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3 years ago

Volunteers serving alcohol at a special event must

Business

1 answer:

mote1985 [20]3 years ago

3 0

Volunteers serving alcohol at a special event must

1) firstly, volunteers must be of legal age to serve alcohol at any event.

2) Volunteers must abide by all the rules and laws for alcoholic beverages in the state where an event will take place, for example, some states or cities may require the volunteer to get a one time permit to serve alcohol.

3) Volunteers must recognize signs of intoxication and professionally refuse or give any more alcohol to intoxicated persons.

4) Volunteers must observe the ages of the guest. It might be hard to ask guests for their ID, however, if in doubt request for ID before serving alcohol, and if in trouble, reach out to management, or your superior.

5) importantly, Volunteers must not serve alcohol to minors because this might land you in jail.

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Sanford Co. sells $500,000 of 10% bonds on March 1, 2020. The bonds pay interest on September 1 and March 1. The due date of the

Triss [41]

Answer:

ATTACHED file with the bonds schedule

Explanation:

First, we solve for the proceed from the issuance:

PV of the coupon:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 25,000.000 (500,000 x 10%/2)

time 7 (3 and a half year x 2 payment per year)

rate 0.06 (12% annual / 2)

$25000 \times \frac{1-(1+0.06)^{-7} }{0.06} = PV\\$

PV $139,559.5360

PV of maturity:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 500,000.00

time 7.00

rate 0.06

$\frac{500000}{(1 + 0.06)^{7} } = PV$

PV 332,528.56

PV c $139,559.5360

PV m $332,528.5568

Total $472,088.0928

Then we construct the bonds schedule as follows:

procceds 472,088

face value 500,000

discount on bonds payable -27,912

bond rate 0.05

market rate 0.06

ionterest expense: carrying value times market rate:

472,088 x 0.06 = 28,325.29

cash outlay 25,000

amortization 3,325.29

carrying value after first payment:

472,088 + 3,325.29 = 475,413.29

and the process repeat for all periods.

3 0

3 years ago

All of the money borrowed by the united states government over the years and still outstanding is called the national:

geniusboy [140]

<span>the national or federal debt consists of all the money borrowed over the years by the national government that is still outstanding. The national debt is the public and intragovernmental debt owed by the federal government. Two-thirds of the U.S. debt is the Treasury bills, notes and bonds owned by to the public. They include investors, the Federal Reserve, and foreign governments.</span>

4 0

4 years ago

With access to the Internet nearly universal in the United States, many potential market segments have become more perceptive. r

NeX [460]

Answer: reachable

Explanation:

It’s right trust me!

5 0

3 years ago

Mr. and Mrs. Garcia have a total of $100,000 to be invested in stocks, bonds, and a money market account. The stocks have a rate

Alexeev081 [22]

Answer:

Explanation:

Let y amount be invested in bonds

Let x amount be invested in money account

Let x amount be invested in stocks

x = y + 3x

10,000 = 12/100(y+3x) + 8/100*y + 4/100*x

10,000 = 12(y+3x) + 8y + 4x / 100

10,000 * 100 = 12y+36x + 8y + 4x

2500 * 100 = 3y + 9x + 2y + x

250,000 = 5y + 10x

50,000 = y + 2x.......................(1)

x + y + z = $100,000

y + 3x + y + x = $100,000

2y + 4x = 100,000

y + 2x = 50,000.......................(ii)

y = 50,000 - 2x

x = 50,000 + x

z = z

<u>2 Options are</u>

{(x,y,x), (x2,y2,z2)}

= (50000, 50000) (60000, 30000, 10000)

7 0

4 years ago

Lisa has $1,000 in cash today. Which one of the following investment options is most apt to double her money? A. 6 percent inter

Zepler [3.9K]

Answer:

D. 8 percent interest for 9 years

Explanation:

We would use the formula future value formula below to determine which of the investment options would double her money:

FV=PV*(1+r)^n

PV is the amount invested which is $1000

r is the interest rate expected to be earned while n is the number of years First option:

FV=$1000*(1+6%)^3

FV=$1,191.02

Second option:

FV=$1000*(1+12%)^5

FV=$1,762.34

Third option:

FV=$1000*(1+7%)^9

FV=$ 1,838.46

Fourth option:

FV=$1000*(1+8%)^9

FV=$2000

Last option:

FV=$1000*(1+6%)^10

FV=$ 1,790.85

8 0

3 years ago