Answer:
True
Explanation:
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 $601,452 to retire the bonds. Record the retirement of the bonds on December 31, 2022. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate calculations to the nearest whole dollar amount.)
Journal Entry access is the act of keeping or making information of any transactions either monetary or non-monetary. Transactions are indexed in an accounting journal that indicates an agency's debit and credit score balances.
Journal Entry
Account title and explanation Debit($) 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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What is the advantage of using the comments feature in word processing applications?
The advantage of using the comments feature in word processing applications is to provides an easy and effective way to collaborate and comment on document drafts.
What is the Word processing software?This application is one that offers a variety of features and commands that enable users to create attractive business documents easily and efficiently. It also provides a brief description of many basic features that can be found in most word processing software programs.
In essence, the user's ability to add comments to Microsoft Word documents is one of the program's most useful features as it provides an easy and effective way to collaborate and comment on document drafts. But, even single users find the feature handy for adding notes and remind.
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Analyse action plan and explain the steps that you must follow when drawing an action plan.
Utilize the following five steps to develop an action plan to assist you in reaching your goal:
Set SMART objectives.
Make a list of things to do.
Make a timetable.
Identify resources.
Follow the development.
develop an action plan
Step 1: Establish your objective. Determine what you want your project to accomplish clearly.
List your tasks in step two. Once you have a goal in mind, make a list of the actions you must take to achieve it.
Step 3: Determine the important duties.
Assign duties in step four.
Step 5: Evaluate and enhance.
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What is YTM of a bond that matures in 23 years with semiannual coupon payments if quoted price is 103.203, par value $2,000 coupon rate of 6.81%?
The YTM is 6.54% for the required period of time. YTM means yield to maturity.
What is the meaning of YTM?A rate of return estimate is the yield to maturity (YTM). It is assumed that the bond buyer would keep the bond until it matures and that they will reinvest all interest payments at the same interest rate. Consequently, the coupon rate is taken into account while calculating yield to maturity. YTM is another name for the yield on redemption.
According to given question
Face value=$ 2000
Current price= 2000*(103.203/100)=2064.06
Time=23*2=46
Coupon=6.81*2000*5=68.1
YTM=[(68.1+((2000-2064.06)/46))/(2000+2064.06)/2)*2
YTM=6.54%
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Compare two different companies' products or services within the same industry.
Describe the one with great service experiences and the other with poor service experiences that you have encountered. What were the variables/differentiators that, in your mind, separate the two companies?
Answer:
The telecommunication company Jio has better plan availability and very affordable prices.
Explanation:
The companies we take are from Telecommunication industry that is Jio and Airtel.Jio has better voice and data plans in affordable rate whereas Airtel provides plan at expensive rate.Variable that I took while differetiating are affordability and better Option availability.Thus to conclude, Jio provides better product variety as compare to their counterpart.
Put a check next to ALL the expenses listed below that would qualify as General and Administrative Expenses.
The following expenses are examples of what would count as general and administrative costs.
the price of sending every manager to a retreat for leaders.
Annual dinner for worker gratitude
Bills for your facility's gas, water, and electricity.
Depreciation
retainers for attorneys
Reason: General and administrative costs are those that cannot be directly linked to activities related to sales or manufacturing.
two salespeople's travel costs attend a sales training course. Pay and benefits for the production team. (Related to sales) Mileage reimbursement for salespeople using their own vehicles (production-related) (Sales related.)
Is depreciation a cost of doing business?In some situations, depreciation qualifies as an administrative cost. Depending on the assets that are depreciating, a company might treat it as a selling expense.
What kinds of costs fall under the general and administrative category?Building rent, consultancy fees, depreciation on office furnishings and equipment, insurance, supplies, subscriptions, and utilities are a few examples of general and administrative (G&A) costs.
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List 10 ways you can apply green computing to your daily life.
1. Making Purchases from Businesses That Have a Commitment to the Environment
2. Taking Part in Programs for Recycling Electronic Equipment
3 Implementing Virtualization and Other Technologies
4 Reducing the Amount of Printed Material and Recycling Paper
5 Power down your computer and monitor
6. Modify the level of Brightness
7 Refrain from Utilizing a Screen Saver
8 Disconnect All Extraneous Devices
9 Make sure your printer is turned off.
10 Printed on Both Sides of the Sheet
This is further explained below.
What is computing?Generally, Computer refers to any goal-oriented activity that requires or benefits from the use of computing hardware or that creates such machinery.
The investigation and testing of algorithmic processes, as well as the creation of both hardware and software, are included in this field.
In conclusion,
1. Making Purchases from Businesses That Have a Commitment to the Environment
2. Taking Part in Programs for Recycling Electronic Equipment
3 Implementing Virtualization and Other Technologies
4 Reducing the Amount of Printed Material and Recycling Paper
5 Power down your computer and monitor
6. Modify the level of Brightness
7 Refrain from Utilizing a Screen Saver
8 Disconnect All Extraneous Devices
9 Make sure your printer is turned off.
10 Printed on Both Sides of the Sheet
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as you grow older, which of these might make you change your personal finance decision more?
As you grow older the responsibilities increase and so this majorly effects the finance decisions more.
What is Finance?Finance is the process of gathering or raising fund for some sort of expenditure. Finance decision is important critical and needs to be perfect. Financial decision is taken by complete care and by viewing all the aspects of the market and opportunities to finance available.
Later in life when a person grow older the finance decisions become more difficult as the person now have more responsibilities and cannot afford a loss for the dependents.
The decision made is therefore needs to be critically analyzed and double checked before making a decision. It is recommended to all individuals to take the finance decision with complete care.
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Answer:
As you grow older the responsibilities increase and so this majorly effects the finance decisions more.
What is Finance?
Finance is the process of gathering or raising fund for some sort of expenditure. Finance decision is important critical and needs to be perfect. Financial decision is taken by complete care and by viewing all the aspects of the market and opportunities to finance available.
Later in life when a person grow older the finance decisions become more difficult as the person now have more responsibilities and cannot afford a loss for the dependents.
The decision made is therefore needs to be critically analyzed and double checked before making a decision. It is recommended to all individuals to take the finance decision with complete care.
Explanation:
You make $67,321 and pay taxes as a partnership at a rate of 25%. How much do you owe in taxes.
The partner whose share of profits is $67,321 , owes $16,830.25 in taxes, based on the tax rate of 25%
What portion of the of the partnership is charged as taxes?
It is clear that the partners in this partnership business would pay 25% of their share of profits as taxes, in other words, the taxes owed by the partner whose share of profits is $67,321, can be determined as the share profits multiplied by the applicable tax rate in this instance.
taxes owed by the partner=share of profits*tax rate
share profits of the partner=$67,321
applicable tax rate in force=25%
taxes owed by the partner=$67,321*25%
taxes owed by the partner=$16,830.25
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What is the yearly cost per thousand of a whole life policy with a face value of $25,000 if the annual premium is $567?
Answer:
$22.68
Explanation:
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A cashier asks for your help as a
customer/member wants to make a return one
day beyond the return window. You can make
some exceptions, but too many will affect store
profits.
1
Which statement is MOST like
A cashier asks for your assistance as a patron/member desires to make a go-back sooner or later beyond the go-back window. you may make a few exceptions, however too many will have an effect on store earnings. the announcement: Least possibly. whilst it's proper to invite the consumer approximately the information of the acquisition, one cannot blindly consider the patron and provide money back. Such customers will anticipate the equal behavior to copy in the future and in case you decline they're much more likely to sight the instance of the time in happened the past and be sad with the carrier.
A retail cashier or virtually a cashier is someone who handles the cash check-in at diverse locations such as the factor of the sale in a retail shop. they are liable for processing and receiving payments and issuing receipts to clients as they leave with their purchases. Cashiers additionally cope with additional objects important, which include coupons, whilst presenting an outstanding customer service revel.
The identical job is probably called a “front-end companion,” a “cashier,” or a “checker,” relying on who the organization is. Conversely, obligations might be divided differently in extraordinary groups.
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Discuss the economic
reasons why there is
price variability in agricultural commodities
Compared to industrial commodies in the short
run period.
The economic causes of the fluctuating prices of agricultural goods In the short term, compared to industrial commodities.
Increased energy costs, demand for biofuels, a declining US currency, unfavorable weather, and governmental reactions by certain major exporting and importing nations are further factors driving up food prices.
Why are short-term agricultural product pricing so unstable?Because of the poor short-term production and consumption elasticities, agricultural commodity prices are unstable. Because planting decisions are made before prices for the new crop are known, production responsiveness is low for commodities produced from annual crops. These choices are made based on anticipated prices, not actual prices.
Which of the following elements has an impact on the cost of agricultural products?A number of factors, such as the tension in the supply-demand connection, increased production and distribution costs, and speculation in refugee capital, are to blame for the increase in the price of agricultural products (Hot Money).
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The main points of compliance for the USA Patriot Act at a store
include Money Orders and Stored Value card transactions.
True
False
Answer:
False
Explanation:
The usa patriot act was made to stop threats not credit card debt
10. Which of the following is characteristic of a traditional economy?
Answer:The five characteristics of a traditional economy are: Centering around a family or tribe Existing in a hunter-gatherer and nomadic society Producing only what it needs Relying on a barter system Evolving once it starts farming and settling
Explanation:
How do the ethics of the Chief Executive Officer play a role in the quality of the products produced by a company?"
Answer:
the CEO ( Chief Executive Officer) job is to lead the company and to do the right thing
Explanation:
How have cloud-based applications changed the way businesses schedule appointments?
We can actually deduce here that cloud-based applications has changed the way businesses schedule appointments by creating opportunities to communicate meeting schedules, shift changes and shift update.
What is cloud-based application?A cloud-based application is actually known to be a software program that is known to be cloud-based which relies on remote servers for processing information through a web browser.
Cloud-based application has been helpful in storing information and data which can easily be retrieved even after many years as far the cloud-based application can be accessible. It can be known as virtual storage system.
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5 instruments that can be used to assess customer buying behaviour for any product of you choice
At its center, patron behavior is the take a look at of ways people make buying selections. It tries to understand how customers pick, use and remove products and services, as well as the various levels humans undergo earlier than making a buy.
In a general situation, we've got 5 major elements that determine patron behavior, i.e those elements regulate if a target consumer purchases a product or not. those factors are specifically mental, Social, Cultural, personal, and economic elements.
Customer conduct is stimulated by using many elements which include situation, psychological, environmental, and advertising factors, non-public elements, circle of relatives, and tradition. businesses attempt to gather information in an effort to make decisions on how they can attain their audience in the maximum efficient way.
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Multiple Choice Question
What contribution did the early Venetians make to the practice of management?
O Describing the importance of leadership in The Art of War
O Considering the role of specialization in a manufacturing setting
O Standardizing production with assembly lines and inventory controls
O Being the first to recognize management as a scientific practice
The early Venetians make Standardizing production with assembly lines and inventory controls the practice of management.
Venetian traders were influential financiers in Europe. The city was also the birthplace of awesome European explorers, which includes Marco Polo, as well as Baroque composers inclusive of Antonio Vivaldi and Benedetto Marcello, and well-known painters which include the Renaissance master Titian.
The Republic of Venice or the Venetian Republic, historically referred to as Los Angeles Serenissima changed into a sovereign nation and maritime
Venetian is a separate language from Italian, with many neighborhood varieties. Its precise location in the Romance language circle of relatives remains extremely debatable.
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challenge that south Africa's main coal export terminal is currently facing
According to Frost & Sullivan industrial automation, mining and manufacturing, the South African coal mining industry is dealing with a number of difficulties, with railway capacity limitations being the most important one impeding coal transportation to the Richards Bay Coal Terminal (RBCT), where it is shipped to the export market.
The top 10 coal producers in the world, including South Africa, have witnessed an increase in shipments to Europe this year as those nations look for alternatives to Russian coal in the wake of Russia's war on Ukraine.
In spite of the rising demand from Europe, South Africa is having trouble transporting coal. Currently, it is challenging to move significant volumes of coal swiftly from mines to ports due to the nation's relatively limited rail and road infrastructure.
The ports that South African coal producers use are many. The major terminal, Richards Bay Coal Terminal, is one of the biggest in the world and has an annual capacity of 91 million tons of coal; but, as I previously stated, in 2022, the capacity for rail will be 56 million tons.
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Decision Point: Profitability, Safety, and Company Image
You see three key issues that must be addressed: profitability, company image, and ensuring safer products.
As Senior VP for Worldwide Operations, you have some say in the programs that will reduce costs and how
the firm improves quality and safety. What you do now could have long-term implications for the company,
so it's important that you do the right thing.
Select a recommendation from the choices below and click Submit.
6
You decide to delegate responsibility for correcting the problems to lower-level supervisors in
operations.
You recommend that contracts with overseas providers be terminated and production be
brought back to the United States, where quality and safety can be monitored and
maintained. With recent advances in manufacturing technology, this may save the company
money.
You recommend hiring an outside consultant to develop and implement a solution that will
solve all three
Answer:
You recommend that contracts with overseas providers be terminated and production be
brought back to the United States, where quality and safety can be monitored and
maintained. With recent advances in manufacturing technology, this may save the company
money.
Explanation:
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____________________________________
Explain how interest is earned
Describe a savings account
Interest can be earned on money when it is deposited in a bank in a savings account or if the money is provided as a loan to an individual or an institution.
What is Savings Account?Savings account is the account that an financial institution offers where the customer can deposit its money and can earn interest income on it. The interest rate depends on the terms on which the money is deposited, long term deposits for example 5-10 years bear a better interest rate as compared to a short term deposit.
Interest is earned on the money that is deposited in a savings account, the money is invested by the financial institution from where they earn returns and pay them back to the customer in the form of interest income. The investment by financial institutions are made at different areas so the income generation is confirmed.
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An IRB may suspend or terminate an ongoing clinical study if:
An IRB may suspend or terminate some or all research activities on a protocol if events are identified that represent serious or continuing noncompliance or unanticipated problems involving risk to subjects or others.
IRB Chair or his/her/their designee has the authority to suspend some or all research activities if exceptional participant safety issues are identified. This authority is only exercised if an action is required prior to a convened meeting and it is not feasible to assemble an emergency meeting.
IRB Chair or his/her/their designee has the authority to suspend some or all research activities if exceptional participant safety issues are identified. This authority is only exercised if an action is required prior to a convened meeting and it is not feasible to assemble an emergency meeting.
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What are the possible limitations of the decision support system in a banking sector with examples and scenarios
The possible limitations of the Decision Support System(DSS) in a banking sector are:
There are numerous uncertainties surrounding DSS, including Quantifying All the Data is Difficult: A decision support system mostly uses data that can be measured. As a result, it is challenging to interpret ill-defined or immaterial data. In practice, some values are difficult to describe precisely and numerically.
Decision Support System(DSS): A decision support system (DSS) is computer software that an organization or corporation uses to support decisions, judgments, and courses of action. A DSS sorts and examines enormous amounts of data, amassing thorough knowledge that may be applied to problem-solving and decision-making.
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what is the importance of understanding the subject of management for supporting a business owner of a company within a given economic sector?
Group goals can be accomplished with the aid of management, which arranges the production components, assembles and organizes the resources, and integrates the resources efficiently.
How significant a part does management play in an organization?By assigning tasks that organization members complete, management's job is to help an organization achieve its purposes or goals. If Management makes sure that every activity is thoughtfully planned, the output of every worker will help the organization reach its objectives.
How crucial is it to study business organization and management?It gives you the academic know-how and abilities to pursue opportunities for a global career and aids in the growth of your general business knowledge as well as your knowledge of particular industries like finance and human resources.
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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?
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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You have to pay $12,500 a year in school fees at the end of each of the next six years. If the interest rate is 8%, how much do you need to set aside today to cover these bills? You have invested $70,476 at 8%. After paying the above school fees, how much would remain at the end of the six years?
At the end of the six years, the amount of 55474.55597 will remain, if the interest rate is 8%.
An interest rate is the quantity of interest due according to the period, as a share of the amount lent, deposited, or borrowed. the overall hobby on an amount lent or borrowed depends on the principal sum, the hobby fee, the compounding frequency, and the period of time over which it's far lent, deposited, or borrowed.
The interest rate is the amount a lender charges a borrower and is a percentage of the predominant quantity loaned. The interest rate on a mortgage is typically mentioned on an annual foundation known as the once-a-year percentage fee (APR).
present value of annuity = C × [ [tex]\frac{1- (1 + i)^{-n}}{i}[/tex]]
= 12000 × [ [tex]\frac{1-(1 + 8)^{-6} }{8}[/tex]]
= 55474.55597
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Define quality from the
producers point of view
Answer:
Producers believe that a quality product has quality of conformance, which means that their products are designed and produced to specifications.
Explanation:
Insurance companies create a pool of funds to handle
Orisk
O gain
Oloss
O safety
10
Answer:
A) risk
Explanation:
An insurance company creates a pool of funds to handle risk. This helps to protect the company financially if there are more claims than expected.
What is a good way to organize your job search?
Memorize all the places where you applied.
Memorize all the places where you applied.
Get help by telling your friends where you applied.
Get help by telling your friends where you applied.
Apply to one job at a time so it's easy to remember.
Apply to one job at a time so it's easy to remember.
Use a tool to track which jobs you applied to and where you are in the process.
A good way to organize your job search is to use a tool to track which jobs you applied to and where you are in the process.
What is meant by a Job search?Basically, this refers to the instance of keeping an active contact with a potential employer to apply for a job through a contact by phone, in person, submitting an application or by attending a job interview. It can also mean a structured and limited period during which a participant is required to search for and/or obtain employment. In most cases, a participant must search and apply for a set number of jobs in other to complete the job search.
During this, a job search organizing is important as it helps to applicant to effectively manage the process. In all, a good way to organize your job search is to use a tool to track which jobs you applied to and where you are in the process.
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One way to adda table to a presentation is to
A. click on Clip Art under the Insert tab.
B. click on WordArt under the Insert tab.
C. right-click on an existing page with content and choose Add Table.
D. add a new slide and left-click on the Table symhgl in an empty area.
One way to adda table to a presentation is to click on WordArt under the Insert tab. (b)
Click Table under the Insert tab. Pick one of the following options from the Insert Table menu: Click to enter your table after dragging the pointer over the grid to the desired number of columns and rows. Enter a value in the Number of columns and Number of rows boxes after clicking Insert Table WordArt.
You can also display information in PowerPoint using tables. The cells in a table are arranged in a grid with rows and columns. Tables can be used for a variety of activities, including the presentation of text and numerical data. You can even customize tables to fit your presentation.
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