Answer:
= $865.79
Explanation:
<em>The value of the bond is the present value (PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV).</em>
Value of Bond = PV of interest + PV of RV
The value of bond of Morin Company can be worked out as follows:
Step 1
PV of interest payment
PV = A × (1-(1+r)^(-n))/r
r- 8%, n- 10, A- interest payment = 60
PV of interest
= 60× (1- (1+0.08)^(-10)/0.08
= 402.60
Step 2
<em>PV of Redemption Value</em>
PV = RV × (1+r)^(-n)
= 1,000 × (1.08)^(-10)
= $463.193
Step 3
<em>Price of bond</em>
= $536.80 + 463.19
= $865.79
Answer:
$4,600
Explanation:
Data provided in the question:
Purchasing cost of the van = $20,000
Adjusted basis = $5,800
Worth of the van at the time of accident = $6,000
Insurance reimbursement = $1,200
Now,
The amount of Riley's casualty loss deduction will be
= Adjusted basis - insurance reimbursement
or
Amount of Riley's casualty loss deduction = $5,800 - $1,200
or
Amount of Riley's casualty loss deduction = $4,600
Answer:
Khi một lượng sản lượng cụ thể được sản xuất, một lượng thu nhập giống hệt nhau được tạo ra bởi vì sản lượng đó thuộc về một người nào đó. Do đó, chúng ta có nhận dạng rằng đầu ra bằng thu nhập (trong đó danh tính là một phương trình luôn đúng bất kể giá trị của bất kỳ biến nào).
Explanation:
When a particular quantity of output is produced, an identical quantity of income is generated because the output belongs to someone. Thus we have the identity that output equals income (where an identity is an equation that is always true regardless of the values of any variables).
Answer: Credit Additional Paid in Capital $198
Explanation:
Brett Corporation reissued the Treasury Stock at $29 which was $3 higher than the amount they had repurchased it for.
When stock is sold for a price higher or lower than they are worth, the balance goes to the Additional Paid-in Capital account. If it is sold higher, the balance is Credited to the Additional Paid-in Capital account and if it is sold for lower than it is worth, it is debited.
The Balance here is,
= $3 * 66 resold shares
= $198
This $198 will therefore be credited to the Additional Paid-in Capital account.
Answer:
It has a greater impact than service industries.
Explanation:
