Answer:
yes, interviews are business
Explanation:
Answer:
Option (B) is correct.
Explanation:
Amount of which adjusting entry required:
= Amount of uncollectible accounts - Balance in Allowance for uncollectible accounts
= (Balance in accounts receivable × Estimated percentage of accounts receivable to be uncollectible) - Balance in Allowance for uncollectible accounts
= ($200,000 × 4%) - $2,000
= $8,000 - $2,000
= $6,000
Therefore, the adjusting entry is as follows:
Bad debt expense A/c Dr. $6,000
To Allowance for uncollectible accounts $6,000
(To record the bad debt expense)
Answer:
$116.78
$110.66
IRR is 3.03%
Find attached
Explanation:
The cash paid for the investment is the present value of all cash flows including coupon and face value promised by the bond discounted using the yield to maturity of 3.03%
=-pv(rate,nper,pmt,fv)
rate is the yield to maturity of 3.03%
nper is the number of annual coupon payments receivable by bondholders which is 10
pmt is the annual coupon=$100*5%=$5
fv is the face value of $100
=-pv(3.03%,10,5,100)=$116.78
Price after four years means that there are only six years left to maturity,hence, nper changes to 6
=-pv(3.03%,6,5,100)=$110.66
Answer:
are the losses which have already been incurred and which are unrecoverable.
Explanation:
Sunk costs are costs that have already been incurred and are not unrecoverable. They are not considered in future decision making.
Total cost is the sum of fixed and variable cost.
I hope my answer helps you
Answer:
$5.25
Explanation:
A preferred stock is sold at $54.20
The market return is 9.68%
Therefore the dividend amount can be calculated as follows
= 54.20 × 9.68/100
= 54.20 × 0.0968
= $5.25
Hence the dividend amount is $5.25
