What would be these journal entry. Thanks!
On September 1, 2020, Wildhorse Corp. sold at 104 (plus accrued interest) 5,600 of its $1,000 face value, 10-year, 8% non- convertible bonds with detachable stock warrants. Each bond carried 2 detacha

Answers

Answer 1

On September 1, 2020, Wildhorse Corp. sold $5,600,000 worth of its 10-year, 8% non-convertible bonds with detachable stock warrants at a price of 104% of their face value, resulting in a cash inflow of $5,824,000. The bonds were issued with detachable stock warrants attached.

1. On September 1, 2020, when Wildhorse Corp. sold the bonds:

  Cash (5,600 bonds * $1,040)         5,824,000

  Bonds Payable                                  5,600,000

  Premium on Bonds Payable (($1,040 - $1,000) * 5,600)     224,000

  Detachable Stock Warrants (2 * 5,600)              11,200

  This entry records the cash received from selling the bonds, the issuance of the bonds payable, the premium on bonds payable (the difference between the selling price and the face value of the bonds), and the value of the detachable stock warrants.

2. On December 31, 2020, when the accrued interest is recorded:

  Interest Expense (5,600 bonds * $1,000 * 8% * 4/12)     74,667

  Interest Payable                                 74,667

  This entry recognizes the interest expense accrued on the bonds from September 1, 2020, to December 31, 2020.

3. On December 31, 2030, when the bonds mature:

  Bonds Payable                                  5,600,000

  Premium on Bonds Payable              224,000

  Interest Payable                                 74,667

  Cash (5,600 bonds * $1,000)          5,600,000

  This entry reflects the repayment of the bonds at their face value, along with the premium on bonds payable and interest payable.

It's important to note that additional journal entries may be required depending on the specific terms and conditions of the bonds, such as periodic interest payments or early redemption provisions.

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Related Questions

Cash is an _____.
A) asset
B) expense
C) none of the above

(question is from small business entrepreneurship A)

Answers

A. Asset

Explanation:

-asset is a useful or valuable thing

Country Kitchen has a cost of equity of 12.6%, a pretax cost of debt of 5.7%, and the tax rate is 21%. If the company's WACC is 9.19%, what is its debt-equity ratio?

Answers

The value of the debt-equity ratio of Country Kitchen is 0.82.

Debt-equity ratio can be calculated using the formula below;

Debt-equity ratio = Debt / Equity

Debt/Equity can also be expressed as the weight of debt (D/(D+E)) or the weight of equity (E/(D+E)).

Cost of Equity: 12.6%

Cost of Debt: 5.7%

Tax Rate: 21%

WACC: 9.19%

To calculate the debt-equity ratio, we have to find the debt ratio first. Since the WACC is the weighted average cost of capital, we can use it to find the proportion of debt and equity in the company's capital structure.

The formula for WACC is;

WACC = E/V x Re + D/V x Rd x (1-Tc)

Where, E = Equity

V = Total Capital (D + E)

Re = Cost of Equity

D = Debt

Rd = Cost of Debt

Tc = Corporate Tax Rate

We know the values of Re, Rd, and Tc and also the value of WACC which we will use to find the proportion of debt and equity in the company's capital structure.

Substituting the given values;

9.19% = E/V x 12.6% + D/V x 5.7% x (1 - 21%)E/V + D/V = 1

Substituting E/V = 1 - D/V in the above equation;1 - D/V + D/V = 1

D/V = 0.4516

The debt-equity ratio can be calculated by dividing debt by equity;

Debt/Equity = 0.4516/0.5484 = 0.8249 ≈ 0.82

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A company incurred the following costs associated with the purchase of a piece of land that it will use to re-build an office building: Purchase price of the land$690,000 Sale of salvaged parts already on land$20,000 Demolition of the old building$32,000 Ground-breaking ceremony (food and supplies)$1,800 Land preparation and leveling$8,300 What amount should be recorded for the purchase of the land

Answers

Answer:

Purchase of land $710,300

Explanation:

The computation of the amount that should be recorded for the purchase of the land is shown below:

Purchase Price of the land $690,000

Less: Sale of salvaged parts already on the land -$20,000

Add: Demolition of the old building $32,000

Add: Land preparation and leveling $8,300

Purchase of land $710,300

When property rights are well defined and markets are: competitive market equilibrium violates the conditions for economic efficiency.market equilibrium is consistent with economic efficiency.conditions necessary for economic efficiency no longer apply.quantity supplied will rarely equal the quantity demanded.

Answers

Complete Question:

When property rights are well defined and markets are competitive, the

Group of answer choices:

a. market equilibrium violates the conditions for economic efficiency.

b. market equilibrium is consistent with economic efficiency.

c. conditions necessary for economic efficiency no longer apply.

d. quantity supplied will rarely equal the quantity demanded.

Answer:

b. market equilibrium is consistent with economic efficiency.

Explanation:

A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.

Also, a competitive market is a type of market that comprises of numerous producers who compete with each other so as to satisfy or meet the material needs and wants of consumers at a specific period of time.

Hence, when property rights are well defined and markets are competitive, the market equilibrium is consistent with economic efficiency.

This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.

name the five ways you can obtain the money you need to ""start investing?""

Answers

There are five ways to obtain the money needed to start investing: personal savings, loans, crowdfunding, partnerships, and investment funds.

Personal savings: One way to start investing is by using your own savings. This involves setting aside a portion of your income and accumulating funds over time to allocate towards investments.

Loans: Another option is to secure a loan from a financial institution. This could be a personal loan or a business loan specifically for investment purposes. It's important to consider the terms, interest rates, and repayment plans when opting for this method.

Crowdfunding: Crowdfunding platforms allow individuals to raise funds for their investment projects by soliciting small contributions from a large number of people. This method typically involves showcasing your investment idea or project to attract potential investors.

Partnerships: Forming partnerships with other individuals or entities can provide additional capital for investments. This could involve pooling resources and sharing both the risks and rewards of the investment venture.

Investment funds: Investing through mutual funds, exchange-traded funds (ETFs), or other types of investment funds allows you to pool your money with other investors. These funds are managed by professionals who make investment decisions on behalf of the investors, providing diversification and access to various asset classes.

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what would you pay for a 110000 debenture bond that matures in 15 years and pays 5500 a year in interest if you wanted to earn a yield of: 3%?

Answers

Bonds cost $145,475.21 if you desire a 2% interest on your investment.

Bonds cost $130,069.66 if you want a 3% interest on your investment.

What is the cost of bonds?

A bond price is a type of financial debt that offers investors a fixed return. The bond's present value can be determined by discounting all of the cash inflows produced by it using the needed rate of return.

Bond yield and price have the opposite relationship. When a bond's price rises, the yield decreases. As a bond's price drops, its yield increases.

Hence, you can look for the price based on the yield and interest rate.

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Snack Chips agrees to supply The Cafe with all the corn chips that it requires for a year at an agreed upon price. A sudden and unexpected demand for ethanol results in a shortgage of corn, and the price of corn rises sharply. Snack Chips ask Cafe to pay a higher price for the chips. This request is
invalid as an unethical attempt to profit more
invalid under the preexisting duty rule
valid because consideration can always be changed
valid due to the unforeseen difficulty of the sudden price increase

Answers

A sudden and unexpected demand for ethanol causes a corn shortage; this request is invalid as an unethical attempt to profit more validly as a result of the unforeseen difficulty of the sudden price increase.

Demand is the intention of a consumer to buy a particular good or service. Market demand is the demand for a particular good on the market. Aggregate demand is the term used to describe the entire economy's demand for goods and services.

The balance between supply and demand determines the price of a good or service. understanding the idea of demand. Demand and Supply Determine the price of goods as well as the quantity produced and consumed

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What impact did the crash of South African Airways have on the economy and other airlines in the industry

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The crash of South African Airways had a significant impact on both the economy and other airlines in the industry. Firstly, the crash resulted in the loss of lives, which was a great tragedy for the families and friends of the victims. This also led to a decline in tourism, as potential visitors may have been deterred by the incident.

Additionally, the crash resulted in financial losses for South African Airways, which is a major player in the industry. This, in turn, impacted the country's economy, as the airline contributes significantly to the nation's GDP. The airline had to ground several planes, leading to a reduction in the number of flights, which further affected the country's tourism industry. Other airlines in the industry also felt the impact of the crash. Some airlines reduced their prices to attract passengers who were previously using South African Airways.

This led to increased competition in the industry, which was detrimental to the airlines' profits. In conclusion, the crash of South African Airways had a significant impact on the economy and other airlines in the industry. The loss of lives, financial losses, reduced number of flights, and increased competition all contributed to the overall negative impact.

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You shouldn't take your investments out early. What do you think are some consequences of taking money out of your retirement early?

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Answer:

You could trigger a higher tax bill.

You may have to pay a penalty.

Your request might be denied.

The withdrawn funds won't earn interest.

The distribution might not be protected from creditors.

Explanation:

Capital and revenue expenditures OBJ. 1 Warner Freight Lines Co. incurred the following costs related to trucks and vans used in operating its delivery service:

1. Changed the oil and greased the joints of all the trucks and vans.

2. Changed the radiator fluid on a truck that had been in service for the past four years.

3. Installed a hydraulic lift to a van.

4. Installed security systems on four of the newer trucks.

5. Overhauled the engine on one of the trucks purchased three years ago.

6. Rebuilt the transmission on one of the vans that had been driven 40,000 miles. The van was no longer under warranty.

7. Removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication.

8. Repaired a flat tire on one of the vans.

9. Replaced a truck’s suspension system with a new suspension system that allows for the delivery of heavier loads.

10. Tinted the back and side windows of one of the vans to discourage theft of contents.Classify each of the costs as a capital expenditure or a revenue expenditure.

Answers

Investment and revenue expenditures India. 1 Turner Freight Lines Co. spent the following money on the trucks and vans that it utilized to run its delivery business. Changed the oil and lubricated all the joints on the trucks and vans.

What, in brief, is revenue expenditure?

Revenue expenditures are costs incurred by the corporation as part of routine business operations. The advantages that will come from these costs will be realized during the same accounting cycle.

What are the funding sources for spending?

Public spending which does not lead in the creation of assets is referred to as revenue expenditure. Revenue expenditures include things like salaries, wages, pension, subsidies, and interest payments. In order to cover its operating needs, the government incurs income expenses.

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Identify the characteristics of 3D printing when compared to traditional manufacturing processes. (Check all that apply.)It can be made close to the customer, reducing inventory and transportation.It is highly flexible.It uses relatively low-cost equipment.It eliminates the need for producing parts and assembly by printing products in one piece.

Answers

3D printing has several characteristics that distinguish it from traditional manufacturing processes. Firstly, it offers a significant advantage of being able to produce products close to the customer, which reduces the need for inventory and transportation.

This makes the production process more efficient and cost-effective. Secondly, 3D printing is highly flexible, allowing for the customization of products without requiring expensive tooling or equipment. Thirdly, the equipment used in 3D printing is relatively low-cost, making it accessible to smaller businesses and individuals.

Lastly, 3D printing eliminates the need for producing parts and assembly by printing products in one piece, leading to reduced waste and faster production times. Overall, these characteristics make 3D printing an innovative and promising manufacturing technology.

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4. If your checking account's balance is
$3,678.89 and you withdraw $1,514, what
is the remaining balance?
A $2,164.89
B $5,192.89
C$2,614.89
D $3,678.89
(Step by step ) please

Answers

A. $2164.89
Basically just subtract, 3,678.89-1514 = 2,164.89

By law, manufacturers and distributors are responsible for providing Safety Data Sheets.
Who else is responsible for providing Safety Data Sheets?
Select the best option.
O
O
Managers
Workers
Importers
Employers

Answers

Managers are responsible for providing Safety Data Sheets.

According to the Hazard Communication Standard (HCS) (29 CFR 1910.1200(g)), which was updated in 2012, the chemical manufacturer, distributor, or importer must give downstream users Safety Data Sheets (SDSs) (previously known as Material Safety Data Sheets or MSDSs) for each hazardous chemical in order to inform them of the hazards.

The SDS and MSDS both include virtually the same information, but today the SDSs must be presented in a standardized, user-friendly, 16-section format. This guideline helps workers who handle dangerous chemicals become accustomed to the format and comprehend the SDSs' contents.

The SDS contains details about the physical, physiological, and environmental dangers of each chemical, as well as information about how to handle, store, and transport each chemical safely.

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Search online, list the 30 firms in DJIA with the industry each firm is in.What is the trading hours of NYSE?

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The NYSE, or New York Stock Exchange, is the world's largest stock exchange by market capitalization.

It is located on Wall Street in New York City and operates as a marketplace for buying and selling publicly traded securities, including stocks, bonds, exchange-traded funds (ETFs), and other financial instruments.

The 30 firms in the Dow Jones Industrial Average (DJIA) are:
1. Walmart (Retail)
2. Apple (Technology)
3. Microsoft (Technology)
4. Amazon (Retail)
5. Berkshire Hathaway (Holding Company)
6. UnitedHealth Group (Healthcare)
7. JPMorgan Chase (Financial Services)
8. Johnson & Johnson (Healthcare)
9. Visa (Financial Services)
10. Procter & Gamble (Consumer Goods)
11. Goldman Sachs (Financial Services)
12. ExxonMobil (Energy)
13. Chevron (Energy)
14. Intel (Technology)
15. Cisco Systems (Technology)
16. Coca-Cola (Beverages)
17. IBM (Technology)
18. Pfizer (Pharmaceuticals)
19. 3M (Manufacturing)
20. United Technologies (Industrial)
21. American Express (Financial Services)
22. Boeing (Aerospace)
23. Walt Disney (Entertainment)
24. McDonald's (Restaurants)
25. Dow (Chemicals)
26. Merck (Pharmaceuticals)
27. Travelers Companies (Insurance)
28. Verizon (Telecommunications)
29. Home Depot (Retail)
30. Salesforce.com (Software)

The trading hours of the New York Stock Exchange (NYSE) are Monday to Friday, 9:30am to 4:00pm Eastern Time.

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MAKE IT EASIER This is a problem with mutually exclusive projects. You only have to do the net present value method, so you can evaluate the projects separately, or you can combine them. But if you evaluate them separately, the answer you submit must be the difference in the two net present values (see the directions for the correct sign to use). As you determine the cash flows, make sure that you use the correct project life and that you recognize and treat all one-time cash flows properly.
______________________________________________________
The Lansing Community College registrar's office is considering replacing some Canon copiers with faster copiers purchased from Kodak.
The office's 4 Canon machines are expected to last 5 more years. They can each be sold immediately for $1,000; their resale value in 5 years will be zero. The Canon machines require 4 operators; they are each paid $8.10 an hour and work 39 hours a week and 50 weeks a year. The machines break down periodically, resulting in annual repair costs of $960 for each machine. The cost of supplies for each machine will be $960 a year.
The total cost of the new Kodak equipment will be $110,000. The equipment will have a life of 5 years and a total disposal value at that time of $2,900. The Kodak system will require only 2 regular operators, working the same number of hours and earning the same wages. Kodak has offered the college a maintenance contract that covers all machine breakdowns; the cost of the contract is $720 per year. The cost of supplies for all the machines combined will be $3,840 a year.
Required
Assuming a discount rate of 14%, compute the difference between the net present value if the registrar's office keeps the Canon copiers and the net present value if it buys the Kodak copiers. [Note: If your results favor keeping the Canon copiers, enter your net present value difference as a positive number; if your results favor buying the Kodak copiers, enter your net present value difference as a negative number.]

Answers

The net present value difference is -$17,291.89. This means that it would be financially advantageous for the registrar's office to buy the Kodak copiers instead of keeping the Canon copiers.

By purchasing the Kodak copiers, the office would save more money in present value terms compared to keeping the Canon copiers over the 5-year period, considering factors like resale value, operator wages, repairs, maintenance, and supplies costs, with a discount rate of 14%.

The net present value (NPV) method is used to evaluate the financial viability of investment projects. In this case, we need to calculate the NPV difference between keeping the Canon copiers and buying the Kodak copiers.

To begin, we need to determine the cash flows associated with each option. For the Canon copiers, we consider the immediate sale value of $1,000 for each machine and the annual costs of operator wages, repairs, and supplies over the 5-year period. The future resale value is assumed to be zero.

For the Kodak copiers, we calculate the cost of purchasing the equipment, the annual costs of operator wages, maintenance contract, and supplies. We also consider the future disposal value of the Kodak copiers after 5 years. next, we apply the NPV formula, which discounts the cash flows back to their present value using a discount rate of 14%. By discounting future cash flows, we can compare them on an equal basis with present-day values.

Finally, we calculate the NPV for both options separately. If we subtract the NPV of keeping the Canon copiers from the NPV of buying the Kodak copiers, we get the net present value difference. In this case, the difference is -$17,291.89, indicating that buying the Kodak copiers yields a higher net present value. therefore, financially speaking, it is more favorable for the registrar's office to purchase the Kodak copiers rather than keeping the Canon copiers.

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typical maturity levels in project management range from level 1 with informal, ad hoc project management practices to level 5 where

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Typical maturity levels in project management range from level 1 with informal, ad hoc project management practices to level 5 where project management processes are optimized and integrated across the organization.

At level 1, project management is unstructured and inconsistent, with little or no formalized processes in place. As organizations move up the maturity scale, they begin to implement standardized processes and templates, as well as project management software and tools. By level 5, project management is fully integrated into the organization's culture, with a focus on continuous improvement and innovation. At this level, the organization has a comprehensive project management methodology in place, with well-defined processes, metrics, and governance structures to support project success. In project management, maturity levels refer to the extent to which an organization has established and consistently applies project management processes and practices.

The typical maturity levels range from Level 1 to Level 5:
1. Level 1 - Informal: At this level, project management practices are ad hoc and inconsistent, with limited documentation and minimal process standardization.
2. Level 2 - Basic: Project management processes are more formally defined and documented, but they may not be consistently applied across all projects.
3. Level 3 - Standardized: The organization has established standard project management processes that are consistently applied to all projects, leading to better predictability and control.
4. Level 4 - Managed: Project management processes are measured and analyzed, allowing for continuous improvement and adaptation to the organization's needs.
5. Level 5 - Optimized: At this level, the organization has fully integrated project management practices into its operations and consistently seeks opportunities for improvement and innovation, resulting in increased efficiency and effectiveness.

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Why might it be disadvantageous to receive a large refund instead of a smaller one?.

Answers

It will be a disadvantage to receive a large refund instead of a smaller one because its look like the taxpayer loaned the U.S. government their money without making interest.

What is a large tax refund?

A large tax refund is received because a taxpayer had more tax withheld from his/her paychecks all year than was necessary to cover what you owe.

What is a small tax refund?

A small tax refund usually occur because the taxpayer have overpaid only by a little amount.

In conclusion, it will be a disadvantage to receive a large refund instead of a smaller one because its look like the taxpayer loaned the U.S. government their money without making interest.

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two types of organizational documents that can help you organize a job search. What is the purpose of each document

Answers

There are two types of organizational documents that can help you organize a job search.

The purpose of each document are as follows:1. Job search tracker: This document is useful for keeping track of job applications you have submitted. You can make columns for the date you applied, the company name, the position, and any contact information you have. Additionally, you can track whether you have followed up with the company, received a response, or been invited for an interview.2. Cover letter/resume tracker: This document can be used to help you remember which cover letters and resumes you have sent out for different jobs.

You can keep track of the date you sent each cover letter and resume, the company name, and the position you applied for. This will help you to keep your materials organized and avoid duplication while applying for jobs.Overall, these two types of organizational documents help you to stay organized, track your job search progress, and avoid mistakes that can be detrimental to your job search success. They also help to reduce the stress and frustration that comes with the job search process.

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Each diode has its own maximum supported current depending on its physical characteristic. Select one: True False

Answers

True. Each diode has a maximum supported current determined by its physical characteristics. This limit is specified by the manufacturer and should not be exceeded to ensure proper operation and prevent damage to the diode.

Diodes are electronic components that allow current to flow in one direction while blocking it in the opposite direction. They have a maximum current rating, which is the maximum current that the diode can safely handle without being damaged. This rating is typically specified by the manufacturer and is an important parameter to consider when designing electronic circuits.

Exceeding the maximum supported current can lead to overheating and irreversible damage to the diode. It can cause the diode to fail, resulting in circuit malfunction or even complete failure. Therefore, it is crucial to choose a diode with a current rating that is suitable for the intended application and to ensure that the operating current does not exceed this limit.

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Jackson electric services incurred $800 as a repair expense and paid for it in cash. this transaction will?

Answers

The transaction will decrease the cash balance by $800 and increase the repair expense by $800.

Since Jackson electric services paid for the repair expense in cash, the cash account will decrease by $800. At the same time, the repair expense account will increase by $800 to reflect the cost incurred for the repair.

When Jackson electric services incurred a repair expense of $800 and paid for it in cash, the transaction has two effects on the financial statements: a decrease in the cash balance and an increase in the repair expense.

Decrease in Cash Balance: Since the repair expense was paid in cash, the cash account will be reduced by $800. Cash is considered an asset on the balance sheet, and any decrease in cash results in a reduction of the company's available funds.

Increase in Repair Expense: The repair expense account on the income statement will increase by $800. Repair expenses are categorized as operating expenses and are subtracted from the revenue to calculate the net income. By recording the repair expense, the company accurately reflects the cost incurred for the repair, reducing the overall profitability.

Firstly, it decreases the cash balance by $800, reflecting the outflow of cash for the repair expense. Secondly, it increases the repair expense account by $800, accurately representing the cost incurred for the repair. These adjustments ensure that the company's financial statements provide an accurate depiction of the financial impact of the repair on Jackson electric services' operations.

In conclusion, the transaction involving Jackson electric services incurring an $800 repair expense and paying for it in cash has two main effects.

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Final answer:

Jackson Electric Services' transaction of paying $800 in cash for repair expenses decreases the cash account by $800 and increases the expenses account by $800, following the double-entry bookkeeping principle.

Explanation:

This transaction by Jackson Electric Services effectively impacts two areas of the company's accounts: its cash account and its expense account. As the company paid $800 in cash for repair expenses, this will result in a $800 decrease in the cash account and a $800 increase in the expenses account, assuming that the company is applying the double-entry bookkeeping principle.

To understand this in more concrete terms, think of the cash account as the company's wallet. Paying $800 for repair services means that the company now has $800 less in its wallet. On the other hand, representing this as an increase in the expenses account is a way for the company to keep track of what it spent that $800 on, which in this case, is repair services.

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accompanying the bank statement was a credit memo for a short-term note collected by the bank for the company. what entry is required in the company's accounts?

Answers

When the bank statement is accompanied by a credit memo for a short-term note collected by the bank for the company, the journal entry will effect a debit to the cash accounts and a credit to the debtor party's account.

A journal entry can be referred to or considered as the primary entry made in the books of accounts for ensuring chronological recording of all the financial transactions. As per the golden rules of accounting, when an item increases in its balance, it gets debited within the journal entry for the firm during such particular period.

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Vicky has worked for the same company since January 2011. Her starting salary was $52,000 and she has received a $1,000 raise on the first day of each year.
a. How much is her salary today?

Answers

Vicky has worked for the same company since January 2011. her salary is  mathematically given as today

X=63000

This is further explained below.

How much is her salary today?

Generally, the equation for Vicky's salary today is  mathematically given as

X=intial salary+( raise *number of years worked)

Therefore

X=52000+(10*11)

X=63000

In conclusion,

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Indicate the most likely effect of the following changes in credit policy on the receivables turnover ratio ( + for increase, − for decrease, and NE for no effect).
a. Granted credit with shorter payment deadlines.
b. Increased effectiveness of collection methods.
c. Granted credit to less creditworthy customers.

Answers

a. Granted credit with shorter payment deadlines: + Granting credit with shorter payment deadlines is likely to have a positive effect on the receivables turnover ratio.

Shorter payment deadlines mean that customers will have to pay their outstanding balances sooner, resulting in faster collection of receivables. This leads to a higher turnover ratio, indicating that receivables are being collected more quickly.

b. Increased effectiveness of collection methods: +

If collection methods become more effective, it is likely to have a positive effect on the receivables turnover ratio. Improved collection methods can result in faster payment from customers, reducing the average collection period. This leads to a higher turnover ratio, indicating more efficient collection of receivables.

c. Granted credit to less creditworthy customers: −

Granting credit to less creditworthy customers is likely to have a negative effect on the receivables turnover ratio. Less creditworthy customers are more likely to delay or default on their payments, leading to longer collection periods. This increases the average collection period and reduces the turnover ratio, indicating slower collection of receivables.

Overall, changes in credit policy can have significant effects on the receivables turnover ratio. Granting credit with shorter payment deadlines and improving collection methods generally increase the turnover ratio, while granting credit to less creditworthy customers tends to decrease it.

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There is a growing movement in the United States led by the progressive wing of the Democratic Party to have the federal minimum wage raised to $15/hr. Some people agree with the $15/hr minimum wage for the United States, while others oppose raising the minimum wage. The arguments against raising the minimum wage range from the government should not dictate salaries to it will cause low wage workers to lose their jobs since businesses cannot afford a $15/hr minimum wage.

Do you agree with a $15/hr federal minimum wage? The current federal minimum wage in the United States is $7.25/hr. Fully explain your position on this issue in 2 - 3 paragraphs.

Source: Surviving an Unlivable Wage l Full Documentary (Financial Literacy)

Answers

In my opinion, minimum wage should be increased because an increase in minimum wage would reduce poverty, increase consumer spending, and promote economic growth.

Why Should Minimum Wage be Increased?

Minimum wage has not kept pace with inflation, and that the current federal minimum wage of $7.25/hr is not a living wage in most parts of the United States. A $15/hr minimum wage would provide a more realistic living wage for many low-wage workers, but there is disagreement on whether this should be achieved through federal legislation or through individual state action.

Ultimately, whether or not to raise the minimum wage is a complex issue that involves balancing the needs of workers, businesses, and the overall economy. It is important for policymakers to carefully consider the potential impacts of any minimum wage increase and to find ways to support low-wage workers without unduly burdening businesses.

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Learning Task 7: Find the function and create a formula that will calculate the total number of fruits in the workbook below. Write the formula on cell B7.

Answers

Answer:

=SUM(B2:B6)

Explanation:

Given

See attachment for workbook

Required

The function that calculates the total number of fruits

The number of fruit for each fruit is represented by cell B2 through B6.

So, we need to create a function that adds up the values in B2 to B6. To do this, we make use of the SUM function.

So, enter the following formula in cell B7

=SUM(B2:B6)

The above formula will add B2 to B6

Learning Task 7: Find the function and create a formula that will calculate the total number of fruits

class-based conflict between workers and management in class-conscious societies can lead to: group of answer choices increased costs of doing business decreased costs of doing business companies going out of business workers looking for new jobs in other businesses

Answers

In class-conscious societies, class-based conflict between workers and management can have significant impacts on businesses.

When workers and management are at odds, it can result in decreased productivity and morale, increased absenteeism and turnover, and even strikes or other forms of labor disruption. All of these factors can lead to increased costs of doing business, such as lost revenue and additional expenses for hiring replacement workers or resolving disputes.

If the conflict is severe enough, it could even result in companies going out of business altogether. This could leave workers looking for new jobs in other businesses, further adding to the costs of doing business for the affected companies. Effective management and communication strategies are critical to mitigating class-based conflict in the workplace and maintaining a productive and stable business environment.
Class-based conflict between workers and management in class-conscious societies can lead to increased costs of doing business. This is because conflicts often result in reduced productivity, strained relationships, and potential legal issues. Moreover, conflicts may also prompt workers to look for new jobs in other businesses, further increasing the costs of recruitment and training for the company. Therefore, effective communication and conflict resolution are crucial for maintaining a healthy work environment and minimizing the negative impact of such conflicts on the overall business operations.

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Mark the statements that are True


(A) NYSE ® symbols are usually four or more letters.

(B) The S&P ® list contains the 500 largest publicly held companies.

(C) Standard & Poor's ® 500 is a type of stock index favored by professionals because it includes a far wider range of public companies than the Dow Jones SM industrial average does.

(D) Common stock is a type of stock that is the safest you can purchase.

(E) Your portfolio is all of the various stocks or bonds that you, as an investor, hold.

(F) Owners of preferred stock receive a fixed dividend payment

Answers

(A) True

(B) True

(C) True

(D) False

(E) True

(F) True

(A) The statement is true. NYSE symbols are typically four or more letters and are used to identify individual stocks listed on the New York Stock Exchange.

(B) The statement is true. The S&P 500 is a stock market index that includes the 500 largest publicly held companies in the United States. It is widely used as a benchmark for the overall performance of the stock market.

(C) The statement is true. The S&P 500 is favored by professionals because it provides a broader representation of the market compared to the Dow Jones Industrial Average, which includes only 30 large industrial companies.

(D) The statement is false. Common stock is not necessarily the safest type of stock to purchase. While common stock represents ownership in a company, it is subordinate to preferred stock and may be subject to more risk and volatility.

(E) The statement is true. A portfolio refers to the collection of various stocks, bonds, or other investments held by an investor. It represents the overall investment holdings of an individual or entity.

(F) The statement is true. Owners of preferred stock receive a fixed dividend payment, which is predetermined and paid out before dividends are distributed to common stockholders. Preferred stockholders have a higher claim on the company's assets and earnings compared to common stockholders.

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an increase in the capital stock has the same effect on the production function as an increase in a. labor. b. gdp. c. technology. d. output.

Answers

It is not accurate to say that an increase in capital stock has the same effect on gdp.

An increase in the capital stock has the same effect on the production function as an increase in a. labor. the production function represents the relationship between inputs (such as labor and capital) and output in an economy. when the capital stock increases, it leads to an expansion in the available physical capital, such as machinery, equipment, and infrastructure. this, in turn, allows for more efficient and productive use of labor. as a result, the overall output or production of goods and services can increase.

while increases in gdp (gross domestic product) reflect the total value of goods and services produced in an economy, it is influenced by various factors including labor, capital, and technology. increases in technology can enhance the productivity of both labor and capital, leading to higher output. however, technology is distinct from the capital stock, and its effects on the production function may differ.

finally, output refers to the final goods and services produced by an economy, so an increase in the capital stock can contribute to higher output levels. however, it is important to note that changes in output are influenced by multiple factors, and the impact of capital accumulation on output may vary depending on the specific circumstances.

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All economies are technically mixed.
A. True
B. False

Answers

Answer:

True

Explanation:

Every economy in the real world regardless of their common designation (such as capitalism, socialism, or communism) make use of both markets and governments and is technically a mixed economy. ... Governments force allocation through involuntary taxes, laws, restrictions, and regulations.

Answer:

yes

Explanation:

I just know it hope it helps bro

Why would an insurance company charge an inexpensive copay when considering claims that will likely be hundreds or thousands of dollars?

Answers

Insurance companies charge an inexpensive copay for certain types of medical services to encourage their policyholders to seek preventive care and early treatment, which can help prevent more serious and costly health problems in the future. By covering the cost of these services upfront, insurance companies can reduce the overall cost of healthcare by avoiding more expensive treatments down the line. Additionally, copays can help incentivize policyholders to use in-network providers and services, which can be more cost-effective for both the insurance company and the patient.
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