Exercise 9-16A Record the early retirement of bonds issued at a discount (LO9-6)

On January 1, 2021, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is 10% and the bonds issued at $457,102.

If the market interest rate drops to 7% on December 31, 2022, it will cost $601,452 to retire the bonds. Record the retirement of the bonds on December 31, 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate calculations to the nearest whole dollar amount.)

Answers

Answer 1

Journal Entry access is the act of keeping or making information of any transactions either monetary or non-monetary. Transactions are indexed in an accounting journal that indicates an agency's debit and credit score balances.

Journal Entry

Account title and explanation Debit($) Credit($)

Dec 31,2022 Bonds Payable 400,000  

 Loss on retirement of Bonds 101,800  

     Cash   471,507

    Discount on Issue of bond   30,293

 (to record retirement of bond before maturity)    

Working Note:

Bonds Amortization Schedule- effective interest method

Date Cash Paid Interest Expense(4.5% OF previous carrying value) Discount Amortized Unamortized Discount Carrying Value

1-Jan 21       32,578 367,422

30-June 2021 $16,000 $16,533.90 533.90 32,044.10 367,955.90

31 Dec 2021 $16,000 $16,558.01 558.01 31,486.09 368,513.91

30 June 2022 $16,000 $16,583.12 583.12 30,902.97 369,097.03

31 Dec 2022 $16,000 $16,609.36 609.36 30,293.61 369,706.39

Cash paid= 400,000*8%*6/12

Cash paid= 16,000

Discount Amortized= Interest expense- cash paid

=> 16,533.90-16,000

=> 533.90

Unamortized discount= Previous value- discount Amortized

For 30 June 2021= 32,578-533.90

For June 30,2021= 32,044.10

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Related Questions


5. Agency issued RFQ (request for quote) for a contractor to provide program analysis and strategic support (PASS) to identify
technology, operational support and improvement of programs. The contractor needs an understanding of agency's
technologies, projects, programs, practices, policies and procedures and the ability to promptly respond to challenging and
changing requirements. The RFQ contemplated a single-award under a fixed-price, time-and-material or hybrid task order. The
award would be 1-year base and four 1-year option period with an estimated value of $350M. If you are the Co what
evaluation factor would you include in the RFQ and why? Include both Price and non-price factors and their respective level of
importance and ranking.
Student Success
Center
M. Louis Salmon
Submit Assignment

Answers

The evaluation factors, based on their respective rankings (with 1 as the highest and 5 as the least), that the RFQ Committee must include in the RFQ are as follows:

Technical capabilities (to prove the contractor's understanding of the agency's technologies)Vendor experience (to prove the contractor's understanding of the agency's programs, practices, policies, and procedures.)Project approach (to prove the contractor's ability to respond to challenges.)Total contract cost (shows the contractor's understanding of requirements.)Customer's past Turnover (to ensure the contractor's ability to execute the contract.)

What are RFQ evaluation factors?

RFQ evaluation factors are the criteria that an RFQ committee can use to determine the competing proposals submitted in response to an RFP that would best meet the agency's requirements.

RFQ means Request For Quotation.  RFQs are regularly used to determine the contractor that makes the best contract proposal.

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What are three possible problems that could be causing the Internet connection issue?

Answers

The  three possible problems that could be causing the Internet connection issue is

Network Hardware IssuesService DisruptionConfiguration Issues

The internet connection may be interrupted by hardware issues on the network. This can involve broken network cables, modems, or routers. Intermittent or poor connectivity may be caused by malfunctioning or obsolete equipment.

There could be a service Disruption or outage for your local internet service provider (ISP). This can be because of upkeep, technological difficulties, or infrastructural challenges.

Internet access can be affected by problems with program settings, network arrangements, or incompatible applications. This may entail obsolete network drivers, incorrectly configured network settings, or issues with a firewall or antivirus software.

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2 Constant-Growth Model. Waterworks has a dividend yield of 8 percent. If its dividend is expected to grow at a constant rate of 5 percent, what must be the expected rate of return on the company’s stock?

Answers

Answer:

yes it will return on the stock

Based on the outcome of the simulation, was the sale price you set the same as the equilibrium price? Refer to the supply and demand model to explain why they might be different.
Imagine that you own your own business. How would price elasticity of demand impact the pricing decisions of your business?
What are the determinants of price elasticity of demand? Identify at least three examples.

Based on the outcome of the simulation, was the sale price you set the same as the equilibrium price?

Answers

The sale price will differ from the equilibrium price. This is because the sale price is determined by adding up all related costs and the profit required to sustain in the business environment, whereas the equilibrium price is determined by the free forces of demand and supply of the product.

What is equilibrium price?

Equilibrium price is equal to point at which demand and supply curve intersect.

Price elasticity of demand has a significant impact on business pricing decisions. If a product, such as a necessary good, is inelastic, the producer can easily raise the price because a change in price has no effect on the quantity demanded. People are willing to pay any price for necessary goods.

But if business is dealing with luxury products , price elasticity of demand is highly elastic. With rise in price, it experiences fall in demand of products with large quantity. During this situation, price decision cannot be taken freely.

Determinants of price elasticity of demand :-

Goods are essential nature or luxury nature

Eg : Medicines, food and clothing are essential products.

High brands like adidas, Jaguar , Audi, BMW , designer brands like Gucci , Ted Baker are luxury brands.

Availability of substitutes.

Eg : Tea and Coffee , Adidas and Nike have close substitutes.

Railways services, Gasoline have no close substitutes.

Proportion of income spend by customers.

Eg : Salt , Matchbox, spices etc.

Therefore both the sale price and equilibrium price cannot be same. It is also concluded that above were factors affecting price elasticity of demand and was all about sale price and equilibrium price.

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Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?

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Managers want larger budgets; entrepreneurs work to do more with less.

How do entrepreneurs approach resources differently from employee-managers?

Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.

This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.

Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.

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Which of the following represent both
the Keynesian and Classical LRAS
Curves?
A. similar in nature
B. exactly the same
C. completely irreconcilable

Answers

Answer:

C completely irreconcilable

What is the next number in the sequence -1, 4,21,56,115,204,…?

Answers

After 204, the next number that would be in the sequence is 329 such that we would have -1, 4,21,56,115,204, 329

How to solve for the sequence

We have to solve this by following the digits from 1 to 7 in an ascending order.

The values would have to be raised to the power of three and then subtract the value multiplied by 2.

Mathematically we are going to have the following.

1³ - (1x2) = 1 - 2 = -1

2³ - (2 x 2) = 8 - 4 = 4

3³ - (3 x 2) = 27 - 6 = 21

4³ - (4 x 2) = 64 - 8 = 56

5³ - (5 x 2) = 125 - 10 = 115

6³ - (6 x 2) = 216 - 12 = 204

7³ - (7 x 2) = 343 - 14 = 329

Hence the next number that would follow in the sequence would be 329. Such that we would have -1, 4,21,56,115,204, 329

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A restaurant is for sale for $200,000. It is estimated that the restaurant will earn $20,000 a year for the next 15 years. At the end of 15 years, it is estimated that the restaurant will sell for $350,000. Which of the following would be MOST LIKELY to occur if the investors required rate of return is 15 percent?
a. Investor would pursue the project
b. Investor would not pursue the project
c. Investor would pursue the project if the holding period were longer than 15 years
d. Not enough information provided

Answers

Answer:

B

Explanation:

to determine of the investor would pursue the project, we need to determine the value of the net present value

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.  

When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.

Cash flow in year 0 = $-200,000

Cash flow in year 1 - 14 = 20,000

Cash flow in year 15 = 20,000 + $350,000

I = 15%

NPV = -40,039.53

The npv is negative and the project should not be undertaken

To find the NPV 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  

-40,039.53

Fill in the blankthe ____ describes a situation faced in command economies in which producers have no reason to adjust production in response to shortages and surpluses in the economy.

Answers

The incentive problem describes a situation faced in command economies in which producers have no reason to adjust production in response to shortages and surpluses in the economy.

An incentive problem arises from the character's ability and desire to steer the mastering system, and therefore the salary process, with the aid of taking unobserved movements that affect contemporary performance. Incentives are advantages or costs of a movement that influence humans' decisions and conduct. stated any other manner, incentives could make people do something they would not otherwise do.

Cultural norms might also provide incentives through rewarding with social acclaim individuals who help the needy or may offer disincentives with the aid of punishing individuals who engage in robbery. economic incentives may additionally involve providing monetary prizes or economic fines for good or bad conduct, or often only trade in the fee that ends up together.

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At the beginning of the current period, Sheridan Company had balances in Accounts Receivable of $203,500 and in Allowance for Doubtful Accounts of $8,620 (credit). During the period, it had net credit sales of $739,000 and collections of $813,450. It wrote off as uncollectible accounts receivable of $7,198. However, a $2,978 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $26,810 at the end of the period. (Omit cost of goods sold entries.)

Required:
a. Prepare the entries to record sales and collections during the
b. Prepare the entry to record the write-off Of accounts the period.
c. Prepare the entries to record the recovery of the uncollectible account during the period.
d. Prepare the entry to record bad debt expense for the period.

Answers

Answer:

Sheridan Company

a. Debit Accounts receivable $739,000

Credit Sales revenue $739,000

To record sales of goods on account.

Debit Cash $813,450

Credit Accounts receivable $813,450

To record collections from customers.

b. Debit Allowance for Uncollectible Accounts $7,198

Credit Accounts receivable $7,198

To record the write-off of accounts for the period.

c. Debit Accounts receivable $2,978

Credit Allowance for Uncollectible Accounts $2,978

To record the recovery of the uncollectible account.

d. Debit Bad Debts Expense $22,410

Credit Allowance for Uncollectible Accounts $22,410

To record bad debt expense for the period.

Explanation:

a) Data and Analysis:

a. Accounts receivable $739,000 Sales revenue $739,000

b. Cash $813,450 Accounts receivable $813,450

c. Allowance for Uncollectible Accounts $7,198 Accounts receivable $7,198

d. Accounts receivable $2,978 Allowance for Uncollectible Accounts $2,978

e. Bad Debts Expense $22,410  Allowance for Uncollectible Accounts $22,410

Allowance for Uncollectible Accounts

Account Titles          Debit        Credit

Beginning balance                   $8,620

Accounts receivable $7,198

Accounts receivable                  2,978

Bad debts expense                  22,410

Ending balance        26,810

Totals                    $34,008  $34,008

what is brand DNA about Save the children

Answers

The brand DNA in save the children has to do with the art that the organization is known by.

What is save the children about?

Around the world, Save the Children's work helps save and better the lives of children. When kids need it most, we fight to make sure they have access to school opportunities and child safety services in addition to healthcare, food, and housing.

They are caught up in conflict and calamities that they had nothing to do with causing. They also lack access to an education and other fundamental rights that are owed to them. Better is due to every youngster. We prioritize the needs of the most vulnerable kids while promoting the rights and interests of kids everywhere.

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Increased access to workplace tools and information means work hours may be more _____________.

Answers

Answer:

flexible

Explanation:

thats my answer

Increased access to workplace tools and information means work hours may be more flexible.

What is workplace?

Workplace refer to the place where an individual works and spend his most of the time in order to earn the money. The workplace should be clean and fewer hazards by nature in order to ensure safe working environment to the people of the organization.

The labor or the worker working in the factory is the example of the workplace. An employee works in the office. In recent times, people used to work from home instead of coming to the office.

In the workplace, there are strict rules and regulations to be followed by each and every individual to ensure the smooth running of the business and to maintain the decorum of the organization. The rules are some of each and every employee.

There is no such flexible hours of working as it depends on from organization to organization. However, the Work hours may be more flexible due to increased access to tools and information at the workplace.

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A crab fisherman goes out to sea for weeks at a time catches as many crabs as possible and sells the crabs to larger distributors what field of business activity does this fall under

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A crab fisherman goes out to sea for weeks at a time catches as many crabs as possible and sells the crabs to larger distributors .commercial industry field of business activity falls under this category.

Geographically, oceans are smaller than oceans and are usually found where land and ocean meet. Part of the ocean is usually surrounded by land. The sea is located at the edge of the sea and is partially surrounded by land.

The terms "sea" and "ocean" are often confused when talking about the sea. The ocean is usually considered a smaller body of water, partially covered by land. This often marks where the sea and land meet. Oceans generally refer to vast bodies of salty water that cover most of the earth.

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SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION

Answers

An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.

Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.

Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.

This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions

5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:

The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:

The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.

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Using skills, tools, and techniques to help you accomplish goals within a certain amount of time is called:
A. a mental goal
B. a long-term goal
C. a short-term goal
D. time management

Answers

D. Time management refers to the process of using skills, tools, and techniques to help individuals or organizations accomplish their goals within a certain timeframe. It involves planning, organizing, prioritizing, and allocating time effectively and efficiently.

Time management is crucial for both personal and professional success. It enables individuals to make the most of their available time, increase productivity, and reduce stress. By setting specific goals and breaking them down into manageable tasks, individuals can create a roadmap for their actions.

Tools and techniques such as creating schedules, using calendars, setting deadlines, and employing productivity apps can further enhance time management efforts.

Effective time management involves analyzing priorities, eliminating time-wasting activities, delegating tasks when possible, and maintaining focus on the most important objectives. It requires self-discipline, effective decision-making, and the ability to adapt and adjust plans as needed.

By mastering time management skills, individuals can achieve their short-term and long-term goals efficiently while maintaining a healthy work-life balance. So, the correct option is D.

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the products offered by the store you visited and why you like shopping there what the photo shows us about the decisions the store has made regarding one or more of the 4 p's how these 4 p's work together to keep you coming back again and again

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The store I visited offers great products, and I enjoy shopping there. The photo of the store displays how the store has made strategic decisions related to one or more of the 4 P's of marketing: product, price, promotion, and place.

The store I visited offers a variety of products including clothing, accessories, and home goods.

I enjoy shopping at this store because they excel in the 4 P's of marketing: product, price, promotion, and place.

They offer a diverse range of products that meet my needs, set affordable prices that attract customers, promote their store through advertisements and sales, and have a convenient location that's easy to access.

This strategic combination keeps me returning to their store repeatedly, as it provides a satisfying shopping experience.

The product selection is diverse, the prices are competitive, the promotions are alluring, and the location is convenient, making it a delightful shopping experience.

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3. Pretend you make $300 worth of purchases on your credit card, your bill arrives saying your minimum payment due is $15 and you pay $100 before the due date. Describe how credit card interest works and what you can expect to happen next.

Answers

The credit card interest works upon the per-day interest rate. When the interest rate is charged on daily basis, the next thing that can happen over the credit card is the payment of a penalty over non-payment of interest till the due date.

What is a credit card?

A credit card is a plastic card issued by financial institutions for lending a certain limit amount to the cardholder for a certain period of time. The amount of the credit card needs to be paid back to the bank along with the interest before the due date.

In the given case:

Assume an Annual Percentage Rate of 12% then the monthly rate is 1%, so the daily percentage rate is 0.0329% (12%/365).

The initial settlement of $100, the credit card balance reduces to $200. Daily the card company will add 0.0329% interest to the balance until you pay off the debt.

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Aberdeen Corporation borrowed $125,000 from the bank on October 1Year The note had an 8 percent annual rate of interest and matured on March 31 year 2 Interest and principal were paid in cash on the maturity date.
A. What amount of cash did Aberdeen pay for interest in Year 1?
B. What amount of interest expense was recognized on the Year 1 income statement?
C. What amount of total was reported on the December 31Year 1balance sheet ?
D. What total amount of cash was paid to the bank on March 31 Year 2 for principal and interest?
E. What amount of interest expense was reported on the Year 2 income statement?

Answers

If Aberdeen Corporation borrowed $125,000 from the bank on October 1Year.

A. Cash $0

B. Interest expense $2,500

C.Total liabilities  $127,500

D.Cash $130,000

E. Interest expense $2,500

Interest expense

A.  The  amount of cash that Abardeen pay for interest in year 1 is $0 because the interest matured on March 31, year 2.

B. The amount of interest expense was recognized on the years income statement is:

Interest expense=($125,000 x 8% x 3 months /12)

Interest expense=$2,500

C. The amount of total liabilities that was reported on the December 31, 2016, balance sheet is:

Total liabilities= $125,000 + $2,500

Total liabilities = $127,500

D. The total amount of cash that was paid to the bank on March 31, 2017, for principal and interest is:

Cash= $125,000 Principal +  ($125,000 × 8% × 6/12)] Interest

Cash= $125,000 Principal +$5,000 interest

Cash= $130,000

E. The amount of interest expense that was reported on the 2017 income statement is:

Interest expense=$125,000 × 8% ×3/12

Interest expense=$2,500

Therefore If Aberdeen Corporation borrowed $125,000 from the bank on October 1Year .  Cash is $0,  Interest expense is $2,500, Total liabilities  $127,500, Cash $130,000, Interest expense $2,500.

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Stone Culture Corporation was organized on January 1, 2014.For its first two years of operations, the following financial data:Net income for 2014 $40,000Net income for 2015 45,000Dividends for 2014 15,000Dividends for 2015 20,000Total assets at the end of 2014 125,000Total assets at the end of 2015 242,000Required:On the basis of the data given, prepare a statement of retained for 2014 (its first year of operations) and 2015.Retained earnings:Retained Earnings is the amount retained by the firm or company out of Net Income i.e Net Income Less Dividend Paid, It is being retained for reinvestment of fund in the business or It is being used to repay the debt. It is also being Shown in Balance Under the Stockholders Equity Section.

Answers

Retained earnings are the amount of net income that is not paid out to shareholders as dividends. It is the profit that is kept by a company to use for reinvestment, to pay down debt, or to pay for future expansion.

It is a part of the stockholder's equity section of the balance sheet. For Stone Culture Corporation, the retained earnings for 2014 were $25,000, which was calculated by taking the net income of $40,000 and subtracting the dividends paid of $15,000.

In 2015, the retained earnings increased to $50,000, which was calculated by taking the net income of $45,000 and subtracting the dividends paid of $20,000.

The increase in retained earnings demonstrates the company’s ability to reinvest profits into the business and generate additional growth.

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A job applicant identifies preparing contract documents for construction managers as something the applicant considers a core task. For what job is the applicant likely to be applying?

Answers

An activity applicant identifies preparing settlement files for production managers as something the applicant considers a core mission. job is the applicant probably every day be making use of is Architect.

The definition of a manager is someone answerable for supervising and motivating personnel and for directing the development of a company. An example of a supervisor is a person that is in the rate of daily, who offers with customer disputes, and who oversees and supervises every Raymer support everyday sellers.

The 4 most common styles of managers are pinnacle everyday-level managers, center managers, first-line managers, and group leaders. those roles range not simplest in their responsibilities, but also in their broader feature in the enterprise and the kinds of personnel they manipulate.

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Greg Winston has gone bankrupt and started a lemonade stand. He has invested $400 in lemonade equipment, and he sells a glass of lemonade for $4. His unit cost of producing a cup of lemonade is $2.50. How many glasses of lemonade must Greg sell to generate a profit of $300?

Answers

Answer:

See below

Explanation:

We will apply the formula below to compute the above given information.

= (Fixed cost + Desired profit) / Contribution margin

Given that;

Fixed cost = $400

Desired profit = $300

Contribution margin = Unit selling price - Unit variable cost = $4 - $2.5 = $1.5

Therefore,

= ($400 + $300) / $1.5

= $700 / $1.5

= 466.67

Therefore, Greg must sell 466.67 units of lemonade glasses to generate a profit of $300

What scenario shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor?




A Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.Your children are 5 and 3 and you are in middle management in your company and you have extra money to invest for college funds.


B You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.You are 65 and have retired from your career and are looking at a very long and happy life of traveling and good times.


C You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.You are 5 years from retirement and your friend knows a "sure" investment that will more than triple your retirement account.


D You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

Answers

The scenario that shows the best time to "play it safe" in investing because the law of diminishing returns is against the investor is option D: You just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

In this scenario, the investor has already experienced a significant gain by hitting a big jackpot in Las Vegas. However, investing the entire amount back into another game with the intention of doubling the return poses a high level of risk. The law of diminishing returns suggests that as an investment or activity continues, the incremental return or benefit diminishes over time. By putting all the winnings back into another game, the investor is exposing themselves to unnecessary risk. Instead, it would be wiser to consider diversifying the investment portfolio, preserving a portion of the winnings, and adopting a more conservative approach. This helps to protect the gained wealth and potentially generate more stable, sustainable returns in the long run. Hence the correct answer in Option D. you just hit a big jackpot in Las Vegas and decide to put it all back into another game to double your return.

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Oil refining involves processing crude oil into several different products. It often starts with a fractional distillation column. Crude oil is heated and the different products are collected at different temperatures. For example, lubricating oil, used for motor oil, grease and other lubricants, boils at a temperature between 572 to 700°C. After this, chemical processes are used to remove impurities. A system of pipes is used to link all the different processes so that refining continues uninterrupted. Saudi Aramco is the largest oil corporation in the world and is involved in all stages of oil production. It manages over 100 oil and gas fields in Saudi Arabia. It employs over 65 000 people and is capable of refining around 2 million barrels per day. In 2015, the company was generating about US$1000 million of revenue per day.
1 What is meant by flow production? Use this case study as an example in your explanation.
2 Assess the advantages and disadvantages to Saudi Aramco of flow production. Make a clear judgement in your evaluation.​

Answers

Flow production is a type of production system in which products are produced in a continuous, uninterrupted manner. This type of production is used in industries such as oil refining, where a steady flow of products is necessary to meet demands.

In the case of Saudi Aramco, flow production allows them to refine up to 2 million barrels of oil per day, which is essential to meet the demands of the global market.

What are the advantages and disadvantages of the production?

The advantages of flow production for Saudi Aramco include increased efficiency, cost savings, and increased output. The continuous production process reduces the amount of time and energy needed to produce each product, allowing for greater efficiency. Additionally, the cost of production is reduced as the same equipment and materials can be used for multiple products. Lastly, the steady production process allows Saudi Aramco to produce more products to meet the demands of the global market.

The main disadvantage of flow production for Saudi Aramco is the potential for mistakes or breakdowns. As the production process is continuous, any mistake or breakdown can cause a disruption in the entire process. This can lead to significant delays in production and potentially large losses in revenue. Additionally, if the production process is not properly monitored, the quality of the products can suffer.

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Imagine there is a town where the equilibrium quantity of workers is 20, and the equilibrium wage is $60. Given the demand for workers is proportional to wages, and that the demand for workers decreases by 5 persons if wages increase by $10, which of the following statements is correct if the town authorities make a policy of raising the equilibrium wage by 50% as the town’s minimum wage?
(A) The unemployment rate is 83%.
(B) 15 workers experience unemployment.
(C) This policy is welcomed by firms from the perspective of firms’ surplus.
(D) This policy is welcomed by workers from the perspective of workers’ surplus.

Answers

The policy of raising the equilibrium wage by 50% as the town's minimum wage would increase the equilibrium quantity of workers from 20 to 30. Hence option (D), this policy is welcomed by workers from the perspective of workers’ surplus is correct.

What is the equilibrium wage?

The supply and demand of labor in a labor market are closely correlated with equilibrium wages. The point at which the supply and demand are equal is known as the equilibrium wage rate. Demand and supply play a role in setting wages in a market that is competitive.

The equilibrium wage will rise with either an increase in demand or a decrease in supply. The equilibrium wage will decline due to changes in supply or demand. The intersection of labor supply and demand is where the equilibrium market wage rate is located.

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The best description of a strong leader is someone who?

Answers

I think that in my opinion a good leader is someone who is kind to his/her people. Another thing that makes a strong leader and good leader is that she/he considers the opinions of the people they work with

In my opinion, a strong leader is someone who trusts in their colleagues and knows they are doing. I don’t want to have a boss who doesn’t 100% trust my capabilities, and I would want a boss who had a clear plan and knows what they are doing. Additionally, I would want someone who is determined and whom you share a common goal with. I would want to know that my boss has a goal that he/she strives to achieve every day.

Buyers who are aware of Firm’s ___________________ might desire to purchase its products because price no longer remains a limiting factor
1)location
2)prestige
3)competition
whixh one is correct

Answers

Answer:

2) prestige.

Explanation:

Buyers who are aware of Firm’s prestige might desire to purchase its products because price no longer remains a limiting factor.

Hello please help! I need a 3 paragraph response!

Why are some companies more successful in their global expansion than others? What factors should a manager consider when expanding globally?

Answers

There are some companies are the successful as compare to the other companies are:

Recognition.Market share.Better services.

There was the expanding on the globally to consider the better brand and the loyalty.

What is companies?

Companies are legal entities that are legally registered in accordance with the Company Act. The companies are the main motive of the earning the profit. The companies are the making the profit to run the business.

According to some companies are the successful because it was the smart work, recognition, market share, and the innovation. The focuses on the global market are the better brand and the loyalty are the more susses of the companies.

As a result, the significance of the companies are the aforementioned.

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The securities markets in the U.S. are heavily regulated. The primary reasons for this are _____. (Select all that apply.)
it protects investors from all personal loss

it ensures that markets are fair

large investors demand it

risk is reduced in a heavily regulated market

Answers

Answer:

A,B and D

Explanation:

it protects investors from all personal loss, it ensures that markets are fair and risk is reduced in a heavily regulated market are the most valid reasons why the U.S. security markets would be regulated.

What generally occurs in an economy as specialization increases?
A. The division of labor increases.
B. Production decreases.
C. The division of labor decreases.
D. Production increases.
SUBMD

Answers

The division of labor decreases

In an economy as specialization increases the production also increases. Thus the option (B) is correct.

What is specialization?

Specialization refers to the process of becoming expert in certain field For example: CS engineer is expert in coding and is the computer developer.

When the economy is in the verge of increased specialization leads to the growth in the standard of living. The standard of living increases then people tends to spend more which eventually increases the level of production.

Thus the option (B) is correct.

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To maintain good working relationships in negotiations, managers and other involved parties should strive for ____

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Answer:

"Build a relationship in negotiation by asking questions, then listening carefully. Even if you have decided to make the first offer and are ready with a number of alternatives, you should always open by asking and listening to assess yur counterpart's interests."

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