Answer:
option (b) $4,200 gain
Explanation:
Data provided in the question:
Par value of outstanding bonds = $119,000
Carrying value of the bonds = $108,700
Price at which bond is called = $104,500
Now,
Gain on the retirement is calculated using the relation as;
Gain on retirement
= Carrying value of Bonds - Price at which bond is called
= $108,700 - $104,500
= $4,200
Since, the result is positive, therefore a gain will be recognized
Hence, correct answer is option (b) $4,200 gain
Answer:
C-chart is the best suited for this since it is widely used to determine if the defects or returns are within the control limits or not.
Mean = average = 8 per day
Z=3
UcL = mean + 3[square root of mean]= 8+ 3 (Sq root of 8) = 16.48
LcL= mean - 3[ square foot of mean] = - 0.485
So the returns are within the control limits.
The three factors used to determine a company’s credit rating are its current ratio, its debt-to-equity ratio, and its interest coverage ratio.
<u>Explanation:</u>
- A credit rating comes in the list of the company’s annual performance targets. It helps to decide the company’s current year progress.
- A company’s debt-to-equity ratio is used to know the debt of a company as compared to the total equity. If this ratio is high, the company is taking on much debt.
- The current ratio marks a way to compute the liquidity of the company. It shows how well a firm is placed to meet the short term obligations. Broadly, a 2-1 ratio is considered a good ratio.
- The interest coverage ratio tells how well the company may pay its future loan payments. If the ratio is higher than 3-to-1, it suggests that the company is in a good position to make future payments.
17,000 * 17,000 * 0.15 = 43,350,000
(Hope this helps...)
