Answer:
The bonds were issued at $87,590,959
Explanation:
The bonds will be issued at the present value of the coupon and maturity discounted by the market rate
C 6,000,000.000 ( 100 million x 6%)
time 30 (2051 - 2021)
market rate 7% = 7/100 = 0.07
PV $74,454,247.1010
PV of the maturity
Maturity 100,000,000.00
time 30.00
rate 0.07
PV 13,136,711.72
Total current value of the bonds:
PV coupon $ 74,454,247.1010
PV maturity $<u> 13,136, 711.7155 </u>
Total $87,590,958.8165
Answer:
The bill is $57.5
Explanation:
The computation of bill is shown below:
= Price for starters + price for main course + price for deserts + service charge tax
= $12.50 + $28.55 + $8.95 + $7.5
= $57.50
The service charge would be calculated by considering all food costing.
In mathematically
= Service tax rate × ( Price for starters + price for main course + price for deserts)
= 15% × ($12.50 + $28.55 + $8.95)
= 15% × $50
=$7.5
Hence, the bill is $57.5
When preparing the statement of owner's equity, the beginning capital balance can always be found in the general ledger.
- A general ledger is a book keeping ledger which shows the set of numbered accounts a business uses to keep track of its financial transactions and to prepare financial reports.
- Each account is a unique record summarizing a specific type of asset, liability, equity, revenue or expense.
- The general ledger consists of all the individual accounts needed to record the assets, liabilities, equity, revenue, expense, gain, and loss transactions of a business. In most cases, detailed transactions are recorded directly in these general ledger accounts.
- It helps you look at the bigger picture. Accounts including assets (fixed and current), liabilities, revenues, expenses, gains, and losses.
Thus the correct answer is option D.
To learn more about general ledger, refer: brainly.com/question/1436327
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Fixed expenses and flexible expenses or Discretionary expenses
