Answer: Debit: Interest expense $9900
Debit: Premium on bonds payable $540
Credit: Cash $10440
Explanation:
First and foremost, the cash payment will be calculated as:
= $174,000 × 12% × 6/12
= $174,000 × 0.12 × 0.5
= $10440
Interest expenses will be calculated as:
= $180000 × 11% × 6/12
= $180000 × 0.11 × 0.5
= $9900
Therefore, the journal entry to record the first interest payment would be:
Debit: Interest expense $9900
Debit: Premium on bonds payable $540
Credit: Cash $10440
Answer:
There are some important characteristics of frequency distribution. They are as follows: Measures of central tendency and location (mean, median, mode) Measures of dispersion (range, variance, standard deviation)
Explanation:
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Generic drugs are copies of brand-name drugs that have exactly the same dosage, intended use, effects, side effects, route of administration, risks, safety, and strength as the original drug. In other words, their pharmacological effects are exactly the same as those of their brand-name counterparts.
Answer:
Redistribution or income redistribution
Explanation:
Income redistribution or redistribution is a economy practice aimed to balance the distribution of income in a society though strategies or mechanisms which allow transferring of incomes from high-income earners to those with lower incomes.
As was mentioned before, there are some strategies such as progressive taxation to make the income redistribution, which consists of people with higher incomes pay higher taxes and low income earners pay a lower tax rate.
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When asked whether customers influenced his designs for automobiles, Henry Ford said that if he had asked his customers what they wanted, they would have asked for "faster horses."
Henry Ford was a renowned businessman and founder of Ford Motor Company. His company began making cars when horses and carts were the major means of road transportation.
Thus, due to his success in car manufacturing, people ask him whether customers influenced his designs for automobiles.
Henry Ford replied that if he had asked his customers what they wanted, they would have asked for "faster horses."
This line of the quote has become one of the guiding principles in product research.
Hence, in this case, it is concluded that sometimes, consumers' or end-users response is not a yardstick to make the product.
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