An unrealized gain of $5,412 from the change in the fair value of the debt.
<h3>How does general interest rate risk work?</h3>
Interest-rate risk (IRR) is the exposure of a financial institution to unfavorable changes in interest rates. Accepting this risk is common practice in the banking industry and can be a key driver of profitability and shareholder value.
Explanation:
Given that the bond's face value is $400 000
Bond selling price: $370,000
yield until maturity equals 12%
Bond has a fair value of $365,000.
Value shifted = $2,000
Net income and OCI are both included in comprehensive income.
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Answer:
1.45 times
Explanation:
The computation of company's fixed asset turnover ratio is shown below:-
Average of Net Property, plant and equipment = ($3.0 million + $3.9 million) ÷ 2
= $6.9 million ÷ 2
= $3.45 million
Fixed asset turnover ratio = Net Sales ÷ Average of Net Property, plant and equipment
= $5 million ÷ $3.45 million
= 1.45 times
Therefore for computing the fixed assets turnover ratio we simply applied the above formula.
To be effective, an employee involvement program must incorporate the unique demands of different cultures.
<h3>
What is an employee involvement program?</h3>
Employee involvement programs encourage employees to assume mental ownership of the organization, which increases employee loyalty.
These initiatives and programs can also help the:
- Company's performance,
- Provide a safe work environment, and
- Long-term viability.
To be effective, an employee involvement program must incorporate the unique demands of different cultures.
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Answer:
the depreciation expense at the end of the first year, December 31 is $ 8,250
Explanation:
Straight line Method of Depreciation Charges the same amount of depreciation over the useful life of the asset.
Depreciation Charge = (Cost - Salvage Value) / Useful Life
Depreciation Charge = ($50,000-$6,000) / 4 years
= $11,000
<u>Apportionment of Depreciation Charge</u>
<em>From April 5 to December 13 there are 9 months</em>
Therefore depreciation for the year is apportioned as follows :
Depreciation Charge = 9/12× $11,000
= $ 8,250
The answer is $19.00, the basic wages of the assembly line personnel.
