Answer:
Explanation:
USD GBP Prefers
Dell 7 9 GBP
Virgin Airlines 8 8.5 USD
In a swap exchange Party A will have a relative preferred position in one money and Party B will have a bit of leeway in the other cash. For this situation Dell has a similar bit of leeway in USD getting rate and Virgin has a preferred position in GBP acquiring rate.
Additionally note that dependent on the FICO assessments of the organization the acquiring rate will vary pulling in parties for a swap exchange.
Virgin would borrow £10 million for two years and Dell would borrow $16 million for two years. The two companies would then swap their proceeds and payment streams. Then they enter into a swap agreement to exchange their cash flows to get their preferred currency rates with an interest rate mutually benefiting both the parties.
Answer:
a) Cost accounting: it is concerned with the provision and the use of accounting information to managers within the organisation to provide them with the basis to make informed decisions.
b) Public accounting: it is a specialised branch of accounting that keeps track of companies' financial transactions.
Explanation:
Cost accounting also known as managerial accounting is an accounting technique that's focused on the identification, measurement, analysis, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.
Basically, cost accounting systems is an accounting system that is used by an organization to report both monetary and nonmonetary information.
Public accounting is an accounting technique that's typically used for analyzing, summarizing and reporting of financial transactions such as sales costs, purchase costs, payables and receivables of organizations (companies) using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
The answer is B. liabilities.
Answer:
The correct answer is D. All of the above.
Explanation:
Each good will have its characteristic demand curve, more or less inclined, more or less convex. In addition, the position of the curve, higher, lower, shifted to the left or right, will depend on several factors:
- the greater or lesser income that consumers receive
- tastes and fashions
- the prices of other related goods
- expectations or forecasts about the future
If the income of the consumers grows, the demand will be increasing, which will cause the shift to the right of the demand curve since at the same price the quantity demanded will be greater. On the contrary, if the country's income decreases, the demand will decrease and the demand curve will shift to the left.
Similarly, the curve will shift to the right if demand increases due to a positive change in tastes or fashion or because the prices of products that can replace it increase.
However, that the lowering of the product itself does not produce displacement of the curve since the curve is indicating precisely the quantities demanded at any price. If the aforementioned factors are constant, then the demand curve will not move and we can measure exactly the effect of price variations on the quantities demanded, which will be represented by movements along the curve
Answer:
Sold at Premium (C)
Explanation:
Here, the proceeds from the bond issue ($760,000) is higher than the par value of the bond ( $750,000 ) , meaning that it has been issued at premium.
The excess of cash received over the par value of the bond should be credited to premium on Bond payable Account .
Then, the excess of effective interest charged over interest paid will be used to write-off the premium on bond payable for the period of the bond.