In the United States, which form of city government (e.g. strong/mayor, council/manager or other) seems best for public accountability? Why is this? Explain.
Answers
The council-manager form of government seems best for public accountability in the United States because of its structure that separates political and managerial functions.The council-manager form of government seems best for public accountability in the United States because it separates the political and managerial functions in the government. The council-manager form of government is also known as the city-manager form of government and is used in cities across the United States.
According to this form of government, the council is responsible for policy-making while the city manager is responsible for implementing these policies. The manager is hired by the council based on their qualifications and experience. The council sets goals and objectives, makes policies, and adopts a budget, while the manager is responsible for implementing policies and administering daily affairs.This form of government allows for accountability as the city manager can be held accountable for the implementation of policies and daily affairs. The city manager is held accountable to the council, which is in turn accountable to the public. This means that the city manager must report to the council on a regular basis and is subject to performance evaluations.The council-manager form of government also allows for professional management, which can lead to better decision-making, greater efficiency, and increased innovation. The city manager is a trained professional who is experienced in managing public affairs, which means that they can provide guidance and support to the council.The council-manager form of government has become popular in the United States because of its ability to provide professional management and public accountability. This form of government is also flexible and can be adapted to fit the needs of individual cities.
To know more about council-manager visit:
https://brainly.com/question/31801313
#SPJ11
Related Questions
pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are: Expected Return Standard Deviation Stock fund (S) 15 % 32 % Bond fund (B) 9 % 23 % The correlation between the fund returns is 0.15. Suppose now that your portfolio must yield an expected return of 12% and be efficient, that is, on the best feasible CAL. a. What is the standard deviation of your portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answers
The standard deviation of the portfolio is 7.09%.
What is the proportion of stock in minimum risky portfolio?= [(0.23)² - (0.32*0.23*0.15)] / [(0.32)² + (0.23)² - (2*0.32*0.23*0.15)]
= 0.31421708452
= 31.42%
What is proportion of bond fund in minimum risky portfolio?= 1 - 0.31421708452
= 0.68578291548
= 68.58%
What is the expected return of minimum risky portfolio?= 0.3142*15% + 0.6858*9%
= 0.04713 + 0.061722
= 0.108852
What is the standard deviation of your portfolio?= ((0.6858)² * (0.23)² * (0.3142)² * (0.33)²) + ((2 * 0.6858 * 0.3142 * 0.32 * 0.23 * 0.15))^0.5
= (0.00026747972 + 0.00475776218)^0.5
= 0.0050252419^0.5
= 0.0708889406
= 7.09%
Therefore, the standard deviation of the portfolio is 7.09%.
Read more about standard deviation
brainly.com/question/12669569
#SPJ1
there is a project with the following cash flows : year cash flow 0 −$ 29,300 1 8,600 2 8,500 3 7,900 4 6,700 what is the payback period?
Answers
The payback period for this project is approximately 3.64 years.
To calculate the payback period of a project, we need to determine the amount of time it takes for the cumulative cash inflows to equal the initial investment (cash outflow). In this case, the initial investment is -$29,300, and the cash inflows for each year are $8,600, $8,500, $7,900, and $6,700 for years 1, 2, 3, and 4, respectively.
We can calculate the cumulative cash inflows for each year as follows:
Year 0: -$29,300
Year 1: -$29,300 + $8,600 = -$20,700
Year 2: -$20,700 + $8,500 = -$12,200
Year 3: -$12,200 + $7,900 = -$4,300
Year 4: -$4,300 + $6,700 = $2,400
The payback period is the time it takes for the cumulative cash inflows to equal the initial investment. In this case, the cumulative cash inflows reach -$29,300 at the end of Year 3 and turn positive in Year 4. Therefore, the payback period is 3 years plus the fraction of the fourth year required to recover the initial investment, which is:
Payback period = 3 + ($4,300 / $6,700)
Payback period = 3.64 years (rounded to two decimal places).
Learn more about investment here:
https://brainly.com/question/15105766
#SPJ11
In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answers
Answer:
15 is the answer you are looking
A household consists of a married couple, their two-year-old daughter. the couple's daughter has no income and lived with her parents all of last year. How many exemptions can the couple claim on last year's tax return if they file with the married filling jointly status
Answers
The total number of exemptions the couple can claim on their last year's tax return if they file with the married filing jointly status would be three. Option D
How many exemptions can the can the couple claim on last year's tax returnFor tax purposes, an exemption is a deduction from an individual's taxable income for themselves and their dependents. In the given scenario, the household consists of a married couple and their two-year-old daughter. The couple can claim one exemption for themselves and one exemption for their daughter, as she is their dependent and has no income.
Therefore, the total number of exemptions the couple can claim on their last year's tax return if they file with the married filing jointly status would be three (one for each spouse and one for their dependent daughter).
Learn more about tax exemptions at https://brainly.com/question/29619798
#SPJ1
Which of the following team members would not be involved in the design of gameplay?
Answers
your money grows faster as the compounding period becomes longer. question 2 options:
a. true
b. false
Answers
The statement is True. Your money grows faster as the compounding period becomes longer.
When it comes to compounding, the frequency at which interest is compounded plays a significant role in the growth of your money over time. Compounding refers to the process of earning interest on both the initial amount of money and the accumulated interest from previous periods.
If the compounding period is shorter, such as monthly or daily compounding, your money has more frequent opportunities to earn interest. This leads to faster growth because the interest earned in each compounding period is added to the principal, increasing the base for future interest calculations.
On the other hand, if the compounding period is longer, such as annual compounding, your money has fewer compounding periods throughout the year. As a result, the growth may be slower compared to more frequent compounding periods.
In essence, the more frequently interest is compounded, the more opportunities your money has to grow and generate additional interest. Therefore, with longer compounding periods, your money has the potential to grow faster over time.
Learn more about compounding period here: https://brainly.com/question/8272807
#SPJ11
Isaiah and Ugochi are seeking strategic partners in Asia and Europe for their start-up pizza delivery mobile app and have come to you for advice. You explain to them that the major pitfalls associated with pursuing strategic alliances with foreign partners are
deciding whether or not to pursue a multidomestic strategy instead of a global strategy.
overcoming tariffs and side-stepping trade barriers.
getting alliance partners on board with a "wait-and-see" perspective and delaying changes in mobile app technology.
agreeing to disagree about how to overcome the challenges of market entry, "glocalization," and local staffing.
dealing with diverse operating practices, conflicting objectives, differing ethical standards, and strategies with respect to mobile app-based businesses.
Answers
You explain to them that the major pitfalls associated with pursuing strategic alliances with foreign partners are deciding whether or not to pursue a multidomestic strategy instead of a global strategy.
What value do strategic alliances and partnerships have?By strategic partnerships, you can pick up additional powers and the essential skills from your strategic partners. A strategic alliance may increase your capacity for production, offer a distribution network, or lengthen your supply chain. Strategic Partners could offer products or services that enhance your own.
What are the main goals of these coalitions?Strategic partnerships are created in order to expand a company's market share, compete with rival businesses, pool resources for expensive capital projects, create economies of scale, or get access to complementary resources.
To Know more about partnerships
https://brainly.com/question/19988417
#SPJ1
the benefit of using an operational definition is that it
Answers
Operational definition is a clearly defined measurement of a variable and is necessary in research to provide a common understanding of the variables. An operational definition is the means by which a researcher describes how a concept is measured, observed, or manipulated within a particular study.The benefit of using an operational definition is that it enables a common understanding of the meaning of a variable in a study. It serves as a communication tool to ensure that the study team, participants, and other stakeholders have the same understanding of the variable and that it is being measured in a consistent way.
It also allows other researchers to replicate the study, which improves the reliability of the results obtained by the researchers.Moreover, an operational definition helps to increase the validity of a study by ensuring that the variable is being measured accurately and consistently. An operational definition can also help to reduce the potential for bias in a study by ensuring that the variable is being measured objectively.
Finally, operational definitions help to make research more efficient by providing a clear and concise description of the variables being measured, which can save time and resources by reducing the need for extensive explanations or clarification.The use of operational definitions is a critical aspect of research and helps to ensure that the results obtained are reliable, valid, and objective.
Know more about Reliability here :
https://brainly.com/question/29462744
#SPJ11
full employment means which of the following is zero?
Answers
In full employment, neither frictional unemployment nor structural unemployment is zero.
In economics, full employment refers to a situation where all available labor resources in an economy are being utilized to their maximum potential. It means that there is no cyclical or involuntary unemployment in the economy. However, it is important to note that full employment does not mean zero unemployment.
There are two types of unemployment that exist even in a fully employed economy: frictional unemployment and structural unemployment.
Frictional unemployment occurs when individuals are in the process of transitioning between jobs or entering the labor market for the first time. It is considered voluntary unemployment as individuals are actively seeking employment but have not yet found a suitable job.
Structural unemployment arises due to a mismatch between the skills of the available workforce and the requirements of available jobs. This type of unemployment is also considered voluntary as individuals may need to acquire new skills or education to match the demands of the job market.
Therefore, in full employment, neither frictional unemployment nor structural unemployment is zero. These types of unemployment are inherent in any economy, even when it is considered fully employed.
Learn more:About full employment here:
https://brainly.com/question/29999956
#SPJ11
The equation, a equal to 1,500 plus quantity 1 plus 0.06 over 2 end quantity all raised to the power of 2 times t, represents the amount of money earned on a compound interest savings account. what does the value 1,500 represent? the value 1,500 represents the amount of interest earned, which means $1,500 was added to the initial balance. the value 1,500 represents the initial value, which means the account started with a balance of $1,500. the value 1,500 represents the final value, which means the account ended with a balance of $1,500. the value 1,500 represents the initial value, which means the account ended with a balance of $1,500.
Answers
Answer:
The value 1,500 represents the initial value, which means the account started with a balance of $1,500.
Explanation:
In the compound interest formula, P represents the principal, or original, value invested. Since 1,500 replaces P in this situation, the initial value invested would be $1,500.
The value of 1,500 represents the initial value, which means the account started with a balance of $1,500. Here option B is the correct answer.
It is the principal amount invested, Compound Interest formula is used to calculate interest on the initial principal and also on the accumulated interest of previous periods of a deposit or loan, in this case, the initial principal is 1500, which will be compounded by the interest rate over time.
The equation you provided, A = 1,500 + (1 + 0.06/2)^(2t), represents the amount of money earned on compound interest savings account over a certain period of time. The variable "A" represents the final account balance, and the variable "t" represents the number of time periods (usually measured in years) for which the interest is calculated.
The 1,500 value is the initial deposit made into the account, also known as the Principal amount, which is the starting point for calculating interest. It is not representing the interest earned, but the amount of money that was invested into the account.
Complete question:
The equation, an equal to 1,500 plus quantity 1 plus 0.06 over 2 end quantities all raised to the power of 2 times t, represents the amount of money earned on a compound interest savings account. what does the value 1,500 represent?
A - the value 1,500 represents the amount of interest earned, which means $1,500 was added to the initial balance.
B - the value of 1,500 represents the initial value, which means the account started with a balance of $1,500.
C - the value of 1,500 represents the final value, which means the account ended with a balance of $1,500.
D - the value of 1,500 represents the initial value, which means the account ended with a balance of $1,500.
To learn more about initial value
https://brainly.com/question/29081397
#SPJ4
What does an exchange rate tell you?
Answers
Answer:
An exchange rate tells you how much one type of currency is worth in a different currency.
Explanation:
Answer:A foreign exchange rate is the relative value between two currencies. Simply put, "exchange rates are the amount of one currency you can exchange for another."
Explanation:
What is the SNAP food program governed by the farm bill
stamps
magnet
O paperwork
card
Answers
Answer:
The Supplemental Nutrition Assistance Program (SNAP) helps families, older adults, and individuals pay for groceries. ... SNAP benefits provide food security, stimulate local economies, and support farmers and the agriculture industry through the purchases of Pennsylvania-grown and processed foods.
Explanation:
A company manufactures and sells x television sets per month. The monthly cost and price-demand equations are
X C(x)=75,000+70x and p(x)=300- x/20 , 0 ≤ x ≤ 6000. (A) Find the maximum revenue.
(B) Find the maximum profit, the production level that will realize the maximum profit, and the price the company should charge for each television set.
(C) If the government decides to tax the company $6 for each set it produces, how many sets should the company manufacture each month to maximize its profit? What is the maximum profit? What should the company charge for each set?
(A) The maximum revenue is $
(Type an integer or a decimal.)
Answers
By determining the optimal production level, pricing strategy, and considering the impact of government taxes, the company can maximize its revenue and profit.
How can the company maximize its revenue and profit in manufacturing and selling television sets?The cost equation C(x) represents the total monthly cost of manufacturing x television sets, while the price-demand equation p(x) represents the price at which the company can sell each television set based on the quantity produced.
(A) To find the maximum revenue, we need to maximize the product of the quantity sold (x) and the price per unit (p(x)). This can be achieved by finding the value of x that maximizes the revenue function R(x) = x ˣp(x) within the given range of 0 ≤ x ≤ 6000.
(B) To find the maximum profit, we need to subtract the total cost function C(x) from the revenue function R(x) and find the value of x that maximizes the profit function P(x) = R(x) - C(x). This will also give us the production level that will realize the maximum profit and the corresponding price per television set.
(C) If the government imposes a tax of $6 per set, we need to adjust the cost equation C(x) by adding the tax component. We can then repeat the process in (B) to find the new production level, maximum profit, and the price the company should charge per set.
By analyzing the cost, price-demand, revenue, and profit equations, we can determine the optimal production level, pricing, and tax implications to maximize the company's revenue and profit.
Learn more about revenue
brainly.com/question/14952769
#SPJ11
citizen x is suing his neighbor y for ramming into his $7,000 car. this case could be heard in group of answer choices a state court. intermediate appellate court. supreme court an appellate court. a federal court.
Answers
This case could be heard in A: a state court.
State courts are the primary judicial forums for resolving disputes that arise under state law. In general, civil cases involving private disputes between individuals, such as a personal injury lawsuit, are heard in state courts. The plaintiff (Citizen X in this case) and defendant (Neighbor Y) are residents of the same state, and the dispute involves a car accident that took place within the state. Therefore, the case would likely be heard in a state court.
You can learn more about state court at
https://brainly.com/question/14687807
#SPJ4
How are “Consumer Reports” and “Consumer Research Magazine” different from other publications?
[Economics]
Answers
Consumer Reports” and “Consumer Research Magazine” are different from other publications as it provides information based on reviews of consumer products.
What is Magazine?A magazine is a type of book that contains content related to different segments it includes food recipes, traveling blogs, innovative ideas from different cultures, and the importance as well as fashion tips for experts and celebrities.
Consumer Reports magazine publishes in-depth analyses of a variety of consumer goods. Consumers may rely on the publication for unbiased product reviews.
Other publication provides spicy news to increase their reader rather than providing qualitative updates for consumers.
Learn more about Magazine, here:
https://brainly.com/question/20910446
#SPJ1
draw a point on the outcome of a cap and trade system that requires an efficient amount of emissions label it 1
Answers
Point 1 represents the efficient equilibrium in a cap and trade system where total emissions align with the set cap, promoting a balance between environmental sustainability and economic growth through trading of emission permits.
In a cap and trade system that aims to achieve an efficient amount of emissions, the point labeled as "1" represents the desired outcome where the total emissions in the system align with the set emissions cap. At this point, the level of emissions corresponds to the efficient equilibrium, where the social cost of emissions is equal to the marginal cost of reducing emissions. This efficient level of emissions helps strike a balance between environmental sustainability and economic growth.
By placing a cap on total emissions and allowing for trading of emission permits, the system encourages industries to find cost-effective ways to reduce their emissions and promotes the efficient allocation of resources towards cleaner technologies and practices.
learn more about "trade ":- https://brainly.com/question/14926566
#SPJ11
Alecia is selling her products on Amazon, using her own resources to fulfill orders. Which of the following best describes Alecia?
A seller leveraging Merchant Fulfilled Network
A vendor leveraging Amazon retail
A seller leveraging Fulfillment by Amazon
A vendor leveraging Fulfillment by Amazon
Answers
Alecia is a seller leveraging Merchant Fulfilled Network.
Alecia is a seller leveraging Merchant Fulfilled Network.
This means that she is using her own resources, such as inventory and shipping, to fulfill orders on Amazon.
While she is utilizing the Amazon platform to sell her products, she is not using Amazon's fulfillment services, such as Fulfillment by Amazon (FBA).
Therefore, she is not a vendor leveraging Amazon retail or FBA.
Know more about Merchant here:
https://brainly.com/question/409163
#SPJ11
____________ is the study of how individuals, institutions, governments, and businesses acquire, spend, and manage money and other financial assets.
Answers
Finance is the study of how individuals, institutions, and businesses acquire, spend and manage money and other financial resources.
A financial system is the set of world, nearby, or firm-specific establishments and practices used to facilitate the change of price range. financial structures may be organized using market ideas, important planning, or a hybrid of both.
Financial markets refer broadly to any market in which the buying and selling of securities occur, together with the stock marketplace, bond marketplace, forex market, and derivatives market, amongst others. financial markets are vital to the smooth operation of capitalist economies.
Financial markets refer typically to any marketplace in which the shopping for and selling of securities take area. Some examples of economic markets include the stock market, the bond market, and the commodities market.
Learn more about economic here: https://brainly.com/question/2824360
#SPJ4
Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.
Answers
Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Explanation:
Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
The total length of your apartment is 30 feet and the total width is 20 feet. What is the total area of the apartment?
Answers
Answer:
The answer should be 600
Explanation:
30x20=600
Maria runs a small construction firm with seven full-time employees. Considering the size of her firm, which type of construction does Maria most likely specialize in
Answers
Answer:
Residential
Explanation:
Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?" How would Demetri BEST classify this type of communication
introductions
small talk
making a request
giving condolences
Answers
If Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?" Demetri would BEST classify this type of communication as: D. giving condolences.
What is communication?Communication can be defined as the way in which two or more people tend to interact with one another. Communication can be inform of written, verbal or non-verbal.
This scenario is an example of giving condolence based on the fact that the Demetri colleague is showing empathy as well as giving condolence because yankees lost the games.
Therefore the correct option is D.
Learn more about communication here:https://brainly.com/question/26152499
#SPJ1
6. Describe at least three things a bank would consider about you when deciding whether to give you a loan. (1-3 sentences. 3.0 points)
Answers
Explanation:
Your Credit History
Your Ability To Pay The Loan
Your Cash Flow History
what does career mean??
Answers
Answer:
Career in the "normal sense" would mean a job that you decided to focus on, in one specific industry. an occupation undertaken for a significant period of a person's life and with opportunities for progress.
Explanation:
the only other way career might be used, would be to tell someone, that a car began to "move swiftly and in an uncontrolled way in a specified direction." (in layman's terms career is a job that you've decided you want to do for a long time.)
ESTIMATING COSTS
ACTIVITY 1- Scenario: Margaret has recently opened up her own
Beauty Salon in Abu Dhabi. She has been operating for the last 6
months as a sole trader.
List Margaret's costs for her business below:
Fast plz
Answers
Answer:
Opening your own hair salon is a milestone for any hairdresser. You may be wanting to open a salon so that you are self-employed. You may also be wanting to provide your own clients with services that align with your vision of what a hairdressing experience should be. However, opening a hairdressing salon is a big responsibility, even if you have previous experience in the hairdressing industry.
One of the most important things you will need to consider when planning to open a hairdressing salon is how to structure your business. Your business structure is the legal framework of your business. It has the potential to reduce your exposure to financial risk and enable flexibility for growth. The wrong business structure for a new business may be costly and may not be suited to your business goals. This article considers four popular business structures and their suitability for hairdressing businesses.
1. Sole Trader
If you are starting a hairdressing salon on your own or are wanting to freelance, you may choose to operate as a sole trader. As a sole trader, you will have full control and autonomy of the running your business. This structure is usually relatively easy and cheap to set up. It also has minimal legal formalities.
To set up as a sole trader, you will need an Australian Business Number (ABN). If you intend to trade under your own name, then you don’t need to register a business name. However, if you plan to operate under a different name, you simply need to register a business name with the Australian Securities and Investments Commission (ASIC).
Although it has an easy setup, this structure does come with risk. If any of your clients sue you or you incur any debts, you will be personally responsible. This means that if you can not repay these debts from the funds of the business, you will have the repay the debt from your own personal finances.
Also, as a sole trader, you have limited resources available to fund the growth of your business. You will need to rely on:
personal savings;
loans; and
business profits.
You cannot raise funds from the general public. Being a sole trader may also not be the most tax-effective decision. This is because a sole trader is liable to the same tax rate applicable to individual taxpayers on income earned. You should check this with an accountant or tax lawyer.
2. Partnership
If you plan to open your hairdressing salon with one or more business partners, you may choose to enter into a partnership. Similar to a sole trader, the setup is simple and has minimal upfront costs. You will require an ABN for the partnership and most partnerships also register a business name.
It is also important for the partners to enter into a partnership agreement. This agreement governs the relationship between partners and sets out key terms, which may describe:
how the business will be managed;
how the profits will be shared;
who will fund the partnership;
how you or your partners can sell your share in the business; and
the process for managing disputes.
However, setting up a partnership also comes with risks. Like a sole trader, if someone sues you or you go into debt, your personal assets and finances will be at risk.
Additionally, partnerships involve joint liability. Therefore, you may be personally liable for business debts owed by any of the other partners. The amount owed is not divided proportionally according to your percentage of ownership in the business, so you could be responsible for paying the entire amount.
Like a sole trader, you cannot raise funds from the general public to fund the growth of your business. You will need to rely on:
the savings of each partner;
loans; or
business profits.
However, unlike a sole trader, you can look to bring on more partners to increase the pool of funds available for the business.
3. Company
Whether you are operating your hairdressing salon on your own or with other business partners, you may decide to operate as a company. A company is a separate legal entity. This means it is capable of suing and being sued. It also holds assets in its own name and can enter into contracts in its own name.
There are two key players involved in the management of a company. These are shareholders and directors. As the founder of your business, you will usually be both a shareholder and a director of the company that you establish. Any other business partners may also take on these roles.
hope it helps
a business will be able to protect its trademark for how long?
Answers
It is renewable indefinitely with the payment of additional fees. Trademark rights are private property rights that are enforced through the court orders.
All registered trade marks are valid for ten years from the date of registration. When a trade mark's validity period expires, it can be easily renewed by the payment the Government's registration fee. Discover more about Trademark Renewal. In India, a trademark can be renewed for an indefinite period of time by paying the renewal fees, failing which the mark will be removed from the Register of trademarks. Each term of the renewal is for ten years.
To learn more about payment, click here.
https://brainly.com/question/15136793
#SPJ4
How do you calculate marginal cost from production cost?
Answers
marginal cost The difference in total production costs caused by creating or producing one extra unit is known as the marginal cost in economics.
Divide the variation in production costs by the variation in quantity to determine marginal cost. In managerial accounting, the idea of marginal cost is crucial because it may be used to maximize production through economies of scale within an organization. The overall costs involved in producing an additional good are what is referred to as the marginal cost. Therefore, it can be evaluated by changes in the costs associated with each extra unit. Because a corporation seeking to maximize profits will only create until marginal cost (MC) equals marginal income, marginal cost is a key concept in economic theory.
learn more about marginal cost here:
https://brainly.com/question/14788452
#SPJ4
who ready for some questions?
Answers
Answer: I’m ready
Explanation:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.
Answers
Complete Question:
On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720
Journalize the first interest payment and the amortization of the related bond discount using the Straight line method
Answer:
Kindly check Explanation
Explanation:
Given the following :
Face value of bond issued = $1,450,000
Cash received on Issuance = $1,408,720
Number of Interest payment on bond = 5 × 2 = 10(semiannual)
Therefore, discount on bond :
$(1,450,000 - 1,408,720) = $41,280
Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)
Discount / period
$41,280 / 10 = $4,128
Interest expense a/c Dr $40,378
To discount on bond payable a/c Cr $4128
To cash a/c $36,250
The sarbanes oxley act blank______. multiple choice question. is all it takes to create an ethical culture in an organization
Answers
The Sarbanes-Oxley Act does not guarantee the creation of an ethical culture in an organization.
The Sarbanes-Oxley Act (SOX) is a legislation enacted in the United States to improve corporate governance, financial transparency, and accountability in public companies. While SOX has significantly enhanced corporate governance practices and imposed stricter regulations on financial reporting, it is not the sole determinant of an ethical culture in an organization. Ethical culture encompasses a broader set of factors, including leadership commitment to ethics, ethical decision-making processes, organizational values, and the behavior of individuals within the organization. Building an ethical culture requires ongoing efforts such as ethical training programs, effective communication of ethical expectations, and fostering a supportive environment for ethical behavior. SOX can be an important tool in promoting ethical practices, but it is not the sole solution for creating an ethical culture in an organization.
To learn more about Sarbanes-Oxley Act visit: brainly.com/question/28139067
#SPJ11