Entries by mary WAMBUGU

Alpha company purchased a bond investment on Jan 1 2017. The bonds have a par of 10000, pay interest at a 5% annual rate and have 5 years until maturity.

September 10, 2019 in /by

Alpha company purchased a bond investment on Jan 1 2017. The bonds have a par of 10000, pay interest at a 5% annual rate and have 5 years until maturity. What is the total interest income that will be reported over the life of the bond investment if the bonds were purchased at 101 and […]

 

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Anderson Metals manufactures and sells #3 steel rebar that is used in the construction of slabs and driveways. The steel bar not only strengthens the finished concrete product, but it also has unique properties such that its temperature related expansion and contraction matches that of concrete.

September 10, 2019 in /by

Anderson Metals manufactures and sells #3 steel rebar that is used in the construction of slabs and driveways.  The steel bar not only strengthens the finished concrete product, but it also has unique properties such that its temperature related expansion and contraction matches that of concrete.  The product is manufactured and sold in 20′ long […]

 

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Four of the following eight statements are patently false. Find the four false statements. The other statements are true. For the false statements, mark the words that make the statement false.

September 10, 2019 in /by

Four of the following eight statements are patently false.  Find the four false statements.  The other statements are true.  For the false statements, mark the words that make the statement false. 1. A simplified explanation of ABC is that it attempts to divide production into its core activities, define the costs for those activities, and […]

 

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Greg Morrison recently graduated from mortuary school. He is considering opening his own funeral home.

September 10, 2019 in /by

Greg Morrison recently graduated from mortuary school.  He is considering opening his own funeral home.  A funeral home is a high-fixed cost business, as it requires considerable expenditures for facilities, labor, and equipment, no matter how many families are served.  Assume the annual fixed cost of operations is $800,000.  Further assume that the only significant […]

 

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