Answer:
$12.53
Explanation:
Data provided in the question
Par value = $1,000
Coupon rate = 2.5%
Reference CPI = 204.89
Now CPI = 205.44
By considering the above information, the correct calculation of the current interest payment is
= Par value × Current CPI ÷ Reference CPI × Coupon rate ÷ 2
= $1,000 × 205.44 ÷ 204.89 × 2.5% ÷ 2
= $12.53
We assume the interest is on semi annual payments
Answer: The correct cash balance for Sooner Company is "(C) $7,150."
Explanation: The balance of the company before the settlement was $ 5000. The data to take into account to adjust the differences are:
Notes collected by the bank $ 2,200
Service fee $ 50
<u>Therefore: 5000 + 2200 - 50 = $7150</u>
Answer:
An area with younger people will have a higher demand for rentals and a lower demand for buying.
Answer:
D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.
Explanation:
The issue of a disclaimer of opinion normally represent that the auditor could not able to form the opinion on the fairness of the financial statements that shows the financial position and the condition of the company.
He is not able to give his opinion for the company financial statements
So, the last option would be correct
And, the rest of the options would be incorrect
Answer:
C. backward vertical integration
Explanation:
Vertical integration is one in which the supply chain of a clothe producing company is owned by the
Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.
From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.
Cheers.
