Answer: Macaulay Duration = 2.6908154485 = 2.69
Explanation:
Macaulay Duration = Sum of Cash flows Present Value/ current bond price
Cash flows: year 1 = $12
Cash flows: year 2 = 12
Cash flows: year 3 = 100 + 12 = 112
Sum of Cash Flow PV = (1×12÷ (1.118)^1) + (2×12÷ (1.118)^2) +(3×112÷(1.118)^3)
Sum of Cash Flow PV = 270.37857712
Current Bond Price or Value = Face Value/ (1+r)^n + PV of Annuity
Current Bond Price or Value = 1000/ (1.118)^3 + (30×(1 - (1+0.118)^-3)/0.118
Current Bond Price or Value = 100.48202201
Macaulay Duration = 270.37857712 ÷ 100.48202201
Macaulay Duration = 2.6908154485 = 2.69
Answer:
$35,143
Explanation:
Step 1 : Determine the value of Ending Inventory
Ending Inventory = $205,000 x 60 %
= $123,000
Step 2 : Determine the amount of unrealized profit in inventory
The Subsidiary (Carl Corporation) sold inventory to Parent (James Corporation).
James Corporation is the Parent of a Group since its owns more than 50% of voting rights of Carl Corporation
We use the gross profit percentage of the seller to determine the unrealized profit in inventory which is 40%.
Unrealized profit in inventory = 40/140 x $123,000
= $35,143
Conclusion :
The amount of intra-entity gross profit in inventory at December 31 that should be eliminated in the consolidation process is $35,143.
Answer:
YOU SHOUKD PURUSE YOUR DREAMS GIRLL
Explanation:
Budgeting games every now and then performed by employees are constructing in finances slack and making the numbers. False
Whilst advertising and marketing managers consult with making the numbers, they normally suggest achieving the sales quantity within the static (grasp) budget. This is not an example of price range gamesmanship.
Budgetary gaming conduct (along with spending money at 12 months stop to avoid dropping it, deferring important fees, accelerating sales near 12 months stop to meet the budget, and negotiating less difficult goals) belongs among arguments towards the use of budgets for employer control.
Activity-primarily based budgeting (ABB) is a method of budgeting where sports that incur expenses are recorded, analyzed, and researched. it's miles more rigorous than traditional budgeting methods, which tend to simply adjust preceding budgets to account for inflation or enterprise development.
Learn more about budgeting games here: brainly.com/question/28110019
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Answer:
All that is true regarding local government budgets:
Large portions of local budgets support elementary education.
Revenue comes from intergovernmental payments.
Expenditures include police and fire departments.
Explanation:
Local government budgets in the U.S.A. are detailed financial, operational, and policy documents that give details about the services being rendered by the local government. They specify who gets what services, how much of the services, and who pays for the services.
Local government budgets are done at three main levels, depending on the state. The levels are the city, town, and county levels. These levels of government are headed by the mayor, CEO or manager, either appointed or elected, again depending on the state, with power balanced by the legislature, which is always elected. There are also budgets for specialized projects and purposes.
Funding for local government budgets generally comes from taxes and levies, with support from the state and federal governments.
