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1 year ago

A city issues five-year bonds payable to finance construction of a new school. what recording should be made?

1 answer:

6 0

A city issues five-year bonds payable to finance construction of a new school Tax anticipation notes are recorded as liabilities in both the FFS and GWFS.

To account for bonds payable to finance value of long-lived belongings offered with particular funds. what is the cause of business enterprise budget To account for operations that offer offerings to other departments inside a central authority.

An organization fund identifies the overall direct and indirect prices to offer the carrier and the sources and amounts of sales that support the service for which a rate is charged in alternate for service.

Account for the ones styles of sales which might be legally limited to being spent for a selected motive besides for expendable trusts or main capital initiatives. those sales ought to be accounted for one by one from the general Fund for a ramification of reasons.

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Assume that you just won $35 million in the Florida lottery, and hence the state will pay you 20 annual payments of $1.75 millio

Rus_ich [418]

Answer:

$21.277 million

Explanation:

Data provided in the question:

Amount of lottery won = $35 million

Number of annual payments = 20

Amount of annual payment = $1.75 million

Interest rate = 6%

Now,

Present value of the payment = Payment × Present value factor

Also,

Present value factor = [1 + r]⁻ⁿ

Since the payment started immediately

Therefore,

Base year i.e n = 0

Thus,

we have

Year (n) Annual payment Present value

0 $1.75 million $1.75 million

1 $1.75 million $ 1.650943 million

2 $1.75 million $1.557494 million

3 $1.75 million $1.469334 million

4 $1.75 million $1.386164 million

5 $1.75 million $1.307702 million

6 $1.75 million $1.233681 million

7 $1.75 million $1.16385 million

8 $1.75 million $1.097972 million

9 $1.75 million $1.035822 million

10 $1.75 million $0.977191 million

11 $1.75 million $0.921878 million

12 $1.75 million $0.869696 million

13 $1.75 million $0.820468 million

14 $1.75 million $0.774027 million

15 $1.75 million $0.730214 million

16 $1.75 million $0.688881 million

17 $1.75 million $0.649888 million

18 $1.75 million $0.613102 million

19 $1.75 million $0.578398 million

Hence,

The present value of the winnings = ∑ Present value of payments

= $21.277 million

7 0

3 years ago

Is the concept of a team bonding through the subjugation and humiliation of some of its junior members valid, or do these behavi

NARA [144]

Team bonding through the subjugation of junior members is not valid. Junior members should be encouraged by the senior members to strive for the team, not belittled or humiliated in the process. Different people assume comradery in different ways, some through degradation or laughter, and others through positivity and cohesiveness, but subjugation and humiliation should never be a factor when building teams, especially in today’s society since we live in such a diverse culture in this country. If an organization relied on humiliating banter in order to form a collective unit, then it shows that the organization is less cohesive and reflects poor management and leadership skills within the organization.

3 0

3 years ago

The median annual household income in a certain community of 21 households is $50,000. If the mean income of a household increas

Ostrovityanka [42]

Answer:

answer is Cannot be determined

Explanation:

given data

household income = $50,000

increases = 10% per year

time = 2 year

solution

as we know that here mean is increase by 10 percentage

but from the mean percentage increase in does not meaning that it will increase median also with same percentage

because median also increase by some percentage if data is move up

but we can not say it will move with same percentage

so here answer is Cannot be determined from given data

5 0

2 years ago

When the economy is on the short-run aggregate supply curve and to the left of the long-run aggregate supply curve, actual aggre

Colt1911 [192]

Answer:

Nominal salaries decrease and the short term aggregate goes up to the right.

Explanation:

Companies normally make decisions about the amount of supplies in which they invest according to the profits that they expect to obtain in the future according to the variables of their economic activity. The profits for the company will be also determined by the price of the products or services the company trades and the price of the supplies necessary for such activities.

6 0

3 years ago

An email message that appears legitimate arrives in your inbox from your bank and asks you to click on a link in the message and

Whitepunk [10]

The answer is Phishing attack

6 0

3 years ago