Master Business with Fun Quizzes & Brain Teasers!

(l.o. 1) on january 1, 2020, alton co. purchased $100,000 of 10%, olson, inc. bonds with interest payable on july 1 and january 1 for $107,000. on february 1, 2020, alton purchased $100,000 of 12%, ehrlich co. bonds with interest payable on august 1 and february 1 for $95,000. alton classifies the olson and ehrlich bonds as trading debt securities. on december 31, 2020, the fair value of the olson and ehrlich bonds are $110,000 and $94,000, respectively. at december, 2020, what adjusting entry should be made by alton
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What kind of behavior controls will best facilitate positive interactions both within the teams and among the teams?
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The global pattern of gender inequality index scores is similar to the expected pattern of countries by level of economic development, with the exception of a few countries such as
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Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget: Whistle Works sells each whistle for $12. It takes 3 ounces of metal to produce each whistle at a cost of $0. 50 per ounce. They prefer to have 10% of materials required for the following month's production in ending inventory as well. What is the total cost of direct materials for November to meet production needs
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BE 21. 7 Rick Kleckner Corporation recorded a right-of-use asset for $300,000 as a result of a finance lease on December 31, 2019. Kleckner's incremental borrowing rate is 8%, and the implicit rate of the lessor was not known at the commencement of the lease. Kleckner made the first lease payment of $48,337 on December 31, 2019. The lease requires eight annual payments. The equipment has a useful life of 8 years with no residual value. Prepare Kleckner's December 31, 2020, entries
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By changing the norms of customer care and aligning the values of the managers employees and customers print was successful in improving performance through controls
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What is the economic outlook for occupations in the healthcare sector?
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A common middle-management title is a. division head. b. coordinator. c. office manager. d. chief executive officer (ceo). e. supervisor.
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Find a publicly traded company that has bonds on its balance sheet. Provide a link to the balance sheet in your post, and explain the details of the bond transactions based upon the amounts and disclosures found in the financial statements. Why do you think the company issues bonds rather than stock to fund its business
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A _____ may be part of a broader program, or it may be a self-contained single-use plan. a. contingency plan b. standard operating procedure c. regulation d. rule e. project
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Martha joined MarkStent Inc. As a market analyst. Her manager, Ben, noticed that she had some good and innovative ideas to advance the business. Therefore, Ben took special interest in mentoring her. After a month since Martha joined the company, Ben scheduled a meeting for Martha to meet with the company's CEO and other top-level managers to help them recognize her talent. In this scenario, which career function did Ben, as a mentor, provide to Martha
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What is an example of a possible use of Boolean values in a spreadsheet?A. Determining how large a range isB. Determining whether or not individuals cells in a range are redC. Counting the difference between all positive and negative numbers in a rangeD. Counting the number of different colors in the cells in a range
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Jon has just received information that there were increases in both accounts payable and accounts receivable for $12,000 and $15,000, respectively. the net income is $230,000. what is the net cash provided by operating activities
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Gillette budgeted $200 million in advertising to introduce the Fusion razor to male shavers. Large expenditures like this are often made to stimulate ________ when there are few competitors with the same product
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One reason for the "economy vs. The environment" mindset is ________. One reason for the "economy vs. The environment" mindset is ________. That environmental policies generally are oppressive and cost more money than they save that industrialization has had several positive impacts on local ecosystems that people may not foresee the long-term savings when having to make the necessary up-front investments the difference in salary between environmental watchdogs and corporate CEOs that CEOs are usually Republican and environmental advocates are Democrats
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On January 1 of this year, Ikuta Company issued a bond with a face value of $100,000 and a coupon rate of 5 percent. The bond matures in three years and pays interest every December 31. When the bond was issued, the annual market rate of interest was 6 percent. Ikuta uses the effective-interest amortization method. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answers to whole dollars. ) Required: 1. Complete a bond amortization schedule for all three years of the bond's life
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What bankruptcy provision has the bank chosen?Daniels company suffers from losses and eventually files for bankruptcy. Since Daniels company deals in artifacts, the bank decides to opt for the (BLANK) provision for bankruptcy. Through this provision, the company decides to auction the goods and recover a portion of the debt
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Alternatively, Eric could make a financial investment by purchasing bonds issued by the government of Japan. Assuming that everything else is equal, a bond issued by the government of Japan most likely pays a ____________ interest rate than a bond issued by a government that is engaged in a civil war
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Please construct an investment portfolio that is appropriate for your client: She is 60 years old and plans to retire within 5 years. She has $4 million to invest. She is primarily interested in creating steady income from the portfolio. Her goal is $120,000 per year. She is also concerned about inflation and therefore wants the portfolio value and income to keep pace with inflation
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If a hotel's total room revenue for the night is $42,800, and 200 rooms were sold or are occupied, then the ADR = ______, even though guests may have paid a bit more or a bit less for their individual rooms. $214$856$21. 40$482. 50
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Distribution channel expert Bernard LaLonde once said, "American management's philosophy has been: If you're smart enough to make it, aggressive enough to sell itthen any dummy can get it there. Now we're paying for [that philosophy]. " Briefly discuss the distribution problems managers with this philosophy likely encounter
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Javier and Anita Sanchez purchased a home on January 1 of year 1 for $1,000,000 by paying $200,000 down and borrowing the remaining $800,000 with a 6 percent loan secured by the home. The Sanchezes made interest-only payments on the loan in years 1 and 2. (Leave no answer blank. Enter zero if applicable. ) Problem 14-46 Part a a. Assuming year 1 is 2017, how much interest would the Sanchezes deduct in year 2?
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Determine the effect of the following transactions on GDP in the United States in 2017. A. Washing, Inc. Produces washing machines in the United States. In 2017, it produced $250,000 worth of washing machines, but consumers only purchased $150,000 worth. Multiple choice 1 Consumption expenditures increased by $150,000 and investment decreased by $100,000. Consumption expenditures increased by $250,000. Consumption expenditures increased by $150,000 and investment increased by $100,000. Consumption expenditures increased by $250,000 and net exports decreased by $100,000. B. Coffee, Inc. Opens a new location and purchases $10,000 in used equipment. Multiple choice 2 Consumption expenditures increased by $10,000. GDP remained unchanged. Investment increased by $10,000. Net exports increased by $10,000. C. Andy purchases $20 of coffee roasted and bagged in Colombia during 2017. Multiple choice 3 Consumption expenditures increased by $20 and net exports decreased by $20. Net exports decreased by $20. Consumption expenditures increased by $20 and investment decreased by $20. Investment increased by $20 and net exports decreased by $20. D. The Jackson family hires Home Construction, Co. To build their new house in 2017. The total cost of the house was $175,000. Multiple choice 4 Net exports increased by $175,000. Consumption expenditures increased by $175,000. Investment increased by $175,000. GDP remained unchanged
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1. Assume a firm owns a small warehouse. The warehouse is subject to the risk of a fire. Below is the probability distribution for losses: Loss ($) P(Loss) 0 0. 75 10,000 0. 15 15,000 0. 07 20,000 0. 03 The firm has six current risk management options it can use to manage this risk: [1] Retention with a worry value of $3,000. [2] Insurance policy with a FA of $10,000, a premium of $2,900. This option has a worry value of $2,500. [3] Insurance policy with a face amount (FA) of $12,000, a premium cost of $3,200. Also Implement a loss reduction program that costs $400 and changes the probability of a $0 loss to 78% and eliminates the potential of a $20,000 loss. All other loss probabilities stay the same. This option has a worry value of $2,000. [4] Insurance policy with a face amount (FA) of $20,000 with a premium cost of $5,000 and a deductible of $700. This option has a worry value of $600 [5] Insurance of $20,000 with a premium cost of $6,000. A. Construct a loss matrix. What is the expected cost for each option
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