Answer:
Total= $25,891
Explanation:
Giving the following information:
One year ago, the Jenkins Family Fun Center deposited $4,500 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $6,300 to this account. They plan on making a final deposit of $8,500 to the account next year.
We need to use the following formula:
FV= PV/(1+i)^n
FV= 4,500*(1.08)^5=6,612
FV= 6,300*(1.08)^4= 8,571
FV= 8,500*(1.08)^3= 10,708
Total= $25,891
Answer:
$42,480
Explanation:
Given that,
Value of bonds = $800,000
Interest rate = 10%
Selling price of bond (Book value) = $708,000
Priced to yield = 12%
The semi-annual yield is calculated as follows:
= 12% / 2 (because the interest is payable semiannually on June 30 and December 31)
= 6%
Therefore, the semi-annual bond interest expense:
= Selling price of bond × semi-annual yield
= $708,000 × 6%
= $42,480
Hence, the Blair should report bond interest expense for the six months ended June 30, 2021 in the amount of $42,480.
But the actual cash paid for the interest expense will be:
= (Value of bonds × Interest rate on bonds)
= [$800,000 × (10%/2)]
= $800,000 × 5%
= $40,000
So, the amortization for bond discount is the difference between actual cash paid and bond interest expense:
= $42,480 - $40,000
= $2,480
Answer:
The answer is B. included in U.S. GDP because they are produced domestically
Explanation:
Exports are included in the gross domestic product as the production is done locally. Apart from exports, imports are included in the GDP as well.
Answer:
A. $7,350
Explanation:
The computation of the vested benefit is shown below:
= Average salary × given percentage × five years × vesting percentage
= $70,000 × 3.5% × 5 years × 60%
= $7,350
Hence, the correct option is A.
Answer: Descriptive statistics uses the data to provide descriptions of the population, either through numerical calculations or graphs or tables. Inferential statistics makes inferences and predictions about a population based on a sample of data taken from the population in question.
Explanation: Scottsdale, AZ $167 0.973 12.43%
Washington, DC $436 0.990 2.88%
San Francisco $636 1.026 6.55%
as Vegas, NV $74 1.000 19.45%
Nashville, TN $106 0.973 18.09%
They are all Inferential study
