Answer:
b.$12,600
The bond effective interest expense for the year ended December 31 is $12,600
Explanation:
We need to get the computation of the discount value of the bond using the straight-line method first and Interest Earned
Discount Value= (Face Value - Sales Value) / Years
D.V= $105,000 - $99,750 / 5
D.V= $1,050 Per year
Interest Expenses= Face Value * Bond issued
=$105,000 * 11%
=$11,550
We need to Compute the interest expense of the bond as well
Bond Interest Expenses = Interest Expense + Discount Value
=$11,550 + $1,050
=$12,600
The bond effective interest expense for the year ended December 31 is $12,600
Answer:
2. Interest income will drop by less than $3 million for a sudden 1% drop in market interest rates
Explanation:
Since in the question it is mentioned that there is decrease in 2021 interest income of $3 million in the case when there is a sudden decline of 1% in the rate of interest of the market this is due to the convexity of the curve as the GAP analysis and assume straight line
So the option 2 is correct
Answer:
d. Enablers
Explanation:
This is a manager that will not micromanage things, as long as the employees follow the requirements(this is where the phrase comes on).
For example, in the NFL, Bill Bellichick may call the plays, but also let Tom Brady audible(change the play) at the line of scrimmage. This enables his players.
So the correct answer is:
d. Enablers
That statement is False.
Problem with multiple goals and priorities tend to ending up dividing the workers' focus.
This will eventually reduce the quality and efficiency of the operations and ending up in many of the goals left unfulfilled.
Answer:
$50,500
Explanation:
Calculation for by how much will Whispering Winds Corp. increase its van account
Using this formula
Increase in Van account =List price- Cash discount + Sales tax paid
Let plug in the formula
Increase in Van account=$52,000-$4,200+2,700
Increase in Van account=$50,500
Therefore by how much will Whispering Winds Corp. increase its van account will be $50,500
