Answer and Explanation:
a) Discount:
Carrying Value:$106,554
Face Value:($118,000)
Discount:($11,446)
Calculate Gain/Loss:
Carrying Value:$106,554
Redemption Price:($120,360)
[118,000*102]
Loss:(13,806)
April 30 2022
Dr Bonds Payable $118,000
Dr Loss on Redemption $13,806
Cr Discount on Bonds Payable $11,446
Cr Cash $120,360
(Record retirement of bond at loss.)
(b)Calculate Premium:
Carrying Value:$271,021
Face Value:($250,400)
Premium:$20,621
Calculate Gain/Loss:
Carrying Value:$271,021
Redemption Price:($240,384)
[$250,400*96]
Gain$30,637
June 30, 2022
Dr Bonds Payable $250,400
Dr Premium on Bonds Payable $20,621
Cr Gain on Redemption $30,637
Cr Cash $240,384
(Record retirement of bond at gain.)
Answer:
A) Qualitative
Explanation:
Qualitative forecasting relies on expert judgment (AKA experience) instead of numerical analysis. Qualitative forecasting will be carried out by experienced employees and they will use their own working experience to calculate any possible future outcomes. This type of forecasting is specially useful for long term investments that are difficult to quantify using numerical analysis.
Answer:
The answer is behavioural segmentation
Explanation:
Behavioral Segmentation is a form of customer segmentation that divides consumers according to behavior patterns as they interact with a company. One of the objectives is to understand how to address the particular needs and desires of customer groups..
It helps us to analyze how consumers used their cards and how much they valued rewards. We have benefit-seeking buyers, Loyalty-oriented purchasing etc
Answer:
the rate of interest is 47%
Explanation:
The computation of the rate of return is shown below;
Given that
Future value = $300,000
Present value = 0.01
And, the NPER = 45
Now as we know that
Future value = Present value × (1 + rate of interest)^time period
$300,000 = 0.01 × (1 + rate of interest)^45
$300,000 ÷ 0.01 = (1 + rate of interest)^45
$30,000,000 = (1 + rate of interest)^45
(1 + rate of interest) = $30,000,000 ^(1 ÷ 45)
So the rate of interest is 47%
<span>increase the prime lending rate and decrease government spending</span>