Answer and Explanation:
1. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
July 23 Cash $64,680
Sales discount 1320
Accounts Receivable 66,000
2. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
August 15 Cash $66,000
Accounts Receivable 66,000
Raven can communicate the new company mission statement & goals, as well as the new department goals and action plans to employees through:
- a visual aid at the employee meeting
- a update mission statement and goals document.
<h3>
What is a mission statement?</h3>
This is the document that outlines the overall purpose of an organisation and its reason for existing.
It contains the concise explanation of the organization's reason for existence, purpose and its overall intention. It is structured to supports the vision and serves to communicate purpose and direction to employees, customers, vendors and other stakeholder
However, Raven can communicate the new company mission statement & goals, as well as the new department goals and action plans to employees through a visual aid at the employee meeting and a update mission statement and goals document.
Missing words "How can Raven communicate the new company mission statement and goals, as well as the new department goals and action plans to employees? Provide at least two specific examples of actions she can take."
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Answer:
4.20%
Explanation:
The zero-coupon bond now 14 years left before maturity,which means that we need to compute the price with 14 years maturity and interest rate of 9% per year in order to determine the total return on the bond over a year period.
Price of the bond=present value of face value of $1000
9% annually while 4.5% is the semiannual yield
the bond has 28 semiannual periods in 14 years
price of the bond today=$1000/(1+4.5%)^28=$291.57
return over a year=($291.57-$279.83)/$279.83=4.20%
The answer to this question is Convertible Term Insurance.
Convertible Term Insurance is a type of insurance where in the policy holder
can change a term policy for a whole policy without doing the medical
examination that is required to new application of plans. Term insurances is an
insurance that has a limited coverage period but it can be renewed and can be
convertible to permanent life insurance when the plan is already matured.
Answer:
$21,800.
Explanation:
($200,000 * 0.10 * 6/12) = 10,000 = Semiannual interest
($200,000 - $191,000) = 9,000
(9,000 / 10) = 900 = Discount on bonds payable
(10,000 + 900) = 10,900= Semiannual interest expense
(10,900 * 2) = 21,800 = Year interest expense
