Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
For Jan.1,2020 value = $626,400
Interest rate = 7%
So, we can calculate the amount of bond interest expense by using following formula:
Interest Expense = Carrying Value × Market Interest Rate
By putting the value of following
Interest expense = $626,400 × 7%
= $626,400 × 0.07
= $43,838
Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.
This is incomplete because the question is missing, here is the missing question and options:
Which phase of team development does this situation describe?
A. Performing
B. Norming
C. Forming
D. Storming
The answer to this question is B. Norming
Explanation:
In team development, norming is the third stage in the process of creating a team and making its members work together. This stage occurs after members have known each other (forming) and had solved their problems (storming). Due to this, during this stage members are able to work together and there are clear roles, which facilitates communication and adaptation. This stage is the one described because roles have been defined "everyone is taking on leadership functions related to their roles" and it seems the integration after three months facilitates communication and changes "report back to the rest of the team and smoothly adjust the project plan."
The type of shopping that is being identified above is
acquisitional shopping because this is where consumers have the intention of
visiting or going to the store to shop in a way that they would purchase
products and acquire for services. It could be seen above as the shopping is
characterized because of the consumers will of having to purchase a specific
product.
Explanation:
For continuous compounding, we use the following formula
<u>Scenario 1 : </u>
FV = $ 90
N = 2 years
I = 6%
PV= ?
PV = $ 79.82
<u>Scenario 2:</u>
PV = $ 75.17
<u>Scenario 3:</u>
PV = $ 70.80
Answer:
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
<em></em>
Explanation:
We are told that the property is an interior lot, so we'll only consider one of the width of his plot, since the sidewalk can only pass through the front or the back of his property.
The property measures 100' x 500' , that is 100 ft width by 500 ft length
The cost of the sidewalk is $40 per linear ft
The city will pick up 50% of the cost.
For a width of the lot, the cost per linear length will be
100 x $40 = $4000
The city covers 50% of this cost, leaving 50% of the cost to the homeowner.
The homeowner's cost will be 50% of $4000
= 0.5 x $4000 =<em> $2000 </em>
<em>The amount that he will be charged in a special assessment tax to cover his cost of the sidewalk Is $2000 </em>
