Answer:
B) 60,100
Explanation:
Since months have passed between the bond issuance and October 31. The amortization of the premium received depends on the amount of interest recognized. When the effective interest method is used, interest expense is based on the yield rate and the beginning book value.
interest expense = ($1,000,000 + $62,000) x 10% x 6/12 = $53,100
interest payable = $1,000,000 x 11% x 6/12 = $55,000
the difference (bond premium) = $55,000 - $53,100 = $1,900
unamortized bond premium = $62,000 - $1,900 = $60,100
Answer:
The correct answer is letter "C": Project organization.
Explanation:
Gobeli, D. and Larson, E. published in the <em>Project Management Journal</em> (1987) the <em>Relative effectiveness of different project structures</em> after their study on how projects are organized and how that organization affects the results of the team. According to them, superlative effectiveness is accomplished in project organization structures.
Answer:
B. add value to
Explanation:
Customer service includes all forms of assistance and advise given to a firms' customer.
A firm with good customer service adds value to the firms' product.
For instance, if I buy a decoder and can't figure out how to set it up, if I contact a firm's customer service and they are unresponsive or provide bad service, I might be unable to effectively use the decoder. This would reduce the value of the decoder to me.
But if I contact the customer service and they are prompt to answer my questions and give assistance, the value of the decoder to me would be enhanced.
I hope my answer helps you
Answer:
A.) 33,000
Explanation:
The computation of the gross profit is as follows;
But before that following calculations need to be done
Percentage of completion = Cost incurred in 2020 ÷ Total cost
where,
Total cost = Cost incurred + estimated cost
= $180,000 + $200,000
= $380,000
Now
Percentage of completion is
= $180,000 ÷ $380,000
= 47.368%
Now
Revenue to be recognized in year 2020 is
= contract revenue × percentage of completion
= $450,000 × 47.368%
= $213,156
So,
Gross profit = Revenue - Cost
= $213,156 - $180,000
= $33,156
= $33,000