The statement “Expenses, such as depreciation on buildings
are also known as variable expenses.”, is false, due to the fact that depreciation
is a fixed cost since throughout its useful life as an asset, it reoccurs in
the same amount per period, and thus, depreciation cannot be considered a
variable cost. Nevertheless, as with all things, there is an exception. The
depreciation will be sustained in a pattern that is more consistent with a
variable expense, only if a business recruits a usage-based depreciation methodology.
To add, the corporate expense that alters with the company’s
production output is called the variable cost.
Answer and Explanation:
The SoX sarbanes oxley act of 2002 was enacted to address company fraud that was exemplary of Eron and worldcom and bring back the confidence held in the financial market
It was meant to increase the effectiveness of internal control in companies in keeping accounting records or financial reports reliable and fraud-proof. The SOX act increased the independence of company auditors making their reports more reliable as they didn't have to compromise because they were dependent on top managers. In addition top managers were held responsible for any fraud in accounting statements and so were to certify the reliability of reports released to the public
Answer:
1. Explain who in the United States would gain?
The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles.
2. Who might lose from dismantling trade barriers between the United States and India?
<em>The USA will lose if trade barriers are dismantled.</em>
The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.
Explanation:
1. The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles. The government will make huge revenues from the import duties since India will manufacture the textiles at the cheapest costs per unit and influx the USA with affordable and quality clothing.
2. The USA will lose if trade barriers are dismantled.
The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.
The stock of money is determined through the federal reserve and does now not alternate while the interest price adjustments. this case method that the: “bond bubble, cash supply, and hobby prices have an inverse courting.
The word money derives from the Latin word moneta which means "coin" via French Monnaie. The Latin phrase is believed to originate from a temple of Juno, on Capitoline, considered one of Rome's seven hills. money has taken much paperwork via the ages, however, money continually has three features: keep of cost, a unit of account, and medium of alternate.
The 4 exclusive varieties of money as categorized by means of economists are industrial cash, fiduciary money, fiat cash, and commodity cash. money whose fee comes from a commodity of which it is made is referred to as commodity cash.
Money is a medium of exchange; it lets human beings attain what they want to stay. Bartering turned into one way that human beings exchanged goods for other items before cash turned into created. Like gold and other treasured metals, money has really been worth it due to the fact for most people it represents something valuable.
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Answer:
$578,408
Explanation:
face value = $503,500
maturity = 10 years x 2 = 20 periods
coupon rate = 8% / 2 = 4%
coupon = $20,140
YTM = 6% / 2 = 3%
using a financial calculator, the PV of the bonds = $578,408
Dr Cash 578,408
Cr Premium on bonds payable 74,908
Cr Bonds payable 503,500
