Answer:
The proceeds from the bond issue are allocated between the bonds and the warrants on the basis of their relative market values.
Explanation:
Bonds are securities issued by the company where investor can invest in such securities and can earn interest.
Warrants are rights which states that on redemption of bonds it shall be converted into company's shares.
When bonds are issued with detachable warrants, that means there is a basic amount of bonds and warrants. Also, each shall be accounted separately.
Bond issue of these bonds includes value of bonds that shall be accounted and added to value of bonds, and the value of warrants shall be accounted in warrants.
Answer:
$2,500
Explanation:
Bramble Corp., Inc
Purchase the component part externally $59,000 - $4,000
=$55,000
Direct Materials $23,000
Direct Labor $3,500
Variable Overhead $26,000
Total $52,500
Hence:
$55,000 -$52,500
=$2,500
Therefore the correct make-or-buy decision will be $2,500
Answer:
Contribution margin per composit unit is $56
Explanation:
Composit unit are the unit of sales which is made by combining multiple products. They are sold as a package. Their costs are calculated calculated.
Product Unit S. Price V. Cost / unit CM / unit No. of unit
Regular $20 $8 $16 1
Ultra $24 $4 $20 2
Composit Margin per unit = ( 1 x CM per unit Regular ) + ( 2 x CM per unit Ultra )
Composit Margin per unit = ( 1 x $16 ) + ( 2 x $20 )
Composit Margin per unit = $16 + $40
Composit Margin per unit = $56
Personal property.
Three fundamental categories of protection are covered by renters insurance, often known as tenants insurance: Personal possessions. Liability. Additional costs of living.
<h3>Of the following, which one is not protected by renter's insurance?</h3>
- Major weather catastrophes like earthquakes, landslides, sinkholes, and floods are not covered by renters insurance. In addition, if your roommate is not a named insured on the policy, the policy will not provide coverage for pest infestations (including bed bugs) or for your roommate's belongings.
- Renters' contents insurance covers the costs of replacing any stolen or damaged objects covered by the policy, protecting your things against theft and damage from fire, flood, storms, subsidence, burst pipes, and water leaks.
- Three fundamental categories of protection are covered by renters insurance, often known as tenants insurance: Personal possessions. Liability. Additional costs of living.
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Answer:
Quasi contract
Explanation:
A Quasi contract refers to an agreement between two parties who owed no past obligation to one another. It is a kind of a fictional contract which the law recognizes.
The characteristic feature of a quasi contract is that obligation is not created by any of the parties but by law. Such a contract does not exist out of agreement but by the operation of the law.
The objective behind imposition of such a contract by the law is to ensure fairness and justness to a party.
In the given case, Ann out of mistake, mowed Donna's lawn. Ann acted in good faith as she wasn't aware at the time of performing her duty but Donna was fully aware and let the act of mowing done to her own advantage. Later when Ann realized and asked for payment, Donna refused.
In this case, the party who acted in good faith would be at a loss if the law does not intervene and impose a contractual obligation on Donna to pay Ann for her work. The contract imposed by law in such a case under which Ann would recover her payment would be termed as a Quasi Contract.