Joseph Swan but Thomas Edison later capitalized on the invention by improving it
Answer:
7.32
Explanation:
Swap rate is fixed rate that swap receiver requires for the paying the uncertain rate. SWAP rate is fixed interest rate that is required by Swap receiver in exchange of floating rate of LIBOR. Swap rate can be calculated by multiple formula using the spreadsheet. The formula listed below is the simplest version;
r = 
= 1-d (0, 4) /4 T=1 d(0,t) = 0.0732
= 7.32
Answer:
D. $42,000 should be debited to Land Improvements
Explanation:
The cost of the land housing the parking is recorded in the land account. Other costs such as paving cost and lights are improvements and as such are added and recorded in the Land Improvements accounts.
Total Land improvements = $30,000 + $12,000
= $42,000
The right answer is D. $42,000 should be debited to Land Improvements.