According to the FASB, the primary objective of financial reporting is to provide information

A 10,000 par value bond with coupons at 8%, convertible semiannually, isbeing sold 3 years and 4 months before the bond matures.

Kay [80]

Answer:

$5,563

Explanation:

Calculation to determine the market price of the bond

First step is to calculate price of the bond 3 years and 4 months before the bond matures

Bonds price=$5,640 (1.03)^2/6

Bonds price=$5,695.84

Second step is to calculate the accrued coupon

Accrued coupon=1,000(8%/2)[(1.03)^2/6−1÷0.03

Accrued coupon=1,000(.04)[(1.03)^2/6−1÷0.03]

Accrued coupon=400[(1.03)^2/6−1÷0.03]

Accrued coupon=$132.02

Now let determine the the market price of the bond

Market price of Bond=$5,695.84−$132.02

Market price of Bond=$5,563

Therefore the market price of the bond is $5,563

3 0

3 years ago

Which NIMS Management Characteristic may include gathering, analyzing, and assessing weather service data from technical special

brilliants [131]

Answer:

Information and intelligence management

Explanation:

NIMs which stands for national incident management system. it is a system that direct all sort of organisation whether is is government, private or non government to work for prevention , respond to any incident occurs.

it is collective effort from all above organisation for prevention of any incident.

Information and intelligence management is one main characteristics of NIMS which gather all important information regarding any incident.

five steps of this characteristics are

planning and direction of work

collection of raw information

processing work

analysis of information

and circulation of information through various source

8 0

3 years ago

Which of the following are necessary to make a rational choice?

Daniel [21]

Answer:

the qnswe would have been c

7 0

4 years ago

Agile project management is superior to traditional project management in which of the following situations?

OleMash [197]

Answer:

The correct answer is (d) when you have a small, experienced team assigned to work on the project .

Explanation:

Agile project management is a project management methodology that is defined by its signature iterative and incremental approach to achieving requirements throughout the project life cycle. Its particularly suited for small dynamic projects and relies heavily on teamwork.

Traditional project management is a project methodology that emphasizes on a sequential predetermined approach to the project life cycle. The procedures to be followed throughout every phase of the project's life is already laid out. Changes to the laid down plan are not anticipated.This project management style is preferred for larger projects.

In conclusion,when you have a small, experienced team assigned to work on the project then you should utilize the agile project management style. Since the team is small, they are more suited to handle a smaller or medium project and will have to rely more on their teamwork to ensure project success. A traditional project management approach would require a bigger team whose experience wouldn't add any substantial edge since the project plan is already laid out. Additionally, a traditional project management approach is inherently personnel intensive, whereas the available personnel is smaller.

8 0

3 years ago

Alex, Inc. produces two different products, Product A and Product B. Alex uses a plant-wide volume-based costing system in which

artcher [175]

Answer:

d. Product A is under-costed and Product B is over-costed.

Explanation:

Alex, Inc.

Given Data

Activity Activity Rate Actual Activity Usage

Product A Product B

Design $600/design hour 200 300

Machining $1.25/machine hour 100,000 300,000

Inspection $500/batch 100 300

Calculated

Activity Based Overheads

Activity Activity Rate Actual Activity Cost

Product A Product B

Design $600/design hour 120,000 180,000

Machining $1.25/machine hour 125,000 375,000

Inspection $500/batch 50,000 150,000

 Total 295,000 705,000 

Now Plant-wide Overhead Calculations

Product A = $2.50* 100,000 = $ 250,000

Product B = $2.50* 300,000 = $ 750,000

Comparing Both results Product A Product B

Plant wide OH $ 250,000 $ 750,000

ABC OH 295,000 705,000 

Observation underscosted overcosted

5 0

3 years ago