Answer:
$ 4.02
Explanation:
Take two packs ×3 and it = 6 then take 6 × 67 and you get $4.02
Answer:
Beginning RE 708,900
prior period adjustment <u> 89,470 </u>
adjusted beginning RE 798,370
net income 1,663,000
cash dividends <u> (77,800) </u>
ending RE 2,383,570
Explanation:
The amend of the mistake is done to adjust the beginning retained earnings as it didn't occur in the current accounting cycle.
We have to added as it was posted as an expense something it wasnt Thus, our expense were overstated making a lower net income
then, we proceed normally by adding the net income and decreasing the cash dividends paid to arrive to ending RE
<span>The wealthiest nations of Southeast Asia, excluding Singapore (which is one of the wealthiest countries in the world) are Thailand and Malaysia, with Malaysia being in the 130th position according to GNI (Gross national Income) and Thailand in the 120th position (the higher the number the bigger the GNI). After this it's Indonesia in the 72nd place. </span>
Answer:
a) $393.65
b) $458.11
c) $217.63
Explanation:
Given data:
16-year ( n )
$1000 par value ( FV )
6% ( R )
A) determine the initial price of the bond
= FV / ( 1 + R ) ^ n
= 1000 / ( 1.06 ) ^ 16
= 1000 / 2.5403 = $393.65
B ) when interest rate drops to 5% determine the value of the zero-coupon rate of bond
= FV / ( 1 + R ) ^n
= 1000 / ( 1.05 ) ^ 16
= 1000 / 2.1829 = $458.11
C ) when interest rate increases to 10% determine the value of the zero-coupon rate of bond
= Fv / ( 1 + R ) ^ n
= 1000 / ( 1.1 ) ^ 16
= 1000 / 4.5950 = $217.63
Taxes levied on the sale, manufacture or use of specific items such as liquor, cigarettes, and gasoline are known as <u>selective sales taxes</u>, as well as <u>excise taxes.</u>
So, there aren't taxes on a whole bunch of products, but rather on a selected few, which (in the case of alcohol and cigarettes) are considered detrimental to the society and thus people who want to use them have to pay a little bit more in order to have that commodity.
