I tink its C. now 100% sure
hoped i helped plz make me the brainliest thx
Answer: a.Vacation pay earned by employees
Explanation: Adjusting entries refers to journal entry made to ensure that some financial activity is assigned to the posting period in which the activity occurred. Their main purpose is to match incomes and expenses to appropriate accounting periods. They are made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.
Answer:
Market Price $985.01
Explanation:
We have to convert the US semiannually rate to annually.
![(1 + 0.078/2)^{2} -1 = 0.079521](https://tex.z-dn.net/?f=%281%20%2B%200.078%2F2%29%5E%7B2%7D%20-1%20%3D%200.079521)
Now this is the annual rate spected for a similar US Bonds
So we are going to calculate the present value using this rate.
Present value of an annuity of 78 for 20 years at 7.9521%
![C * \frac{1-(1+r)^{-time} }{rate} = PV\\](https://tex.z-dn.net/?f=C%20%2A%20%5Cfrac%7B1-%281%2Br%29%5E%7B-time%7D%20%7D%7Brate%7D%20%3D%20PV%5C%5C)
![78 * \frac{1-(1+0.079521)^{-20} }{0.079521} = PV\\](https://tex.z-dn.net/?f=78%20%2A%20%5Cfrac%7B1-%281%2B0.079521%29%5E%7B-20%7D%20%7D%7B0.079521%7D%20%3D%20PV%5C%5C)
PV = 768.55
And we need to add the present value ofthe 1,000 euros at this rate
![\frac{Principal}{(1 + rate)^{time} = Present Value}](https://tex.z-dn.net/?f=%5Cfrac%7BPrincipal%7D%7B%281%20%2B%20rate%29%5E%7Btime%7D%20%3D%20Present%20Value%7D)
![\frac{1,000}{(1 + 0.079521)^{20} = Present Value }](https://tex.z-dn.net/?f=%5Cfrac%7B1%2C000%7D%7B%281%20%2B%200.079521%29%5E%7B20%7D%20%3D%20Present%20Value%20%7D)
Present Value = 216.4602211
Adding those two values together
$985.01
The reasoning behind this is that an american investor will prefer at equal price an US bonds because it compounds interest twice a year over the German Bonds.
Answer:
a)A foreign subsidiary with current assets in excess of current liabilities will cause a translation gain (loss) if the local currency appreciates (depreciates).
Explanation:
Answer:
The real rate of return is 0.10%
Explanation:
For computing the real rate of return, we need to apply the formula which is shown below:
( 1 + nominal rate) = ( 1 + real rate) × (1 + inflation rate)
So,
The real rate = {(1 + nominal rate) ÷ (1 + inflation rate)} - 1
= ((1 + 3.10%) ÷ (1 + 2%)} - 1
= (1.031 ÷ 1.02) - 1
= 1.0107 - 1
= 0.10
The Government T-bills is only the nominal rate so we considered this only