Answer: $880.57
Explanation:
Assuming Par value of bond is $1,000.
Value of bond = (Coupon * Present value interest factor of annuity, no. years, required return) + Par Value/ (1 + required return)^ no. of years
Coupon = 5% * 1,000 = $50
Value of bond = (50 * 5.9713) + 1,000 / (1 + 7%)⁸
= 298.565 + 582
= $880.57
1. Mountain Tourism is a type of "tourism activity which takes place in a defined and limited geographical space such as hills or mountains with distinctive characteristics and attributes that are inherent to a specific landscape, topography, climate, biodiversity (flora and fauna) and local community.
2.
Inland trips means trips to the part of the country away from the coast, without specifying who is taking those trips. Such trips may let the world know about your country, or they may not.
Foreign trips. on the other hand, is fatally ambiguous. It can mean, and has been taken by others here to mean, trips by foreigners to your country, which would be what is asked for. But technically, a foreign trip is just a trip to a foreign country and the trip-takers should be presumed to be your fellow-countrymen; if they travel abroad, that would give them information about the world, not the other way about.
So the choice is between a bad answer and a very bad answer. I would say inland is less bad, but if the examiner thinks one choice is correct, you need to know how he thinks, not how the English language works.
I hope some of that may help I found it off the web.. sorry if it dosent
Answer:
<em>Net operating income $8,950</em>
Explanation:
<em>The overall impact on the net operating income is the amount of increase in contribution from the addtional sales less the increase in monthly advertising budget. </em>
<em> $</em>
Contribution = ($75 × 190) = 14,250
Fixed cost - advertising <u> ( 5,300) </u>
Net operating income <u> 8950</u>
Please, note that the fixed costs of $194,000 per month are not relevant for this decision. Simply because they would be incurred either way and that are not completely traceable to the increase sales.
Answer:
C) credit Sales Tax Payable for $21
Explanation:
Based on the information given In the same transaction, they must also CREDIT SALES TAX PAYABLE FOR $21 Calculated as:
First step is to calculate the sales tax element
Sales tax element = $371*6/106
Sales tax element= $21
Now let calculate what the Price exclusive of sales tax would be
Price exclusive of sales tax=$371-$21
Price exclusive of sales tax= $350
The correct journal entry should be:
Dr Cash $371
Cr Sales revenue $350
($371-$21)
Cr Sales tax payable $21
Answer:
B. procure-to-pay cycle.
Explanation:
Procure to pay -
It is the method of purchasing , requisitioning , accounting or paying for any services or goods .
It is the set of activities , which are needed firstly , to detect the need , to assign the supplier , approve it , acknowledge the receipt and at last payment to the supplier .
Hence , the correct term for the given statement is B. procure-to-pay cycle .