_____ Web sites are dedicated to employment opportunities with a given city, state, or country.


Education

Industry

Government

Corporate

Answers

Answer 1

Answer:

the answer is government


Related Questions

On January 1, 2021 Rastell Co signed a long term finance lease for an office building. The terms of the lease required Rastall to pay 16,000 annually beginning December 31, 2021 and continuing each year for 16 years. On January 1, 2021 the present value of the lease payments is 151, 146 discounted at the 7% interest rate implicit in the lease In Rastall’s December 31, 2021, balance sheet, the lease payable should be:

a. $109,200
b. $112,679
c. $221,000
d. $95,679

Answers

Answer:

$145,726

Explanation:

Note: The options to this question belongs to another question entirely and that is attached as picture. So, the correct answer is not among the 4 options

Interest expense = Present value of lease payment * Interest rate

Interest expense = $151,146 * 7%

Interest expense = $10,580.22

Particulars                                                                           Amount

Present value of lease payment                                       $151,146

Add: Interest expense                                                       $10.580

Less: Annual Payments                                                     ($16,000)

Lease Payable on December 31, 2021 Balance Sheet  $145,726

8430000 on July 1, 2020. Ivanhoe Football Co. had a player contract with Kurtz that is recorded in its books at $11150000 on July 1, 2020. On this date, Sheffield traded Watts to Ivanhoe for Kurtz and paid a cash difference of $1115000. The fair value of the Kurtz contract was $12600000 on the exchange date. The exchange had no commercial substance. After the exchange, the Kurtz contract should be recorded in S

Answers

Answer:

$9,545,000

Explanation:

Calculation to determine the amount that Kurtz contract should be recorded in S After the exchange

First step is to calculate the deferred gain

Deferred gain=($12,600,000 – $1,115,000) – 8,430,000

Deferred gain = $3,055,000

Now let calculate the Basis which is the amount that Kurtz contract should be recorded in S After the exchange

Basis=$12600000 – $3,055,000

Basis = $9,545,000

Therefore After the exchange, the Kurtz contract should be recorded in S as $9,545,000

The Ring Division of A1d-Y6z Company reported the following information for May: selling price per unit .................... $35 variable costs per unit ................... $12 turnover .................................. 2.50 residual income ........................... $229,600 margin .................................... 22% units sold ................................ 40,000 Calculate the number of units the Ring Division needed to sell in May in order for the residual income in May to be $505,600.

Answers

Answer:

52,000 units

Explanation:

Selling price = $35*40,000 = $1,400,000

Variable cost = $12 * 40,000 = $480,000

Contribution margin = $1,400,000 - $480,000 = $920,000

Fixed cost = Residual income + Contribution

Fixed cost = $920,000 - $229,600

Fixed cost = $690,400

Sales to earn residual income = [Fixed cost + Desired profit] / Contribution per unit

Sales to earn residual income = [$690,400 + $505,600] / $35 - $12

Sales to earn residual income = $1,196,000 / $23

Sales to earn residual income = 52,000 units

Charise is considering how much to charge for her small business’s products. Charise is involved in

Group of answer choices

Answers

Answer:

charity

Explanation:

The company started when it acquired $38,000 cash by issuing common stock. Purchased a new cooktop that cost $14,200 cash. Earned $23,400 in cash revenue. Paid $12,500 cash for salaries expense. Adjusted the records to reflect the use of the cooktop. Purchased on January 1, Year 1, the cooktop has an expected useful life of five years and an estimated salvage value of $3,500. Use straight-line depreciation. The adjusting entry was made as of December 31, Year 1.
Required:
Record the above transactions in a horizontal statements model like the following one. (In the Cosh Flow column, indicate whether the item is an operating activity (OA), an investing activity (IA),a financing activity (FA) and net change in cash (NC). The letters NA indicate that an element is not affected by the event. Enter any decreases to account balances and cash outnows with。 minus sign.) Horizoetal Statements Model Balance Sheet Income Statement Statement of Cash Flows Event Assets Equity Common R Revenue -Expense Net Income Cash Equipment Bal

Answers

Answer:

Horizontal Statements Model

                   Balance Sheet        Income Statement                  Statement of

Assets    = Liabilities + Equity    Revenue - Expenses = Profit   Cash Flows

1. +$38,000)= 0 +      $38,000                                                             FA

2. +$14,200-$14,200 = L + E                                                                 IA

3. +$23,400 = L + E                       +$23,400 -                  $23,400    OA

4. -$12,500 = L + E                                         -    $12,500  -12,500    OA

5. -$2,140 = L + E                                           -      $2,140    - 2,140      None

Total $46,760 = Liabilities + $38,000 +                             $8,760  

   

Where A = assets

L = Liabilities

E = Equity

Explanation:

a) Data and Analysis:

Cash $38,000 Common stock $38,000

Cooktop $14,200 Cash $14,200

Cash $23,400 Sales revenue.

Cash $12,500  Salaries expense $12,500

Depreciation $2,140 ($14,200 - $3,500)/5

You are analyzing two assets: collectible LEGO sets, and stock of Apple. In the last 5 years, LEGOs have had an annual volatility of 5%, annual return of 6%, and a CAPM beta (the correlation coefficient between the asset and the market risk-premium) of 1.6. Apple has had an annual volatility of 10%, an annual return of 8%, and a CAPM beta of 1.2. Is the following statement true or false?

According to CAPM, Apple has a higher expected return than LEGO.

Answers

Answer:

No, Apple has lower rate of return than LEGOs.

Explanation:

Risk free rate is 2% and Market risk is 9%

Expected return can be calculated by :

E(r) = Rf + beta * (Rm - Rf)

E(r) LEGOs = 2 + 1.6 * (9 - 2)

E(r) LEGOs = 13.2%

E(r) Apple = 2 + 1.2 * (9 - 2)

E(r) Apple = 10.4%

Axil Corp. has not tapped the Deutsche mark public debt market because of concern about a likely appreciation of that currency and only wishes to be a floating-rate dollar borrower, which it can be at LIBOR + 1%. Bevel Corp. strongly prefers fixed-rate DM debt, but it must pay 1.5% more than the 6.25% coupon that Axil's DM notes would carry. Bevel, however, can obtain Eurodollars at LIBOR + 1/2%. Show work and explain.
1. What is the maximum possible cost savings to Axil from engaging in acurrency swap with Bevel?
2. What is the maximum possible cost savings to Bevel from engaging in acurrency swap with Axil?

Answers

Answer:

2%2%

Explanation:

First step : determine total cost experienced in both cases

Total cost experienced by both firms without swap

= Axil floating dollar cost + Bevel fixed DM cost

= Libor + 1% + 7.75% =   Libor + 8.75%

Total cost of funds by both firms when they are involved in a swap

= Bevel Floating dollar cost + Axil fixed Dm cost

= Libor + 0.5% + 6.25%

= Libor + 6.75%

1) the maximum possible cost savings to Axil Corp

  Libor + 8.75%  - Libor + 6.75% =  2%

2)  the maximum possible cost savings to Bevel Corp

  Libor + 8.75%  - Libor + 6.75% =  2%

Sara is about to graduate high school. She has saved money the last few years while working a part-time job. Her parents bought her a car when she turned 16, but her younger brother is about to turn 16 and her parents have promised him the car when he turns 16. This means Sara must buy a car on her own. She has about $6,000 saved, and she received another $1,000 in graduation gifts. She wants to buy a reliable car that will last her throughout college. She has spotted a Honda Accord with low miles, but the asking price is $15,000.

Required:
Which banking service is Sara most interested in?

Answers

Answer:

Loan services

Explanation:

Based on the information given in a situation where She has the saved amount of $6,000 as well as the amount of $1,000 she received in graduation gifts which means that she will have $7,000 ($6,000+$1,000), Now if She wants to buy a car that is reliable in which the asking price of the car is the amount of $15,000 which means that Sara still need the amount of $8,000 ($15,000-$7,000) to balance the already saved amount of $7,000. Based on this the banking service that she most interested in is LOAN SERVICE reason been that this banking service will enable her to acquire the loan amount of $8,000 ($15,000-$7,000) in order for her to buy the Honda Accord she spotted.

Therefore the banking service that Sara is most interested in is LOAN SERVICES

_____ allow job seekers to search several different sources at the same time. Indeed.com and Jobs2Careers.com are both examples of this type of Web site.


Job board Web sites

Meta job search engine Web sites

Corporate career center Web sites

Industry-specific Web sites

Answers

Answer:

I think the answer is job board websites

Explanation:

Answer:

Meta job search engine Web sites

Explanation:

I looked up each one of the possible answer's and Meta job search engine web sites makes the most amount of sense. I guess Job board web sites when I took the quiz and got it wrong so I know for sure that it isn't that one.

Dividends on CCN corporation are expected to grow at a 9% per year. Assume that the discount rate on CCN is 12% and that the expected dividend per share in one year is $0.50. CCN has just paid a dividend, so the next dividend is the $0.50 to be paid one year from now. Calculate the expected price per share 14 years from now. Assume that a dividend has just been paid.

Answers

Answer:

P14 = $55.69545045394  rounded off to  $55.70

Explanation:

The constant growth model of dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under constant growth DDM is,

P0 = D1 / (r - g)

Where,

D1 is the dividend expected in Year 1 or next year g is the constant growth rate in dividends r is the discount rate or required rate of return

To calculate the price of the share today, we use the dividend that is expected next year or in Year 1. Thus, to calculate the price of the share 14 years from now, we use use D15. The D15 can be calculated as follows,

D15 = D1 * (1+g)^14

D15 = 0.50 * (1+0.09)^14

D15 = $1.67086351362  rounded off to  $1.67

Now using the equation for Price as provided by the DDM model,

P14 = 1.67086351362 / (0.12 - 0.09)

P14 = $55.69545045394  rounded off to $55.70

The following facts relate to Coronado Corporation.
1. Deferred tax liability, January 1, 2020, $20,200.
2. Deferred tax asset, January 1, 2020, $0.
3. Taxable income for 2020, $95,950.
4. Pretax financial income for 2020, $202,000.
5. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $242,400.
6. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $35,350.
7. Tax rate for all years, 20%.
8. The company is expected to operate profitably in the future.
Compute income taxes payable for 2020:
Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Prepare the income tax expense section of the income statement for 2020, beginning with the line "Income before income taxes." (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Answers

Answer: See explanation

Explanation:

a. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020.

Debit Income Tax Expense $40400

Debit Defered Tax Asset $7070

Credit Income Tax Payable $19190

Credit Defered tax liability $28280

(To record income tax expense and defered tax/liability).

Note that:

Income Tax Expense was gotten as:

= $202,000 × 20%

= $202000 × 0.2

= $40,4000

Income Tax Payable was gotten as:

= $95,950 × 20%

= $95950 × 0.2

= $19,190

2. Prepare the income tax expense section of the income statement for 2020.

Income statement for year ended 31 December 2020

Income before tax = $202000

Less: Income Tax expense - Current = $19190

Less: Income Tax expense - Defered = $21210

Net income = $161600

MatchPoint Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows:

Junior Pro Striker
Production budget 8,100 units 19,500 units

Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows:

Forming Department Assembly Department
Junior 0.25 hour per unit 0.50 hour per unit
Pro Striker 0.30 hour per unit 0.70 hour per unit

The direct labor rate for each department is as follows:

Forming Department $17.00 per hour
Assembly Department $9.00 per hour

Required:
Prepare the direct labor cost budget for March.

Answers

Answer:

See below

Explanation:

The preparation of direct labor cost budget for March is seen below;

Particulars Foaming department Assembly department

Production 8,100 units 19,500 units

Hours required

Junior 2,025 4,050

Hours required

Pro 5,850 13,650

Total hours

Department Wise (A) 7,875 17,700

Total Hourly rate (B) $17 $19

Total direct labor cost (A × B) $133,875 $336,300

••Workings

For Junior, it would be :

Foaming

= 0.25 hour per unit × 8,100 units

= 2,025

Assembly

= 0.50 hour per unit × 8,100 units

= 4,050

For Pro, it would be:

Foaming

= 0.30 hour per unit × 19,500 units

= 5,850

Assembly

= 0.70 hour per unit × 19,500 units

= 13,650

can u people help me to raid online class​

Answers

I am sorry but I need the points. And good luck with school, I hate school

(MC) As of 2019, roughly how much money did U.S. retailers lose annually due to poor customer service?
A. $20-$30 million
B. $100-$150 million
C. $60-$70 bilion

Answers

I believe it’s b sorry if it’s incorrect

Crane Company began operations in 2020 and determined its ending inventory at cost and at LCNRV at December 31, 2020, and December 31, 2021. This information is presented below. Cost Net Realizable Value 12/31/20 $354,700 $331,550 12/31/21 413,510 394,540 (a) Prepare the journal entries required at December 31, 2020, and December 31, 2021, assuming inventory is recorded at LCNRV and a perpetual inventory system using the cost-of-goods-sold method.

Answers

Answer and Explanation:

a. The journal entries are shown below

Cost of goods sold ($354,700 - $331,550) $23,150

        To Allowance for reduction in inventory to NRV $23,150

(Being allowance for reduction is recorded)

Allowance for reduction in inventory to NRV ($23,150 - ($413,510 - $394,540)) $4,180

           To Cost of good sold $4,180

(being recording of the previous loss)

These two entries should be recorded at LCNRV method

A firm is operating in the United States with only two other competitors in the industry. a. It is likely this industry would be characterized as: multiple choice 1 perfectly competitive. oligopoly. pure monopoly. monopolistically competitive. b. Firms in this industry will likely earn: multiple choice 2 an economic profit. a normal profit. an economic loss. c. If foreign firms begin supplying the product, increasing the number of competitors, it is likely that: multiple choice 3 economic losses will become smaller. normal profits will increase. economic profits will increase. economic profits will fall.

Answers

Answer:

a. Oligopoly.

b. an economic profit.

c. economic profits will fall.

Explanation:

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, which may either be similar or identical products and dominance by few firms.

The characteristics of an oligopolistic market structure are;

I. Mutual interdependence between the firms.

II. It's a market that is typically controlled by many small firms.

III. Difficult entry to new firms.

In this scenario, a business firm is operating in the United States with only two other competitors in the industry. Thus, the following can be stated about the business firm;

a. It is likely this industry would be characterized as an oligopoly.

b. Firms in this industry will likely earn an economic profit.

c. If foreign firms begin supplying the product, increasing the number of competitors, it is likely that economic profits will fall.

In conclusion, a business firm operating in this industry (oligopolistic market) will likely earn an economic profit. Also, if foreign business firms begin supplying the product, increasing the number of competitors, it is likely that economic profits will fall because the industry is now being competitive and controlled by other business firms.

Suppose a hypothetical economy is currently in a recessionary gap of $64 billion. Four economists agree that expansionary fiscal policy can increase total spending and move the economy out of recession, but they are debating which type of expansionary policy should be used.

Economist A believes that the government spending multiplier is 8 and the tax multiplier is 2. Economist B believes that the government spending multiplier is 4 and the tax multiplier is 8.

Required:
Compute the amount the government would have to increase spending to close the output gap according to each economist's belief.

Answers

Answer:

a. Amount the government would have to increase spending according Economist A = $8 billion

b. Amount the government would have to increase spending according Economist B = $16 billion

Explanation:

a. Economist A

Since government spending multiplier is believed to be 8, this implies that the government has to spend an amount that when it is multiplied by 8 it will be equal to recessionary gap of $64 billion in order to close the output gap. This amount can be calculated as follows:

Amount the government would have to increase spending according Economist A = Amount of recessionary gap / Government spending multiplier according to Economist A = $64 billion / 8 = $8 billion

b. Economist B

Since government spending multiplier is believed to be 4, this implies that the government has to spend an amount that when it is multiplied by 4 it will be equal to recessionary gap of $64 billion in order to close the output gap. This amount can be calculated as follows:

Amount the government would have to increase spending according Economist B = Amount of recessionary gap / Government spending multiplier according to Economist B = $64 billion / 4 = $16 billion

Which of the following problems are likely to be encountered in distribution?

i) Spoilage of goods

ii) Inadequate warehousing

iii) Ineffective communication

Answers

Honestly all of these things should be considered. If you have a edible product, consider how long you have until your product expires.

You need enough to meet your sales demands, so run some numbers on how much you need to meet these demands.

You need to have good communication with your employees, employers, and investors. If you don’t, things can go terribly wrong! Make sure you don’t make this rookie mistake! Set up something so you have good communication with the people you work with.

Good luck!!!

In its first year of operations, Crane Company recognized $29,500 in service revenue, $6,100 of which was on account and still outstanding at year-end. The remaining $23,400 was received in cash from customers. The company incurred operating expenses of $15,500. Of these expenses, $12,010 were paid in cash; $3,490 was still owed on account at year-end. In addition, Crane prepaid $2,300 for insurance coverage that would not be used until the second year of operations.
1. Calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting. 2. Which basis of accounting (cash or accrual) provides more useful information for decision-makers?

Answers

Answer: See explanation

Explanation:

1. Calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.

The first year's net earnings under the cash basis of accounting will be:

Service revenue = $23400

Less: Expenses = $14310

Net income = $9090

The first year's net earnings under the accrual basis of accounting will be:

Service revenue = $29500

Less: Expenses = $15500

Net income = $14000

2. Which basis of accounting (cash or accrual) provides more useful information for decision-makers?

It should be noted that the accrual basis of accounting gives decision makers more useful information. This is due to the fact that the decision makers will probably want to know the revenue and the expenses that were incurred for a particular period and every other necessary details.

Budgeted Income Statement Coral Seas Jewelry Company makes and sells costume jewelry. For the coming year, Coral Seas expects sales of $19,700,000 and cost of goods sold of $10,835,000. Advertising is a key part of Coral Seas' business strategy, and total marketing expense for the year is budgeted at $3,546,000. Total administrative expenses are expected to be $788,000. Coral Seas has no interest expense. Income taxes are paid at the rate of 40 percent of operating income.

Required:
Construct a budgeted income statement for Coral Seas Jewelry Company for the coming year. Enter your answers in dollars and not in millions.

Answers

Answer:

The budgeted net income for the coming year is $2,718,600.

Explanation:

The budgeted income statement for Coral Seas Jewelry Company for the coming year can be constructed as follows:

        Coral Seas Jewelry Company

         Budgeted Income Statement

                For the Coming Year

Details                                         Amount ($)    

Sales                                           19,700,000

Cost of Goods Sold                  (10,835,000)  

Gross Margin                              8,865,000

Marketing Expenses                 (3,546,000)  

Administrative Expenses            (788,000)  

Operating income                       4,531,000

Income Tax (40%)                      (1,812,400)  

Net Income                                 2,718,600  

Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Ann works 300 days per year so she needs to buy a total of 6,000 pounds of pepperoni. Order costs for pepperoni are $75 per order, and carrying costs are $.10 per pound per year. Ann has a hurdle rate of 10%, and the pepperoni that Ann buys from her supplier costs $3 per pound.
What is the EOQ for pepperoni?
a. 1,000 pounds.
b. 1,500 pounds.
c. 2,000 pounds.
d. 2,500 pounds.

Answers

Answer:

b. 1,500 pounds.

Explanation:

::::::

how can technological innovation help a company become globalised​

Answers

Answer: Technology is the vital force in the modern form of business globalization. ... Technology has helped us in overcoming the major hurdles of globalization and international trade such as trade barrier, lack of common ethical standard, transportation cost and delay in information exchange, thereby changing the market place.

Explanation:

Think about a financial decision you made regarding the purchase of a big-ticket item or investment within the last five years. Provide a summary on the discussion thread, answering the following questions:What decision did you make?How prepared were you to make the decision?What was your thought process as you were making the decision?What financial information did you need to make the decision and why?What lessons have you learned that you will apply to future financial decisions?

Answers

To make a large purchase (most) ask the following questions, worthwhile?, investment opportunities?, lasting of purchase?, and necessity or want.

Dixie Chicken is about to close one of its fast food franchises. As part of the closing, the firm will sell a refrigeration unit and its cooking units. The book value of the refrigeration unit is currently $18,203.00, while the book value of the cooking unit is $3,713.00. A buyer has offered $12,454.00 for the refrigerator and $6,116.00 for the cooking unit. The tax rate facing the firm is 35.00%. What is the cash flow from selling these assets

Answers

Answer:

$19741.10

Explanation:

Cash flow from the sale = salvage value - tax(salvage value - book value)

Salvage value is the price at which the asset is sold

The refrigerator : $12,454.00 -0.35($12,454.00 - $18,203.00) = $14,466.15

$6,116.00 - 0.35($6,116.00 -  $3,713.00) = $5274.95

Total cash flow = $5274.95 + $14,466.15 = $19741.10

Aslam wants to create multiple worksheet containing common formatting styles for his team members. Which file extension helps him to save these worksheets?

(Templates),(Workbooks),(Files) help Aslam to create multiple worksheets with common styles.

He needs to save them with the (xlsb),(xltx),(xls),(xlsm).

Answers

Answer:

1. Excel file extensions, using XLS or XLSX, help him to save worksheets.

2. (Files) help Aslam to create multiple worksheets with common styles.

3. He needs to save them with the (xls).

Explanation:

The file extension (also called the filename extension) is the ending of a file that identifies the type of file in an operating system, for example, Microsoft Windows.  The filename extension starts with a period, followed by one, two, three, or four characters, especially in Microsoft Windows.  The filename extension helps the computer to open the correct program whenever one wants to use the file.

Vaughn Manufacturing purchased land as a factory site for $1345000. Vaughn paid $116000 to tear down two buildings on the land. Salvage was sold for $8100. Legal fees of $5500 were paid for title investigation and making the purchase. Architect's fees were $46900. Title insurance cost $3900, and liability insurance during construction cost $4200. Excavation cost $15860. The contractor was paid $4300000. An assessment made by the city for pavement was $9500. Interest costs during construction were $260000.
1. The cost of the land that should be recorded by Wilson Co. is:_____.
a. $989,880.
b. $980,480.
c $996,280.
d. $986,880.
2. The cost of the building should be recorded by Wilson Co. is:_____.
a. 2,804,840.
b. 2,813,200.
c. 2,803,800.
d. 3,014,240.

Answers

Answer:

Cost of Land = $1,471,800

Cost of Building = $4,626,960

Explanation:

Note: "The options attached to the question are incorrect because its belongs to another question entirely and this can be seen as attached as picture below"

1. Cost of Land = Purchase Value + Cost Incurred to Tear Down two Buildings - Salvage + Legal Fees + Title Insurance Cost + Assessment Cost

Cost of Land = $1345000 + $116000 - $8100 + $5500 + $3900 + $9500

Cost of Land = $1,471,800

2. Cost of Building = Architect's Fees + Liability Insurance Cost + Excavation Cost + Contractor's Payment + Interest Cost

Cost of Building = $46900 + $4200 + $15860 + $4300000 + 260000

Cost of Building = $4,626,960

Mills Corporation acquired as a long-term investment $300 million of 6% bonds, dated July 1, on July 1, 2018. Company management is holding the bonds in its trading portfolio. The market interest rate (yield) was 4% for bonds of similar risk and maturity. Mills paid $350 million for the bonds. The company will receive interest semiannually on June 30 and December 31. As a result of changing market conditions, the fair value of the bonds at December 31, 2018, was $325 million.
Required:
1. & 2. Prepare the journal entry to record Mills’ investment in the bonds on July 1, 2018 and interest on December 31, 2018, at the effective (market) rate.
3. At what amount will Mills report its investment in the December 31, 2018, balance sheet?
4. Suppose Moody’s bond rating agency upgraded the risk rating of the bonds, and Mills decided to sell the investment on January 2, 2019, for $360 million. Prepare the journal entries to record the sale.

Answers

Answer:Please see explanation for answers

Explanation:

1. Journal to record the investment in bonds

Date              Account title and explanation     Debit                     Credit

July, 1 2018     Investment in Bonds         $300,000,000  

  To Premium on Bond Investment           $50,000,000  

  To Cash                                                                                 $350,000,000

2. To record interest on Bonds

Date              Account title and explanation     Debit                  Credit

December 31,2018  Cash                                   $9,000,000

         (300,000,000 x 6% x 6/12)

 Interest Revenue

($350,000,000 ×  4% x 6/12)                                                   $7,000,000

 To Premium on bonds                                                             $2,000,000

3. The Amount to be reported in balance sheet is

 Investment in Bonds                                                                $300,000,000

+Premium on bonds  

(Original Premium $50,000,000  -Amortization (2,000,000) =48,000,000

Amount to be reported in Balance sheet=  $348,000,000

4. Date              Account title and explanation     Debit                  Credit  

January 2, 2019     Cash                                 $360,000,000

     To gain on sale                                                                       $12,00,000      ($348,000,000 - $360,000,000)

       To Investment in bonds                                                       $300,000,000    

       To Premium on bonds                                                          $48,000,000

You have collected data for the 50 U.S. states and estimated the following relationship between the change in the unemployment rate from the previous year and the growth rate of the respective state real GDP ​(​). The results are as​ follows: ​

Δur= (0.12) -(0.04)x gy, R2= 0.36, SER= 0.78

Assuming that the estimator has a normal​ distribution, the​ 95% confidence interval for the slope is approximately the​ interval:

a. [-0.31, 0.15]
b. [2.57, 3.05 ]
c. [-0.33, - 0.13]
d. [-0.13, -0.15]

Answers

Answer:

[ -0.13, -0.15 ]  ( D )

Explanation:

Given data :

sample size ( n ) = 50

Independent variable ( p ) = 1

determine the confidence interval for the slope

Df ( degree of freedom ) = n - p - 1 = ( 50 - 1 - 1 ) = 48

b ( estimated slope ) = -0.23

Standard error of slope = 0.04

confidence interval = 95%

For confidence interval of 95% and Df of 48 ; critical value ( t ) = 2.011

∴ Confidence interval

= -0.23  ±  ( 2.011 * 0.04)

= -0.23 ± 0.08044

=  [ -0.13, -0.15 ]

In risk management, what does risk control include?
A.
risk identification
B.
risk analysis
C.
risk prioritization
D.
risk management planning
E.
risk elimination

Answers

Answer:

If I'm right it is risk prioritization

Explanation:

if I am correct about this

In risk management, risk control includes risk prioritization. The correct option is c.

What do you understand about risk management?

Risk management can be understood as the identification, evaluation, and prioritization of risks followed by the coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in international markets, threats from project failures, legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of the uncertain or unpredictable root cause.

There are two types of events: they are negative events which can be classified as risks and positive events are classified as opportunities. Risk management standards have been developed by various institutions, including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards.

Risk management has appeared in scientific and management literature since the 1920s.

Learn more about risk, here:

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Orange Corporation has gathered the following data on a proposed investment project: Investment in depreciable equipment $ 520,000 Annual net cash flows $ 78,000 Life of the equipment 10 years Salvage value $ 0 Discount rate 6 % The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The payback period for the investment would be: Multiple Choice 1.0 years 0.2 years 4.7 years 6.7 years

Answers

Answer:

6.7 years

Explanation:

According to the scenario, computation of the given data are as follows,

Investment = $520,000

Net cash flow = $78,000

Life of equipment = 10 years

So, we can calculate the payback period for investment by using following formula,

Payback period for investment = Initial Investment ÷ Net cash flow

= $520,000 ÷ $78,000

= 6.67 years or 6.7 years

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