C. balance sheets
explanation:
Answer:
Explanation:
To find the fair value of bond we calculate the present value of future cashflows at 12% market rate.
No. of cashflows Cashflows Discount factor Present value
3 24000 2.401831268 57643.95044
1 600000 0.711780248 427068.1487
484712.0991
1) Entries
invest at amortized cost 600000
Asset 484712
Gain 115287.91
2) Amortization Schedule
Year Amount IRR 7% CR 4% Closing
1 600000 72000 -24000 648000
2 648000 77760 -24000 701760
3 701760 84211.2 -24000 761971
3)
Year-1
Cash 24000
Investment 48000
interest Income 72000
To record the interest income
Year-2
Cash 24000
Investment 53760
interest Income 77760
To record the interest income
Year-3
Cash 24000
Investment 60211
interest Income 84211
To record the interest income
year-3
Cash 761971
Investment 761971
To record the maturity of investment
Answer:
No.
Explanation:
I know nothing about this person.
Since Middle managers at Apics Dental have little decision-making authority for their departments and almost every decision they make on a day-to-day basis must be approved by the CEO, from what they spend to whom they hire, this is an example of centralization.
<h3>What is an organizational structure?</h3>
An organizational structure simply refers to a strategic process that is typically used for the division of a business organization (company or firm) into multiple functional units, in order to successfully achieve its short-term and long-term goals.
<h3>The dimensions of an organizational structure.</h3>
Generally speaking, an organizational structure comprises three (3) main dimensions and these include the following;
- The vertical dimension: the decision-making responsibilities include decentralization and centralization.
- The horizontal dimension.
- Integrating mechanisms.
Under centralization, all of the day-to-day decisions are made by the top executive management and the chief executive officer (CEO).
Read more on organizational structure here: brainly.com/question/7437866
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Answer:
The main difference between Accrual and Cash Basis accounting is the moment when an income or expense is recorded.
Cash Basis recognize and record an income or an expense only when cash is transferred between the parties. However, Accrual Basis recognize them as soon as they occur without the need of cash transaction.
Based on the precious the most used Method is the Accrual Basis, thus, the easiest method, as it does not have to way to the cash operation to record the revenue or the expense.
