Answer:
The accrued interest is $2,520
Explanation:
The computation of accrued interest is shown below:
= (Notes payable amount) × (interest rate) × (number of months ÷ total number of months in a year)
= ($42,000) × (8%) × (9 months ÷ 12 months)
= $2,520
The 9 months is computed from April 1, 2016, to December 31, 2016
. Moreover, all the item values are to be considered in the computation part.
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Eukaryotic cells have membrane bound organelles, including the nucleus. The word comes from the Greek Eu (well) and karyon (nut/kernel.)
Prokaryotic cells (which are bacteria and archae) do not have membrane bound organelles. The word comes from the prefix pro- (before) and karyon (nut/kernel.)
False. Diversification cannot reduce the risk of a portfolio because the prices of different securities do not move exactly together.
A diversified portfolio is a collection of various investments that work together to lower the overall risk profile of the investor. Owning stocks from a variety of various sectors, nations, and risk profiles as well as other investments like bonds, commodities, and real estate are examples of diversification.
Although it can help you control risk by distributing your investment funds among several asset classes and types of securities, diversification cannot completely remove risk or ensure a profit. The chance of losing money still exists.
For more questions like Diversification click the link below:
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Answer:
Understated by $14 million.
Explanation:
Accumulated depreciation 20,000,000
Deferred tax liability 6,000,000
Retained earnings 14,000,000