Answer:
The correct option is <u>b. $67,700</u>.
Explanation:
Note: The data in the question are merged. They are therefore sorted before answering the question. See the attached pdf file for the question and the sorted data.
In accounting, when an old equipment is exchanged for a new equipment in a transaction that has commercial substance, the new equipment will be recorded at the fair value less any cash received.
Therefore, the amount at which Pensacola would record the new equipment A can be determined as follows:
<u>Particulars $ </u>
Fair value of Equipment A 80,100
Cash received <u> (12,400) </u>
Amount to record equipment A <u> 67,700 </u>
Therefore, Pensacola would record the new equipment for Equipment A at $67,700. And, the correct option is <u>b. $67,700</u>.
<span>this hierarchy would suggest that Hoosier enterprises has a Tall Organization.
Tall organization held the characteristic of having a large number of managers with only small area of responsibilities.
Because of this, the managers usually only have small level of control and manage only a few people in their team.</span>
Answer:
The annual YTM will be = 0.063496 or 6.3496% rounded off to 6.35%
Explanation:
The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,
YTM = [ ( C + (F - P / n)) / (F + P / 2) ]
Where,
- C is the semi annual coupon payment in case of semi annual bond
- F is the Face value of the bond
- P is the current value of the bond
- n is the number of semi annual periods to maturity in case of the semi annual coupon bond
Assuming that the face value of the bond is $1000.
Coupon payment - semi annual= 1000 * 0.05825 * 6/12 = 29.125
Number of semi annual periods = 3 * 2 = 6
YTM - semi annual= [ (29.125 + (1000 - 985.63 / 6)) / (1000 + 985.63 / 2)
YTM - semi annual= 0.031748 or 3.1748% rounded off to 3.17%
The annual YTM will be = 0.031748 * 2 = 0.063496 or 6.3496% rounded off to 6.35%
Answer:
Qualifying widow(er); $24,400.
Explanation:
If she has a dependent child and has not remarried until two years after her husband's death, she can file as Qualifying Widow (Widower) with Dependent Child.
At December 31, bright should record interest revenue of $100. Money gained by lending money or money acquired from depositing or investing can both be referred to as interest revenue.
Is interest revenue a liability or an asset?
If a company anticipates receiving the interest payment within the year, it typically records the interest receivable as a current asset on its balance sheet. Companies that collect interest from loans view this revenue as a significant source of income that belongs at the top of the income statement. It is the price of taking out a loan from a bank, financial institution, bond buyer, or another lender. In order to assist a business finance its operations, such as the acquisition of rival businesses or machinery, plant, and property, interest expense is incurred.
To learn more about interest revenue, refer to:
brainly.com/question/27992328
