Answer:
$923.077
Explanation:
Data provided in the question:
Face value of the bond = $1,000
Interest rate = 6% = 0.06
Comparable interest rate = 6.5% = 0.065
Now,
The amount of annual interest on the bond
= Face value × Interest rate
= $1,000 × 0.06
= $60
Therefore,
the approximate dollar price for selling the bond
= ( Dollar amount of annual interest ) ÷ ( Comparable interest rate )
= $60 ÷ 0.065
= $923.077
Answer:
2. $955,000
Explanation:
The computation of the amount to be reported for inventory in the consolidated balance sheet is shown below:
= Vader inventory value in the balance sheet + Sky-walker inventory value in the balance sheet
= $700,000 + $255,000
= $955,000
Since we have to report the inventory based on the consolidated balance sheet so we added both inventory value that would be presented on each balance sheet
Answer:
Mobile user.
Explanation:
A mobile user can be defined as a person that has access to relevant software through mobile device such as laptops, tablets, or mobile phones. They also communicate using mobile devices like smart phones or laptop over the internet.
Edwin is using the mobile user method in doing his job. He uses his laptop and phone to communicate bwith clients and his office. The laptop is used to handle work through business related software he has installed.
The credit balance in the accumulated depreciation account represent: <span> the amount of depreciation taken in past years
In accounting, we must reduce the value every year we held an asset in order to show the true amount of the total asset values. This occurence is called a depreciation. If the amount of depreciation is add-up for several years, this account is called accumulated depreciation
</span>
Answer:
c
Explanation:
sells stocks and bonds on behalf of small and less known firms who would otherwise have to pay high interest to obtain credit. d. is funds set aside by local governments