Answer:
$1,076,000
Explanation:
The computation of the carrying value of the bonds is shown below:
= Face value of the bond + unamortized bond premium
= $1,060,000 + $16,000
= $1,076,000
We simply added the face value of the bond and the unamortized bond premium so that the carrying value of the bond could come
All other information which is given is not relevant. hence, ignored it
Answer:
Gives equal weight to all cash flows arriving before the cutoff
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from a project.
A project with a shorter pay back period is favoured over projects with longer payback periods.
The payback period gives equal weights to all cash flows before arriving at a cut Off. The discounted payback period remedies this by discounting cash flows.
I hope my answer helps you
Answer:
d) $3,920
Explanation:
The computation of the borrowed amount is shown below:
= Beginning cash balance + expected cash receipts - expected cash disbursements - minimum monthly cash balance
= $5,480 + $56,200 - $60,600 - $5,000
= $3,920
We easily add to the starting cash balance the estimated cash receipts and deducted the expected cash disbursements and the minimum monthly cash balance, in order to get the correct value
Answer:
1. Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238.
Explanation:
The journal entry is shown below:
Note payable A/c Dr $7,238
Interest expense A/c Dr $7,000
To Cash A/c $14,238
(Being the first payment on the note is recorded)
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest
= $100,000 × 7%
= $7,000
And, the remaining balance left is reported in the note payable account
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Answer:</u></h2>
<em>Research </em>objectives<em> are specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.</em>
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Explanation:</u></h2>
<em>Marketing research serves marketing management by providing information which is relevant to decision-making. Marketing research does not itself make the decisions, nor does it guarantee success. Rather, marketing research helps to reduce the uncertainty surrounding the decisions to be made.</em>
