Answer:
504.15 million.
Please find the detailed answer as follows:
Explanation:
Consider the following calculations. The key to solve the exercise is to apply the formula of compound interest.
Present Value = 190/(1+.18)^1 + (190 -2)/(1+.18)^2 + (190 - 2 - 2)/(1+.18)^3 + + (190 - 2 - 2 - 2)/(1+.18)^4 = 504.15 million
Answer:
a.Increase Net Income
Explanation:
Unearned Revenue
The Accrual Principle requires Incomes and expenses to be recorded in the period they occur or incur.
Revenue not earned has not yet occurred and can not be recognized hence no effect on revenues reported for the period.
Fees earned
Fees earned represents increases in economic benefits from non primary activities of the company.
This has the overall effect of increasing Net income in the reporting period
Answer:
Sean can not either realize the bond as the loss as business bad debt or as a worthless security.
Explanation:
- Whether Sean can take the bond as the loss as business bad debt? Sean can't take the bond as the loss as business bad debt because the bond is a security whose value is dropping because of various risks such as market risks, credit risks. There is no certain information given the bonds are going to be default.
- Whether Sean can take the bond as the loss as worthless security? Sean can't take the bond as the loss as worthless security because the security is still worthy ($50,000 each). Loss, in this case, is only realized when bonds is sold or completely worthless.
Answer: Option B
Explanation: In simple words, acceptance speech refers to the speech that is made by an individual generally after receiving award or similar honor as such.
In such a speech the receiving party shows gratitude and tries to connect with their audience by showing sentiments and proud of receiving the award. These speeches are usually very brief and to the point but sometimes an extension is made by the deceiving party, stating some past events or making motivational statements to the audience.
In the given case, Carlos revived the award and thanked the school authority. Hence from the above we can conclude that the correct option is B.
In the event that the savings funds rate is 0.02%, we can without much of a stretch understand for the measure of cash expected to every year produce the sum to cover the $9.99 expense. We structure the condition as: $9.99 = 0.0002*B, where B is the adjust. Dividing this we willl get 9.99/0.00002 = $49950.