On October 1, 2019, Arena Craft Boat Company borrowed $140,000 from Old National Bank, by signing a one year note payable with an annual interest rate of 7.50%. The note payable, plus 12 months of interest, is due in full on October 1,
2020.
Required
Prepare journal entries below associated with the note payable on the books of Arena
Craft Boat Company.
(a) Prepare the journal entry on October 1, 2019. (b) Prepare the adjusting entry necessary on December 31, 2019 in order to prepare the year-end financial statements. Assume interest accrual adjusting entries
have not yet been made during 2019.
(c) Prepare the journal entry to record payment of the note at maturity on October
1, 2020.

The growth rate on the preferred stock is 6%. The correct option is b.

To calculate the growth rate on the preferred stock, we can use the Gordon Growth Model, also known as the Dividend Discount Model (DDM). The formula for the Gordon Growth Model is as follows:

Price = Dividend / (Discount Rate - Growth Rate)

Given that the price of the preferred stock is $25, the dividend in the first year is $1.00, and the discount rate is 10% (0.10), we can plug these values into the formula and solve for the growth rate.

25 = 1 / (0.10 - Growth Rate)

Now we can solve for the growth rate by rearranging the equation:

0.10 - Growth Rate = 1 / 25

0.10 - Growth Rate = 0.04

Growth Rate = 0.10 - 0.04

Growth Rate = 0.06 or 6%

Therefore, the growth rate on this preferred stock is 6%. The correct answer is (b) 6%.

This means that the company expects the annual dividend on the preferred stock to increase by 6% each year. Keep in mind that this growth rate assumption is based on the company's projections and may or may not reflect the actual growth rate in the future. Investors should carefully evaluate the company's financial performance and market conditions before making any investment decisions.

Therefore the correct answer is option b.

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If you make the purchase of the 12-year, $1,000 face value bonds that pay 8% annually and sell for $865, you will earn approximately 10.09%.

To calculate the yield on the bond, we can use the formula for yield to maturity. The yield to maturity represents the total return you will earn if you hold the bond until maturity.

- Face value of the bond (F): $1,000

- Annual coupon rate (C): 8%

- Purchase price of the bond: $865

- Time to maturity (n): 12 years

Using the formula for yield to maturity:

Yield to maturity = (Annual interest payment + ((Face value - Purchase price) / Time to maturity)) / Purchase price

Annual interest payment = Face value * Annual coupon rate

Annual interest payment = $1,000 * 8% = $80

Yield to maturity = ($80 + (($1,000 - $865) / 12)) / $865

Yield to maturity = ($80 + $11.25) / $865

Yield to maturity ≈ 0.1047

Converting the yield to a percentage, the approximate yield on the bond is 10.09% which is option c.

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Option D is correct that the lessee is primarily concerned about the use of the asset.Concerning the lease versus buy decision, the following are the correct statements:Option A is incorrect as it is not always true that a company should purchase an asset rather than lease it if the asset has a positive salvage value.

Factors such as the time value of money, tax considerations, and the company's specific circumstances must be considered in deciding whether to lease or buy an asset.Option B is incorrect as Dell Computer cannot engage in direct leasing of its own computers since it is the manufacturer of the assets.Option C is partially correct. A lessor is concerned about the asset's residual value at the end of the lease term; however, the lessor may also be interested in additional charges incurred by the lessee such as maintenance costs.

Option D is correct as the lessee is primarily interested in the use of the asset during the lease term.Option E is incorrect as Dell Computer becoming a lessor of its own computers will not qualify it as a captive finance company. A captive finance company is an affiliate of a company that provides financing to customers to purchase the company's products or services.

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Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.

a. Two features of public sector organizations.

b. Two advantages of being in a partnership :

Two disadvantages of being in a partnership :

c. Two benefits to An and Bo of expanding their businesses :

d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.

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Answer:

thanks lol

you too-

The NPV of Project A is approximately -578.78.

Part 1: The NPV of project A can be calculated by discounting the cash flows using the risk-free interest rate of 8%. The initial cash flow of -9,300 and the cash flow in 1 year of 11,160 are considered. Using the NPV formula:

NPV = Initial Cash Flow / (1 + Risk-Free Interest Rate) + Cash Flow in 1 Year / (1 + Risk-Free Interest Rate) - Initial Investment

NPV of Project A = -9,300 / (1 + 0.08) + 11,160 / (1 + 0.08) - 9,300

NPV of Project A = (-9,300 / 1.08) + (11,160 / 1.08) - 9,300

NPV of Project A ≈ -8,611.11 + 10,333.33 - 9,300

NPV of Project A ≈ -578.78

Part 2: Similarly, for Project B, the NPV is calculated using the same formula and the provided cash flows (-4,000 and 4,200).

Part 3: For Project C, the NPV is calculated using the formula and the cash flows (-6,900 and 7,935).

Part 4: To determine which projects the company should accept, we compare the NPVs of each project. The projects with positive NPVs should be accepted.

By calculating the NPVs and comparing them, we can determine which projects the company should accept.

Note: The specific numerical calculations and comparison are not provided in the question.

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The elasticity of labor demand is -1.3 (negative sign indicates inverse relationship).

The elasticity of labor demand (Eᴸᴰ) is calculated using the formula:

Eᴸᴰ = (% change in quantity demanded of labor)/(% change in wage rate)

To calculate the percentage change in quantity demanded of labor, we use the formula:

% change in quantity demanded of labor = [(New quantity demanded - Old quantity demanded)/(Old quantity demanded)] × 100

Similarly, to calculate the percentage change in the wage rate, we use the formula:

% change in wage rate = [(New wage rate - Old wage rate)/(Old wage rate)] × 100

Given that the firm would hire 21924 workers if the wage rate is $15 and would hire 11768 workers if the wage rate is $28.

% change in quantity demanded of labor = [(11768 - 21924)/21924] × 100= -46.38% (negative sign indicates inverse relationship)

Similarly,% change in wage rate = [(28 - 15)/15] × 100= 86.67%

Eᴸᴰ = (% change in quantity demanded of labor)/(% change in wage rate)= -46.38/86.67= -0.5347

The elasticity of labor demand is -1.3 (ignoring the negative sign as we only require the magnitude).

Thus, the firm's elasticity of labor demand is -1.3 (negative sign indicates inverse relationship).

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option D, "stays the same. you have to pay the loan whether or not you finish school" is the correct answer.

Why is it?

You use a student loan to pay for college and drop out, you are still responsible for repaying the loan regardless of whether or not you finished school.

The loan does not disappear, nor does it become proportional to how long you stayed in school or double. When you take out a student loan, you sign a loan agreement with the lender that specifies the terms of the loan, including the repayment terms.

Dropping out of college does not change the terms of the agreement, and you are still obligated to repay the full amount of the loan, plus any accrued interest.

Therefore, it is important to consider the financial implications of taking out a student loan and to have a plan for repayment, even if you do not complete your degree.

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Answer:

test market

Explanation:

From the question, we are informed about Uber who is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. In this case, The pickup and delivery service is in the test market stage of the new-product development.

In domain of marketing, A test market can be regarded as a geographic region as well as demographic group that is utilized in guaging of the viability of a particular product/service in the mass market before porting to a wide scale roll-out.

Answer:

822 hours

Explanation:

The charge per hour is $10.25.

To earn a total of $8,425,  one need to work ? hours.

1 hr =$10.25

? hrs = $8,425

?hrs = $8,425 / $10.25

=821.951

=822 hours

Solving this problem through matrix equation, we get $_x=$50,000, $_y=$100,000, and $_z=$350,000 for each loan.

Let x be the smallest loan. Then y will be twice of x i.e., y = 2x.

Let z be the largest loan.We know, the largest loan is $200,000 more than the sum of the other two.

Thus, z = x + y + $200,000

z = x + 2x + $200,000

z = 3x + $200,000

But, the bank gives three loans totaling $500,000.

So, x + y + z = $500,000x + 2x + (3x + $200,000)

= $500,0006x + $200,000

= $500,0006x

= $300,000x

= $50,000 So, x = $50,000 And y = 2x

= 2($50,000)

= $100,000z

= 3x + $200,000

= 3($50,000) + $200,000

= $350,000

Therefore, the amount of money in each loan from smallest to largest is $50,000, $100,000, and $350,000 respectively.

So, the matrix equation for the system of linear equations can be written as:$$\begin{bmatrix}1&1&1\\-1&-1&1\\1&2&1\\\end

{bmatrix}\begin{bmatrix}x\\y\\z\end{bmatrix} = \begin{bmatrix}500000\\200000\\0\end {bmatrix}$$

Solving this matrix equation, we get the following values of x, y, and z:$$x = 50000, y = 100000, z = 350000$$

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The Correct answer to the above query is all of the choices.

Preventive maintenance is generally scheduled on the basis of a combination of factors, including planned inspections, the number of operating hours, and the passage of time. This approach allows maintenance teams to identify potential issues before they become more serious and to ensure that equipment is operating at peak efficiency. By regularly conducting preventive maintenance, organizations can reduce the likelihood of equipment failure and costly downtime.

Preventive maintenance is a proactive approach to maintaining equipment and facilities. It involves regularly scheduled inspections and servicing to prevent potential failures and ensure that equipment is operating at peak efficiency.

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Answer:

measurable

Explanation:

defining a hypothesis

Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. He is most likely to add this foreground Option A. He might change his position to include some foreground items such as rocks or grasses.

The foreground of an image is usually the element that is closest to the viewer. The foreground is often used to add depth to an image. If a photographer wants to create a 3D appearance in his image, he must ensure that the image has a foreground, mid-ground, and background. It is possible to include a foreground in a photo by modifying the angle of the shot and including elements in the foreground.

Emilio might change his position to include some foreground items such as rocks or grasses. By doing so, he will be adding depth to his image. Another way to add foreground to an image is to use framing trees in the middle ground of the image, but this may not provide the depth required. Tilt his camera up to better capture the tops of the hills or circling around to the side of the hills to capture the cows standing on top are not recommended, as the question seeks to add a foreground.

Therefore, Emilio is most likely to add the foreground by changing his position to include some foreground items such as rocks or grasses. Therefore, the correct option is A.

The question was incomplete, Find the full content below:

Emilio is photographing a series of hills on his uncle's farm. He remembers that he needs to try to add a foreground to his image to make it appear three-dimensional. How is he MOST LIKELY to add this foreground?

A. He might change his position to include some foreground items such as rocks or grasses.

B. He might tilt his camera up to better capture the tops of the hills.

C. He might add some framing trees in the middle ground of his image.

D. He might circle around to the side of the hills to capture the cows standing on top.

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Answer:

B

Explanation:

ONE advantage corporations enjoy over other business forms is B. Corporations have a nearly unlimited life span.

Corporations do not cease to operate if one or some of the owners die. Each stockholder's shares are transferable by inheritance or sale. Corporations enjoy perpetual existence.

Other advantages of corporations over other business forms are:

Unfortunately, corporations are not the easiest to form because of the rigid formalities accompanying their formation and management. Shareholders suffer double taxation because the corporation pays taxes as an entity, and shareholders pay another tax when they receive dividends. The legal regulations are many and time-consuming.

Thus, the unlimited life span of corporations makes them the best form of business since control and ownership of a corporation are not limited to one individual.

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True. In the past, one of the principal goals of the U.S. Forest Service was to make national forests available for timber harvesting and logging operations.

In the past, the U.S. Forest Service did prioritize making national forests available for timber and logging companies. This approach was rooted in a historical perspective that emphasized economic utilization of forest resources for timber production. The Forest Service granted logging permits and facilitated timber extraction as a means to support economic growth, create jobs, and meet the demand for wood products.

However, over time, there has been a shift in the Forest Service's goals towards a more balanced and sustainable approach that includes considerations for conservation, ecosystem management, recreational opportunities, and protection of biodiversity. This shift reflects a broader recognition of the value of forests beyond purely economic exploitation.

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Answer:

E.Not replacing whom out when Needed

Answer:

58

ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

it's fake

This is fake!!! It's not even the real MrBeast!!

A record of income and expenditures for a given period of time is called a BUDGET.

a. The output rate that maximizes profit or minimizes losses in the short term can be determined by finding the quantity at which marginal cost (MC) equals marginal revenue (MR). In a perfectly competitive market, the price is equal to the marginal revenue. In this case, the price is $0.10 per unit.

MC = MR = $0.10

-0.5 + 0.002Q = 0.10

0.002Q = 0.6

Q = 300 units

Therefore, the output rate that maximizes profit or minimizes losses in the short term is 300 units.

b. If input prices increase and the cost functions become TC = 5 - 0.10Q + 0.002Q^2 and MC = -0.10 + 0.004Q, we need to find the new equilibrium output rate.

MC = MR = $0.10

-0.10 + 0.004Q = 0.10

0.004Q = 0.20

Q = 50 units

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Higher risk is associated with higher likelihood of greater return and decrease threat with a greater likelihood of smaller return. This trade off which an investor faces between threat and return while considering funding choices is referred to as the hazard return exchange off

In economics, a trade-off is described as an "opportunity cost." For example, you might take a day off work to go to a concert, gaining the chance of seeing your preferred band, whilst dropping a day's wages as the cost for that opportunity.

An example of a single trait trade-off in humans is the weight of a new born baby. A higher start weight provides a higher risk of survival in the first few weeks, however infants that are too massive have higher mortality price (Karn & Penrose 1951).

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Mr. White was the third and final owner of the talisman in W. W. Jacobs' short story "The Monkey's Paw." He plucked it from the fireplace when the previous owner, Sergeant Major Morris, tossed it there to burn and end the chain of misfortune that came with it. He is motivated mostly by curiosity, since he seems happy with his life and is financially secure.

Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said slowly. "It seems to me I've got all I want."

Answer:

The main McDonald's eatery was begun in 1948 by siblings Maurice ("Mac") and Richard McDonald in San Bernardino, California. They purchased machines for their little cheeseburger eatery from sales rep Ray Kroc, who was fascinated by their requirement for eight malt and shake blenders.

Explanation:

Hello student

Answer:

Tailor is tertiary activity of economy

Explanation:

because it makes service not manufacturing goods and items.

This question is incomplete because the options are missing; here is the complete question:

A contractual agreement in which one firm permits another to produce and market its product and use its brand name in return for a royalty or other compensation is known as:

A. Joint venture.

B. Licensing.

C. Countertrade.

D. Strategic alliance.

E. Export-import agent.

The correct answer is B. Licensing

Explanation:

In businesses, licensing refers to a type of agreement between two companies or firms that involves one of the firms is allowed to use the brand, model, and other business elements of the other firm. This often involves the firm can produce the product of the other firm for a time. Moreover, in compensation, the firm whose product is being produced receives money or any other benefit. This type of agreement is often beneficial for the two firms involved because the firm sharing its model and product can expand its popularity, while the other firm can obtain profits. This agreement is the one described because only in this one firm permits another to use its brand and produce its product.

The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.

A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.

Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.

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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle

2. a payday loan

3. an unsecured installment loan

4. It decreases your monthly expenses, giving you more money to spend on other things.

5. Determine or estimate the current value of everything you own.

6. Their ability to repay a loan

7. your prior record of paying your bills and paying off your debts

8. your age and gender

9. You can request one online or over the phone.

10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.

11. -the lender that provided the incorrect information

-the credit bureau that prepared the report

12. right away

13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.

14. The longer the term, the more you will pay in interest.

15. It will cost you less money overall.

16. A store credit card generally comes with a higher interest rate.

17. You will save money if you pay the balance off quickly.

18. -Clarifying the confusing language found on credit card applications.

-Forcing lending companies to disclose interest rates and hidden fees.

19. It banned credit card companies from raising interest rates after missed payments.

20. -a fixed annual charge for the use of a credit card

-a charge if the minimum payment is not paid by the due date

21. paying off the balance before interest can accrue

22. $30

23. Determine which card has the higher interest rate and pay the extra money to that card first.

Explanation: All these answers are correct!

Answer: Both parties are dependent on raising huge sums of money to fund their House campaigns.

Explanation:

Campaigning for office is no cheap endeavour as many politicians have seen and noted. Money needs to be spent on everything from renting venues to buying stationary and so the politicians turn to donors to help.

Regardless of party affiliation, this is the reality for political campaigns which is why both parties rely on huge sums of money to fund campaigns like for the U.S. House of Reps. This is confirmed by the graph described above that shows the hundreds of millions of dollars being used to campaign for the House.

Answer:

A

Explanation:

Answer:

can result in crushing interest expenses, obtaining a loan for a major purchase

can help in any emergency using your savings account money

does not require planning, making impulse purchases

establish good credit using credit card

Answer:

tile:  Making impulse purchases = pairs: does not require planning

tile:   Using credit cards = pairs: can result in crushing interest expenses

tile:  Obtaining a loan for a major purchase = pairs: establishes good credit (if the payments are made on time every month until paid off)

tile:  Using your savings account money = pairs: can help in an emergency

Explanation:

1st tile: by definition an impulse purchase is made quickly, without any planning.

2nd tile:  if credit cards are used without paying off balances every month can lead someone to accruing large amounts of interest charges and can lead to financial ruin.

3rd tile: Typically when making large ticket purchases like homes or cars can build a great credit history because it gives you credit history and payment timeliness history.

4th tile: Typically when emergencies happen, there is no time for payments or financial planning. Savings funds can help during unplanned or emergency financial situations such as unplanned car repairs or car accidents.