the remaining amount $300 reflect the interest income

And,  the sale value of the bond is $10,200 without considering the interest collection  and its purchase price without considering the accrued interest is $10,000. So, after comparing the purchase price and the sale price the gain of $200 would be determined

$10,200 - $10,000 = $200

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Answer:

raises;larger;decrease;always.

Explanation:

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A monopolistic market is a type of market structure that is typically characterized by a single supplier or seller of a particular product without any competition from any other in the market. The features of a monopolistic market are;

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3 years ago
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A federally funded state law enforcement entity that employ teams of fraud investigators, attorneys, and auditors who investigate and prosecute cases of fraud and other violations is known as <u>The MFCUs</u>

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6 0
2 years ago
Discuss what skill or characteristic is most important in a project manager to ensure project success? defend your choice and be
Kamila [148]
 Call it honesty, integrity or loyalty. The project manager needs to have them all.  His/her actions set an example for the rest of the team members. He/she is ultimately responsible for setting ethical standards for the rest of the team. The project manager should practice what they preach and in turn earn trust.
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3 years ago
Robert gillman, an equity research analyst at Gillman Advisors, believes in efficient markets, He has been following the mining
antoniya [11.8K]

Answer:

Q1) a. 6.60%

Q2) c. retaining a higher percentage of earning will result in a higher growth rate.

Explanation:

Q1.)

Use dividend discount model (DDM) to solve for the growth rate;

g = r- (D1/P0)

whereby;

g = dividend growth rate

r = required rate of return = 11.40% or 0.1140 as a decimal

D1 = next year's dividend = $1.14

P0 = Current stock price = $23.75

g = 0.1140 - (1.14/23.75)

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Q2.)

c. Retained earning is the proportion of total net profit that a company reinvests back into the business for the purpose of investing in other potentially profitable projects.The returns from these projects would increase the value of the company at a faster rate if a higher percentage e.g 90% is retained. On the other hand, if the company pays a larger portion of its retained earnings e.g 70% as dividends, it will experience a slower growth rate making choice C correct.

5 0
3 years ago
How does a market system prevent people from getting as many goods and services as they wish?
Dvinal [7]
Prices prevent this. Lots of people can't afford to get as much as they wish, rather as much as they can buy. That's why a market system and stores don't sell out so easily, because people don't buy as much as they really wish for, but how much they need. 
Hope this helps!
7 0
3 years ago
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