In a situation were the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.
Journal entryBased on the information given if the company issues the amount of $100,000 of 5%, 10-year bonds in the month of january the appropriate journal entry to record this transaction is:
Debit Cash $100,000
Credit Bond payable $100,000
(To record bonds sold at par value)
Inconclusion the issuer will records the sale with a debit to: Cash $100,000.
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Select all that apply Determine which of the following expenses are considered revenue expenditures related to a company vehicle. (Check all that apply.) Multiple select question. Engine overhaul Dent repair Installation of special equipment Car wash Oil change
Revenue expenditures are additional costs of plant assets that do not materially increase the asset’s life or productive capabilities. Hence, the answer the one that does not apply is Installation of special equipment.
Revenue expenditures related to a company vehicleEngine overhaul Dent repairCar wash andOil changeTherefore, the one that does not apply is Installation of special equipment.
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Answer:
dent repair , oil change ,car wash
Explanation:
When a manufacturer produces several products that are substitutes for one another and others that complement these products, it should use Blank______.
It is important that a manufacturer uses a Product-line pricing when its produces products that serves as substitutes for one another and others that complement these products.
What is a Product-line pricing?This is product pricing strategy that is implement when a firm has more than one product in a product line.
The pricing strategy ensured the profitability is achieved by a firm in the market.
Therefore, the pricing strategy is imporant to use when a products serves as substitutes for one another.
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In+a+survey+conducted+on+an+srs+of+200+american+adults,+72%+of+them+said+they+believed+in+aliens. +give+a+95%+confidence+interval+for+percent+of+american+adults+who+believe+in+aliens
Based on the size of the sample, the 95% confidence interval for American adults who believe in aliens is (0.6577719, 0.7822281).
What is the confidence interval?With a 95% interval, we can find the Z score using the Z table to be 1.96.
The 95% interval here would therefore be:
Lower limit:
= (Proportion that believes in Aliens - 1.96 x √((Proportion that believes in aliens x Percentage that doesn't)) / Sample size
= 0.72 - 1.96 x √((0.72 * 28) / 200)
= 0.6577719
Upper limit:
= 0.72 + 1.96 x √((0.72 * 28) / 200)
= 0.7822281
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What state in the country has the highest percent of their credit economy with subprime credit scores?.
Answer:
The state in the country has the highest percent of their credit economy with subprime credit scores is Mississippi.
Explanation:
hope this helps
The state in the country that has the highest percentage of credit economy with subprime credit scores is Mississippi.
What is a credit score?The creditworthiness of a client is shown by their credit score, which ranges from 300 to 850. The better a borrower seems to potential lenders, the higher their score.
A credit score is based on a person's credit history, including the number of open accounts, the total amount of debt, the history of payments, and other elements. Credit scores are used by lenders to determine the likelihood that a borrower would make timely loan repayments.
There are numerous credit bureaus in the US, but only Equifax, Experian, and TransUnion are of significant national importance. The market for gathering, examining, and disseminating data about consumers in the credit markets is dominated by this trio.
Financial institutions employ the credit score model that was developed by the Fair Isaac Corp., today is known as FICO. Although there are several credit scoring systems, the FICO Score is by far the most popular. A person may raise their score in a number of ways, such as by making loan repayments on time and maintaining a modest debt load.
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When roberto interviews for a job, he emphasizes how he can partner with the company to help it adapt to meet challenges.
A New Social Contract is emphasized by Roberro when he explained that he will help the company to adapt to meet challenges.
What is a New social contract?These are social contracts that helps to bring about equitable prosperity for a firm.
They are usually based on principles that includes:
stakeholder capitalismskill developmenteconomic security etcIn conclusion, the New Social Contract is emphasized by Roberro when he explained that he will help the company to adapt to meet challenges.
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What are the 5 factors taken into account when calculating a credit score?.
Answer:
Payment history. Payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. ...
Amounts owed. ...
Credit history length. ...
Credit mix. ...
New credit.
Explanation:
Patrick believes that it is his responsibility to speak on behalf of his team during meetings. However, Patrick's team members have not elected him to be their leader or spokesperson and feel that he is hindering them from expressing their opinions. This work team is most likely experiencing _____
In this case, the team is experiencing a minority domination which make them to choose not to elect patrick to be their leader since they felt he will hinder them from expressing their opinions.
What is a minority domination?A minority domination means a situation where a few members of a group dominate the team discussions.
In conclusion, because of the minority domination present in the team, these made them not to elect patrick to be their leader since they felt he will hinder them from expressing their opinions.
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5. Keisha is renting a one-bedroom apartment but allows her best friend to
move in and pay $200 per month to sleep on the couch for the summer
while she is between jobs. The apartment is burglarized one afternoon
when they are both out, and the thief steals both of their laptops, Keisha's
TV, and her best friend's wireless headphones. What will the insurance
company cover?
*
The renter insurance policy will cover:
Keisha’s laptop and TV10% of the cost of her friend’s laptop and headphonesWhat is a renters insurance?This is an insurance policy that covers losses to personal property and protects the insured from liability claim.
Hence, these insurance policy will provide for compensation for Keisha because she is the property owner and partial (i.e. 10%) coverage for loss of visitors property/
In conclusion, the renter insurance policy will cover Keisha’s laptop and TV and 10% of the cost of her friend’s laptop and headphones
Note: The renters insurance is effected.
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What criteria cannot be used to create a custom segment?.
Answer:
The segment builder lets you create the component filters of a segment based on Analytics dimensions and metrics.You choose a dimension or metric a comparative operator and you enter a value to set the condition for the filter.
Explanation:
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In the country of Agronomia, banks charge 10 percent interest on all loans. If the general price level has been increasing at the rate of 4 percent per year, the real rate of interest in Agronomia is
Assuming the general price level has been increasing at the rate of 4 percent per year, the real rate of interest in Agronomia is 6%.
Real rate of interestUsing this formula
Real rate of interest=Interest on all loans-General price level rate
Where:
Interest on all loans=10%
General price level rate=4%
Let plug in the formula
Real rate of interest=10%-4%
Real rate of interest=6%
Inconclusion the real rate of interest in Agronomia is 6%.
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What are marketing information systems?
Answer:
A marketing information system, or an MIS, is a system for gathering, storing, analyzing and distributing valuable marketing data to help marketers make better decisions
Why did the oil industry damage texas environment in its early years.
Answer:
water, air, and land was destroyed in the quest of money.
Explanation:
Allen Enterprises receives a $4,500, 5%, six-month note receivable from Wells Manufacturing. Allen also receives a $6,000, 4%, six-month note receivable from Felde Incorporated. What is the cash realizable value if Allen estimates bad debts as 2% of total notes receivable?
The cash realizable value from the two notes receivable if Allen Enterprises estimates bad debts as 2% of total notes receivable is $10,732.50
What are notes receivables?Notes receivables are treated as assets because they give the holder a right to receive some future value based on the givers' promises.
They usually attract some interests.
Data and Calculations:Notes Receivable Interest Total amount
A $4,500 $112.50 ($4,500 x 5% x 1/2) $4,612.50
B $6,000 $120 ($6,000 x 4% x 1/2) $6,120.00
Interest rate for Note A = 5%
Interest ratae for Note B = 4%
Maturity period for Notes A and B = 6 months
Estimated bad notes = $210 (10,500 x 2%)
Thus, the cash realizable value from the two notes receivable if Allen Enterprises estimates bad debts as 2% of total notes receivable is $10,732.50 ($4,612.50 + $6,120).
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Your younger cousin Mary is a rising senior in high school this year and has been researching the cost of attendance at several colleges. She emails you because she knows that you have just learned about paying for college and she has some serious concerns. Here are some excerpts from her email: --Despite her strong academic performance in high school and her interest in pursuing a career in chemical engineering, Mary reveals, “I’m starting to think that college just isn’t worth it. I don’t see how a college degree is going to help me in the future if it costs so much. Aren’t I better off just going straight into a job with my high school degree and saving my money?” --“I’ve been looking at the published costs of attendance on college websites, and they’re insanely high! There’s no way my family and I can afford such prices.” --“I know financial aid is available for students, but I don’t know what types there are, let alone how to apply for financial aid. Even if I knew how to apply, should I apply? I don’t think I’ll qualify and I don’t want to put in all that work for nothing.” --“I know that I have to start paying my loans right after I graduate college. But what if I don’t have a job by that time? And what if I can’t afford my monthly payments? I don’t want to take that risk.” You recognize that Mary has a few misconceptions and gaps in knowledge about how to pay for college and want to make sure that she makes a decision based on the right information. In 4-5 paragraphs, respond to Mary about each of her concerns.
Please note that the type of letter described above is an informal Letter. This is because there is an existing relationship with the recipient of the letter.
How do you write an Informal Letter?An informal letter should:
have your address on the top right cornerhave the date of the letter underneath your addressstart with a salutation such as "Hello Mary"have an introduction that is may or may not be personal. But preferably personal since you know Mary personally. For example, "It's been a while, Mary, I trust this meets you and yours well."have a body that is clear, and specific. Remember your intention is to narrate your experience. Use short sentences.have a great closing. You may use "Best" or "Warmest regards", or "Best wishes" since this is an informal letter.The last item should be your name and your signature. Your signature should come before your name.
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Undue influence cases often involve a relationship of trust and confidence between the contracting parties.
a. True
b. False
Please answer it is due in a hour please help
I will sure mark you as brainliest
Answer:
1.costs that do not change when sales or production volumes increase or decrease
2.Variable costs are costs that change as the quantity of the good or service that a business produces changes.
3.the level of production at which the costs of production equal the revenues for a product
Answer:
1) Fixed costs are costs that do not change when sales or production volumes increase or decrease.
2) A variable cost is a corporate expense that changes in proportion to how much a company produces or sells.
3) The breakeven point is the level of production at which the costs of production equal the revenues for a product.
True or false: A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling the stock. True false question. True False
A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling the stock: True.
What is a Stock?A stock is fractional ownership of equity in a company. Stock consists of all the ownership of an organization that is divided among members who acquire it. It is also an investment that represents ownership in a company.
In the case of a capital gain on a stock, it is counted as part of the total return whether or not the gain is realized from selling the stock. So this statement is True because the gain is also counted no matter the outcome of the stock.
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Using the percentage-of-receivables basis, Continental Industries estimates it has total bad debts of $25,150. If Continentalâs trial balance shows an Allowance for Doubtful Accounts with a debit balance of $8,750, which of the following adjusting entries should the firm make? Bad Debt Expense = Debit of $16,400; Allowance for Doubtful Accounts = Credit of $16,400 Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $16,400 Bad Debt Expense =Debit of $16,400; Allowance for Doubtful Accounts = Credit of $33,900 Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
Answer:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
Explanation:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
Should the firm make the following adjusting entries:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
What is Bad Debt Expense?When a receivable is no longer collectible because a customer is unable to fulfil their obligation to pay an outstanding debt due to bankruptcy or other financial problems, a bad debt expense is recognized. For example, if a company with $2,000,000 in sales expects 2% of sales to be uncollectible, their bad debt expense would be $40,000 ($2,000,000 * 0.02). Consider a roofing company that agrees to replace a customer's roof on credit for $10,000. A bad debt is any loan or outstanding balance that a company considers uncollectible. Bad debt is normal and expected for businesses that provide loans and credit to customers. There will almost certainly be customers who are unable to repay their debts.Therefore,
Should the firm make the following adjusting entries:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
When a firm's allowance account has a debit balance, the firm must add the debit balance ($8,750) to the required balance ($25,150) when making the adjusting entry (resulting in a credit of $33,900). The same amount should be deducted from the Bad Debt Expense.
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A concentration of minerals that could now be legally mined at a profit is called a.
Answer:
Reserve. resource
Explanation:
concentration of natural minerals in or on the crust of the Earth with potential to be extracted for profit.
Francis has the Standard Plan offered by his employer and is making an Office Visit to an in-network doctor to treat his flu-like symptoms. How much would Francis be asked to pay by the office manager in the doctor's office?
When Francis gets to the office of the doctor he is not going to have to pay any amount of money due to the standard plan.
Why would Francis pay 0 dollars for the standard plan?This is due to the fact that he is already covered by the insurance from the company that he works.
The plan requires one to pay pay some percentages for their health cost and the company that they work would pay some.
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How can you stop inappropriate text and pictures from appearing in search results? A. Use keywords. B. Change filtering settings. C. Click sponsored links. D. Add bookmarks.
The major step to stop inappropriate text and pictures that appear in search results is by changing the filtering settings.
What is the inappropriateness of text and pictures?An inappropriateness of text and pictures is that are not suitable or the quality of the text and pictures is unfit.
A change in filtering settings can help in stopping the inappropriate text and pictures that appear in search results.
Therefore, B is the correct option.
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According to president reagan’s model for supply-side economics, the first step to triggering a cycle of growth was reducing taxes. raising taxes. regulating businesses. creating government programs.
President Reagan's model for supply side economics emphasised on reducing taxes as the first step for triggering the cycle of Growth.
What is supply-side economics?Supply-side economics is a macroeconomic theory in which focus is given on supply side. In this theory Tax reduction ,decrease in regulation will ultimately improve the economic growth.
Producers will pass on the benifits to employees and on production front the produce will be more with lower prices.
Reducing taxes as per supply side economics will trigger a cycle of growth. Hence Option A is correct.
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Answer:
A
Explanation:
A company sells 800 units at $16 each, has variable costs of $12 per unit, and fixed costs of $1,200. Income is $
Assuming a company sells 800 units at $16 each, has variable costs of $12 per unit. The after-tax income is $1,200.
After-tax incomeUsing this formula
After-tax income=(Selling units×Selling price)-[(Variable costs×Selling price)+Fixed costs]×(1- tax rate)
Let plug in the formula
After-tax income=(800 units× $16 each)-[(800 units × $12 each)+$1200]×(1-.40)
After-tax income=$12,800-($9,600+$1,200)×0.60
After-tax income=$12,800-$10,800×0.60
After-tax income=$2,000×0.60
After-tax income=$1,200
Inconclusion the after-tax income is $1,200.
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A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is Group of answer choices less than 0. between zero and 1. between one and infinity. undefined.
Answer:
A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is a. less than 0.
Explanation:
A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is a. less than 0.
Definitions Types of Companies a. Purchases goods that are primarily in finished form for resale to customers. b. Records revenues when providing services to customers. c. Produces the goods they sell to customers.
The definitions of types of Companies is one that c. Produces the goods they sell to customers.
What is a company?A company serves as the legal entity formed by a group of individuals for production of goods and services.
They do engage in and operate a business which could be commercial or industrial enterprise.
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Anne is skilled at programming and wants to study computer science to become a systems analyst. She has researched the costs
associated with attending the school that offers her major and found it expensive to attend. She decides to enroll. What statement best
supports her decision to enroll?
O She can change majors and attend a more affordable university.
O She can obtain an associate's degree since it is cheaper than obtaining a bachelor's degree.
O She can work while attending college.
O She can apply for a scholarship to help fund her education expenses.
A statement which best supports her decision to enroll is that: D. She can apply for a scholarship to help fund her education expenses.
What is the decision-making process?The decision-making process can be defined as a cognitive process that involves gathering (obtaining) information, analyzing them, and then evaluating alternatives, so as to enable the proper selection of an optimum solution (choice) to a particular problem.
In this scenario, we can logically deduce that the statement which best supports Anne's decision to enroll despite the expensive costs, is that she can apply for a scholarship to help fund her education expenses.
In conclusion, scholarship is a programme that is designed and developed to offer grants to qualified students in order to help fund their education expenses.
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What element of the marketing mix has a unique role in that it is the place where all other business decisions come together?.
The element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as Place
What is marketing mix?The marketing mix relates to the collection of steps or strategies employed to sell the brand or commodity on the market by an company.
Elements of marketing mix include:
PlacePricePromotionProductHence, the element of marketing mix that has a unique role in that it is the place where all other business decisions come together is known as the place.
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Debts and obligations of a business are referred to as:.
Answer:
Liabilities
Explanation:
Liabilities are the debts and obligations that a business owes.
What four factors must be taken into consideration to determine the right price for a product?.
Factors that must be taken into consideration to determine the right price for a product are;
Costs of productionCustomers. Positioning of the products.Competitors that are available in the same marketWhat is a price?Price serve as the the cost consumers pay for a product.
The price of a product is it's value, however, one needs to consider the cost of production as well as what the consumer wants.
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The report that compares actual performance and budgeted performance based on actual activity level is called a ______ budget performance report.
Actual budget performance report compares actual performance and budgeted performance based on actual activity level.
What is a budget?A budget serves as a term that describes how to place our needs on our income, it is a way to balance our expenses and income.
Actual budget performance report gives room to
compares actual performance and budgeted performance based on actual activity level.
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Answer:
Flexible
Explanation: