Answer:
c. Rodriguez is the borrower and debits Accounts Payable
Explanation:
Rodriguez Co will :
- De-recognise the Trade Payable - Wilson Company
- Recognise a Financial Liability to Wilson Company
Wilson Company will :
- Recognise an Investment or FA in Rodriguez Co
- De-recognise the Trade Receivable - Wilson Company
Answer:
b.
Explanation:
According to the music market study conducted by Matthew Salganik, Peter Dodds, and Duncan Watts demonstrated that group influence shapes our personal taste and decisions regarding music. Just like in high school, groups have the ability to influence other peoples decisions. Especially those who look to those groups as superior. Which was demonstrated by the study mentioned in the question in regards to music.
Answer:
$205,200
Explanation:
Calculation of Pension Expense
Service Cost $198,000
Interest cost $33,000
Expected return on the plan assets <u>($25,800)</u> (258000*10%)
Pension Expense <u>$205,200</u>
So therefore, the pension expense for the year is $205,200.
The answer is 28.9 because you add all the numbers together and divide by 7. The answer is 28.8 which rounds to 28.9.
Answer:
Bond Price = $877.3835955 rounded off to $877.380
Explanation:
To calculate the price of the bond, we need to first calculate the coupon payment per period. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and r or YTM will be,
Coupon Payment (C) = 0.064 * 1000 = $64
Total periods (n)= 25
r or YTM = 7.5% or 0.075
The formula to calculate the price of the bonds today is attached.
Bond Price = 64 * [( 1 - (1+0.075)^-25) / 0.075] + 1000 / (1+0.075)^25
Bond Price = $877.3835955 rounded off to $877.380
