Answer:
$9,784.4
$10,325
$10,190
Explanation:
Given that:
- a Treasury note quoted at 97.844
- a corporate bond quoted at 103.25
- a municipal bond quoted at 101.90
As we know, The bonds are quoted on the price discount or premium, the listed price is a discount of less than 100 and more than 100 are on premiums
So, for a Treasury note quoted at 97.844% (discount price), we have:
Par value: $1,000
=> Value of the bond = $1,000 x 97.844% = $9,784.4
For a corporate bond quoted at 103.25% (premium price), we have:
Par value: $1,000
=> Value of the bond = $1,000*103.25% = $10,325
For a municipal bond quoted at 101.90% (premium price), we have:
Par value: $5,000
=> Value of the bond = $5,000*101.90% = $10,190
Hope it will find you well.
Answer:
3.5 years
Explanation:
The computation of the payback period is given below:
Given that
In year 0 = $32,000
In year 0 = $12,000
In year 1 = $8,000
In year 2 = $8,000
In year 3 = $20,000
In year 4 = $16,000
In year 5 = $16,000
Based on the above information
Now If we add the first 3 year cash inflows then it is $36,000
After this, we deduct the $36,000 from the $44,000 ($32,000 + $12,000) so the remaining amount would be $8,000 now if we added the fourth year cash inflow the total amount would be more than the initial investment.
Therefore, we deduct it
Now, the next year cash inflow is $16,000
Thus, the payback period is
= 3 years + $8,000 ÷ $16,000
= 3.5 yeas
Answer:
A.
Debit Unearned Revenue $11,250
Credit Sales $11,250
Explanation:
B. It is an income for the company. Prepaid subscription is an expense for the company. Therefore, it is incorrect.
C. It is contradictory as the company already recorded the first quarter transaction. Therefore, Unearned revenue should be debit. So, it is also incorrect.
D. According to the revenue recognition, revenue is recognized when they are earned. Therefore, the company acquired the cash when the company received last year. So, it is incorrect.
E. Again, cash cannot be credit. Therefore, it is incorrect.
A is the correct answer. As, when the company received the payment, unearned revenue was credit. As the income is now recorded for the first quarter, $(45,000/4) = $11,250 of unearned revenue becomes earned. So, it is debit. Since it is a sale of a company, the sale becomes credit.
Answer:
Work specialization.
Explanation:
Is an organizational structure. Work specialization is the degree to which task in the organization are divided into separate jobs with each step completed by a different person.
The theory of Work specialization is: breaking down large jobs into smaller components, and delegating different parts to individual workers.
Most managers today see work specialization as an important organizing mechanism as it helps employees to be more efficient.
Saves time by eliminating the need to switch between jobs.
