Does business has a liability in respect of accountnt salary
Moonshine Enterprises hired an accountant at the rate of $1 000 per week. The person is to commence duty on 1 February. On 1 February, does the business have a liability in respect of the accountant's salary? Explain.
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AIG was effectively the largest unfunded investor in the super-senior tranches of the Abacus 2004 deal.This means that AIG: Effectively would sell the underlying subprime collateral as the mortgages began to default.
What is the forward price of your contract? Suppose both the 1-year and 15-year spot rates unexpectedly shift downward by 2 percent. What is the new price of the forward contract?
Describe how total variable costs and unit variable costs behave with changes in the level of activity. If fixed costs increase, what would be the impact on the contribution margin and income from operations?
China and America can each produce 100 million shirts a year. Who has the absolute advantage in each good? What is the opportunity cost for each country for computers?
Suppose the prices of defautable and default free zero coupon bond with principal of $1, for different maturities (in years) are as follows:
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On January 2, 2011, Mize Co. (Morton) issued at par $300,000 of 9% convertible bonds. Each $1,000 bond is convertible into 30 shares. No bonds were converted during 2007.
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