Answer:
The answer is D
Explanation:
A discount bond is a bond trading at less than a bond's par or facr value.
In this, interest will be paid before the maturity date and only the principal (face value) is paid at maturity. The interest rate is below that market interest rate.
While a premium bond is trading above the market interest rate
Answer:
B) Smaller Than 1
Explanation:
Snell's Law states that the ratio of the sines of incidence and refraction is equal to the ratio of the phase of velocities in the two phases. When light travels from a rarer medium like air to a denser medium like water, the light would be refracted towards the normal line. For example, the refractive index of air with respect to glass is represented as;
<em>sin i / sin r</em>
If light rays travel from glass which is a denser medium to a rarer medium which is air, the light rays would bend away from the normal line, and then the angle of refraction would be greater than the angle of incidence. So, the refractive index of the rarer medium which is air with respect to the denser medium which is glass will be smaller than 1.
Answer:
The unrealised profit (PURP) of $5,000 [ (125,000 * .20) * (.2) ] should be subtracted from the profit share of Non-Controlling Interest.
Explanation:
When we prepare consolidated financial statements, we treat the companies of group as a single entity. That's why the intra-group transactions must be removed the consolidated statements. This involve adjustment of current accounts, unrealised profit on sale of goods/non-current asset, loan given by one group company to another etc.
When goods are sold by one group company to another at a markup and the buyer has not yet sold it to the third party, then the markup (profit) loading on these items is unrealised from group's point of view. This needs to be removed from the consolidated accounts because no one can make profit by trading with himself. This profit is termed as realised when the goods are sold to the third party. In the individual accounts, profit on this transaction has a credit balance so to remove it we debit the "cost of goods sold of group" and a credit entry to it is made to "inventory". This credit entry to inventory bring down the balance of inventory to what was the cost of that inventory to the group. Moreover, the recording of revenue by seller and inventory by buyer on intra-group sales and purchase is also adjusted.
After all the adjustments are made, the profit is distributed between parent's retained earnings and non-controlling interest. Now if the seller of goods is subsidiary, like in this case, the amount of unreaslised profit is deducted from NCI's profit share to calculate the profit attributable to parent's retained earnings.
Hello! The answer would be D. $3,741. I hope this helps!
Answer:
C. not to eliminate the risks inherent in life, but to spread them around more efficiently
Explanation:
Insurance is an agreement where the insurer agrees to cover the losses that might arise if certain events occur to the insured.
Moral hazard and adverse selection are some of the negative issues that arise as a result of insurance.
I hope my answer helps you
