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3 years ago

Investment interest expense includes:

Business

1 answer:

Oksana_A [137]3 years ago

8 0

Answer:

A)) interest expense from loans to purchase corporate bonds and interest expense from loans to purchase stocks.

Explanation:

An investment interest expense can be regarded as any amount of interest which is been paid on proceeds of loan that is been used in purchasing investments or securities. investment interest expense can be regarded as been deductible under some particular circumstances.

It should be noted that investment interest expense include;

✓interest expense from loans to purchase corporate bonds

✓ interest expense from loans to purchase stocks.

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quipment purchased in 2006 for $30 comma 000 must be replaced in late 2017. What is the estimated cost of the replacement equip

DiKsa [7]

Answer:

$53,355.7047

Explanation:

The computation of the estimated cost of the replacement cost is shown below:

Estimated cost = (old cost i.e purchased cost of an equipment ÷ Cost index of that year i.e 2006) × estimated cost index for 2017

= ($30,000 ÷ 149) × 265

= $53,355.7047

We simply applied the above formula so that the estimated cost could come

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3 years ago

Which of the following statements is true regarding the cumulative translation adjustment? Select one: Changes in the cumulative

vaieri [72.5K]

Answer:

The true statement is "The cumulative translation adjustment account affects the amount of gain or loss reported upon the sale of a foreign subsidiary".

Explanation:

The current technique needs that each one quality and accountability books be interpreted at this rate whereas shareholders’ justice accounts are interpreted at ancient altercation rates. The distinction is mirrored finished the additive conversion alteration, therefore the quantity of improvement or loss according upon the auction of a distant secondary to the additive conversion alteration.

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4 years ago

What can you expect when you ask clients for testimonials?

Bogdan [553]

Most clients rather than write out a testimonial are more willing to approve a testimonial that you've written as it saves time for them and improves their relationship with you.

5 0

4 years ago

Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. A

STatiana [176]

Answer:

Hie, the question you have provided is missing the Sales figures.

However steps to calculate the accounts receivable turnover are explained below:

Accounts receivable turnover is an activity ratio that shows how effective is the company managing credit extended to debtors.

Accounts receivable turnover = Net Credit Sales / Accounts Receivable

From Our Scenario we have the following

Net Credit Sales = Missing

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The Ratio is measured in times.

3 0

4 years ago

First deposit will be made one year from today, and the last deposit will be made on the day she retires. Her first withdrawal w

Kryger [21]

Answer:

The amount to be deposited each year till retirement = $2,287.31.

Amount needed on the retirement date = $2,343,311.99.

Explanation:

Amount needed on the retirement date in order to support the withdrawals post retirement is $2,343,311.99.

calculated using the PV function of Excel as follows: See the first attached file

The amount to be deposited each year till retirement is $2,287.31.

calculated using PMT function of Excel as follows: See attache file 2

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3 years ago