Answer:
The answer is $788.12
Explanation:
Price of the bond is what the issuer will pay for the bond
The payment is semiannual.
Number of years (N) - 20 periods (10 years x 2)
Yield-to-maturity(YTM) - 7%( 14% ÷ 2)
Present Value(price of bond) = ?
Future Value(FV) = $1,000
Payment Coupon(PMT) = $50[(10% x $1000) ÷ 2]
Using a Financial calculator, price of the bond on semiannual basis is
$788.12
The failure to properly record an adjusting entry to accrue an expense will result in an understatement of expenses and an understatement of liabilities. This is further explained below.
<h3>What are expenses?</h3>
Generally, expenses are simply defined as what it would take or what it would cost to do anything.
In conclusion, Incorrectly recording an accrual adjustment entry will result in a misstatement of both costs and liabilities.
Read more about expenses
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Chavez set a price ceiling on food. This is represented by the letter C - A price ceiling is a control or limit imposed by a government over how high a price can be charged for a product. By doing this, Hugo Chavez made a huge blunder, since it resulted in the quantity of food demanded exceeding the quantity supplied. <span>This in turn resulted in people smuggling and hoarding food. </span>
I think that the answer would be 30% of the fixed costs for $60,300 plus $3800=64,100 ie including the loss which would be saved if the mountain bike business was eliminated. The $3800 represents the operating loss for the mountain bike business.
