Answer:
The acceptable format for reporting comprehensive income are 1. In one continuous financial statement and 4. In two separat but consecutive financial statements.
If a firm that presents a full set of financial statements has items of other comprehensive income it must present comprehensive income either (1) in a single continuous statement of comprehensive income or (2) in two separate but consecutive statements.
Answer:
TIE = 4,985.71
Explanation:
net income / (1 - tax-rate) = Earnings before taxes
3,000 / 0.7 = 4,285.71
Earnigns before taxes + interest = EBIT (earnings before interest and taxes)
4,285.71 + 700 = 4,985.71
Answer:
$920,266
Explanation:
The adjusted unamortized bond premium is the initial bond premium recorded on the issuance of the bond minus the amortized bond premium for the year ended 31 December 2021.
The initial bond premium is $981,878
At year end of the first year the amortized premium is the difference between the interest expense recognized and coupon interest paid in cash .
Interest expense=$8971878*10%=$897,187.80
coupon interest= $7990000*12%=$958,800.00
Amortized bond premium= $958,800.00-$897,187.80=$ 61,612.20
Adjusted unamortized bond premium=$981,878-$61,612.20=$920,265.80
Answer:
correct answer is b) $2.00
Explanation:
we know here
started and completed unit for physical = 18000
so EUP material for 100 % = 18000
and
Ending work in process for physical = 3000
so EUP material for 100 % = 3000
so total EUP material = 18000 + 3000 = 21000
and
Unit cost is here =
Unit cost = 2 per unit
so correct answer is b) $2.00
Question Completion:
Assume that the price per ton of oranges in the international market is $810 and equilibrium is established at the price of $900 for 120 tons.
Answer:
If Bangladesh is open to international trade in oranges without any restrictions, it will ____import____ tons of oranges. Suppose the Bangladeshi government wants to reduce imports to exactly 120 tons of oranges to help domestic producers. A tariff of ____$90____ per ton will achieve this. A tariff set at this level would raise $___10,800______ in revenue for the Bangladeshi government.
Explanation:
A tariff of $90 per ton will raise the price of a ton of oranges to $900 ($810 per ton as indicated on the question). When the price is raised to $900 in the domestic market, the quantity demanded will equalize with the quantity supplied at 120 tons.