Russell Company has acquired a building with a loan that requires payments of $16,000 every six months for 3 years. The annual interest rate on the loan is 8%. What is the present value of the building? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use
appropriate factor(s) from the tables provided.)
A. $83,874
B. $23,262
C. $96,000
D. $41,234
E. $49,676
Answer: A
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Yankton Company began the year without an investment portfolio. During the year, they purchased investments classified as trading securities at a cost of $13,000 . At the end of the year, the market value of the securities was $11,000 . The Yankton Company's financial statements for the current year should show
a. a loss of $2,000 on the income statement and net trading securities of $13,000 on the balance sheet b. no loss on the income statement and net trading securities of $13,000 on the balance sheet c. no loss on the income statement, net trading securities of $11,000, and an unrealized loss of $2,000 as a stockholders' equity adjustment on the balance sheet d. a loss of $2,000 on the income statement and temporary investments of $11,000 on the balance sheet
If you use MLA style, your in-text citations include the author's last name and a page reference
Indicate whether the statement is true or false.
What does a cost variance measure?
A) the difference between the cost the company pays and the cost its competitors pay B) the change in costs over time C) how well the business keeps unit costs of material and labor inputs within standards D) the volume discounts companies receive when ordering direct materials in large quantities
Stress balls are beneficial to service desk analysts, as they can be squeezed and enable blood flow through fingers and arms and can also help strengthen analysts' grips.
Answer the following statement true (T) or false (F)