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
Select the correct answer from each drop-down menu.
Fill in the correct terms to complete the description of Mischa going through the home-buying process
Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a ______ to become _______ for a mortgage. By doing so, Mischa will know how much she has to spend on a house.
A.real estate agent B.lender C.closeing company D.title company
a.eligible b.wait listed c.credit checked d.prequalified
Answer:
B. lender
d. prequalified
Explanation:
Mortgage brokering can be defined as a process which typically involves a mortgage broker acting as an intermediary between a financial institution (mortgage bank) offering loans and an individual that seeks to collect a loan.
Generally, all financial assets or securities can be securitized i.e turned into a tradable item that can be used to generate money for a potential investor or the owner of the financial asset. For example, a mortgage backed security can be used as securitization.
In the home-buying process, sellers usually require the buyer to present a mortgage pre-qualification in order to have an estimate of their financial capacity to buy a house. This qualification or approval determines the amount of money a lender can lend to a home-buyer who wishes to buy a house.
Additionally, some of the requirements to obtain a pre-qualification letter from a lender includes employment status, good credit score, proof of income and assets, etc.
In this scenario, Mischa wants to buy a home. She has looked at the housing market. Now she needs to find a lender to become prequalified for a mortgage. By doing so, Mischa will know how much she has to spend on a house.
Division P of Launch Corporation has the capacity for making 78,500 wheel sets per year and regularly sells 63,500 each year on the outside market. The regular sales price is $135 per wheel set, and the variable production cost per unit is $93. Division Q of Launch Corporation currently buys 33,500 wheel sets (of the kind made by Division P) yearly from an outside supplier at a price of $125 per wheel set. If Division Q were to buy the 33,500 wheel sets it needs annually from Division P at $115 per wheel set, the change in annual net operating income for the company as a whole, compared to what it is currently, would be:
Answer:
$295,000
Explanation:
Calculation to determine what the change in annual net operating income for the company as a whole, compared to what it is currently, would be:
Price paid by Division Q for 33,500 wheel sets: $4,187,500
(33,500*$125 per)
Less: Cost for Division P to produce 33,500 wheel sets × $93 per wheel set ($3,115,500)
Less: Lost profit for Division P to cut back sales to the outside ($777,000)
[($135 per wheel set − $93 per wheel set) × ( 78,500 wheel-63,500-33,500=18,500wheel sets):
Change in net annual operating income for the company as a whole $295,000
($4,187,500-$3,115,500-$777,000)
Therefore the change in annual net operating income for the company as a whole, compared to what it is currently, would be:$295,000
do you still have to pay the PS plus even though you have Auto-renew off?
Answer:
if u want to
Explanation:
How will $9.82 in change be given from a $20.00 bill?
$10 bill__
$5 bill__
$1 bill__
Quarter__
Dime__
Nickel__
Penny__
answer choices for the blanks are 0, 1, 2, 3, 4
Answer:
1 $10 bill
1 Dime
1 Nickel
3 Pennies.
Explanation:
Manual Company sells goods to Nolan Company during 2017. It offers Nolan the following rebates based on total sales to Nolan. If total yearly sales to Nolan are 10,000 units, it will grant a rebate of 2.00%. If it sells up to 20,000 units, it will grant a rebate of 4.00%. If it sells up to 30,000 units, it will grant a rebate of 6.00% In the first quarter of the year, Manual sells 11,000 units to Nolan at a sales price of $110,000.00. Manual, based on past experience, has sold over 40,000 units to Nolan per year. Based upon the above information, what amount should Manual record as revenue based upon both the net and gross method? (check figure: gross method sales revenue $107,800.00)
Answer: See explanation
Explanation:
Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:
= $110,000 - (2% × $110,000)
= $110,000 - (0.02 × $110,000)
= $110,000 - $2200
= $107800
Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:
= $110,000 - (6% × $110,000)
= $110,000 - (0.06 × $110,000)
= $110,000 - $6600
= $103400
Other than the requirement that has been
describe Two other criteria that are in
bachelor degree studies
021
Answer:
point system
Explanation:
need credentials and lots of point being that there's a point system
The two requirements for getting admitted to study for a Bachelor's Degree are:
Some schools usually administer admission tests or exams. This is true for Universities where admission is very competitive. When a student passes these exams, it increases their chances of getting admitted.
Extracurricular Activities and AdmissionMany colleges in the US see sports (especially basketball) as one of the strategies that help them remain relevant. Such schools, during admission, will favor students who are exceptionally talented in such sports or their preferred extracurricular activity.
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Help need ASAP!
Anita wants to start an online business and not use her real name. What type of form will Anita need to complete when opening a business?
A. Franchise
B. DBA (doing business as)
C. Trademark
D. Corporation
Answer:
C. Trademark
Explanation:
.
Unlike savings accounts, banks expect people to make frequent withdrawals and deposits to checking accounts.
True
False
Answer:
true
Explanation:
Whether to see your charges every withdrawals and deposits you make
A company faces two kinds of risk. An example of a firm-specific risk is the risk that a competitor might enter its market and take some of its customers. An example of a market risk is the risk that the economy might enter a recession, reducing sales. True or False: The company's shareholders would more likely demand a higher return due to the stock's firm-specific risk because it affects only that particular stock.
Answer:
true
FALSE
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
Non systemic risk are risks that can be diversified away. they are also called company specific risk. Examples of this type of risk is a manager engaging in fraudulent activities.
Which of the following activities is not associated with the final stage of production? *
1 point
A. Distribution of goods to final consumers
B. Exchange of goods between buyers and sellers
C. Marketing of goods and services to prospective customers
D. Sourcing of raw materials
E. Warehousing of manufactured
Answer:
the answer is sourcing of raw materials
it depends if it is direct or indirect
[ANSWERED] Complete the sentence about a presentation delivery method.
A(n) ____ allows you to transmit your presentations over the Internet using ____.
A WEBCAST allows you to transmit your presentations over the Internet using STREAMING TECHNOLOGY.
lmk if this works
Answer:
Explanation:
A Presentation software allows you to transmit your presentation over the internet using CDs
Answer:
A WEBCAST allows you to transmit your presentations over the Internet using STREAMING TECHNOLOGY.
Explanation:
Use the following to answer the questions. Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands. Refer to Scenario 12.3. Ray-Ban's plan of gathering information about the other brands sold in department stores, including their prices, would most likely be used in a ____ basis for pricing.
Answer: Demand based pricing
Explanation:
Ray-Ban's plan of gathering information about the other brands sold in department stores, which includes their prices, would most likely be used in a demand based basis for pricing
Demand-based pricing, refers to the method of pricing whereby the fluctuations in the demand of consumers is considered.
Due to the flctuations, the prices are adjusted in a way that fits the changes in the values of the product.
1. Which of the following is a dynamic industry covering a wide range of
job roles?
A. Bread and Pastry C. Handicrafts
B. Food and Beverage Service D. Public Director
________ 2. Which is not one of the main goals of Food and Beverage Services?
A. Impart value for money.
B. Promotes the heritage of a country with the use of
indigenous materials and it preserves traditional knowledge and
talents.
C. Provide friendly and welcoming atmosphere.
D. Provide professional, hygienic, and attentive service.
________ 3. Which job titles is similar to Wine maker?
A. Cookbook Author C. Line Chef
B. Food Entrepreneur D. Vineyard Manager
________ 4. Which of the following is NOT the primary duties of Chef?
A. Formulating original recipes
B. Overseeing kitchen management
C. Preparing meals
D. Satisfying patron requests in a timely manner
________ 5. Which career role includes overseeing the entire facility from the
accommodation to food services and be involved in many operations?
A. Baker C. Food and Beverage owner/manager
B. Chef D. Pastry artist
________ 6. Which job title is not similar to Service crew?
A. Bartender C. Front Desk Clerk
B. Culinary Historian D. Housekeeper
________ 7. Which career functions include creating new food and beverage
products, improving food processing methods and performing research for food
manufacturing companies?
A. Clinical Dietician C. Research Chef
B. Food Photographer D. Waiter
________ 8. Which is true about Food and Beverage Services?
A. Contributes a great deal to the profits in hospitality industry
B. Produce things with hands to meet the needs of the people in their
locality without using machines.
C. Refers to the grain-based food industry
D. Transformation of agricultural products into food, or of one form
of food into other forms.
________ 9. Which job title is similar to Food Photographer, Public Relations
Director and Social Media Specialist?
A. Culinary art instructor C. Restaurant Publicist
B. Nutritionist D. Wine Maker
________ 10. Which of the following job titles is included in unique careers?
A. Chef C. Food and Beverage Manager
B. Culinary Arts Instructor D. Service Crew
2=C because we don't produce beverages and food to welcome friends
Match the financial institution with its definition.
1. Brokerage Firm
2. Credit Union
3. Bank
a. An organization chartered by either the state where it is headquartered or by the federal government.
b. A non-profit company that is owned by its stockholders and provides checking accounts and other financial services.
c. A business where stocks, bonds or mutual funds are sold. They can be found in your hometown or on the internet.
Answer:
1. C
2. B
3. A
Explanation:
a. Bank: An organization chartered by either the state where it is headquartered or by the federal government.
A bank is said to be federally chartered when it is appropriately authorized and regulated by the federal government of a country with recourse to statutory laws but not the state government. Some examples of federally chartered banks are Wells Fargo Bank, Bank of England, Swiss National Bank, Citizen National Bank, Bank of Japan, PNC Bank, First National Bank, U.S. Bank, Reserve Bank of Australia, etc.
b. Credit Union: A non-profit company that is owned by its stockholders and provides checking accounts and other financial services.
A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks.
Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.
c. Brokerage Firm: A business where stocks, bonds or mutual funds are sold. They can be found in your hometown or on the internet.
Which type of manager would most likely be responsible for researching customers' purchasing habits?
A. Operations manager
B. Marketing manager
C. Finance manager
D. Human resources manager
If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?
A) $8.25
B) $8.45
C) $7.55
D) $7.45
In the month of June, a department had 20,000 units in beginning work in process that were 70% complete. During June, 90,000 units were transferred into production from another department. At the end of June there were 10,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. The equivalent units of production for conversion costs for June were
Answer:
Equivalent units of production for conversion costs for June were :
104,000 units - Weighted Average Cost method
90,000 units - FIFO method
Explanation:
If Weighted Average Cost method is used for this question.
Conversion Costs
Units Completed and Transferred (100,000 x 100%) 100,000
Units In Ending Work In Process (10,000 x 40%) 4,000
Total Equivalent units of production 104,000
If FIFO method is used for this question.
Conversion Costs
To finish Opening Work In Process (20,000 x 30%) 6,000
Started and Completed (80,000 x 100%) 80,000
Units In Ending Work In Process (10,000 x 40%) 4,000
Total Equivalent units of production 90,000
On March 5 PV Inc purchased $3,300 worth of merchandise from Panther Supply with the terms 2/10,n/30 On March 14, PV Inc paid Panther Supply the amount owed less the discount. Show the journal entry for March 5 and March 14 a
Quotes to say your paper airplane is the best?
Answer:
my paper airplane is the best .
Explanation:
Which of the following statements concerning service guarantees is FALSE? A service guarantee is a mechanism to build customer loyalty. A service guarantee is a way to avoid compensating customers for a service failure. A service guarantee is a tool to clarify exactly what the service must provide. A service guarantee is a way to define a service and ensure satisfactory delivery to the customer.
Answer:
A service guarantee is a way to avoid compensating customers for a service failure.
Explanation:
Environmental scanning is conducted only when a new business is opened. True or False?
Which examples best demonstrate likely tasks for Manufacturing Production Process Development workers? Check all that apply.
Edward identifies the problem with an engine and repairs it.
Harvey inspects a manufacturing plant for safety hazards.
Charlotte loads materials into a machine for processing.
Wayne gathers customer feedback to incorporate it into a product’s design.
Domenica writes instructions for how to build a product.
Erin uses CAD software to make a model of a product she is designing.
Answer:
4,5,6
Explanation:
Answer: The person above me is correct :)
Explanation: edge
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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Compare these two sections of resumes. Which is more appropriate? a. - Completed nine-hour training course • Ran simulation software, • Used test probe to test over one hundred parts - Started a test plan document. b. Completed nine-hour training course • Ran simulation software • Used test probe to test over one hundred parts • Started a test plan document JURG Fil, Ir. Ob a
Answer:
the second one
Explanation:
name and explain two factors that contribute to a detrimental relationship?
Answer:
The two factors that contribute to a detrimental relationship are infidelity and lack of communication. Further Explanation: Detrimental relationship is a type of harmful relationship that may hurt a person in a relationship. Detrimental is something that has a damaging and harmful effect on someone or something
Explanation:
An employee who works from home is participating in what activity?
Answer:
TELECOMMUTING
Explanation:
In which of the following professions did the top 10% of earners make less than $100,000 in 2012?
A. Graphic designers
B. Copywriters
C. Market research analysts
D. Advertising sales agents
explain the role of the board of directors in a public company.provide four points
Answer:
A group of people who make decisions that determine the future of a company.
Explanation:
Board of Directors are basically the ones calling all the shots in a company. They decide all the major decisions relating to their business and it could affect every employee and employer of the company. They can decide anything from who gets fired and who stays on their team to new ways to produce the product that they sell.
Hope this helps.
In a model with two large open economies, the world real interest rate is such that A. desired international lending by one country equals desired international borrowing by the other country. B. desired international borrowing will be the same in both countries. C. desired international lending will be the same in both countries. D. desired international lending and borrowing will be zero in both countries.
Answer:
A. desired international lending by one country equals desired international borrowing by the other country.
Explanation:
Rate of return can be defined as the percentage of interest or dividends earned on money that is invested.
In Financial accounting, a return refers to the amount of profit generated by an investor on an investment over a specific period of time.
Basically, the rate of return which is typically expressed as a percentage of the initial costs of an investment can either be a gain or a loss on an investment. Therefore, a positive rate of return on an investment over a specific period of time, simply means that an investor is making a profit (gains) while a negative rate of return on an investment over a specific period of time, indicates that the investor is running at a loss.
In a model with two large open economies, the world real interest rate is such that desired international lending by one country equals desired international borrowing by the other country.
Thus, the willingness of one country to lend is met by an equal willingness of another country to borrow.
(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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