The balance in Discount on Bonds Payable that is applicable to bonds due in three years would be reported on the balance sheet in the section entitled of Long-term liabilities.
What is Long-term liabilities?
Long-term liabilities can be regarded as loans aa well as other financial obligations that the repayment schedule would be expected to last over a year.
Some of the examples long-term liabilities are;
- deferred revenues
- post-retirement healthcare liabilities.
- bonds payable
- long-term loans
- pension liabilities
It should be noted that balance in Discount on Bonds Payable that has a due time of three years would be reported at Long-term liabilities section.
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A contract clause which specifies the amount of damages to be paid in the event of a breach is called C. a liquidated damages clause.
A contract clause is a specific section that is added into a clause and addresses specific subject matters or topics. These clauses are normally added to make sure each section understands and performs their duties.
The degree of operatingleverage is calculated by the formular
(sales - variable cost) / (sales - fixed cost - variable cost).
In the given question,
sales = $2,000,000
variable cost = $1,100,000
fixed cost = $750,000
The degree of operating leverage is (2,000,000 - 1,100,000) / (2,000,000 - 750,000 - 1,100,000) = 900,000 / 150,000 = 6.
Therefore, the degree of operating leverage is 6.
I belive the answer is D.
hope this helps!
Self-classification allows me to determine if the items or technologies involved in my research are listed on either the USML or CCL, and I cannot comply with export controls until I determined which requirements apply to the research activity.
<h3>What is Technology?</h3>
- Technology is the end result of accumulated knowledge and application of techniques, approaches, and procedures utilized in manufacturing and academic research.
- With or without in-depth knowledge of their function, technology is ingrained in the operation of all machinery and electronic gadgets for an organization's intended purpose.
- System-based technologies make up society's technologies.
- When a system is in operation, it takes an input, modifies it through a known process, and then generates an output that serves the system's intended function.
<h3>What role does technology play?</h3>
- Information technology is crucial in our lives because it makes dealing with the unpredictable aspects of daily life easier.
- Technology provides a variety of methods to promote development and information exchange.
- IT aims to accomplish both of these objectives in order to simplify tasks and find solutions to numerous issues.
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