Answer:
B. $15,556
Explanation:
As given in the question
Face value of bond = $400,000
Carrying value of bond = $388,900
Discount from par value = $11,100
Coupon rate = 3%
Bond yielding rate = 4%
Interest revenue for the year = Carrying value of bond x Bond yielding rate
Interest revenue for the year = 388,900 x 4%
Interest revenue for the year = $15,556
The correct option is B. $15,556.
Answer: A. Depreciation Expense and credits a contra-asset account.
Explanation:
Depreciation is an expense which means that when it is incurred, it will be debited because expenses are debited to show that they have increased.
Depreciation reduces the value of an asset so the asset needs to be credited which is what is done when an asset reduces. The full entry would therefore involved a debit to the Depreciation account and a credit to the asset account that is being depreciated.
The competitive capability which relates to flexibility is the reason that Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers.
<h3>What is the
competitive capability?</h3>
Competitive capability relates to the unique ability possess by a company over other competitors.
In this case, the Gymtastic possess the competitive capability called Flexibility.
In conclusion, the competitive capability which relates to flexibility is the reason that Gymtastic was able to serve large crowds of customers and then adjust operations to serve very few customers.
Read more about Competitive capability
<em>brainly.com/question/5319576</em>
Answer:
the contribution made to the production of 200 autos and 200 trucks is $9,000,000
Explanation:
The computation of the contribution made to the production of 200 autos and 200 trucks is shown below
Contribution to GDP is
= $30,000 × 200 + $15,000 × 200
= $6,000,000 + $3,000,000
= $9,000,000
Hence, the contribution made to the production of 200 autos and 200 trucks is $9,000,000
