1. a balance sheet includes all except depreciation.
2. business do have to report their financial statements to the irs so this is true.
3. the loss that a company experiences when a service goes unused is a liability.
hope this helps ☺
Answer:
Part 1
<em>journal entry to record the investment in the bonds.</em>
Debit : Investment in Bonds $90,000
Credit : Cash $90,000
Part 2
<em>journal entry to record the first interest payment at the effective (market) rate.</em>
Debit : Investment in Bonds $7,200
Credit : Interest Income $7,200
Explanation:
The Summary of the Bond is :
FV = $100,000
PMT = ($100,000 x 6%) ÷ 2 = $3,000
I = 8 %
PV = - $90,000
P/YR = 2
N = ?
Using a Financial Calculator, the number of period payments to maturity N is 13.02.
Effective Interest = $90,000 x 8 % = $7,200
<span>Answer 70 minutes.
Explanation:
Total school working hours 8AM to 3:30 Pm is 420 minutes excluding the 30 min Lunch break.
Class hours = 7 periods of 50 minutes each = 350 minutes
so 420-350 =70 minutes time is spent in getting from one class or lunch period to another.</span>
Answer:
The correct option is reach a new market,option C
Explanation:
The strategy adopted by Procter and Gamble with respect to the deodorant is known as reaching a new market.
Market or market segment in this sense is a group of consumers who share similar characteristics such income level,age, level of education.
There is need to increase revenue and improve shareholders wealth,hence the company has to think out of the box by rebranding an old product instead of devising a new product that would incur more costs in terms of research and development in order to appeal to a new group of consumers,thereby increasing revenue overall.
