Answer:Make a single payment of principal when the bonds matured but multiple payment of interest over the life of the bond.
2.0600
Explanation:
Bonds normally has a life of span from one upward for which interest will be paid to the investors as compensation for use of their fund and the principal sum will be refunded on the expiration of the bond life.
The return on a bond is fixed as specified in the bond contract the inability to make payment as at when due may not affect the return obtainable from the bond initial contract.
Answer: a. The common-size balance sheet allow for comparison of firms with different levels of total assets by introducing a common denominator.
Explanation: The common-size balance sheets are those balance sheets in which the structure of each part of the assets, liabilities and equity major categories are detailed, each one with their absolute value (the amount) and their relative value (percentage of the total).
For example, assets are 5 million dollars, capital 3 million and liabilities 2 million. Cash is 1 million. So in the common-size balance sheet you will see Cash (or liquidity) for 1 million dollars and 20%.
This way you can compare two or more firms with different ammount of assets (one with 8 million with one of just 1 million, for example) as indicating which is the percentage of liquidity for each one, or their percetage of liabilities, etc. The relative value, which is made in the common-size balance sheets makes this comparisson possible.
Answer:
The correct answer is option b.
Explanation:
A tariff is a tax imposed on the imports of a product. It is used to restricts imports from another country by increasing the price of goods and services. Tariffs are generally of two types:
- Specific tariff
- Ad-valorem tariff
A quota is a quantitative restriction on imports of goods and services. An export subsidy is a type of subsidy that is paid to the domestic producers to encourage exports.
Dumping is a situation when a country, a firm or an industry sells a product in a foreign market at a lower price than what it charges in domestic market.
Answer:
$40,000
Explanation:
Dividend Payable
Opening Dividend $10,000
Add: Dividend Liability made $45,000
after Dividend declared
Less: Closing Dividend <u>$15,000</u>
Dividend to pay in Current year <u>$40,000</u>
Overhead is any cost that cannot be traced back to the physical product (i.e. not direct materials and direct labor). Therefore, we cannot use the direct labor and beginning raw materials in the calculation. The total factory overhead costs are $8,600.
The calculation is as follows:
Indirect materials: $1,600
Add: Indirect labor costs $4,600
Maintenance of factory equipment: $2,400
Total factory overhead costs: $8,600
Source: Finance MBA student :)
