Answer: The statement given in the following question is <u><em>false. </em></u>
Explanation: While computing the effective interest rate method of amortization;<em><u> </u></em><u><em>we use the the market rate of interest thereby multiplying it by value of the bond at the beginning of the given period. </em></u>In the given question it's said that we consider the face value , which isn't right.
Therefore the statement given in the following question is <u><em>false. </em></u>
Answer:
Option C is correct.
Explanation:
Big Red Company allocates $12.50 per direct labor hour as the standard rate and uses direct labor cost to allocate its production overhead.
However, he setup time for SATA is three times as long as the setup time for SCSI although SCSI and SATA drives take the same time to produce.
This shows that SATA carries less than its full share of factory overhead.
Answer:
1. Albert has a recognized gain on the transfer of $140,000.
Explanation:
Option D is wrong because Gold corporation has a basis in the land of Albert's recognized gain plus the cost of the value of land's Albert. Therefore, $140,000 + $140,000 = $280,000.
Option A is correct because, under the recognized gain clause 357(C), the mortgage on the land exceeds the cost of value of the land by $(200,000 - $140,000) = $60,000. Moreover, Alberta has received $80,000 additional from notes payable. So, total recognized gain on the transfer = $80,000 + $60,000 = $140,000.
Answer:
Neither your self serving bias nor constructs nor ethnocentrism nor stereotypes. None of the stated
