Answer:
Allocate money for all necessities
Explanation:
E16-4. On January 1.2013, when its $30 par value common stock was selling for $80 per share, Plato Corp. issued $10,000,000 of 8% convertible debentures due in 20 years. The conversion option allowed the holder of each $1000 bond to convert the bond into five shares of the coporation's common stock. The debentures were issued for $10,800,000. The present value of the bond payments at the time of issuance was $8,500,000, and the corporation believe the differnece between the present value and the amount paid is attributable to the conversion feature. On January 1, 2014, the corporation's $30 par value common stock was split 2 for 1, and conversion rate for the bonds was adjusted accordingly. On January 1, 2015, when the corporation's $15 par value common stock was selling for $135 per share, holders of 30% of the convertible debentures exercised their conversion options. The corporation uses a straight line method for amortizating any discounts or premiums.Instructions(a) Prepare in general journal form the entry to record the original issuance of the convertible debentures(b) Prepare in general journal form the entry to record the exercise of the conversion option, using the book value method. Show supporting computation in good form.
Answer:
A. Dr Cash Account $10,800,000
Cr To Bonds Payable $10,000,000
Cr To Premium Payable $800,000
B.Dr Bonds Payable account $3,000,000
Dr Premium on bonds payable Debited $2,700,000
Cr To Common Stock $7,500
Cr Additional paid in capital $5,692,500
Explanation:
(a) Preparation of the journal entry to record the original issuance of the convertible debentures
Dr Cash Account $10,800,000
Cr To Bonds Payable $10,000,000
Cr To Premium Payable $800,000
($10,000,000*8/100=$800,000)
(Being issue of share on convertible debenture)
b.Preparation of the journal entry to record the exercise of the conversion option, using the book value method
Dr Bonds Payable account $3,000,000
Dr Premium on bonds payable Debited $2,700,000
Cr To Common Stock $7,500
Cr Additional paid in capital$5,692,500
($3,000,000+$2,700,000-$7,500)
(Being maintain the record of outstanding conversation of debenture)
Calculation for for BONDS CONVERTED
First step is to calculate the amortization for 2013
Amortization for 2013=$10,000,000/20
Amortization for 2013=$500,000
Second step is to calculate the amortization for 2014
Amortization for 2014=$10,000,000/20
Amortization for 2014=$500,000
Third step is to Calculate the premium on bonds payable
Premium on bonds payable=$10,000,000−($500,000+$500,000)
Premium on bonds payable=$9,000,000
Now let calculate the bonds converted
Bonds converted=$9,000,000×30/100
Bonds converted=$2,700,000
Calculation for COMMON STOCK
First step is to calculate the number of bonds
Number of bonds=$10,000,000/1000
Number of bonds=10,000
Second step is to calculate Price for the bond
Price for the bond=10,000×5
Price for the bond=50,000
Third step is to Calculate for Stock Split
Stock Split=50,000/2
Stock Split=25,000
Now let calculate the common stock
Common stock=25,000×30/100
Common stock=7,500
Calculation for BONDS PAYABLE
Bonds Payable=10,000,000×30/100
Bonds Payable=3,000,000
Answer:
my own answer is 7500x30=225000
Environmental scanning is conducted only when a new business is opened. True or False?
In 2020, Ada lived with her son, Robert, and his wife, Barbara. Ada’s only source of income was a $1,500 fully taxable pension, which she spent on clothes and recreation. Robert and Barbara paid Ada’s medical and drug expenses of $600 for the year. Robert and Barbara’s total food expense for the household was $6,000. The fair rental value of the lodging provided Ada was $1,200 for the year, based on the cost of similar room facilities. What was Ada’s total support for the year for purposes of determining whether Robert and Barbara can claim Ada as a dependent?
Answer:
$5,300
Explanation:
Calculation to determine Ada’s total support for the year
Medical and drug expenses $600
Add Lodging $1,200
Add household total food expense $2,000
($6,000/3 Ada+Robert+Barbara)
Add Source of income $1,500
Total support $5,300
($600+$1,200+$2,000+$1,500)
Therefore what Ada’s total support for the year for purposes of determining whether Robert and Barbara can claim Ada as a dependent will be is $5,300
John buys a used car for $5,400 and spends $600 on new parts, made in the U.S., to fix the car. The end result of these two transactions isa. U.S. consumption purchases increase by $5,400 and U.S. GDP increases by $5,400.b. U.S. consumption purchases increase by $6,000 and U.S. GDP increases by $6,000.c. U.S. consumption purchases increase by $600 and U.S. GDP increases by $600.d. U.S. consumption purchases increase by $600 and U.S. GDP increases by $6,000.
Answer:
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
Frames assist people in making sense of communication by drawing attention to:
- A - how they should be communicating
- B - how they should expect others to communicate
- both A and B
- none of the above
Answer:
both A and B
Explanation:
Answer:
A.
Explanation:
Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
Which person BEST exemplifies an entrepreneur? Mark is known as the profit maker in the firm where he is employed Mary embraces change and innovates to meet customer demands Maurice thinks about how t make money Monty is a top level manager in a successful company
Answer:
Mary
Explanation:
An entrepreneur is a person who has a creative and innovative vision to turn an idea into a profitable business. Therefore, when analyzing the profiles of the people above, Mary is considered to have a greater entrepreneurial profile, because in addition to being a person who thinks about creating profits or making money, she has the skills to be innovative and adapt to change, with the focus on meeting customer demands.
A successful entrepreneur needs to have the ability to adapt to a constantly changing market and consumer trends to always satisfy consumers and differentiate themselves from the competition.
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Answer: This looks really interesting
Explanation:
1. what you have noticed on the posted materials in
What manner did the advertisers promote their producter?
Answer:
Explanation:
Advertising is the lure that draws new customers to your business or product. Small businesses utilize several options to advertise a product or service. ... that receive heavy traffic is one way to get the word out about your business. ... venue with a stamp that bears your company logo; the attendees will then have your logo ...
Each of the following is a reward of entrepreneurship EXCEPT:
A shorter work day
B. bringing ideas to life
C higher earnings potential
D. feeling of accomplishment
Answer:
higher earning potential.
.
.
please like
is the object speeding up?
can you finish the question please
Which of the following terms describes the type of marketing information
system that supports personal-selling activities such as prospecting and
account maintenance?
A. Inventory control
B. Database marketing
C. Marketing mix monitoring
D. Customer relationship management
Answer:
Customer relationship management
Explanation:
The terms that describe the type of marketing information system that supports personal-selling activities such as prospecting and account maintenance is Customer relationship management. Thus, option D is correct.
What is Customer relationship management?Customer relationship management (CRM) is a system that allows you to manage all of your company's relationships and interactions with current and prospective customers. The purpose is straightforward: to strengthen commercial ties. A CRM system assists businesses in staying connected to customers, streamlining procedures, and increasing profitability.
Customer relationship management is the phrase used to define the sort of marketing system that facilitates personal-selling operations like prospecting and account maintenance. As a result, option D is correct.
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Determine which of the statements below explain what an accounting system does. (Check all that apply.) Multiple select question. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions. It is a computerized information platform designed to replace formal financial statements. It collects and processes data from transactions and events. It organizes financial information into useful reports. It communicates financial information to decision makers.
Answer:
I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.
II. It collects and processes data from transactions and events.
III. It organizes financial information into useful reports.
IV. It communicates financial information to decision makers.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
The fundamental functions of an accounting system includes;
I. It helps users to be better informed, so they can evaluate the risks and returns of different business decisions.
II. It collects and processes data from transactions and events.
III. It organizes financial information into useful reports.
IV. It communicates financial information to decision makers.
A nation that has a comparative advantage in producing a good or service compared to
another nation can produce that good or service with a lower
O Efficiency
O Profit
O Resource cost
O Opportunity cost
Answer:
Opportunity cost
Explanation:
A country is said to have a comparative advantage in producing a good, if it has a lower opportunity cost of producing that good in comparison to the other country. For instance if the opportunity cost of producing Wheat in U.S is 2. While that in China is 1. It shows that China has a comparative advantage in producing wheat as compared to the U.S.
So a nation that has a comparative advantage in producing a good or service compared to the other nation can produce that good or service with a lower opportunity cost.
Efficiency, Profit and Resource cost are not directly related to comparative advantage. Although efficiency can contribute towards lower opportunity cost but it is not a scale used for international trade.
Thus, lower opportunity cost is the best alternative.
1. An expenditure for which the government receives no good, service, or resource in return.: An expenditure for which the government receives no good, service, or resource in return. 2. A privately owned organization that produces goods and services and sells them to others.: A privately owned organization that produces goods and services and sells them to others. 3. A good or service that can be consumed by many people at once and that other people can't be prevented from using.: A good or service that can be consumed by many people at once and that other people can't be prevented from using. 4. A legal claim of ownership.: A legal claim of ownership. 5. A market in which resources are exchanged for money.: A market in which resources are exchanged for money. 6. Consists of an individual or a group of people who live together and share income, such as you and your family.: Consists of an individual or a group of people who live together and share income, such as you and your family. 7. Models the interactions between key players in the economy.: Models the interactions between key players in the economy. 8. A market in which goods and services are exchanged for money.: A market in which goods and services are exchanged for money. 9. A rule of conduct passed by federal, state, or local governments.: A rule of conduct passed by federal, state, or local governments. 10. A payment for the use of a resource.: A payment for the use of a resource.
Answer:
1)Transfer payment
2)Firm
3)Public good
4)Property right
5)Factor market
6)Household
7)Circular flow diagram
8)Product market
9)Regulation
10) factor payment
Explanation:
1)An expenditure for which the government receives no good, service, or resource in return.:
(Transfer payment)
. 2. A privately owned organization that produces goods and services and sells them to others.:
( Firm)
3. A good or service that can be consumed by many people at once and that other people can't be prevented from using.:
( public goods)
4. A legal claim of owners
hip.: A legal claim of ownership
(Property right)
5. A market in which resources are exchanged for money.
(Factor market)
6. Consists of an individual or a group of people who live together and share income, such as you and your family.
(Household)
7. Models the interactions between key players in the economy.:
(Circular flow diagram)
. 8. A market in which goods and services are exchanged for money.:
(Product market)
9. A rule of conduct passed by federal, state, or local governments.:
(Regulation)
10. A payment for the use of a resource.:
( Factor payment)
At any given time, the group of people age 16 years and older who are willing and able to work is known as
the
A discouraged workers
B. unemployed
C. population
D labor force
Answer:
d. labor force
Explanation:
thanks to the lad in the comments
Answer:
labor force
Explanation:
Match the following.
1 .
probate
a person who has died
2 .
intestacy
directs medical personnel to withhold or withdraw “heroic measures” or life-support
3 .
beneficiaries
a document that states the decedents wishes for the distribution of his/her assets
4 .
decedent
a document that gives legal rights to a designated person to handle your financial affairs and make and manage your health care decisions in the event that you can no longer do so
5 .
will
formal permission from a constituted authority to do a specific thing
6 .
living will
a contract renting land, property to another for a specified period of time and payment
7 .
durable power of attorney
persons designated as the recipients of funds or other property under a will, trust, insurance policy, etc.
8 .
lease
the state of having not made a will at death
9 .
license
an instrument for measuring distances traveled by an automobile
10 .
odometer
the official proving of a will as authentic or valid in a court
Answer:
Explanation:
1. Decedent: a person who has died
2. Living will: directs medical personnel to withhold or withdraw “heroic measures” or life-support.
3. Will: a document that states the decedents wishes for the distribution of his/her assets
4. Durable power of attorney: a document that gives legal rights to a designated person to handle your financial affairs and make and manage your health care decisions in the event that you can no longer do so.
5. License: formal permission from a constituted authority to do a specific thing.
6. Lease: a contract renting land, property to another for a specified period of time and payment
7. Beneficiaries: persons designated as the recipients of funds or other property under a will, trust, insurance policy, etc.
8. Instetacy: the state of having not made a will at death
9. Odometer: an instrument for measuring distances traveled by an automobile
10. Probate: the official proving of a will as authentic or valid in a court
Which of the following marketing jobs is most likely to require strong
analysis, organization, and communication skills?
A. Sales representative
B. Public relations specialist
C. Marketing research analythm
D. Social media manager
Answer: C: Marketing research analythm
Explanation: Market research analysts gather and analyze data on consumers and competitors.
The following marketing jobs that are most likely to require strong analysis, organization, and communication skills is Marketing research analythm. The correct option is c.
What is a marketing research analyst?Marketing research analysts gather and analyze data on consumers and competitors. Market research analysts study consumer preferences, business conditions, and other factors to assess potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.
Market research analysts sometimes called market researchers help companies develop or maintain a competitive edge by finding and delivering data-backed insights into potential markets, competitors, and even customer behavior. They’re an integral part of a company’s overall marketing strategy and in-demand across multiple industries.
Market research analysts pore over trending keywords, survey responses, social media mentions, and other data to find answers. In essence, they transform information into actionable insights that will help companies develop everything from competitive product launches to effective marketing campaigns.
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(a) What kinds of financial assets are traded in capital markets? (b) How are these different from the financial assets traded in money markets?
Answer: See explanation
Explanation:
Capital market is a market where securities are being sold such as stocks, bonds etc. The financial assets traded in capital markets are usually bonds, and stocks.
On the other hand, money market refers to the market where short term debt investments are traded. The financial assets traded include promissory notes, treasury bills, commercial papers, certificates of deposit, etc.
Considering the financial analysis, the kinds of financial assets traded in capital markets include bonds and stocks.
The stocks are known to be a form of shares in the ownership of a business or company.
On the other hand, bonds are the debt that the issuing entity pledges to repay at an agreed date.
The capital market is different from the financial assets traded in money markets because the Capital market is riskier and of long term assets. In contrast, money markets are less riskier, and they are short-term assets.
Financial assets that are traded in the money market include the following:
Treasury bills, Certificates of deposit,Commercial paper, Federal funds, Bills of exchange, etc.Hence, in this case, it is concluded that the capital market is different from financial assets in many ways.
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Myra took a 20-year loan for $80,000 at an APR of 11.5% compounded monthly approximately what would be the total cost of her loan if you paid it off 13 years early
just dropped a file plus can you Brainliest me ?
Answer: 140,581.40
For me at least^
Explanation: Good Luck! :)
Who calls you are creepy person when you just ask or their names?! Tell me what you would do if your "friend" did that to you?
i would say what are you talking about
Answer:
If someone accuses you of something you're not, chances are they're what they're accusing you of.
Explanation:
i'd probably laugh and not care
You have established a new business in your neighbourhood
Explain how you would use power relationships to benefit your business
Answer:As a small-business owner, one of the most effective ways for you to compete ... Then plot them on a zip code map (easily found in most phone books). ... Understanding the importance of your marketing area will also help you ...
Stansbury Company determined its December 31, 2015 inventory to be $1,000,000 based on a physical count priced at cost. Additional information for the company is as follows: Merchandise costing $90,000 was shipped FOB shipping point from a vendor on December 30, 2015. This merchandise was received and recorded on January 5, 2016. Goods costing $120,000 were staged on the shipping dock and excluded from inventory although shipment was not made until January 4, 2016. The goods were billed to the customer FOB shipping point on December 30, 2015. What is Stansbury's ending inventory for its December 31, 2015 balance sheet
Answer:
$1,210,000
Explanation:
Calculation to determine Stansbury's ending inventory for its December 31, 2015 balance sheet
December 31, 2015 inventory to be $1,000,000
Add Merchandise costing $90,000
Add Goods costing $120,000
Ending Inventory $1,210,000
($1,000,000+$90,000+$120,000)
Therefore Stansbury's ending inventory for its December 31, 2015 balance sheet will be $1,210,000
I want to become either a rapper or an artist in arts. how do i follow my dream.
Answer:
tottally do it
Explanation:
Answer:
practice practice practice
Explanation:
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Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the second following month. On December 31, the accounts receivable balance includes $21,000 from November sales and $51,000 from December sales. Assume that total sales for January are budgeted to be $59,000. What are the expected cash receipts for January from the current and past sales?
Answer:
$57,100
Explanation:
The technique for this question to follow closely the payment cycle
Calculation of January Cash Receipts
Cash Sales ($59,000 x 10%) $5,900
Credit Sales in January ($59,000 x 40%) $23,600
Credit Sales in December ($51,000 x 50%) $25,500
Credit Sales in December ($21,000 x 10%) $2,100
Total $57,100
Conclusion
the expected cash receipts for January from the current and past sales is $57,100
Consumers benefit from a free ride when they receive goods or services
A. at a reduced rate
B. without paying for them
C. instead of a government loan
D. in exchange for community service
Answer:
I think the answer is B
Explanation:
easy career question for you
Answer b
hope this helps
Someone help me find 2161965 please.
Sticking to a list will help you save money.
True
False
How much is the peso mark-up if the selling price is P15 and the purchase cost is P10.00?
Answer:
Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.
Explanation: