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3 years ago

When using straight line amortization on premium bonds:_______.

Business

1 answer:

Vsevolod [243]3 years ago

5 0

Answer: the same interest income is reported each year

Explanation:

The straight-line amortization method is a simple way to amortize a bond as an equal amount of interest are allocated over every accounting period.

When using straight line amortization on premium bonds, the same interest income is reported each year. Therefore, option A is the best answer.

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Cash Flow Data for Interceptors, Inc. 2015 2016 2017 2018 Cash $ 54 $ 78 $ 102 $ 126 Cash from operations $ 146 $ 144 $ 141 $ 13

marysya [2.9K]

Answer:

Interceptors, Inc.

Cash flow from financing in 2018:

$71

Explanation:

a) Data and Calculations:

2015 2016 2017 2018

Cash $ 54 $ 78 $ 102 $ 126

Cash from operations $ 146 $ 144 $ 141 $ 136

Net capital spending $ 178 $ 173 $ 178 $ 183

Cash from financing $ 56 $ 53 $ 61

2015 2016 2017 2018

Cash at the beginning $30 $54 $78 $102

Cash from operations $ 146 $ 144 $ 141 $ 136

Cash from financing $ 56 $ 53 $ 61 $ 71

Net capital spending ($ 178) ($ 173) ($ 178) ($ 183)

Cash $ 54 $ 78 $ 102 $ 126

Cash from the beginning for 2015 = (Cash at the end plus net capital spending) minus (Cash from operations plus cash from financing)

= /$30 ($54 + $178) - ($146 + $56)

Cash from financing in 2018 = (Cash at the end plus net capital spending) minus (Cash from operations plus cash at the beginning)

= $71 ($126 + $183) - ($136 + $102)

7 0

3 years ago

5. All of the following are good ways to assess your interests and skills, except

solmaris [256]

The answer to this is D. Hope this helped :)

5 0

4 years ago

you need to write a report that shows a company‘s profits by division is located in regions around the country you should organi

Readme [11.4K]

Answer:

Answer is Making areas of the report that speak to each geographical region.

Refer below.

Explanation:

You need to write a report that shows a company‘s profits by division is located in regions around the country you should organize your report by:

Making areas of the report that speak to each geographical region

8 0

4 years ago

Once a document conveying an interest in real property is placed in the public records it is binding on the public, whether or n

asambeis [7]

Answer:

b. doctrine of constructive

Explanation:

According to the doctrine of constructive, the company or the people under the provisions of the companies law should have the knowledge of memorandum of association and the article of association but there is an exception towards the indoor management

Here in the given situation, represents the doctrine of constructive scenario

Hence, the correct option is B.

8 0

3 years ago

Many new ventures focusing on craft beer have been launched. If the goal is to make a profit, perhaps it would have been a bette

klemol [59]

Answer:

a. Total rate variance = $1,660 Unfavorable

b. Total efficiency variance = $450 Unfavorable

Explanation:

From the question, we have:

Standard for hops = 20 pounds per barrel

Standard rate = Standard rate for hops = $13.00 per pound

Barrels of Hopalong beer produced = 40

Actual quantity = Actual pounds of hops used = 830 pounds

Standard quantity = Standard pounds of hops = Standard for hops * Barrels of Hopalong beer produced = 20 * 40 = 800 pounds

Actual rate = Actual cost of hops per pound = $15

Therefore, we have:

a. Compute the total rate variance for the past month

Total rate variance = (Actual rate - Standard rate) * Actual quantity = ($15 - $13) * 830 = $1,660 Unfavorable

The total rate variance of $1,660 is unfavorable because the Actual rate is greater than the Standard rate.

b. Compute the total efficiency variance for the past month

Total efficiency variance = (Actual quantity - Standard quantity) * Standard rate = (830 - 800) * $15 = $450 Unfavorable

The total efficiency variance of $450 is unfavorable because the Actual quantity is greater than the Standard quantity.

6 0

3 years ago