题目内容
Yamaska Mining issued a. 5-year, $ 50 million face,6% semiannual bond when market interest rates were at 7%. What is the initial balance sheet liability and what is the cumulative interest expense (in dollars) that the company should report following the first half of the second year of the bond’s life (the third semiannual period) Initial liability Cumulative interest expense to end of first half of year 2 ①A. $ 47920849 $4500000 ②B. $ 47920849 $ 5051494 ③C. $ 50000000 $ 9000000
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Given the following data during periods of rising prices and stable or increasing inventory quantities : LIFO Inventory = $ 80000 FIFO Inventory = $ 90000 Retained Earnings = $125000 When adjusting the balance sheet from (LIFO) to (FIFO), approximately what is the percent-age change in retained earnings
A. 8.00%. |
B.
B. -12.50%. |
C.
C. 12.50%. |