$ $ $ Bond Prices 960 1,000 1,060 Bond Equivalent Annual Yield to Maturity 11.82 % 11.00 % 9.85 X % Effective Annual Yield to Maturity 12.17 % 11.30 % 10.09%

Q: Both answers came back incorrect?

A: NPV (Net Present Value) and IRR (Internal Rate of Return) are two popular financial metrics used to…

Q: The last part the reciporcal method is wrong. The other 2 are correct.

A: Reciprocal method : According to this method, service departments may actually give as well as…

Q: What kinds of errors would cause difference in the trial balance. Also listexamples that would not…

A: Generally, errors such as not posting properly, only posting half of the journal entry in the ledger…

Q: What are the two cases where Garner VS Murray rule is not applicable?

A: Generally, as per the Garner vs Murray rule, any capital loss incurred due to bankruptcy of the…

Q: Why is it crucial to estimate the MARR correctly?

A: It is the minimum return rate on the project which an entity computes prior to the staring of the…

Q: What items could increase the risk of material misstatement?

A: Risk of material misstatement (ROMM) is a risk that the financial statements when audited will…

Q: my instructor advises this answer is incorrect

A: Present value is an estimate of the present value of future cash values ​​that may be received at a…

Q: Which would cause the trial balance to have a not equal total

A: Trial balance is a statement that is prepared with the debit and credit balance of ledger accounts.

Q: unqualified is not the correct answer

A: PCAOB standards are those standards which maintain as well as establish the high quality of auditing…

Q: Explain Deficiency Judgment?

A: To borrow funds, borrower might be required to mortgage its property to the lender. In case that…

Q: Wrong Answer.     There is nothing in the question that isn't in English

A: Marika Katz bought a new blazer and insured it with compulsory insurance 10/20/5.10/20/5…

Q: Explain errors of principle and give two examples with measures to rectifythem.

A: An error of principle is an accounting mistake in which an entry is recorded in the incorrect…

Q: Hi the first part of the answer was incorrect but the second part was correct

A: The question is a follow-up question. The leaner has re-posted the question with the query so we…

Q: Determine if the mistake is counterbalancing or noncounterbalancing. Give a specific example for…

A: The mistake is counterbalancing or noncounterbalancing will be explained:

Q: Please assist, the answer of 230292 is not correct.

A: Income Statement - Income Statement includes income earned and expenses incurred during the…

Q: The use of the word “prior” is a key indicator that information is nonrelevant to a current…

A: The use of the word "prior" is not a key indicator to know that information is non-relevant to a…

Q: The risk of incorrect rejection is associated with the use of negative confirmations. Question 32…

A: The given Statement is True....

Q: Which of the following is the maximum misstatement that can exist in an account before it is…

A: MisstatementThe difference between the required amounts in the presentation or disclosure and the…

Q: It’s not easy sometimes to distinguish between a change in principle and a change in estimate. In…

A: Definition:   Accounting changes: Accounting changes are the alterations made to the accounting…

Q: It is not particularly important what allocation base is used in calculating the POHR as long as it…

A: Consistency in the application of the allocation base is indeed crucial when calculating the…

Q: percentage method

A: Income Tax refers to the amount paid to the government by the businesses and individuals on the…

Q: Would the above decision change if they applied the IRR method? When do the two methods give…

A: Data given:   Scenario A Scenario B Year Free Cash Flow ($) Free Cash Flow ($) 0 -87000…

Q: When two digits in an amount are accidentally recorded the wrong way round will be called as: a.…

A:

Q: Answers a and b were not correct

A: The concept of time value of money will be applicable here. As per the concept of time value of…

Q: Explain Charges and Liens?

A: The question is based on the concept of legal terms used to grant security against loan or debt.

Q: Under IFRS, the retrospective approach should not be used if:

A: Here is the answer :

Q: An information is called as correct if it is. a. Misleading b. Free from error c. Irrelevant d. Not…

A: An information is called as correct if it is not Misleading ,  Free from error , relevant and…

Q: If you approach a decision in the spirit of 'trial and error', you often O a. irreversible Ob. O b.…

A: A type of learning in which the organism successively tries various responses in a situation,…

Q: If the trial balance is balanced, are we certain that there are no errors in it? How so?

A: Trial balance is the statement which is prepared by an entity to check if the debits in the books…

Q: How can the owners be disclaimers?

A: A disclaimer is a term utilized to define or restrict the range of duties and rights enforceable in…

Q: Which is an error of omission

A: Accounting error is error in entering, computing, and analysis of data. This includes the recording…

Q: Does the MM theory appear to be correct according to either empirical research or observations…

A: The question is based on the concept of Modigliani Miller (MM) approach of capital structure and…

Q: According to IFRS, the retrospective technique should not be employed if any of the following…

A: The question explains about  According to IFRS, the retrospective technique should not be employed…

Q: Risk of material misstatements increases if

A: Please see the next step for the solution

Q: The discount approach, reinvestment approach and combined approach were all incorrect.

A: Formula of MIRR: MIRR =  n - 1where n = number of yearsMIRR discounting approach : Discount approach…

Q: What is the VIX index? What is it used for? What are considered high values for the VIX and what do…

A: Volatility: - Volatility is a measure of movement or price variation in assets on daily, weekly,…

Q: What does a deficiency judgment mean?

A: Deficiency judgement refers as if borrower takes money from a lender and he is  fails to return back…

Q: the last one is showing wrong

A: Answer 3) When a special order circumstance occurs, management must compute the necessary costs to…

Q: How do counterbalancing errors differ from noncounterbalancing errors?

A: Errors that occur in a specific period but are anticipated to be rectified in subsequent periods are…