on january 1, year 1, pierce corporation issued $25,000 in 8%, 5-year bonds payable at 102. interest payments are due each december 31. pierce uses the straight-line method of amortization. which of the following shows the effect of the interest payment and amortization on december 31, year 1?
Answers
On December 31, Year 1, the effect of the interest payment and amortization for Pierce Corporation is an interest expense of $1,900.
On December 31, Year 1, the effect of the interest payment and amortization for Pierce Corporation's $25,000 in 8%, 5-year bonds payable at 102 is as follows:
1. Interest Payment: The annual interest expense is calculated by multiplying the face value of the bonds by the interest rate.
$25,000 x 8% = $2,000
2. Amortization of Bond Premium: The bond premium is the difference between the issuance price (102% of face value) and the face value of the bonds.
$25,000 x 2% = $500
Since Pierce Corporation uses the straight-line method of amortization, the annual amortization of the bond premium is the total premium divided by the bond term (5 years).
$500 ÷ 5 years = $100 per year
3. Adjusted Interest Expense: The adjusted interest expense is the interest payment minus the annual amortization of the bond premium.
$2,000 - $100 = $1,900
Thus, on December 31, Year 1, the effect of the interest payment and amortization for Pierce Corporation is an interest expense of $1,900.
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Related Questions
A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The customer has an elderly widowed aunt who has died, and he estate attorney has contacted him, notifying him that he has been left $100,000 as an inheritance
Answers
Answer:
Money market instruments is the best place for the investment.
Explanation:
Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.
When governments allow one highly regulated business to control an
essential service, such as water treatment, they create:
A. a public oligopoly.
B. a natural monopoly.
C. restricted competition.
D. monopolistic competition.
Answers
The type of Monopoly that occurred when a regulated business is been given control on essential service is B: natural monopoly.
A natural monopoly can be regarded as a kind of monopoly that occurr, as a result of a single firm serving market at lower cost that is even lower than that of combination of two or more firms.It do occur when government give that control to a firm on essential service such as water treatment.
Therefore, option B is correct.
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Answer:
B. a natural monopoly.
Explanation:
At her job of grooming horses, Polly Yaskovich worked 8 hours a day on Monday and Tuesday earning $67 each day. On Wednesday, she earned $82. On Thursday, she earned $78. How much must Polly earn on Friday, to have average earnings of $75 a day?
Answers
Answer:
Your answer is that she needs to earn $148 on Friday
Explanation:
Calculate Average:
(67 + 82 + 78) / 4 = 56.75 (Remember 67 is worth Monday and Tuesday)
We know that the number that the 4 numbers add up to has to be divisible by 5 because our we need to average 75 and we have 5 days to average on.
5 x 75 = 375
67 + 82 + 78 = 227
375 - 227 = 148
(67+82+78+148) / 5 = 75
Your answer is that she needs to earn $148 on Friday
how do lenders evaluate if a borrower or cosigner will pay them back?
Answers
Answer:
Si el co-prestatario es tu cónyuge, el prestamista suma tus ingresos y los del co-signatario para cumplir con los requisitos de ingresos. Sin embargo, el historial crediticio, la estabilidad en el trabajo y residencia generalmente se examinan individualmente para determinar la aprobación del préstamo para el automóvil.
Explanation:
Typically, banks look for a debt-to-income ratio of less than 36% as an indicator that a borrower is responsible for credit.
The percentage of a consumer's gross monthly income that is used to pay off loans is known as the debt-to-income ratio in the consumer mortgage sector. There are two main categories of DTI, which are covered here.
Your debt-to-income ratio (DTI) compares your monthly loan payments to your monthly income. It refers specifically to the portion of your gross monthly income (pre-tax) that is used to pay off debts like rent, a mortgage, credit cards, and other obligations.
Debt-to-income ratio is calculated by dividing monthly debt payments by monthly gross income.
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What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answers
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answers
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
Which option identifies the marketing strategy demonstrated in the following scenario?
Department stores often have their own credit cards and mailings sent to card holders that offer incentives such as
percent discounts and early hour shopping days.
O product packaging
customer loyalty
O advertising
word-of-mouth
Answers
Answer: customer loyalty
Explanation:
A span of control is a diagram that shows the structure of an organization.
O a. True
O b.False
Answers
Answer:
False
Explanation:
hierarchy shows the structure of an organization
In human resource management span of control are the management procedure of the business and its components like several working people, projects, deals, organizations etc.
The span of control does not represent the structural organization and hence the statement is:
Option B. False
The structural organization is a blueprint of how a certain task or activity will be performed to achieve the targeted goal.It depicts the flow of information within the company and between the different posts and levels.The span of control is a depiction of how single or multiple organizers and leaders supervise subordinates.Therefore, the given statement is false.
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When given one variable value, the value of other variables can be easily estimated. This applies to which type of graph? a. Line c. Scale b. Bar d. Both A and B Please select the best answer from the choices provided A B C D
Answers
Answer: A. Line!
Explanation: On Edge!!
how does inflation and deflation affect economic growth
Answers
Answer:
Inflation affects growth by changing the labor supply and demand, and thus reducing aggregate employment in the sector that is subject to increasing returns. The reduction in the level of employment will reduce the marginal productivity of capital.
If deflation is exacerbated, it can throw an economy into a deflationary spiral. This happens when price decreases lead to lower production levels, which, in turn, leads to lower wages, which leads to lower demand by businesses and consumers, which lead to further decreases in prices.
Expenses that need to be paid before a new business can open are called
O operating expenses
O start-up costs
O ending Inventory
Po beginning inventory
Answers
Answer:
O start-up costs
Explanation:
Start-up costs are the expenses incurred in setting up a business. They include registration fee, legal fee, office rent, inventory, cost of hiring workers, office furniture expenses, and related logistics costs. Start-up costs are also called start-up capital.
Start-up costs are incurred by the business owner. In most cases, start-up costs come from the owner's savings but could also be borrowed funds.
The most common form of competition is ________blank, in which many firms compete for customers in a given market but with differentiated products.
Answers
The most common form of competition is monopolistic competition blank, in which many firms compete for customers in a given market but with differentiated products.
Monopolistic Competition Market
Monopolistic Competition is a competition with other manufacturers who have similar products, but there are differences between each of them.
This difference is the hallmark of the productsproducts sold by each manufacturer.
The activity of producing these goods is known as product differentiation or product differentiation. Because the products produced are almost similar, each producer will compete in terms of quality, price, and how to market their products.
Monopolistic Competition Market Characteristics
The characteristics of a monopolistically competitive market are as follows:
1. Has a very large number of producers
As in a perfectly competitive market, a monopolistic market has a large number of producers. Due to the large number of producers, each producer has a relatively small market share.
2. There is Product Differentiation
Product differentiation is when a manufacturer produces a product that is slightly different, but similar to the products of its competitors.
In a monopolistically competitive market, when the price of one producer rises while the price of the product of another producer is constant, the demand for that product will fall. Because, consumers will easily find substitute products from these products.
3. Each producer competes in terms of quality, price, and how to market their products
Because products in monopolistic markets tend to be similar, producers will compete in terms of quality, price, and how to market their respective products.
Manufacturers will compete to improve the quality of their products, such as through attractive product designs and services provided to consumers.
4. Producers are free to enter the market
Just like a perfectly competitive market, monopolistic market participants are also free to enter and leave the market.
The free entry and exit of the market means that there are no barriers for new producers who want to sell their products in the market or old producers who want to leave the market.
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A manager who involves members of the team in decisions is using which management style?
A.
Authoritarian
B.
Hands-off
C.
Participative
D.
Autocratic
Answers
Answer:
c.
Explanation:
Answer:
i think its c) to
Explanation:
ASSIGNMENT, DIRECTION & REQUIREMENT/S
(Identify the ILOs to be assessed at the end of each requirement. Include the rubric or marking scheme for each item/requirement.)
Instructions:
Answer all questions.
All answers should be Type Written
Use A4 paper for your answers and workings.
Submit output on the date as advised.
e. Student should form two or three in a group.
Objectives:
Understand the importance and purpose of critical literature review to your research project.
Be able to adopt the importance perspective in your reading.
To be able to identify search terms and undertake online literature searches.
To be able to evaluate the relevance, value and sufficiency of the literature found.
Questions: Literature Review is the documentation of a comprehensive review of the published and unpublished work from secondary sources of data in the areas of specific interest to the researcher.
Choose existing literatures that you can find in the area of business which can be classified as:
Local Literatures (2)
Local Studies (2)
Foreign Studies (2)
Foreign Literatures (2)
Illustrate the theoretical Framework based on your RTP. (C3)
Answers
I apologize for any confusion, but I'm unable to assist with the specific requirements and rubrics for your assignment as they are not provided in the text.
As an AI language model, I can help answer questions, provide explanations, and offer general guidance, but I'm not equipped to create assignment rubrics or provide specific instructions. If you have any specific questions or need assistance with a particular topic, please feel free to ask, and I'll be happy to help.
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Place the steps to creating a budget in order:
Figure out your net income.
Make a list of fixed expenses
Make a list of variable expenses.
Adjust expenses as needed
Determine if you have enough income to cover all your expenses.
Answers
Answer:
1. Figure out your net income
2. Determine if you have enough income to cover all your expenses
3. make list of variable expense
4. make list of fixed expenses
5. adjust expense
done !
if imports exceed exports, as in recent years, then __________ exists.
Answers
A mismatch between foreign currency denominated net assets and net liabilities Multiple Choice can be eliminated by constructing a balance sheet hedge. can be eliminated by multiplying the foreign currency value of the asset by the spot exchange rate. can be eliminated by undertaking accounting changes to eliminate translation exposure. none of the options
Answers
Answer:
can be eliminated by constructing a balance sheet hedge.
Explanation:
The mismatch could be occurred at the time when the foreign currency and net liabilities would be removed by preparing a hedge of the balance sheet
So according to the given options, the first option is correct as it represent the mismatch situation
So the rest of the options would be considered wrong as they are not related with the mismatch criteria
In for peny, in for a pound , taking care of the rands and cents
Answers
Answer:
l don't understand the question you ask
ngu owns equipment that cost $95,900 with accumulated depreciation of $65,600. ngu asks $35,600 for the equipment but sells the equipment for $33,400. compute the amount of gain or loss on the sale.
Answers
Book value as on date of sale=($95900-$65600)=$30300.
Sale proceeds=$33400.
Hence gain on sales=($33400-$30300)=$3100(E).
In ethics and social sciences, cost denotes the diploma of the significance of something or action, with the purpose of figuring out which actions are best to do or what way is nice to stay (normative ethics in ethics), or to explain the importance of different moves. Price systems are potential and prescriptive ideals; they affect the moral behavior of someone or are the basis in their intentional sports. Frequently number one values are sturdy and secondary values are suitable for changes. What makes a motion treasured may additionally in flip depend on the moral values of the objects it will increase, decrease, or alters. An object with "ethic value" may be termed an "ethic or philosophic true" (noun experience).
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Operations management is only about being as cost-effective as possible.
O True
O False
Answers
Answer:
True
Explanation:
Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example.
Assume that banks hold no excess reserves and that all currency is deposited into the banking system. if the required reserve ratio is 25.00%, and the Federal Reserve wants to increase the money supply by $60.00 million, the Fed would need to make an open market purchase of $ _______ million. (insert your answer in millions, and round to two decimal places.)
Answers
The Fed would need to make an open market purchase of $15.00 million to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
If the required reserve ratio is 25%, then banks must hold 25% of deposits as reserves and can loan out the remaining 75%. Therefore, if the Federal Reserve wants to increase the money supply by $60 million, banks would be able to lend out $60 million / 0.75 = $80 million in total.
To calculate the required open market purchase by the Fed, we need to use the money multiplier formula:
Money Multiplier = 1 / Reserve Ratio
So, in this case, the money multiplier would be 1 / 0.25 = 4.
To increase the money supply by $60 million, the Fed would need to purchase $60 million / 4 = $15 million worth of securities in the open market.
Therefore, the Fed would need to make an open market purchase of $15.00 million (rounded to two decimal places) to increase the money supply by $60.00 million, assuming banks hold no excess reserves and all currency is deposited into the banking system.
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According to Nick Hanauer, why can plutocrats not effectively
drive the economy?
Answers
According to Nick Hanauer, plutocrats cannot effectively drive the economy.
Nick Hanauer argues that plutocrats, or extremely wealthy individuals, cannot effectively drive the economy because their wealth is largely concentrated in their hands, leading to a significant wealth gap. Hanauer believes that a strong economy depends on a thriving middle class with substantial purchasing power.
When wealth is concentrated at the top, the majority of the population has limited disposable income, which hinders economic growth. Hanauer emphasizes that the true job creators in the economy are not the wealthy few, but rather the middle class who drive consumer demand. By having more money in the hands of the middle class, there is increased spending, leading to business growth, job creation, and overall economic prosperity.
Therefore, according to Hanauer, the concentration of wealth among plutocrats does not effectively stimulate the economy, and a more equitable distribution of wealth is necessary for sustained economic growth and stability.
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Matthew earned $1,000 this pay period. He will pay $94.12 in federal taxes. He does not have to pay state income tax. Social security tax is 6.2%, which is $62. Medicare is 1.45%, which is $14.50. Calculate Matthew's net pay with all mandatory taxes included.
Answers
Social security tax: 6.2% of $1,000 = $62
Medicare tax: 1.45% of $1,000 = $14.50
Next, let's calculate the total taxes:
Total taxes = Federal taxes + Social security tax + Medicare tax
Total taxes = $94.12 + $62 + $14.50
Total taxes = $170.62
Finally, let's calculate the net pay:
Net pay = Gross pay - Total taxes
Net pay = $1,000 - $170.62
Net pay = $829.38
Therefore, Matthew's net pay, after deducting all mandatory taxes, is $829.38.
Answer: 829.38
Explanation:
Payroll deductions are the same for all employees.
Answers
Answer:
no it depends the age and how good u are at your job.
Explanation:
Which term describes a country that has relatively high ratings for per capita income, GDP, and standard of living?
Answers
An advance economies is what describes the country that has relatively high ratings for per capita income, GDP and standard of living
What is called an advance economies?This refers to the economies that have a high level of per capita income, a varied export base, and a financial sector that's integrated into the global financial system.
In other word, the advance economies is also called a developed economies and it is related to countries with relatively high levels of economic growth and security are considered to have developed economies. The common criteria for evaluation include income per capita or per capita gross domestic product.
Therefore, the Option A is correct.
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An employer's failure to act in a reasonably prudent manner, such as performing background checks on all new employees, may lead to accusations of ______________ regarding the employer's behavior. A. discrimination B. negligence C. fraud D. retaliation
Answers
An employer's failure to act in a reasonably prudent manner, such as performing background checks on all new employees, may lead to accusations of negligence regarding the employer's behavior.
Negligence is a failure to take reasonable care to prevent harm or injury to others. In the case of employers, they have a duty of care to their employees and customers to create a safe and secure workplace.
By failing to perform background checks on new employees, the employer may be putting their employees and customers at risk of harm. If an incident were to occur due to the employer's negligence, they could be held liable for damages.
Therefore, it is important for employers to take reasonable precautions such as performing background checks to prevent potential harm.
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easy career question
Answers
Answer:
High school. Well at least my high school does.
Explanation:
Answer:
A.
Explanation:
yes
in the study where people we paid either $1 or $20 to lie and say a boring study was actually fun, which group was the most enthusiastic about the lie?
Answers
This finding is related to cognitive dissonance. Where people were paid either $1 or $20 to lie and say a boring study was actually fun, the group that was the most enthusiastic about the lie was the one paid $1.
The participants who were paid $1 experienced a greater level of cognitive dissonance because the external reward was relatively low compared to the effort of lying.
On the other hand, the group that paid $20 experienced less cognitive dissonance because the external reward was substantial. They may have attributed their positive attitude towards the study more to the external incentive than to genuinely finding it enjoyable.
This finding highlights how cognitive dissonance and the perceived value of rewards can influence individuals' enthusiastic attitudes and behaviours.
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The law of supply states that
A- At higher prices, firms produce less
B- At higher prices, consumers buy less
C- At higher prices, consumers buy more
D- At higher prices, firms produce more
Answers
Answer:
the higher the prices, firms produce less
.Your student loan payments are considered manageable if they consume less than ___% of your income.
A) 10
B) 12
C) 20
Answers
According to financial experts, your student loan payments should ideally consume less than 10-15% of your income. This means that if you earn $50,000 per year, your monthly student loan payments should not exceed $520.
If your loan payments exceed this percentage, it may be difficult to make ends meet and you may struggle to pay for other expenses such as rent, utilities, and groceries.
If your loan payments are consuming too much of your income, there are several options you can consider. You may be eligible for an income-driven repayment plan, which bases your monthly payment on your income and family size. You can also explore refinancing or consolidation options to lower your interest rates and potentially reduce your monthly payments.
It's important to remember that managing your student loans is a long-term process and requires careful budgeting and planning. By keeping your payments manageable and exploring your options, you can avoid defaulting on your loans and protect your credit score.
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