a contra-asset account, such as accumulated depreciation, will have a normal debit balance.
This problem is false statement.
What is accumulated depreciation?
Any collection of activities and procedures utilized during the manufacture of any items constitutes a manufacturing system. Businesses have evolved a number of diverse systems and procedures over time, but they have grown in significance as a component of any production environment.
Therefore,
This problem is false statement.
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Answer:
Most Likely to do:
" Try to learn why the customer likes the product, and suggest a similar but less expensive alternative."
This will help you to gain the customer's trust, and will most likely take or buy the alternative if he is convinced of getting the same functionality.
Least Likely to do:
"Offer to check with your Store Manager to see if anything can be done. Ask your Manager how to handle the situation."
This will probably not yield a positive result because the price would not likely be changed, and it may put you in a bad light under your Manager, as he will believe you can't think on your feet or improvise on your own.
Answer:
The current price of the bond would be € 898.87
Explanation:
Hi, we need to bring to present value the coupon payments and also the face value of the coupon in order to find the price of this bond, that can be done by using the following formula.
Where:
Coupon = 1,000*0.078=78
Yield = 0.089 (or 8.9%)
Face Value= 1,000
n = 20 coupon payments
So, everything should look like this.
Therefore, the price of this bond is € 898.87
Best of luck.
