Answer:
$30,800
Explanation:
Data provided in the question:
Carrying value of bond = $308,000
Face value = $320,000
Interest rate = 8% = 0.08
Market rate = 10% = 0.10
Now,
Interest expense to be recognized in 2018
= ( Bond carrying value ) × ( Market rate of interest )
or
Interest expense to be recognized in 2018 = $308,000 × 10%
or
Interest expense to be recognized in 2018 = $30,800
Answer:
D
Explanation:
Because the higher the quality of materials the more efficient the product will be
Answer:
D. $210000
Explanation:
Given that
Inventory balance at the beginning = 22000
Inventory balance at the end = 20000
Inventory turnover = 6.0
Gross profit ratio = 40%
Average inventory = balance at beginning + balance at end / 2
= 22000 + 20000/2
= 21000
Recall that
Inventory turnover = cost of good sold/average inventory
Thus,
Cost of good sold = inventory turnover × average inventory
= 6.0 × 21000
= $126000
Therefore
Net sales = cost of good/ 1 - gross profit ratio
= 126000/1 - 0.4
= 126000/0.6
= $210,000
Answer:
The correct answer is True.
Explanation:
Whenever a conflict arises within the classification of projects between the expected monetary value and the standard deviation, the coefficient of variation is used to try to solve the problem. For this reason, it is concluded that the coefficient of variation is a standardized measure of risk.
Answer:
Money market mutual fund
Explanation:
Money market mutual fund is a fund that usually invest in short term securities, for example treasury bills.
Members are paid dividends at predetermined intervals. They provide a stable savings option.
This will be a perfect way for Andy and Marjorie to save their money, and they will not have access to it via their ATM card.
