Answer:
Price of treasury bond in terms of percentage of face value is 102.106%
Explanation:
Given:
Face value (FV) = $1000
Coupon rate = 7% or 3.5% semi-annually
Coupon payment (PMT) = 1000×0.035 = $35
YTM (rate) = 6.5% or 3.25% semi-annually
Maturity period (nper) = 5×2 = 10 periods
Using PV function to calculate price of treasury bond:
=PV(rate,nper,pmt,FV)
Price of bond is $1021.06 (it is negative as it is a cash outflow)
Price of bond in terms of percentage of face value = 
=102.106%
They tell you that over time they changed and their prices went lower
Answer:
A. Debiting Cost of Goods Sold $7,000
Explanation:
The LIFO is a method used to account value for inventory. Under the method, the last item of inventory purchased is the first one sold.
At year-end, the perpetual inventory records of Anderson Co. indicate 60 units of a particular product in inventory, but a physical inventory taken at year-end indicates only 50 units of this product actually are on hand. So 10 units of the product was shrinkage.
The company should debit Cost of Goods Sold to record this inventory shrinkage.
Anderson Co. use LIFO method, the amount shrinkage product:
10 x $700 = $7,000
The correct answer is that "Abigail <span>is protected from wrongful discharge by the exception based on public policy."
Abigail won't be discharge because of the immoral conduct done by the company sh is working with, she has done the right thing about telling the authorities with regards to her discovery of the company's tampered research results.</span>
Answer:
B
Explanation:
Year end - December 31,2018 (first account year)
Pretax Income - $640,000
Interest expenses ( $20,000)
Excess warranty expense add back $45,000
Excess depreciation deducted ($120,000)
Taxable income = $545,000
Tax rate = 40%
Income tax expense for 2018 = $545,000 * 40%
=$218,000
