On January 1, 2021, NFB Visual Aids issued $720,000 of its 20-year, 8% bonds. The bonds were priced to yield 10%. Interest is payable semiannually on June 30 and December 31. NFB Visual Aids records interest expense at the effective rate and elected the option to report these bonds at their fair value. On December 31, 2021, the fair value of the bonds was $600,000 as determined by their market value in the over-the-counter market. General (risk-free) interest rates did not change during 2021. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)
Required:
1-a. Determine the price of the bonds at January 1, 2021.
1-b to 4. Prepare the necessary Journal entries.

Answers

Answer 1

Answer and Explanation:

The computation of price of the bonds is shown below:-

Interest on Bond = Bond Face Value × Interest rate × 6 ÷ 12 months

= $720,000 × 8% × 6 ÷ 12

= $28,800

Present Value of interest payments = Interest on bond × PVAF(i%, n)

i = semi annual discounting rate = 10% × 6 ÷ 12

= 5%

n = number of semi annual periods

= 20 years × 2 periods

= 40 periods

Present Value of interest payments = $28,800 × PVAF(5%, 40)

= $28,800 × 17.15909

= $494,182

Present Value of Redemption Value = Redemption Value × PVF(5%, 40)

= $720,000 × 0.142046

= $102,273

Price of Bonds = $494,182 + $102,273

= $596,455

1-b The Journal entries are shown below:-

a. Cash Dr, 596,455

    Discount on Bonds Payable Dr, $123,545

                      To Bonds Payable $720,000

(Being the issuance of bonds is recorded)

b. Interest Expense Dr, $29,823 (596,455 × 10% × 6 ÷ 12)

             To Discount on Bonds Payable $1,023

             To Cash $28,800 ($720,000 × 8% × 6 ÷ 12)

(Being the first interest payment is recorded)

c. Interest Expense Dr, $29,874 (($596,455 + $1,023) × 10% × 6 ÷ 12)

              To Discount on Bonds Payable $1,074

              To Cash Dr, $28,800

($720,000 × 8% × 6 ÷ 12)

(To record the second interest payment)

d. Unrealized Holding Loss Dr, 1,448

                  To Fair Value Adjustment $1,448

(Being adjust the bonds to their fair value is recorded)

Working Notes:

1) Bonds Payable Value after adjusting Discount

= $596,455+$1,023+$1,074

= $598,552

Fair Value of Bonds as on Dec 31 = $600,000

Fair Value adjustment amount is

= $600,000 - $598,552

= $1,448


Related Questions

onsumer Economics: Tutorial
Part E
At what wage rate will there be excess labor supplied in the market?

Answers

Excess labor supply in the market occurs when the wage rate is above the equilibrium level.

Consumer economics refers to the study of how individuals and households make decisions about what they consume, how they save and invest, and how they allocate their resources.The wage rate at which there will be an excess supply of labor in the market is known as the equilibrium wage rate. This means that the quantity of labor demanded equals the quantity of labor supplied.

At a wage rate above the equilibrium level, there is a surplus of labor available as the quantity supplied of labor is greater than the quantity demanded for labor. On the other hand, at a wage rate below the equilibrium level, there is a shortage of labor as the quantity demanded of labor is greater than the quantity supplied for labor. Thus, the equilibrium wage rate is essential to maintain stability in the labor market.The equilibrium wage rate is determined by the forces of demand and supply.

The demand for labor arises from the demand for goods and services that labor produces. The supply of labor arises from the willingness of people to work at a particular wage rate. The equilibrium wage rate is the wage rate where the quantity of labor demanded is equal to the quantity of labor supplied in the market.Therefore, excess labor supply in the market occurs when the wage rate is above the equilibrium level.

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First to answer get brainliest

Answers

Answer:

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Explanation:

Answer:

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Explanation:

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Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current year, ABC has net income of $305,000 after deducting Robert's $91,500 salary. In addition to his compensation, ABC pays Robert dividends of $213,500.

a. What is Robert's qualified business income? $305,000? (correct)

b. What is Robert's qualified business income if you determined that reasonable compensation for someone with Robert's experience and responsibilities is $213500(incorrect), $91500(incorrect).

Answers

1. Robert's qualified business income is $305,000.

This is because Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business.

What is the net income and dividend?

During the current year, ABC has net income of $305,000 after deducting Robert's $91,500 salary. In addition to his compensation, ABC pays Robert dividends of $213,500.

If Robert's experience and responsibilities are valued at $213,500, then his qualified business income would also be $213,500.

Robert's income of $91,500 falls under the category of reasonable compensation, and hence, he will not have to pay any self-employment tax.

If Robert's skills and obligations justify a fair salary of $91,500, his eligible business earnings would amount to $123,000. Robert's salary of $91,500 would be viewed as justifiable remuneration and therefore exempt from self-employment tax.

The sum of $213,500 that Robert obtained from ABC as dividends would be liable to the self-employment tax.

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which accounting software packages provide CRM functions and automatic currency conversion

__ offers functions that also serve accounting purposes, such as CRM. __ is good for companies with subsidiaries in different counties

blank options- net suite, intacct, fresh books

Answers

Net suite offers functions that also serve accounting purposes, such as CRM. Intacct is good for companies with subsidiaries in different counties

Navigate to the Dependents and Benefits tab to manage your dependents and beneficiaries. A 360-degree review solicits comments from direct reports, peers who work closely with the employee, and supervisors in order to provide information to the individual from all perspectives.

A primary beneficiary is the person (or group of people or organizations) you name to receive your belongings after your death. If the primary beneficiary dies, the assets are distributed to the contingent beneficiary. Any property that is not expressly bequeathed to another beneficiary is distributed to a residuary beneficiary.

As a result, the criteria for selecting beneficiaries should be based on the overall purpose of the project. This may include job-related factors such as motivation.

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The following model is a simplified version of the multiple regression model used by

Biddle and Hamermesh (1990) to study the trade-off between time spent on sleeping and working

and to look at other factors affecting sleep:


Where sleep and totwrk (total work) are measured in minutes per week and educ and age are

measured in years.

A. If adults trade off sleep for work, what is the sign of ?

B. What signs do you think and will have?

Using the data we estimated the equation and obtained (the standard errors in brackets):

Sleep = 3.638.25 - 0.148 totwrk - 11.13 educ + 2.20age

(112.28) (0.017) (5.88) (1.45)

n = 706 R2 = 0.113
C. Is either educ or age individually significant at the 5% level against a two-sided
alternative?
Dropping educ and age from the equation gives
Sleep = 3.586.38 - 0.151 totwrk
(38.91) (0.017)
n = 706 R
2
= 0.103

Are educ and age jointly significant in the original equation at the 5% level?
D. Does including educ and age in the model greatly affect the estimated trade-off between
sleeping and working?
E. Suppose that the sleep equation contains heteroskedasticity. What does it mean about the
tests computed in B and D

Answers

Answer:

A. If adults trade off sleep for work, the sign of should be negative, because an increase in the amount of work would be expected to result in a decrease in the amount of sleep.

B. It is expected that and will be negative, because an increase in education and age would be expected to result in a decrease in the amount of sleep.

C. Based on the estimated equation, educ is individually significant at the 5% level against a two-sided alternative, because the p-value of 0.000 is less than 0.05. Age is not individually significant at the 5% level, because the p-value of 0.139 is greater than 0.05.

D. Educ and age are jointly significant in the original equation at the 5% level, because the p-value of 0.000 is less than 0.05.

E. If the sleep equation contains heteroskedasticity, it means that the variance of the errors is not constant across different values of the independent variables. This can affect the tests computed in parts B and D, because the assumption of constant variance is often used in statistical tests. Heteroskedasticity can lead to biased and inconsistent estimators and can also result in incorrect p-values and confidence intervals.

Explanation:

Why is it important to remove any emotional feelings when composing an e-mail? Explain using support from the chapter.

Answers

The removal of emotional feelings would be helpful because you woul be able to communicate your thoughts better and also use the language that is more appropriate in your speech.

Why a person has to write a mail in the best way

Misunderstandings, strained relationships, and subpar business decisions may result from this. We should be conscious that emails can have a "tone" given that many of us must communicate via email and text. People will recall an email's emotional tone more clearly and for a longer period of time than its actual content.

Never send an email while feeling particularly emotional. Take a deep breath, then send it. Better yet, pick up the phone and have a straightforward conversation.

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Which of the following statements is true regarding project managers?
O a. Project managers have authority over the project but not over the people assigned to it.
O b. Project managers have authority over finances but not over the product assigned to them.
c. Project managers have authority over resources but not over the project assigned to them.
d. Project managers have authority over people but not over the project assigned to them.
O e. Project managers have authority over people but not over the other resources assigned to the project.

Answers

The truth regarding project managers is option a. Project managers have authority over the project but not over the people assigned to it.

As the leader of a project, a project manager is responsible for ensuring the project's success by overseeing various aspects such as planning, execution, monitoring, and closure. They are also in charge of managing the project's scope, time, cost, quality, and risks. However, a project manager's authority over the people assigned to the project is often limited.

While they can assign tasks and set deadlines, they may not have direct control over the team members, as these individuals usually report to their functional managers. Project managers work with functional managers to coordinate resources and ensure team members are engaged and contributing effectively to the project. This arrangement enables project managers to focus on the overall project objectives and delegate specific tasks to team members with relevant expertise.

Project managers rely on their communication, negotiation, and problem-solving skills to work effectively with team members and stakeholders to achieve project goals. In summary, project managers have authority over the project, but their authority over the people assigned to it is often limited, as team members usually report to their respective functional managers. Therefore, the correct answer is option a.

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what is the cell membrane? ​

Answers

Answer:

a cell membrane is a double layer of lipids and proteins that surrounds a cell

An insurance settlement offer includes annual payments of $36,000, $42,000, and $50,000 over the next three years, respectively, with the first payment being made one year from today. What is the minimum amount you should accept today as a lump sum settlement if your discount rate is 7 percent?
A. $119,877.67
B. $111,144.18
C. $105,000.10
D. $118,924.27
E. $114,556.88

Answers

it’s C bc u add up all the money

The Gamer Company is a video game production company that specializes in educational video games for kids. The company’s R&D department is always looking for great ideas for new games. On average, the R&D department generates about 25 new ideas a week. To go from idea to approved product, the idea must pass through the following stages: paper screening (a 1-page document describing the idea and giving a rough sketch of the design), prototype development, testing, and a focus group. At the end of each stage, successful ideas enter the next stage. All other ideas are dropped. The following chart depicts this process, and the probability of succeeding at each stage.

The paper screening for each idea takes 2 hours of a staff member’s time. After that, there is a stage of designing and producing a prototype. A designer spends 4 hours designing the game in a computer-aided-design (CAD) package. The actual creation of the mock-up is outsourced to one of many suppliers with essentially limitless capacity. It takes 4 days to get the prototype programmed, and multiple prototypes can be created simultaneously. A staff member of the testing team needs 2 days to test an idea. Running the focus group takes 2 hours of a staff member’s time per idea, and only one game is tested in each focus group. Finally, the management team meets for 3 hours per idea to decide if the game should go into production.Available working hours for each staff member are 8 hours per day, 5 days a week. The current staffing plan is as follows:A. Paper screening: 3 staff members.B. Design and Production: 4 staff members.C. Testing: 6 staff members.D. Focus Group: 1 staff member.E. Final Decision: 1 management teama. How many new ideas would Gamer Co. approve for production per week if it had unlimited capacity (staff) in its R&D process?b.Which stage is the bottleneck according to the current staffing plan?A. Design and productionB. Focus groupC. TestingD. Paper screeningE. Final decisionc. With the current staffing plan, how many new ideas will be put into production per week?

Answers

Answer:

Therefore 13.3 ideas per week

Explanation:

We can use the following method to do the calculations

And we are given

The average number of ideas per week =25

Ideas approved per week = 25×0.6×0.5×0.35×0.75

= 1.968 ideas

b)

The maximum time that will be taking stage is Testing therefore it is the bottleneck base on current staffing plan.

c)

Capacity per hour = number of staff ÷ number of hour

We have capacity per week = Capacity per hour ×5× 8

Demand is lowest of all capacity

= 13.3

Paper screening

Capacity= 3/2=1.5 idea/ hour

= 60 idea per week

Demand =13.3

Utilization=0.22

Design & production

Capacity= 4/4=1 idea/ hour

= 40 idea per week

Demand =13.3

Utilization=0.33

Testing

Capacity= 6/16=0.38 idea/ hour

= 15 idea per week

Demand =13.3

Utilization=0.88

Focus group

Capacity= 1/2=0.5 idea/ hour

= 20 idea per week

Demand =20

Utilization=0.66

Final decision

Capacity= 1/3=0.33 idea/ hour

= 13.3 idea per week

Demand =13.3

Utilization=1

Thus 13.3 ideas per week as our answer

Which time-management tool helps you analyze which tasks are most important and whether to "do", "defer", "delegate", or "delete"?
Online calendar
Time management matrix
Learning management system Daily planner

Answers

The  time-management tool helps you analyze which tasks are most important and whether to "do", "defer", "delegate", or "delete" is: Time management matrix.

What is time management matrix?

Time management matrix can be defined as a matrix they enables people to effectively manage their time and this matrix help to prioritize tasks from the most important tasks to the least important tasks.

Time management matrix is important for those people that want to learn how to manage their time so as to complete their tasks within a stipulated period of time.

Therefore the  time-management tool helps you analyze which tasks are most important and whether to "do", "defer", "delegate", or "delete" is: Time management matrix.

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Most insurance companies will waive surrender charges in the event EXCEPT:

Answers

Answer:

Most insurance companies will waive surrender charges in the event except the person who fake the injury or death

3. Mr. and Mrs. Howard want to buy a home valued at $280,000. If they have 15% of this amount saved for a down payment, how much have they saved?

Answers

Answer:

they have 42,000 saved I hope I'm right

operations management course concept​

Answers

The operations management course concept refers to the systematic design, direction, and control of the processes that transform inputs such as raw materials, energy, and labor into outputs such as goods and services that satisfy customer needs.

This management process includes inventory management, scheduling, supply chain management, quality control, and more. The goal of operations management is to create efficient processes that maximize productivity while minimizing costs.

Students taking an operations management course learn about these concepts and how to apply them to real-world situations in various industries. They also study topics like process design, project management, lean principles, and decision-making models.

The course is usually offered as a part of business administration, engineering, or industrial technology programs. Graduates of the course may go on to careers as operations managers, logistics managers, supply chain analysts, process improvement specialists, or manufacturing engineers, depending on their areas of focus and interests.

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Describe one specific change you would suggest for the Wells Fargo pay plan in two paragraphs. E.x. add a different performance outcome or get more specific on how one of their new performance outcomes could be enacted or consider how to improve internal whistleblowing. Remember that contingent rewards often have unintended consequences, so explain how your change will help assure the performance outcome actually desired.

Answers

A report is made internally by a whistleblower within an organization. For this reason, firms frequently set up whistleblowing channels so that staff members and other interested parties may report malfeasance.

What is Wells Fargo pay plan?

CEO John Stumpf claims that every consumer receives a Fargo product. Furthermore, Wells Fargo revealed that over 5300 of its employees had been let go in recent years as a result of dubious sales practices. These are the principles that Stumpf acted as a role model for and the effects of culture.

The interest rate for each CD period is established at the time the account is opened, and Wells Fargo provides maturities ranging from three months to five years. It's crucial to remember that Wells Fargo's CD rates might fluctuate often and could not correspond to those provided by other financial institutions.

 

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Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:

What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?

Answers

The purpose of this research is to examine the service proficiency of OEI and suggest suitable  staffing levels for accommodating a growing clientele of 20 and 30.

1. Arrival Rate for Each Customer:  1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.

What is the managerial report

1. Arrival Rate for Each Customer:  1.25 customers per hour.

Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:

10 customers / 8 hours

= 1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:

1 customer / 3 hours

= 1/3 customers per hour.

3. Travel Time and Waiting Time:

OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.

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LEONE COMPANY Income Statement For Year Ended December 31 Sales Cost of goods sold Finished goods inventory, beginning Cost of goods manufactured Goods available for sale Less: Finished goods inventory, ending Cost of goods sold Gross profit General and administrative expenses Selling expenses Net income $ 84,000 84,000 92.000 $ 3,251,000 $ (8,000) 3,259,000 127.000 603,000 2,529,000


How do you find the cost of goods manufactured?​

Answers

The cost of goods manufactured (COGM) is the cost of all the products that a company has manufactured during a period.

How to calculate

It is calculated by adding the beginning finished goods inventory to the total manufacturing costs, and then subtracting the ending finished goods inventory.

In the income statement you provided, the cost of goods manufactured is calculated as follows:

COGM = $92,000 + $3,251,000 - $127,000 = $3,224,000

Therefore, the cost of goods manufactured for Leone Company is $3,224,000.

Here is the formula for calculating COGM:

COGM = Beginning finished goods inventory + Total manufacturing costs - Ending finished goods inventory

The total manufacturing costs include direct materials, direct labor, and manufacturing overhead.

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land, labor, capital, and entrepreneurship are all scarce economic resources privately or collectively owned by members of society. when these scarce resources are used to produce goods or services, there is

Answers

These rare resources are used when there is a shortage of products or services on the market.

When a resource's price is zero and there is a greater demand for it than there are units available, the resource is said to be scarce. Additionally, economics depends on the concept of scarcity.

In economics, the desire to maximize profits is what motivates businesses into being. The main objective of a commercial, according to standard microeconomic theory, is to generate revenue. To put it another way, a company's presence is intended to generate income. To want to make money is to be motivated by profit.

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Calculate the present value of the following sequence of willingness to pay: $150 this year; $150 next year; $150 in year 2, and $50 in year 3. Use a 5% discount rate. Recalculate using an 3% discount rate. Show your work. What is the effect of using a lower discount rate on the present value of the stream of willingness to pay

Answers

Answer:

$472.10

$482.78

decreasing the discount rate increases the present value of the willingness to pay

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 0 - 2 = $150

Cash flow in year 3 = $50

PV when I is 5% = 472.10

PV when I is 3% = 482.78

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

a food worker wearing artifishal nails is preparing a salad for lunch rush what should she do to prevent from contaminating the salad

Answers

Answer:

wear gloves when preparing the salad.

Explanation:

Some of the risks and pitfalls of implementing a multisource feedback include:
Stock value may drop
Negative feedback may hurt employees’ feelings
Raters may be overloaded
All of the above

Answers

A risk and pitfall of implementing a multisource feedback is that C. Raters may be overloaded .

What is multisource feedback ?

Multisource feedback ( also known as 360 - degree feedback ) is a type of feedback on employees where information on those employees is gathered from multiple sources such as their colleagues, managers, and subordinates .

The major risk or pitfall with this type of feedback system is that the raters could get overwhelmed by the sheer amount of information they have to sift through from all those different sources of information on employees.

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Now that you have analyzed both sides of fiscal and monetary policy, it’s time to create a debate for a television news show. Choose the information you compiled in either task 1 or task 2, and compose a script that meets these requirements:

Write 10 lines of dialogue each for two characters (20 dialogue lines in total). The dialogue must be economics related and relevant.
One character must take your viewpoint, and the other character must take the opposing viewpoint.
Script each character’s rationale for why the specific action they believe in should be taken.
Include each character’s main opposition to the opposing viewpoint.
Ensure that each character questions the other about points of perceived bias, with each character responding to the other’s question.

Answers

The appropriate response to the open question is this. Even though the question doesn't have the language or references for the fiscal and monetary policy arguments.

What is Monetory Policy ?

We can nevertheless generate a debate for a television news programme.

Monetary policy refers to the macroeconomic strategy of the central bank.

The government of a country use this demand-side economic strategy to achieve macroeconomic objectives including inflation, consumption, growth, and liquidity. It entails controlling the interest rate and money supply.

In order to meet the demands of various economic sectors and hasten the pace of economic progress, the Reserve Bank of India's monetary policy in India strives to control the amount of money.

For instance, a nation's economy requires liquidity to expand.

Dialogues:

Legislator: I'm adamant that the nation needs to borrow money right now to deal with its problems.

That is the absolute last thing the nation needs, so of course not, secretary. Legislator: Mr. Secretary's limited perspective is regrettable.

Secretary: Senator, you could not be more wrong. With regard to the federal government's fiscal policy, it is known as responsibility.

Legislator: It is inconceivable that the Department you oversee would refuse to take the necessary steps to assist our citizens.

Secretary: We conduct ourselves responsibly. The debt owed by the nation is enormous. We are unable to avoid taking on additional debt.

Legislator: But these are challenging times!

Secretary: This implies that you and your group alter your interpretation of the word simple.

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Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?

Answers

If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.

Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.

This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.

After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.

The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public

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The Glendora Company has 200,000 shares of cumulative, five percent, $100 par value preferred stock outstanding. Last year the company failed to pay its regular dividend, but the board of directors would like to resume paying its regular dividend this year.Calculate the dividends in arrears and the total dividend that must be paid this year.

Answers

Answer:

Dividend in arrears = $1,000,000Total dividend for the year = $2,000,000

Explanation:

Dividend in arrears.

Dividend for Preferred dividends is the same each year so the dividend for the previous year was:

= Number of shares * Percentage * Par value

= 200,000 * 5% * 100

= $1,000,000

Dividend to be paid this year:

This is cumulative preferred share which means that dividend in arrears and current dividend should always be paid regardless of when possible.

Dividend for this year is therefore the sum of the dividend in arrears and the dividend for the year:

= 1,000,000 + 1,000,000

= $2,000,000

The economic effect of an expense is incurred when the benefit expires or is used up not when cash is paid true or false

Answers

Answer:

false

Explanation:

If you were Marshall’s manager how might you increase Marshall’s awareness of the negative impact he is having on his team?

Answers

As Marshall's manager, I would increase his awareness of the negative impact he is having on his team by providing specific and constructive feedback on his behavior and its consequences. This would involve having open and honest conversations with Marshall, highlighting examples of how his actions are affecting team morale, productivity, and collaboration.

In order to effectively address Marshall's negative impact on his team, it is important to approach the situation with clarity and professionalism. By providing specific examples of incidents where Marshall's behavior has caused harm, I can help him understand the direct consequences of his actions. This feedback should be delivered in a constructive manner, focusing on the behaviors rather than attacking his character.

By emphasizing the impact on team dynamics, performance, and overall work environment, Marshall can begin to see the need for change. Additionally, it would be beneficial to discuss alternative approaches and provide guidance on how he can improve his interactions with the team. Ongoing feedback and support from me as his manager can help Marshall recognize the negative impact he is having and encourage him to take steps towards positive change.

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A profit is the money a business:
oooo
CCC
earns.
spends.
earns after paying expenses.
pays in wages or salaries.

Answers

Answer:

A profit is the money a business:

earns after paying expenses.

Explanation:

For a business entity, the profit is the excess of the money that the entity earns after deducting all of the expenses incurred in running the business from its revenue.  There are many levels at which profit can be ascertained.  For example, the gross profit is the excess of revenue over costs of goods sold.  It is not the same as contribution margin, which the excess of revenue over variable costs.  We also have operating profit as another level of profit.  It is the profit generated from operating activities only.  Another important level of profit is the net income or profit.  This is mostly determined after paying company income taxes.  It is the profit which can be distributed to stockholders and other stakeholders.

QUESTION 1 Explain to the owners of Miss K the concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors case study (2 marks will be awarded for the theoretical discussion and 2 marks for the practical examples relating to the case study

Answers

The concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors.

The product line refers to the number of products that a company offers within a particular product line

The product line depth and product line breadth are two important concepts in product management.

In the case of 40Foods Distributors, product line depth can be in the variety of products offered within each product line.

In the 40 Foods distributors, the product lines for dairy, bakery, meat, frozen foods, and other grocery items.

Therefore, the product line depth and product line breadth are two important concepts in product management.

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10. The directors of KOKO Limited issued 100,000 ordinary shares of no-par value for GH¢10 each payable as follows: on application GH¢3 and on allotment GH¢7. All issued shares were fully subscribed and monies were paid. How much was paid on application? GH 1,000,000 B. GH 300,000 C. GH 400,000 D. GH 700,000​

Answers

The correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

The total amount raised from the issuance of 100,000 ordinary shares is calculated by multiplying the number of shares by the issue price per share. In this case, the issue price per share is GH¢10. Therefore, the total amount raised would be 100,000 shares multiplied by GH¢10, which equals GH¢1,000,000. According to the information provided, the amount paid on application iGH¢3 per share. To determine the total amount paid on application, we multiply the amount paid per share by the total number of shares. Therefore, GH¢3 multiplied by 100,000 shares equals GH¢300,000. Therefore, the correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.

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In order to make an informed career decision, a high school student will want to:
A.choose a career that offers the amount of money desired
B. develop personal goals, complete an interest inventory, and research careers
C. choose a training program that will guarantee emptByment after the course work is completed
D. commit to a profession that requires a college degree

Answers

Answer:

A.choose a career that offers the amount of money desired

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