Answer:
b. Liabilities assumed, at book value.
Explanation:
International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) require everything (Assets, Liabilities and Non-controlling interest) to be measured at the fair market value, the amount a third-party would pay on the open market, at the time of acquisition — the date that the acquirer took control of the target company.
Answer: The following statements is true: <u><em>The amount of unamortized discount decreases from its balance at issuance date to a zero balance at maturity.</em></u>
Unamortized discount amount is decreased from balance at provision to a nil balance at due date. This is so , as it will be liquidated over entire bond’s life and thus will reach $ 0 maturity.
<u><em>Therefore, the correct option is (c).</em></u>
Answer:
Explanation:
- Given the equation ; Qxd = 10,000 − 4PX + 5PY + 2M + AX
- where PX is the price of X = $50
- PY is the price of good Y = $100
- and AX is the amount of advertising on X = 1,000 units
a) Calculate the quantity demanded of good X ; Plugging all the values into the equation ;
= 10,000 − 4(50) + 5(100) + 2(25,000) + 1000
Qxd = 61,300units
b) Calculate the own price elasticity of demand for good ;
= d(Qxd)/dpx X px/Qxd = -4 x 50/61,300
= 0.0033. hence he demand for goods is inelastic
c) l will surely recommend lowering the price as this is evident from the value of the price elasticity of demand which is negative as such an increase in the price of their goods will give rise to total loss
d ) cross-price elasticity between goods X and Y = %change in quantity/ %change in price
e) Calculate the income elasticity of good X. Is good X normal or an inferior good? = dQ/dM X M/Q = 2(25000) /61300
= 0.82.
Yes! Good X is a normal goods since the value of the income elasticity is positive.
Answer:
trademark
Explanation:
A trademark is a property which is intellectually a sign or a design which helps in the recognition of the product. The design or sign which particularly defines and helps in the identification of a product is said to be a trademark of a product. A trademark can be found on the location of the packaging, label or the product. Legally, it is recognized as intellectual property.
Answer:
$1,916.2
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. In this question the payment of $95 per month for 24 months at APR of 16% is an annuity.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where P = Annual payment = $95
First, Calculate the effective rate
EAR = ( 1 + 16%/12 )^12 - 1 = 17.2%
r = rate of return = 17.2% annual = 17.2% / 12 = 1.44% per month
n = number of years = 24 months
Placing value in the Formula
PV of annuity = $95 x [ ( 1- ( 1+ 1.44% )^-24 ) / 1.44% ]
PV of Annuity = $1,916.2
