Answer:
$1,032,260
Explanation:
Dove's unappropriated retained earnings balance as of December 31, 2016 = Unappropriated retained earnings balance on January 1, 2016 + Net income - Dividends distributions.
= 796,010 + 386,250 - 150,000.
= $1,032,260
Unappropriated retained earnings balance of Dove corporation as on December 31, 2016 is $1,032,260
Answer:
The answer is
A. $955,700
B. $570,900
C. $734,400
Explanation:
A. Cost of sales
Gross profit = Sales - Cost of sales.
Therefore, Cost of sales will now be:
Sales - Gross profit
$1,309,200 - $353,500
=$955,700
B. Direct materials cost
Direct materials cost = material purchased - indirect materials - ending material Inventory
$667,700 - $48,400 - $48,400
=$570,900
C.Direct labor cost
Direct labor cost = manufacturing costs for the period - Direct materials cost - Other factory overhead - Indirect labor
$1,445,400 - $570,900 - $22,300 - $117,800
=$734,400
The Bank of King's Landing would realize an unexpected benefit when the actual rate of inflation is lower than the expected rate of inflation.
<h3>Effect of Change in Inflation Rate on Lending</h3>
In monetary economics, when the actual rate of inflation is lower than projected, the lender or bank benefits since it is similar to receiving a bonus.
The lender or the bank, on the other hand, will lose if the rate of inflation is higher than predicted.
As a result, when the actual rate of inflation is lower than the forecast rate of inflation, the Bank of King's Landing will gain unexpectedly.
The reason for this is that the amount they receive will be worth more than they anticipated when they made the loans to the lords of Winterfell.
Learn more about how inflation affects lending here: brainly.com/question/14988663.
Answer:
$ 975.93
Explanation:
The market value of the bond can be computed using the pv formula in excel as follows:
=-pv(rate,nper,pmt,fv)
rate is the semiannual yield to maturity i.e 6.94%/2=3.47%
nper is the number of semiannual coupon payments the bondholders would receive ,which is 7*2=14
pmt is the semiannual coupon payment=$1000*6.5%*6/12=$32.5
fv is the face value at $1000
=-pv(3.47%,14,32.5,1000)
=$ 975.93
The price of the bond is $ 975.93 which means that it would be issued at a discount of $ 24.07 when compared to face value of $1000
Answer:
Here all the options given in the question are correct .
Explanation:
Managerial accounting is mainly done by the managers or management to prepare report for the internal users and with the help of such accounting , manager would be able to perform the planning, controlling and decision making activities. This accounting helps manager by providing useful data and estimates as soon as possible which would help in decision making. Managerial accounting does follow GAAP and IFRS but it is not mandatory for it to follow and also it is not compulsory for a company to perform managerial accounting .
