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Alexus [3.1K]
3 years ago
6

Chang Industries has bonds outstanding with a par value of $216,000 and a carrying value of $227,000. If the company calls these

bonds at a price of $221,000, the gain or loss on retirement is:
A. 5,000 gainB. 6,000 gainC. 6,000 lossD. 5,000 lossE. 11,000 gain
Business
1 answer:
cluponka [151]3 years ago
4 0

Answer:

A. $6,000 gain

Explanation:

Data provided

Carrying Value = $227,000

Call Price = $221,000

The computation of gain or loss on retirement is shown below:-

Gain on Retirement = Carrying Value - Call Price

= $227,000 - $221,000

= $6,000

Therefore for computing the gain on retirement we simply deduct the call price from carrying value.

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Which of the following postions is vital for scheduling, planning, and the general of a business?
marusya05 [52]

C. Secretarial positions are important roles that handle administrative functions like scheduling, planning, and assisting others.

3 0
4 years ago
a stock broker allocated $100,000 to an account earning 4% per year compounded continuously. if no withdrawals are made, how muc
Lisa [10]

$100,000 was allocated by a stockbroker to a portfolio yielding 4% annually compounded. If no withdrawals are taken, there will be $117,352 left in the account after four years.

Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value.

According to the continuously compounded interest formula,

FV = PV e^{it}

Here,

Present Investment Value, or PV

the interest rate, I

T = time in years

So,

In light of the specified

PV = $ 100,000

I = 4% = 0.04

t = 4 years

Hence

FV stands for "Final Investment Value"

Then,

FV = 100,000 * e⁰.⁰⁴ˣ⁴

FV = 100,000*e⁰.¹⁶

FV = 100,000 * 1.173510871

FV = 117351.0871

FV = 117351

Hence

The balance in the account after four years was = $117,352

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7 0
1 year ago
Bobby Jones, an accountant for ABC Corporation, has been suspected of committing fraud. Some information already gathered about
dexar [7]

Answer:

In the civil litigation process what will happen to Bobby Jones are in four stages which are Inquiry and Pleading, Discovery, Motion Practice and Negotiation and Trial and Appeal.

Explanation:

Four steps are involved in the process of civil litigation stated as follows:

In this staged a complaint is first issued against Bobby Jones by the ABC Corporation which elaborates on the offence and also points out the financial compensation for the damaged or problems caused.

Inquiry and Pleading: The first step or phase is the inquiry and pleading.  

In this staged a complaint is first issued against Bobby Jones by the ABC Corporation which elaborates on the offence and also points out the financial compensation for the damaged or problems caused.

(2) Discovery: This is where the various parties gives an effort to get more information as possible

(3) Motion Practice and Negotiation: This occurs prior to trial when bobby files motion to challenge the complaint issued against him.

(4)Trial and Appeal: The last stage is the trial and appeal. this occurs when the previous steps has failed.

In this step the trial is held, both Bobby and ABC Corporations seeks judgement from the judge and the judge issues the jury to put in the final verdict. If both parties are not satisfied with judgement received, they can appeal to a higher court to review the verdict or decision.

7 0
3 years ago
Mission: To create events that are awesome and classy.
NikAS [45]

Raven can communicate the new company mission statement & goals, as well as the new department goals and action plans to employees through:

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<h3>What is a mission statement?</h3>

This is the document that outlines the overall purpose of an organisation and its reason for existing.

It contains the concise explanation of the organization's reason for existence, purpose and its overall intention. It is structured to supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholder

However, Raven can communicate the new company mission statement & goals, as well as the new department goals and action plans to employees through a visual aid at the employee meeting and a update mission statement and goals document.

Missing words "How can Raven communicate the new company mission statement and goals, as well as the new department goals and action plans to employees? Provide at least two specific examples of actions she can take."

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3 0
2 years ago
According to the Bureau of Labor Statistics, in calendar year 2000, the average duration of unemployment was 12.7 weeks, with a
Verdich [7]

Answer:

0.8314

Explanation:

First, we are given the following

Unemployment during on Average = U= 12.7 weeks

Standard deviation= SD = 0.3 Weeks

Therefore, P (12  Greater than x  Greater than 13)

= P (12-12.7 /0.3 Greater than X -U/SD Greter than 13-12.7/0.3)

= P (-0.7/0.3 Greater than Z Greater than 0.3/0.3)

= P (-2.33 Greater than  Z  Greater than   1)

= P (Z Greater than 1)  - P (Z Greaer than -2.33)

At this Point we make use of he Z table to find out the figure

= 0.8413 - 0.0099

= 0.8314

7 0
4 years ago
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