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2 years ago

Which of the following is one of the three standard sections of a governmental comprehensive annual financial report?

Business

1 answer:

HACTEHA [7]2 years ago

7 0

Answer:

a) Statistical.

Explanation:

The three standard sections of a governmental comprehensive annual financial report are:

Introductory
Financial: includes financial statements and notes
Statistical: include statistical data about relevant financial information and trends, and how they relate to government activities

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When a counteroffer is made, the offer is

Elina [12.6K]

Answer:

D- Terminated

Explanation

The original offer is terminated and a new offer is formed.

3 0

3 years ago

Carla vista co. received proceeds of 5585020 on a 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of 530

Lapatulllka [165]

The carrying value of the bond is $489,560.

<h3>What is the carrying value of a bond?</h3>

A bond's carrying value is defined as its par value or face value plus any unamortized premiums or discounts, minus any unamortized discounts.

This is deducted because it is represented on the balance sheet, the carrying value is the difference between the par value and the premium or discount.

<u>Computation of Carrying value of Bond</u>:

According to the given information,

First, there is a need to calculate the premium amount, that amount is calculated as follows:

Premium Amount = Face value of Bond – Proceeds received

Premium Amount = $530,000 – $558,5020

Premium Amount = -$505,5020

Now, there is a need to finding the Annual amortization value, this can be found out by the following:

Annual amortization = Premium Amount/Time period

Annual amortization = -$505,5020/10

Annual amortization = -$505,502

Then, the carrying value of the bond will be:

Carrying value of bond = face value – unamortized discount

Carrying value of bond = $530,000- (-$505,502×8%)

Carrying value of bond = $489,560

Therefore, the carrying value of the bond is $489,560.

Learn more about the carrying value of bond, refer to:

brainly.com/question/14531473

#SPJ1

3 0

2 years ago

The Bradford Company issued 10% bonds, dated January 1, with a face amount of $80 million on January 1, 2021. The bonds mature o

DIA [1.3K]

Answer:

I strongly believe that the requirement is to calculate the price of the bond.

The bond is worth $ 70,824,063.03

Explanation:

It is noteworthy that a rational would-be investor would pay for a bond a price that reflects the cash flows receivable from the bonds in future discounted to today's terms.

The future cash flows comprise of the semi-annual coupon interest of $4 million(10%/2 *$80 million) for 20 periods as well as the repayment of the principal $80 million at the end of period 20

Since coupon is paid every six months, the coupon would be twenty times over the life of the bond(paid twice a year for 10 years)

To bring the cash inflows today's term, we multiply them them by the discounting factor 1/(1+r)^N , where is the yield to maturity of 12% and N is the relevant the cash flow is received.

The discounting is done in attached spreadsheet leading $ 70,824,063.03 present value today.

Download xlsx

5 0

3 years ago

Where does Hewitt’s leadership fall on the Managerial Grid discussed in the chapter? (5 marks) (b) What deficiencies or shortcom

nikdorinn [45]

Answer:

The Hewitt's leadership falls on the the Middle of Road Management, which is carefully assessed, realistic and in turn creates a balance between concerns for people and production.

The shortcomings of this leadership are, Failure to motivate and inspire people, lack of passion and enthusiasm, Inability to keep workers.

Explanation:

Solution:

(a) The leadership of Hewitt fall towards the Middle of Road Management at 5,5 points, as it is well realistic, carefully assessed or adjusted, and satisfies the concerns for the people and production.

(b) The shortcomings or defaults discovered in Hewitt's Leadership is stated as follows:

The failure to motivate and inspire people
The Inability to retain employees or workers
The lack of passion and willingness or zeal
The lack of appreciation on employee or individual

5 0

3 years ago

The treasurer of a major U.S. firm has $26 million to invest for three months. The interest rate in the United States is .26 per

nika2105 [10]

Answer:

US investment value $ 26,202,800.00

UK investment value $ 26, 108,877. 58

Explanation:

<u />

<u>Investment in US dollars invested in US:</u>

$26,000,000 x (1 + 0.0026 x 3) = $26,202,800

<u />

<u>Investment in US invested in Great Britain:</u>

Conversion at spot rate

26,000,000 x 0.626 = £16,276,000

Interest earned;

£16,276,000 x (1 + 0.0030 x 3) = £16,422,484

Conversion at forward rate:

£16,422,484 / 0.629 = $26,108,877,58

7 0

2 years ago