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1 year ago

Who will receive the vaccines if the university health center sells them for the $20.00 market price?

1 answer:

8 0

The students who will receive the vaccines if the University Health Center sells them for $20.00 are the students who will pay for them at that price.

<h3>Who will receive the vaccines?</h3>

The University Health Center has set a price of $20.00 for the vaccines which means that if a person wants a vaccine, they need to pay $20.

The people who will receive the vaccines therefore, are those students who are willing to pay for the vaccines at the price of $20.00.

Full question is:

University Health Center receives 500 flu vaccinations at the beginning of each flu season. Suppose they offer these vaccines for $20.00 each. Assume that college students have varying budgets, some have some money to spare, some are on a very tight budget. Some students have pre‑existing conditions, such as asthma and diabetes, that place them at high risk for the flu.

Who will receive the vaccines if the University Health Center sells them for this price?

the students who will pay for them at that price
the students who most need them the students with asthma and diabetes
the students who most want them

Find out more on market pricing at brainly.com/question/12960067.

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3 years ago

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False

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2 years ago

Grocery Corporation received $330,654 for 9.50 percent bonds issued on January 1, 2018, at a market interest rate of 6.50 percen

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Answer:

Explanation:

Issue price of bond = $330,654

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Premium on issue of bond = $330,654 - $272000 = 58654

Journal entry for bond issuance:

Cash Dr $330,654

Bonds Payable $272000

Premium on Bonds payable $58654

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Premium to be amortized on interest date = $25840 - $21492.5 = $4347.5 or $4348

Journal entry for interest payment on December 31:

Account Financial Issuance Interest paid

Statement

Bonds payable Balance Sheet 272000

Discount on Bonds payable NA NA NA

Interest expense Income Statement 0 21492.5

Premium on Bonds Payable Balance Sheet 58654 -3813

Note: Interest expense for the year:

Interest to be paid ($272000 * 9.5%) 25840

Less: Amortization of Premium (58654/6.5) 3813

Interest expense 21492.5

Journal entry:

Interest expense Dr. 21492.5

Premium on Bonds payable Dr. 3813

Cash Account 25306

Note: here, it has been premium has been written on Straight line basis.

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