Answer:
A) has no effect on the cash payments for interest reported in the operating activities section of the statement of cash flows
Explanation:
The amortization is an accounting method to match the difference in the nominal interest rate of bonds with the real interest rate the bond is yielding.
Th cash flow statment will just recognize the cash proceeds, which are calculate base on the face value, regardless of the premium or discount in the bond.
Answer:
The answer is a. $2,967.92
Explanation:
Calculation of prent value
Present value = p* (1+i)^-10
Present value = $4,500 * (1+0.0425)^-10= <u>$2,967.92</u>
The answer that best fits the blank is GOLD BULLION COINS. In order for you to avoid problems regarding storage, it would be best to invest in this kind of kinds. Typically, brokers would require at least 10 coins plus a 2% commission fee. Since it is gold and gold is considered to be one of the metals with a very high value, this would also mean that these coins also take the value of gold in the market.
Answer:
The correct answer would be, Decline in Customers.
Explanation:
P.T. Barnum was a successful American promoter. He founded Ringling Bros. and Barnum & Bailey Circus in 1871. At a young age, he moved to New York and tried a lot of businesses including newspaper publishing and running a boarding house.
He started the circus in 1871 which became a huge success just because of his work plus the tactics of advertisement he used to promote his work. According to him, Decline in the customers happen without publicity. He believed that people will come to see your show only if you have attracted them enough to get them out of their houses and come to see your show through your powerful advertisements.
