The journal entry to record the transaction is: Debit Cash $259,960; Debit Discount on bonds payable $8,040;Credit Bonds payable $268,000.
Sales of bondsSplish Brothers Inc journal entry
March 1,2022
Debit Cash $259,960
($268,000 × 97%)
Debit Discount on bonds payable $8,040
($268,000 × 3%)
Credit Bonds payable $268,000
(To record sales of bonds)
Inconclusion the entry is: Debit Cash $259,960; Debit Discount on bonds payable $8,040;Credit Bonds payable $268,000.
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When open market operations are used to ____ bank funds, the yield on debt instruments ____. a. increase; increases b. reduce; decreases
Answer:
I believe the answer is reduce;increases.
Explanation:
It reduces the funds for the person and increases the yeild on deibt.
-Hope This Helps!
-Justin:)
How many months' worth of expenses do you think your financial reserve should include? Describe at least two reasons for this decision.
Answer:
Describe at least two reasons for this decision. I think my financial reserve should include at least twelve months’ worth of expenses. One reason for this decision is that I may never know how much money that I might need if something is unexpected or goes wrong.
Explanation:
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Your business paid $10.000 for a one year retainer to a law firm. How much should be expensed via worksheet adjustments each month?
1. $1,000
2. $833.33
3. $10,000
4. It shouldn’t be adjusted
If the real exchange rate for the dollar is above the equilibrium level, the quantity of dollars supplied in the market for foreign-currency exchange is:.
The quantity of dollars supplied in the market for foreign-currency exchange is: less than the quantity demanded and the dollar will appreciate.
What is equilibrium level?Equilibruim level can be defined as the level at which supply equal demand.
In a situation where equilibrium level is a above the real exchange rate this means that dollar will appreciate in the foreign exchange market as the amount of dollars will be lower that the quantity demanded.
Therefore the quantity of dollars supplied is less than the quantity demanded and the dollar will appreciate.
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Liabilities: Multiple Choice Represent obligations that must be satisfied with cash. Are recorded in the Profit and Loss Statement. Are amounts a company owes to others. Are usually recorded in the equity section of the balance sheet if it is long term.
Liabilities are C. The amounts a company owes to others such as debt and taxes owed.
What is a liability?It should be noted that a liability simply means the future sacrifice of economic benefits that an entity is obliged to make.
In this case, it simply means what an individual or company owes others. It's different from an asset.
A liability is something a person or company owes, which is usually a sum of money and are settled over time through the transfer of economic benefits such money, goods, or services. Examples of liabilities include debt and taxes owed.
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A de jure corporation is one that is formed to accomplish a single purpose within a limited time. True False
It is false that a de jure corporation is one that is formed to accomplish a single purpose within a limited time.
To find out why a de jure corporation is not limited to a single purpose, we need to know more.
What is de jure corporation?It is when a coporation has fulfiled the required mandate within the ambit of the law to become a corporation.For a certified de jur coporation, they can issue stocks and also carry out daily activities.Hence, we can conclude that a de jure corporation is not one that is formed to accomplish a single purpose within a limited time.
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Barbara has $70.00 in her pocket and a $20 gift card. Which purchase will she be able to make without having to use her credit card?
A a portable radio for $65.95 and speakers for $29.99
B five books for $18.95 each
C headphones for $25.99 and eight CDs for 8.99 each
D six puzzles for $11.99 each and a board game for $15.89
edeg 2022
The answer is: six puzzles for $11.99 each and a board game for $15.89
The amount of money that Barbara has: $ 70.00
The amount of Gift Card that barbara has: $ 20.00
This mean that maximum amount of product that Barbara could purchase: $ 70 + $ 20 = $ 90
From the option above the only purchase that is not surpassing $ 90 is six puzzles for $11.99 each and a board game for $15.89
6 x $ 11. 99 = $ 71.94
1 x $ 15.89 = $. 15.89
Total purchase = $ 87.83
The North American Free Trade Agreement (NAFTA) was created by: A. Third world countries B. Core nation countries C. Middle-income countries D. Asian and American countries
The North American Free Trade Agreement (NAFTA) was created by the Core nation countries.
What is the aim of NAFTA?The trade agreement was created to reduce all form of tariffs on imports and exports between the U.S., Mexico, and Canada
The main goal of the trade agreement was to encourage free trade among themselves.
Therefore, the Option B is correct.
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Roberta, a customer service manager, tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 1 percent through additional training for her staff. She is engaged in
Assuming he is trying over the past six months to reduce complaints to less than 1 percent. She is engaged in controlling.
What is controlling?Controlling can be deifned as the process of managing and supervising a person performance so as to ensure that the set goals are achieved.
Based on the given scenario Roberta is using control method to reduce the complaint she is receiving by trainning her staff and to ensure that the company goals and objectives are achieved.
Therefore she is engaged in controlling.
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If a property appreciated 2% in the past year, how much would the property be worth today if it was valued at $220,000 a year ago
The value of the property today after it has appreciated in value is $224,400.
What is the value of the property today?
When a property appreciates in value, it means that it becomes more valuable to own the property. The property becomes more expensive when it appreciates.
Value of the property = (1 + appreciation) x initial alue
1.02 x $220,000 = $224,400.
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define organic farming?
any 4 advantage of terrace farming?
Explanation:
Terrace farming ensures food security and increases crop yield by water and soil conservation. Thus it reduces soil erosion. In terrace farming, the interaction between water and fertilizer increase
Organic farming is agriculture that makes healthy food, healthy soils, healthy plants, and healthy environments a priority, along with crop productivity
AnswerAdvantages of terrace farming...
Helps to reduce soil erosion for farming .
It's helpful for tea plantation much because its used specifialy in hilly area
Explanation:
Lisa works for an advertising agency and has presented her client with ideas for new commercials. After the presentation Lisa asks for ________ to determine if the clients correctly understood her message.
In order to find out if her clients understood her message, Lars must have asked for feedback.
What is the point of feedback?Feedback is based on the knowledge that a person acquires during a presentation or lesson.
When the presenter asks for feedback, the only way that the listeners can give them this information is if they were listening to the presentation which serves as evidence that they understood.
This is was Lars was going for so this is feedback.
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The fact that a particular advertisement might not cause a consumer to make an immediate purchase is referred to as:.
If there is a scenario where an advertisement will not cause a consumer to immediately purchase the good, this is the lagged effect.
What is the lagged effect?As the term suggests, it refers to an effect of advertising that is not immediately noticed on the consumer.
This means that the consumer might not immediately make a purchase after they see an advertisement, but they will still make a purchase at a later date thanks to that advert they saw remaining in their minds.
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Which financial statement tells you the value of the assets the company owns and the liabilities a company owes?.
Answer:
Balance Sheet
Explanation:
The balance sheet is a financial statement that shows a companies assets, liabilities, and shareholder equity.
In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, we know that the markup of price over cost will Group of answer choices increase. decrease. stay the same. unknown for lack of other information.
If the number of firms in a Cournot oligopoly decreases because firms exit the market, the markup over price will most likely stay the same.
What would happen to the price if firms exited a Cournot oligopoly?If firms exited the Cournot oligopoly, and the number of firms decreased, the remaining firms will increase their production levels to get to the previous levels.
This will mean that the price in the market will not change because the quantity supplied will remain the same.
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Sayre enterprises has a defined-benefit pension plan covering its 50 employees. in 2020, an amendment to the pension benefits caused an increase of $2,400,000 to the projected benefit obligation. sayre expects 20% of their employees to retire or quit at the end of each of the next 5 years. assuming that sayre uses the years-of-service method of amortization for prior service cost, what amount should they report as amortization of prior service cost in year one of the amendment?
Assuming the employee quit at the end of each of the next 5 years. The amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
Amortization of prior service costFirst step is to calculate the number of employee for 5 years
Employee=50 + 40 + 30 + 20 + 10
Employee= 150
Now let calculate Amortization of prior service cost
Amortization of prior service cost=($2,400,000 ÷ 150 employee)×50 Employee
Amortization of prior service cost=$16,000×50 employee
Amortization of prior service cost=$800,000
Inconclusion the amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
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True or false: keynes' law best applies to short time horizons that see fluctuations in total demand.
It is a true statement that the Keynes law best applies to short time horizons which see fluctuations in total demand.
What is the Keynes law?The Keynesian economic model is developed to adovate an increased government expenditures (spending) and lowering of taxes for stimulation of demand for getting an economy out of the depression.
The law of Keynesian model states that demand creates its own supply and any changes in aggregate demand will cause changes in real GDP and employment.
In conclusion, the statement that Keynes law best applies to short time horizons which see fluctuations in total demand is true.
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How did the goal described in this excerpt most affect the u. S. Economy?.
The described goal that most affect the economy according to the excerpt is when Federal Reserve raised interest rates to control inflation.
What was described in the excerpt?The excerpt quoted George Bush speech about the Iraqis and how their relationship with Saddem Hussein will most affect them and their economy.
However, the goal that most affect the economy according to the excerpt is if Federal Reserve raised interest rates to control inflation.
Therefore, the Option A is correct.
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Which type of credit involves a set limit based on what a consumer pays up front?
Loans
Installment credit
Secured credit cards
Unsecured credit cards
Answer:
Secured credit cards
Explanation:explanation: Secured credit cards refer to credit cards that offer credit secured by a cash deposit from the cardholder. The deposit secures the card issuer from loss in case the cardholder is unable to cover the debt.
Answer:
Secured credit cards
Explanation:
Because there is no provision for long-term care in the United States, ________ has become the de facto program financing nursing home residents when they have exhausted their savings. Group of answer choices Social Security Medicare Medicaid the Affordable Care Act
Medicaid has become the de facto program financing nursing home residents when they have exhausted their savings.
What is medicaid?Medicaid can be defined as an health insurance coverage that help to cover the medical expenses of those people that earn low income or people that cannot afford medical care.
For a person to be quailfied or for a person to be a beneficiary of Medicaid such individual must be resident of the state under which they receive medicaid.
Therefore Medicaid has become the de facto program financing nursing home residents when they have exhausted their savings.
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The phenomena that the variability in order quantities tend to increase as you proceed upstream in the supply chain is referred to as the:.
Answer:
Bullwhip effect
Explanation:
What were the economic consequences of apartheid in south africa? check all that apply. black citizens had a very low standard of living. wages remained low for most white citizens. black citizens could not own private property. the economy had a stagnant growth rate. the government had a low level of debt.
The economic consequences of apartheid in South Africa were like that the black citizens had a very low standard of living, Black citizens could not own private property. The economy had a stagnant growth rate.
Option A, C, and D are correct.
What was the consequence on the South Africa's economy ?In South Africa, black people were oppressed primarily because of their skin color.
Owning a landed property, getting a good education, and landing excellent jobs were all challenging for black South Africans.
The government, on the other hand, worked hard to improve the economic situation of impoverished whites at the period.
The apartheid economy, according to Terence Moll's analysis, “failed.”
His research shows that apartheid in South Africa caused and perpetuated poverty for the majority of the country's history.
Therefore, option A, C, and D are correct.
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The economic consequences of apartheid in South Africa were significant and had a profound impact on various aspects of society. Some of the consequences include: 1. Black citizens had a very low standard of living, 2. Wages remained low for most white citizens, 3. Black citizens could not own private property, 4. The economy had a stagnant growth rate
1. Black citizens had a very low standard of living: Under apartheid, the black population was subjected to discriminatory policies that limited their access to education, healthcare, and employment opportunities. This resulted in a significant wealth and income gap between black and white citizens, with black citizens generally experiencing lower living standards.
2. Wages remained low for most white citizens: While wages for white citizens were generally higher than those for black citizens, it is important to note that the majority of white citizens did not experience substantial economic improvements either. The apartheid regime aimed to maintain a system that benefited a small white elite, while the majority of white citizens also faced economic challenges.
3. Black citizens could not own private property: Apartheid policies restricted black citizens from owning land or property in certain areas designated for white citizens. This led to limited economic opportunities for black citizens, as property ownership is often an important avenue for wealth creation and economic advancement.
4. The economy had a stagnant growth rate: The discriminatory policies of apartheid, including the segregation of resources and the denial of opportunities to the majority of the population, contributed to a stagnant growth rate in the South African economy. The exclusion of black citizens from the formal economy and limited investment in infrastructure and industries hindered economic progress and development.
It is important to note that the consequences of apartheid extended beyond these four points, impacting various aspects of society, including education, healthcare, and social mobility. The legacy of apartheid continues to shape South Africa's economic landscape today, as efforts are made to address past injustices and promote inclusive growth.
Therefore the correct option is 1. Black citizens had a very low standard of living, 2. Wages remained low for most white citizens, 3. Black citizens could not own private property, 4. The economy had a stagnant growth rate
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Stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called ________- stock.
Stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called preferred stock.
What is preferred stock?Preferred stock is a type of stock that offers different rights to shareholders than common stock. Preferred stock holders receive regular dividends.
The above means that preferred stockholders in a corporation have a priority claim on the company's assets in terms of distribution during liquidation.
Hence, stock that typically includes preference for receiving dividends and for distribution of corporate assets during a liquidation is called preferred stock.
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Select the correct answer.
In a job Interview, what would be the most appropriate way to respond to the question, "How would you avoid a major crisis at work?
A. Explain that you believe you'll never face a crisis at work.
В. Talk about how you solved a similar work problem in the past.
C. State that you can handle any type of crisis that might arise at work.
D. Suggest that you would delegate the responsibility to someone else.
Answer: B
Explanation:
It shows that ur responsible enough to handle a crisis and that u have experince
Hi!
1) What is contrct of partnership deed ?
Answer:
Partnership Deed
Explanation:
A Partnership Agreement is a contract between two or more business partners. The partners use the agreement to outline their rights responsibilities, and profit and loss distribution. The agreement also sets the general partnership rules, like withdrawals, capital contributions, and financial reporting.
Bob, a bartender who saw duty in Vietnam, refuses to serve Asians in his bar because he believes that Asians have no business living in the U.S.A. Bob's actions describe
Nike works to ensure that all of its print and media advertisements are consistent with what the company is advertising in regard to footwear, clothing, and accessories. Nike is utilizing _______ to ensure this.
If Nike works to ensure that all of its media advertisements are consistent. Nike is utilizing integrated marketing communication (IMC) to ensure this.
What integrated marketing communication (IMC)?Integrated marketing communication (IMC) can be defined as the process in which a company or an orgainzation tend to ensure that their brand advertisement is consistent and unify with what they produced.
Integrated marketing communication is important as it is a form of brand promotion and sales promotion.
Therefore Nike is utilizing integrated marketing communication (IMC) to ensure this.
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Promotion permits are available and required for in-store demonstrations and promotions such as offering wine and beer samples. true false
In order to be able to have in-store demonstrations and promotions that offer wine and beer samples, a promotion permit is needed so this is True.
What are promotion permits?Some states such as Texas issue promotional permits to companies and individuals who wish to have in-store demonstrations that include alcoholic beverages.
The purpose of this is to ensure that the entities demonstrating, take appropriate care to ensure that minors don't take the alcohol.
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A liability for cash dividends is recorded: Multiple Choice When cumulative preferred stock is sold. On the date of declaration. On the date of record. On the date of payment. For dividends in arrears on cumulative preferred stock.
A liability for cash dividends is recorded either on the:
date of declarationdate of recorddate of payment. Where are liability for cash dividends recorded?When the dividend is declared, the company will records a liability to shareholders in the dividends payable account.
Hence, these liability are recorded on the financial records and reported on the corporation's balance sheet.
Therefore, the Option B, C and D is correct.
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Select the correct answer. which would you need in the event of professional mishaps? a. insurance b. trusts c. power of attorney d. will
In the case of one having a professional mishap, the most likely thing they need is a. Insurance.
What is the purpose of insurance?
Insurance is needed for cases where there is a professional mishap such as a fire or injury.
Insurance would ensure that the effects of that professional mishap, will be limited.
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