Answer:
see below
Explanation:
The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.
The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.
The "real interest rate" is the percentage change from the original number of tickets that could be purchased.
Answer:
The appropriate answer is "$22,305".
Explanation:
The given values are:
Estimated uncollectible,
= $22,750
Credit balance in allowance,
= $445
Now,
The bad debt expense will be:
= 
By substituting the values, we get
= 
= 
($)
Answer:
Explanation:
a) Confidence index=Yield on top-rated corporate bonds/ Yield on intermediate-grade corporate bonds
This year=9.3%/11.8%=0.788
Last Year=9.8%/11.3%=0.8673
b) From the calculations we can see that confidence index is decreasing from 0.8673 to 0.788.
Answer:
$176,800
Explanation:
Operating income ×income tax rate
$520,000 × 34% = $176,800
Therefore Provincial would report $176,800 of income tax expense as a separately stated line item in the income statement because $520,000 is the operating income tax before-tax income statement items and 34% is the actual income rate.
The answer is "polyphonic"
Hope this helps:)
