Answer: B costs
Explanation:
In business and accounting, cost is the monetary value that has been spent by a company in order to produce something.
Cost accounting aids in decision-making processes by allowing a company to calculate, evaluate, and monitor its costs.
Answer:
Nonoperating
Explanation:
The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.
Answer:
No goodwill impairment should be recognized by Orioles in 2018
Explanation:
Data provided in the question:
Goodwill related to the purchase = $741,000
Fair value of Special Products Division = $5,600,000
Goodwill existing on December 31, 2018 = $595,000
Now,
Here, the fair value of division including the goodwill i.e $5,600,000 is lower than the fair value of division excluding the goodwill i.e $595,000
Hence,
There will be impairment loss
Hence,
No goodwill impairment should be recognized by Orioles in 2018
Answer:
b. −1.79 percent
Explanation:
You can solve this using a financial calculator. I'm using TI BA II plus ;
First, find Price of the bond if YTM = 5.5%. Since it is semi-annual, adjust the YTM and total duration;
N = 13*2 = 26
I/Y = 5.5%/2 = 2.75%
PMT = (6%/2)*1000 = 30
FV = 1,000
CPT PV = $1046.01
Next, find Price of the bond if YTM = 5.7%.
N = 13*2 = 26
I/Y = 5.7%/2 = 2.85%
PMT = (6%/2)*1000 = 30
FV = 1,000
CPT PV = $1027.28
Percentage change =[ (New price- Old price)/Old price] *100
= -1.79%
A warranty is a form of consensus between the customer and the manufacturer that the product is able to deliver the function in a period of time. In this case, the phrase given means not exactly twenty people. Usually, the number of people are just estimated from the normal individual serving and the serving of the whole platter.
