Financial Accounting questions and answers in March 2021

For each option below, decide whether a TFSA or RRSP would be more appropriate and explain why (a) You earn $11,000 of income and want to save some money for either retirement or to buy a house in fiv...
Question 1 Kingston Plc is considering the purchase of a new machine. It has identified two possible machines with initial costs and expected cash savings per year as follows: Machine A has a useful...
In 2019, Cullumber Ltd. issued $48,000 of 8% bonds at par, with each $1,000 bond being convertible into 100 common shares. The company had revenues of $73,600 and expenses of $42,800 for 2020...
Please help me fill the gap 1) Used as a measurement of risk: ________________________________________________  measures the risk of a normal distribution by explaining about 68% of all out comes w...
Your supervisor has tasked you with evaluating several loans related to a new expansion project. Determine the annual payment on a $400,000, 8% business loan from a commercial bank that is to be amort...
I'm struggling to find the NPV for the below problem. I'm using the equation given in class and its still unclear. What formula do i use to calculate and where does each data point relate to the formu...