A bond with a $1,000 face value, five years to maturity and 6.3% annual coupon payments will trade at the greatest premium per $100 face value.
The dollar value of a financial asset when it is issued is referred to as its face value. The face value of a bond is the amount paid by the issuer at maturity, also known as "par value." A stock's face value, on the other hand, is the rate offered by the issuer once the stock would be first issued.
A bond may trade at a premium since such interest rate is greater than the market rate. The bond's price can also be influenced by the company's and the bond's credit ratings. Buyers are prepared to pay a higher price for a creditworthy bond issued by a financially viable issuer.
Here is the complete question-
If the yield to maturity of all of the following bonds is 6%, which will trade at the greatest premium per $100 face value?
A) a bond with a $10,000 face value, four years to maturity and 6.2% semiannual coupon payments
B) a bond with a $500 face value, seven years to maturity and 5.2% annual coupon payments
C) a bond with a $5,000 face value, seven years to maturity and 5.5% annual coupon
payments
D) a bond with a $1,000 face value, five years to maturity and 6.3% annual coupon payments
Learn more on face value-
https://brainly.com/question/14294215
#SPJ4
if consumers rate price at a mcdonald's restaurant on a 7-point scale using 1 for very unsatisfactory and 7 for very satisfactory, a mean score of 2.34 would be interpreted as:
If consumers rate price at a Mcdonald's restaurant on a 7-point scale using 1 for very unsatisfactory and 7 for very satisfactory, a mean score of 2.34 would be interpreted as an unsatisfactory price.
Define price.
Price, which is decided upon during a transaction, is the monetary value of a good, service, or resource. When a seller or manufacturer has monopoly power, they are considered to be price makers. Alternatively, pricing might be established by the market itself when businesses are price takers.
A price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production can go by several names in particular circumstances. The cost of the item will probably be referred to as its "price" if it is a "good" in the context of a commercial exchange.
To learn more satisfactory price refer to,
https://brainly.com/question/14717172
#SPJ4
economist smith believes that changes in aggregate demand affect only the price level, and economist jones believes that changes in aggregate demand affect only real gdp. what do the ad and as curves look like for each economist?
The relationship between overall price levels and total demand is not always obvious or direct. However, in the broadest sense, rising aggregate demand is correlated with rising price levels.
When the components of aggregate demand—consumption spending, investment expenditure, government spending, and spending on exports less imports—increase, so does aggregate demand.
Aggregate demand and price level: what are they?The total amount of finished products and services that are demanded in an economy is measured by aggregate demand. The total amount of money exchanged for those goods and services at a particular price point and period is how this measurement is expressed.
The price level represents the average of the current pricing for all goods and services produced.
To learn more about Aggregate demand and price level refer to:
https://brainly.com/question/1490249
#SPJ4
question content area which of the following is an example of a prepaid expense? a.unearned fees b.supplies c.unearned subscription revenue d.accounts receivable
Supplies are a prepaid expense.
Prepaid expenses are payments made in advance for assets that will be used over time. They include rent, insurance, supplies, equipment, and other similar sums.
Supplies are they a prepaid asset?Assets that are used up or come to an end become prepaid expenses. For instance, office supplies are regarded as an asset until they are utilized for business purposes, at which point they become a cost.
What expenses are regarded as prepaid?Rent or insurance are examples of prepaid expenses, which are future costs that are paid in advance. Prepaid expenses are first recorded as an asset on the balance sheet. The amount is then recorded as an expense as the benefits of the assets are realized over time.
Learn more about Prepaid expenses here:
https://brainly.com/question/28995167
#SPJ4
HELP QUICK PLEASE!!
Type the correct answer in the box. Spell all words correctly.
Which accounting principle is adopted to make adjustments to the trial balance so that the debit and the credit side balances?
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is _______ basis of accounting.
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is double-entry basis of accounting.
Why does the credit and debit side balance?In the Trial balance, the credits and debits must always balance to show that the assets in the company are perfectly matched and the result of liabilities and equity on the credit side.
The reason this happens is thanks to the double-entry basis of accounting. This double-entry basis is such that when a debit is recorded, a corresponding credit is also recorded.
Find out more on the trial balance at https://brainly.com/question/24217989
#SPJ1
which of the following statements is true? multiple choice platform businesses have a major weakness: they are not very successful at value creation. a platform business exists to help make matches among users and facilitate the exchange of goods, services or social currency. a platform business usually must rely on pipeline businesses to connect it with consumers. platform businesses are dependent on electronic media and thus are a new development in the business world.
A platform business exists to help make matches among users and facilitate the exchange of goods, services or social currency.
Social currency refers to the actual and potential resources of our presence in both digital and offline social networks and communities.
Social currency is personal assets and attributes that help you succeed in interactive social channels. The term generally refers to online social networks, especially these days, but also to real life and the hybrid online/physical environments typical of modern life.
Social currency is basically "influence currency". Brand followers, likes, comments, shares, and views have a monetary value. It's the extent to which people basically share brand information or the lifestyle of influencers sharing parts of their daily lives.
Learn more about Social currency https://brainly.com/question/23976852
#SPJ4
rebecca gladyn plans to attend graduate school in 5 years. she thinks that she will need a total of $32,000 to pay for school, and she wants to save money each month to reach her goal. what type of computation should she use? group of answer choices present value of a single amount future value of a single amount simple interest present value of an annuity future value of an annuity
The type of computation should Rebecca Gladyn use is Future value of an annuity. The future value of an annuity can be defined as the value of a group of recurring payments at a certain date in the future, assuming a discount rate or particular rate of return.
Future value of an annuity is used to calculate the balance of an investment account, including interest growth, after making monthly $1,000 contributions for 10 years. Future value of an annuity has formula such as:
F = P * ([1 + I]^N - 1 )/I,
Where P is equal to the payment amount, N is equal to the number of payments, I is equal to the discount or interest rate, and also F is equal to the future value of the annuity.
Learn more about Future value of an annuity here https://brainly.com/question/13369387
#SPJ4
g a stock has never before paid a dividend but is expected to make its first dividend payment in 5 years. if the first dividend payment is expected to be $3 and dividends are expected to grow at 6%, what is the stock expected to be worth four years from now if investors require a 12% return?
The price of the shares typically rises once a stock dividend is declared. A stock dividend lowers the book value per common share, which lowers the stock price because it increases the number of shares outstanding while the company's worth remains steady.
Stocks typically have an ex-dividend date set one business day prior to the record date. You won't get the following dividend payment if you buy a stock on or after the ex-dividend date. Instead, the payout goes to the seller. You receive the dividend if you buy before the ex-dividend date. Dividends per share are computed by dividing the total dividends paid by a company over a period of time (including interim dividends) by the number of shares of that company. In math, the dividend is calculated using the following formula: Dividend = Divisor x Quotient + Remainder. Typically, when we divide one integer by another, the result is expressed as x/y = z. In this case, the dividend is x, the divisor is y, and the quotient is z. Stocks with double-digit dividend growth rates are what we are searching for. 5-Year Dividend Growth Rate CAGR is at least 10%. We are seeking for equities with double-digit dividend growth rates, with a 10-year dividend growth rate CAGR of at least 10%.
Learn more about stock hear :
https://brainly.com/question/22367793
#SPJ4
When a firm assembles product chunks provided by outside contractors, the firm is employing a ________ structure.
Employing a modular structure is what a company does when it assembles product pieces that are supplied by outside contractors.
What is modular structure?A large product (like a car) can be separated into smaller, simpler components that are separately developed and produced using the modular design approach.
Any structure created for human or animal habitation, whether or whether it is intended to be set on a permanent base, is considered a modular construction.
Modular structures include pre-fabricated dwellings, modular homes, factory-built buildings, and sub-assembly for constructed residential and commercial units.
Learn more about modular structure, from:
brainly.com/question/14798245
#SPJ1
bill is planning on opening a clothing store selling apparel for men. he has signed exclusive agreements with several major luxury manufacturers. these manufacturers have given him a suggested retail price (msrp) that his research with potential customers has confirmed is the right price point. he has met with a local graphic design firm who will be developing displays, signs and print ads to build awareness of his business. based on this description, which element of the marketing mix does bill still need to work on?
The Exchange Process of the marketing mix bill still need to work on as he is planning on opening a clothing store selling apparel for men.
What is Exchange Process?A need or demand is easily satisfied through an exchange procedure when a person or organization agrees to offer some money, commodities, or services in return. You engage in exchange relationships all the time, and it's that easy.
Relationship marketing involves an extension of the exchange process. With relationship marketing, we deliberately consider our target audience's long-term relationship while we work to expand our business.
By continually providing value to our clients, we maintain a positive customer connection. The four actions that make up marketing are producing, communicating, delivering, and exchanging value. A marketing transaction occurs whenever two or more parties exchange goods or services.
Learn more about Exchange Process, here
https://brainly.com/question/10787770
#SPJ1
which of the following entities must use fund accounting for external financial reporting purposes? a. businesses b. nonprofit organizations c. state and local governments d. federal government
State and local governments must use fund accounting for external financial reporting purposes. Hence Option C is the answer.
Explain external financial reporting.Providing prospective investors and shareholders with frequent financial updates is a practice known as "external financial reporting." In order for investors to make an investment choice, the reports generally consist of financial statements and other pertinent information about the company. Investors, creditors, and lenders frequently utilize this data to assess a company's performance and debt repayment capacity. What goals are there for external financial reporting?
The creation of financial reports for external parties, particularly financial statements for external purposes, is addressed by external financial reporting objectives. The financial and accounting books and records of a company serve as the basis for additional external financial reporting.
To learn more about external financial reporting, visit:
https://brainly.com/question/28579751
#SPJ4
the movie industry in a country is controlled by six large studios that receive 90 percent of the annual revenues from movies. this is an example of a(n)
The movie industry in a country is controlled by six large studios that receive 90 percent of the annual revenues from movies. This is an example of a(n) oligopolistic competition.
What is competition?It creates jobs and gives people a choice of employers and jobs. Competition also reduces the revenues for government intervention by regulating businesses. A competition free market benefits consumers and society and protects revenues of an individual. Competition pushes individuals, businesses and markets to create new ways to maximize resources, do business outside the box, and reach customers. This not only increases our productivity, but also our own revenues of living. Monopolistic competition exists between monopoly and perfect competition and involves companies that combine elements of both and offer similar but not identical products. Restaurants, beauty salons, household goods, and clothing are examples of industries with monopoly competition.To learn about competition from the given link :
https://brainly.com/question/13686157
#SPJ4
meeting planning is a growing profession because select one: a. the profession involves practically all corporations b. it is mainly used by associations c. the convention market is growing d. all of the above e. none of the above
Meeting planning is a growing profession because the convention market is growing.
Meeting planning is a profession in which the planners arrange meeting, events or conventions in a proper and systematic manner.
Nowadays, there is a noticeable growth in the convention or event markets. It requires professional planners for these well organized meetings. That is why meeting planning has been a growing profession.
The event organizers seek professionals for planning important meetings, events or conventions. The planners control the whole event from every aspect to make a successful event or meeting.
Learn more about meeting planning at https://brainly.com/question/25453419
#SPJ4
How much money would need to be deposited into an account earning 5.75% interest compounded annually in order for the accumulated value at the end of 25 years to be $85,000? a. $75,425.52 b. $59,130.43 c. $21,009.20 d. $20,258.70 please select the best answer from the choices provided a b c d
In order for the total value to be $85,000 after 25 years, $21,009.20 would need to be deposited into an account earning 5.75% interest compounded annually.
Earnings are a company's net profits after taxes. This represents the bottom line or profitability of the business. In a company's financial accounts, earnings are arguably the most significant and heavily scrutinized figure. It displays a company's actual profitability in comparison to analyst estimates, previous performance, rival companies' earnings, and peers in the same industry.
Since profits can only be used in one of two ways—either investing them in the firm to boost future profits or paying dividends to stockholders—earnings are the primary factor in a public company's share price.
Learn more about deposited here
https://brainly.com/question/22697743
#SPJ4
What type of orientation is being used if a document is wider than it is tall?
A.
Marginal
B.
Indented
C.
Landscape
D.
Portrait
Answer:
D
Explanation:
Comment
Indented usually has to do with fonts. Not B
Marginal is simply not the answer.
Portrait is taller than it is wide. It usually has to do with selfies and pictures of graduates or wedding pictures.
The answer is Landscape.
the level of college education and wages earned are known to have a strong positive association. karen concluded that a college education causes higher earnings. is karen's conclusion valid? explain.
Karen's conclusion is not valid. The association between college education and wages earned could be due to a third factor, such as ability.
What is wages?
A wage is money paid to an employee by their employer for work completed over a certain amount of time. Wage payments include remunerative payments like prizes and tip payouts as well as compensatory payments like the minimum wage, prevailing wage, as well as annual bonuses. Wages are a component of the costs associated with operating a business. Regardless of the company's profitability, it is a duty to the employee. Payment by wage contrasts with salary, where the employer pays a set sum at regular intervals (such as a week month) regardless of the number of hours worked, commission, where pay is contingent on individual performance, and compensation based just on the company's performance as a whole.
To learn more about wages
https://brainly.com/question/1622389
#SPJ4
The primary aim of cellular respiration is to produce molecules of , which provide energy to the cell.
It is true that the primary aim of cellular respiration is to produce molecules of which provide energy to the cell.
What is cellular respiration?Cellular respiration can be define as the process by which chemical energy is obtained from the breaking down of foo substances.
The food substance contains glucose that produced organic molecules from where energy is generated.
The main energy produced in this process is ATP.
Therefore, the primary aim of cellular respiration is to produce molecules that provide energy to the cell.
learn more on ATP below
https://brainly.com/question/893601
#SPJ1
maria's firm manufactures homemade salsa. her product is sold around the country, but she adds extra jalapenos to her product sold in texas, new mexico, and arizona because those customers prefer the extra heat and spice. maria also markets the product differently based on the region of the country where it is sold. this represents what type of targeting strategy?
As Maria uses different product strategies for different countries, this type of strategy is called differentiated strategy.
In the field of business, a differentiated strategy can be described as the various techniques and products that make a company unique so that there sales can be increased.
In the case above, Maria creates unique products by adding extra jalapenos to her product sold in Texas, new Mexico, and Arizona so that her sales can be increased. Also, she chooses a unique marketing strategy according to the demands of consumers of a country. Hence, Maria is using a differentiated strategy in order to promote her products.
To learn more about differentiated strategy, click here:
https://brainly.com/question/15693120
#SPJ4
dole, famous for its pineapple products and other fruit items is interested in identifying the characteristics of individuals who purchase their products as well as what influences their decisions. in general terms, this type of study or domain of knowledge is called:
As Dole is interested in identifying the characteristics of individuals who purchase their products as well as what influences their decisions, in general terms, this type of study or domain of knowledge is called consumer behavior.
In the field of business, we can describe consumer behavior as an elaborative study of the people or organizations that use a particular product.
Consumer behavior helps in analyzing what kinds of products are most likely to be brought by which type of consumers and the reasons behind this consumption of this behavior.
As Dole also looks at in detail about the individuals who make purchases of pineapple products and the reason for making this decision, hence he is studying consumer behavior.
To learn more about consumer behavior, click here:
https://brainly.com/question/28101484
#SPJ4
frisk is contemplating an advertising campaign that will cost $20,000. frisk's variable expenses are 36% of sales. if sales increase by $80,000, the company's net operating income should increase by:
Variable costs for Pool Company account for 36% of sales. Pool is thinking about launching a $20,000 advertising campaign. The company's operating income should rise by $31,200 if sales rise by $80,000.
What is advertising?
To draw attention to a product as well as service, advertising practises and strategies are used. The goal of advertising is to draw attention to your good or service so that people will buy it. Although there are numerous other uses for advertising, it is typically used to promote a particular good that really is currently on sale. In contrast to public relations, advertising involves a message that is paid for and controlled by the advertiser. Since the message is not personalized—that is, not addressed to a specific person—it differs from personal selling.
To learn more about advertising
https://brainly.com/question/1658517
#SPJ4
which of the following is likely to result from a rapid rise in aggregate demand? a. rising prices b. increased unemployment c. static living standards d. surplus on the balance of payments
(d) deficit on the balance of payments.
A rapid rise in aggregate demand is likely to lead to inflation. This may cause a depreciation, which may lead to a deficit on the balance of payments.
What is balance of payments (BOP)?
A statement of all transactions between entities in one country and the rest of the world over a specified time period, such as a quarter or a year, is known as the balance of payments (BOP), sometimes known as the balance of international payments. It compiles a list of every transaction that citizens, businesses, and governmental organizations within a nation make with counterparts abroad.
In simple words, The BOP is all transactions between entities in one country and the rest of the world over some time.
There are three key BOP components, including the:
current accountcapital accountfinancial accountThe current account must balance the capital and financial accounts.
To learn more about Balance of payments (BOP) from the given link
https://brainly.com/question/14762484
#SPJ4
a taxpayer who decides not to pay a tax deficiency, must litigate in which court? a.u.s. tax court b.u.s. district court c.appropriate u.s. circuit court of appeals d.u.s. court of federal claims
Option (a) is the best choice. A taxpayer who chooses to dispute a tax debt must do so in U.S. tax court.
What is the Tax Court's function?One of the places where taxpayers can file a lawsuit to challenge IRS decisions is the Tax Court, and it's the only one where they can do so without paying any of the disputed taxes in advance. 19 members selected by the president make up the Tax Court.
The jurisdiction of the US Tax Court is what?As an independent judicial body for taxpayers contesting specific IRS determinations, Congress established the Tax Court. The Tax Court's jurisdiction is its right to decide certain cases. In general, a taxpayer can appeal certain IRS decisions by submitting a petition to the Tax Court.
Learn more about Tax Court: https://brainly.com/question/1789850
#SPJ1
startup firms that find new markets attractive but do not yet have products ready for delivery preannounce efforts causing potential adaptors to delay a purchasing decision until the new effort rolls out. group of answer choices true false
False, startup firms that find new markets attractive but do not yet have products ready for delivery preannounce efforts don't cause potential adaptors to delay a purchasing decision until the new effort rolls out.
A startup firm is a recently founded company with a certain momentum based on the perception of demand for its product or service. A startup's objective is to grow rapidly by offering a product or service that addresses a particular market need.
Startups are often led by one or two entrepreneurs who are eager to meet a market need by developing a fresh good or service. Small firms frequently want to remain small, while a startup business is more concerned with rapid and profitable expansion within its target market.
Startups are young companies founded with the intention of developing a unique product or service, marketing it, and making it difficult for customers to reject and replace it.
Startups are not expected to start making money right away. The goal is to raise money by floating the business. VCs and investors are often unimportant to small businesses. They typically anticipate making a profit straight away because they are following tried-and-true business practices.
To know more about startups: https://brainly.com/question/25881160
#SPJ4
true or false: there is no underpayment penalty assessed if the taxpayer chooses to pay nothing throughout the year, but sends in just enough of an estimated payment at year-end to meet the safe harbor rules.
It's untrue what they say. If a taxpayer elects to pay nothing during the year but sends in just enough of a projected payment at year's end to comply with safe harbor regulations, an underpayment penalty will be levied.
How can taxpayers guard against being hit with an underpayment penalty?In order to avoid a penalty, taxpayers should typically pay their estimated taxes in four equal installments. However, if your income fluctuates during the year, you might be able to adjust the annualized installment method's payment amounts to avoid or reduce the penalty.
What results in a penalty for underpaying taxes?Individuals' Underpayment of Estimated Tax If you don't pay enough anticipated tax on your income or you pay it late, you could face penalties as an individual, an estate, or a trust. Even if we owe you a refund, the penalty can still be applicable.
Learn more about underpaying taxes: https://brainly.com/question/14002261
#SPJ1
What effect does recording a capital expenditure as repairs and maintenance expense have on the financial statements of the current period?.
It overstates expenses and understates net income.An income statement does not instantly reflect money spent on CAPEX items.
What impact do capital investments have on financial statements?An income statement does not instantly reflect money spent on CAPEX items. Instead, it is considered as an asset on the balance sheet and is written off over a period of years as a depreciation expenditure, starting in the year after the item is purchased.Capex is computed by deducting the current amount from an aggregate of the property, plant, and equipment from the prior period. The depreciation charges for the current period are then increased by the remaining sum. Depreciation is assessed against fixed assets and amortization expenses are included.To learn more about net income refer to:
https://brainly.com/question/28390284
#SPJ4
a sheep farm produces $30 worth of wool. a suit manufacturer produces $60 worth of suits. a retail outlet sells a suit to a customer for $180. the change in gdp would be
a management statement that the property, plant, and equipment shown on the balance sheet was owned and available for sale at the balance sheet date is an example of the
Assertion. existence.
The creators of financial statements often make five accounting assertions. They are existence, completeness, rights and obligations, accuracy and valuation, and presentation and disclosure.
Which five audit assertions are there?The creators of financial statements often make five accounting assertions. They are existence, completeness, rights and obligations, accuracy and valuation, and presentation and disclosure.Analytical techniques, a test of transactional specifics, and testing of balancing specifics are the three categories of substantive exams.Basic Statement Simple expression of defending one's own rights, convictions, emotions, or viewpoints. Example: "Excuse me, I'd like to finish what I'm saying," to say while being interrupted.For instance, the company claims that cash exists when a financial statement shows a cash balance of $605,432. The business contends that the $234,100 reserve for uncollectibles is a correctly valued sum.To learn more about Assertions refer to:
https://brainly.com/question/26115325
#SPJ4
kelso electric is an all-equity firm with 55,250 shares of stock outstanding. the company is considering the issue of $375,000 in debt at an interest rate of 9 percent and using the proceeds to repurchase stock. under the new capital structure, there would be 34,500 shares of stock outstanding. ignore taxes. what is the break-even ebit between the two plans?
Break even EBIT between two plans = $89864.46
What is EBIT?
EBIT (earnings before interest and taxes) is a measure of a company's profitability. EBIT is calculated as revenue less expenses minus tax and interest. Able to operate earnings, operating profit, and financial gains before interest and taxes are other terms for EBIT. EBIT is synonymous with operating income because it measures the profit generated by a company's operations. EBIT focuses exclusively on a company's ability to generate income from operations by ignoring variables such as tax burden and capital structure by ignoring taxes and interest expense. EBIT is a particularly useful metric for determining a company's capacity to generate enough earnings to be lucrative, pay down debt, and fund current operations.
All Equity firm
Earning per share (EPS) = EBIT ( 1- tax ) / number of shares outstanding
EPS = EBIT(1-0)/ 55250
EPS= EBIT/55250
Plan 2: Debt - Equity firm
EPS = (EBIT- Interest) (1-tax) / number of shares outstanding
EPS= (EBIT- 375000*9%)(1-0)/34500
EPS= (EBIT-33750)/34500
At break even level of EBIT
EBIT/55250 = (EBIT-33750)/34500
34500EBIT= 55250*EBIT-1864687500
1864687500= EBIT(55250-34500)
EBIT= 1864687500/20750= $89864.46
Break even EBIT between two plans = $89864.46
To learn more about EBIT
https://brainly.com/question/14565042
#SPJ4
elements of project planning include: question 20 options: identifying time-cost tradeoffs. determining the project critical path. comparing project schedule objectives. all of the above
Elements of project planning include all of the above.
In the field of business, project planning refers to the planning aspect of a project, the cost, implementation, the work required, the critical paths, etc.
Through project planning, managers can estimate how much the total cost of the project will be and make a budget accordingly. All the critical paths in relation to a project are determined in project planning so solutions for them are already present. Based on project planning, the project schedules are compared to check if deadlines are being met in accordance with the estimated time.
Hence, all of the above options are correct.
To learn more about project planning, click here:
https://brainly.com/question/15410378
#SPJ4
the city of naples has investments in bonds. these bonds have an carrying value of $3,997,000. at year end, the financial press reports a market value of $3,994,600 for these bonds. the original cost of the bonds was $3,993,000. the par value at maturity will be $4,000,000. the amount at which the investments would be reported is:
Investments should be reported in the financial statements at their carrying value is C) $3,997,000.
The most critical economic declaration for most of the people of customers is probable to be the earnings assertion since it exhibits the capability of a commercial enterprise to generate earnings. Also, the facts indexed on the income declaration are in general in noticeably modern-day dollars, and so represent an inexpensive degree of accuracy.
Financial statements offer an image of a company's financial fitness, giving perception into its overall performance, operations, and cash waft. Financial statements are vital for the reason that they offer records about a business enterprise's revenue, charges, profitability, and debt.
Monetary statements can be used by managers to music overall performance, budgets, and other metrics, and as tools to make decisions, encourage groups, and keep a large-photograph mindset.
Disclaimer: The question is incomplete. Please read below to find the missing content.
Question: The City of Naples has investments in bonds. These bonds have a carrying value of $3,997,000. At year-end, the financial press reports a market value of $3,994,600 for these bonds. The original cost of the bonds was $3,993,000. The par value at maturity will be $4,000,000. The amount at which the investments would be reported is:
A) $4,000,000
B) $3,994,000
C) $3,997,000
D) $3,993,000
Learn more about Financial statements here https://brainly.com/question/26240841
#SPJ4
a company acquired a warehouse for $500,000, which it expects to use for 25 years with an estimated residual value of $100,000 at the end of that time. if the company employs the half-year convention, how much is depreciation expense for the year of acquisition?
$8,000 is the amortization expense for the year ended December 31, 2022 if a company acquired a warehouse for $500,000.
( acquired cost - estimated residual value) / time = amortization expense
if the company employs the half-year convention,
{( acquired cost - estimated residual value) / time}/2 = amortization expense
Hence,
($500,000-$100,000)/25=$16,000)/2=$8,000
$8,000 is the amortization expense for the year ended December 31, 2022.
Learn more on amortization expense -
https://brainly.com/question/24232991
#SPJ4