Answer:
b) $1,045.31
Explanation:
The computation of the receiving amount is shown below:
Amount = Bid price × par value
where,
We assume the par value is $1,000
So, the amount equal to
= 104.5313 × $1,000
= $1,045.31
The bid price is the price at which the bank is purchased the financial security from the investor. Here the selling price is for the investor and the buying price is for the buyer
This is a flighting schedule method, which is where the normal ad schedule is targeted in a specific period of time and no ads are run the rest of the year (known as the cessation period).
Answer:
The journal entry to record the sale :
Debit : Note Receivable $120000
Credit : Sales Revenue $120000
Explanation:
The journal entry to record the sale includes a Debit entry of a Note Receivable at the amount owed by the customer since there was no immediate payment of cash and a Credit entry of Sales Revenue to recognize Income earned.
Answer:
D. the company does not have a legal obligation to pay dividends when promised.
Explanation:
Dividends are share of income distributed by the company to shareholders when the company performs good, and earns profit.
But since it is a distribution of income and not a mandatory payment, there might be chances that company do not pay dividends, and might retain the income earned for future growth prospects.
Thus, in order to earn money fast although the company promises to make dividend payments, but it shall be taken care, that the company will necessarily pay dividends.
Answer:
The GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.
Explanation:
This can be calculate using the following formula:
Real GDP in year five = Nominal GDP in year five / (GDP price deflator in year five / GDP price deflator in year-one) ................... (1)
Where;
Real GDP in year five = Amount of GDP in year five, stated in terms of year-one dollars = ?
Nominal GDP in year five = $15 trillion
GDP price deflator in year five = 125
GDP price deflator in year-one = 100
Substituting the into equation (1), we have:
Real GDP in year five = $15 / (125 / 100) = $15 / 1.25 = $12 trillion
Therefore, the GDP in year five, stated in terms of year-one dollars, is approximately $12 trillion.
