Answer:
To minimize risk, investors should investigate the market and diversify its portfolio.
Interest that builds on the principle and the interest already gained is compound interest
Money invested in a CD
always have a fixed rate of return and is less risky than money used to purchase a home.
Answer:
Option C) Littman's $179 expense will be greater than $100,000
Explanation:
Data:
Littman LLC placed in service on July 29, 2019, machinery and equipment (seven-year property) with a basis of $600,000. Littman's income for the current year before any depreciation deduction was $100,000
From the options, In order to minimize depression, Littman's $179 expense will be greater than $100,000. This will come from the profit loss reconciliation. Hence option C will be the correct option in this case.
Answer:
fringe benefit expense 4,300
Wages expense 72,000
Payroll tax expense 8, 100
Cash 84,400
Work In Process 70,896
Factory Overhead 13,504
Fringe benefit expense 4,300
Wages expense 72,000
Payroll tax expense 8, 100
Explanation:
The first entry will be the payment to the employees wages, benefit and payroll taxes.
Then, in the second entry we will capitalize this expenses into the WIP for the amount of direct labor.
And, into actual overhead for the amount of indirect labor.
Answer:
Henry is the intended beneficiary of the insurance policy and as such, he is bound to the time limitations and all the other clauses included in the contract.
Explanation:
Intended beneficiaries are third parties that can benefit from a contract. Third parties are not part of the contract and may not even know that they were included as beneficiaries in it, but they are bound by all the legal clauses included in the contract. They must be included in the contract and all the benefits they might obtain have to be explicitly established.
Answer:
maximum sum of $891.00
Explanation:
given data
Face Value = $1,000
Annual Coupon Rate = 9.50%
Time to Maturity = 15 years
yield to maturity = 11%
to find out
maximum price you should be willing to pay for the bond
solution
we know that Semiannual Coupon Rate will be = 4.75%
so semiannual Coupon will be = Semiannual Coupon Rate × Face Value
semiannual Coupon = 4.75% × $1,000
Semiannual Coupon = $47.50
and Semiannual Period will be for 15 year = 30
and Semiannual yield to maturity will be here YTM = 5.50%
so
Current Price will be here
Current Price = Semiannual Coupon × 
+ 
...................1
put here value
Current Price = $47.50 × 
+ 
Current Price = $891.00
so pay a maximum sum of $891.00
