Answer:
Loss on retirement of debt = $1,030,000
Explanation:
the company paid $7,070,000 in order to retire the bonds, and hte journal entry was:
Dr Bonds payable 7,000,000
Dr Loss on retirement of debt 1,030,000
Cr Cash 7,070,000
Cr Discount on bonds payable 960,000
Loss on retirement of debt = cash paid - carrying value = $7,070,000 - $6,040,000 = $1,030,000
Contact lists contain more information about a person than an address book. A contact list is a collection of screen names in an instant messaging or e-mail program or online game or mobile phone. a address book is a book for recording the names, addresses, and telephone numbers of friends, businesses.
Answer:
The expected return on the portfolio is:
10.31% ($3,331.40)
Explanation:
a) Data and Calculations:
Portfolio investments: Expected Returns % Expected Returns $
Stock M = $13,400 8.50% $1,139
Stock N = $18,900 11.60% $2,192.40
Total $32,300 10.31% $3,331.40
Total expected returns in percentage is Expected Returns $/Total Investments * 100
= $3,331.40/$32,300 * 100
= 10.31%
b) The expected returns on the portfolio is derived by calculating the expected returns for each investment and summing up. Then dividing the expected portfolio returns by the portfolio investment. This yields 10.31% percentage value.
Answer:
Memorial Hospital
From the information on how much the hospital is losing on deliveries, the change in profit for each extra delivery is:
= 16.3%.
Explanation:
a) Data and Calculations:
Average cost of deliveries = $5,000
Average revenue per delivery = $4,300 ($5,000 - $700)
Loss on each delivery = $700
The change in profit for each extra delivery is
= 16.3% ($700/$4,300 * 100)
b) The implication of the above information is that the hospital is losing 16.3% each time it performs a delivery because it cost it $5,000 while it can only receive $4,300 from each patient delivered.
