Answer:
It would be A Raina is correct because the loan is a line of credit.
Explanation:
Hope this helps!
 
        
                    
             
        
        
        
Answer:
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Explanation:
 
        
             
        
        
        
Answer:
C. adjusted trial balance to the financial statements.
Explanation:
The end-of-period spreadsheet can be regarded as accounting tools used in summarizing the movement of transactions that has been carried out throughout an accounting period. It is a tools that give representation of the end of the current accounting period. 
permanent accounts that been found 
the balance sheet, which are not not closed are been consisted by The post-closing trial balance.
 It should be noted that Using an end-of-period spreadsheet, the flow of accounting information moves from the 
adjusted trial balance to the financial statements.
 
        
             
        
        
        
Answer:
The customer returned the shirt, because the athlete’s team number was incorrect - Purchasing Department 
The concert venue store ran out of packaging supplies - Production Department
The band’s performance was well received in the market due to good promotional schemes - Marketing Department 
The budget for the next year included an additional component for promoting improvements to the arena - Finance Department
Explanation:
Got right on plato
 
        
             
        
        
        
Answer:
After tax cost of debt is 5.239%
Explanation:
Given:
Face value = $1,000
Bond price = $895
Coupon payments = 0.035×1,000 = $35 (coupon payment is paid semi-annually so 7% is divided by 2)
Maturity = 20×2 = 40 periods
Using bond price formula:
Bond price = Present value of face value + present value of coupon payments
Use excel function =RATE(nper,pmt,PV,FV) to calculate cost of debt.
substituting the values:
=RATE(40,35,-895,1000)
we get Pre-Tax cost of debt = 4.03% semi- annual
Annual rate is 4.03%×2 = 8.06%
Note: PV is negative as bond price is cash outflow.
After tax cost of debt = 8.06(1 - 0.35)
                                      = 5.239%