10,000 bushels of corn currently sells in the U. S. for $57,300. The current exchange rate is 55.02 rupees to the dollar. If purchasing power parity prevails, what is the price of 10,000 bushels of corn in rupees?
A) 2,152,646 rupees
B) 10,414.44 rupees
C) 55,020 rupees
D) 215,265 rupees
Answer: A
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On January 1, a company issues bonds dated January 1 with a par value of $400,000. The bonds mature in 5 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The market rate is 8% and the bonds are sold for $383,793. The journal entry to record the first interest payment using the effective interest method of amortization is:
A. Debit Interest Expense $15,351.72; credit Discount on Bonds Payable $1,351.72; credit Cash $14,000.00. B. Debit Interest Expense $15,351.72; credit Premium on Bonds Payable $1,351.72; credit Cash $14,000.00. C. Debit Interest Payable $14,000.00; credit Cash $14,000.00. D. Debit Interest Expense $12,648.28; debit Premium on Bonds Payable $1,351.72; credit Cash $14,000.00. E. Debit Interest Expense $12,648.28; debit Discount on Bonds Payable $1,351.72; credit Cash $14,000.00.
The bank's routing number ________.
A) contains 10 digits B) identifies the bank upon which the payment is drawn C) includes the account number of the business D) is not shown on the check
In what ways does CSRA reflect each of the tides of reform?
What will be an ideal response?
Ramus argues that employees are key stakeholders in the implementation of environmental commitment. _____________ is a key barrier to gaining their commitment?
a. Strategic auditing b. Intrinsic personal awards c. Extrinsic personal awards d. lack of support by line managers