You have to read very carefully to make sure you dont miss any mistakes
Answer:
This is a repeat question on Brainly but here you go.
<h2><em>
$51,500
</em></h2>
Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent
So, the equipment amount should be debited at <em>$51,500
</em> instead of the original cost or the replacing cost
Answer:
a. True
Explanation:
An accounting framework represents a set of criteria that is used to measure, interpret, and disclose the information that appears in an organization's financial statements.
The law of several nations mandates the Management of a company to prepare and present their financial statements in accordance with the laws of the nation. Since the law mandates this, it makes it a legal requirement.
Answer:
cannibalization
Explanation:
Based on the information provided within the question it can be said that in this scenario the company is experiencing cannibalization. In the context of business strategies, this term refers to when a company experiences loss in sales revenue, volume, or even market share caused by introducing a new product by the same producer into the market. Which is what happened in this scenario as the company introduced Funday Film.
Answer:
Current price of bond is $1060.47
Explanation:
Coupon payment = 1000 x 8% = $80 yearly = 80/2 = $40 semiannually
Number of periods = n = 8 years x 2 periods per year = 16
Yield to maturity = 7% yearly = 7% / 2 = 3.5%
Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:
Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Price of the Bond =$80 x [ ( 1 - ( 1 + 3.5% )^-16 ) / 3.5% ] + [ $1,000 / ( 1 + 3.5% )^16 ]
Price of the Bond = $80 x [ ( 1 - ( 1.035 )^-16 ) / 0.035 ] + [ $1,000 / ( 1.035 )^16 ]
Price of the Bond = $483.76 + $576.71
Price of the Bond = $1,060.47
