Answer: pay off all of credit card A, and $206 of credit on card B. transfer the remaining balance of credit card B to the new card
Explanation:
Explanation:
This statement is correct. In reference to organizations, we can say that environmental management is increasingly a requirement for stakeholders when relating to a company, so there is an exponential growth of companies that seek to adopt more sustainable parameters in their production processes in order to reduce their impacts by environment to thus demonstrate to consumers and investors a company image that is concerned with positively developing society.
So there are some barriers that make the adoption of environmental processes more difficult in organizations, such as the difficulty of measuring environmental impacts, since many factories pollute the air in their production processes, for example, which is a factor that is difficult to measure.
The companies' focus then is to significantly reduce these impacts, and not just quantify them, this can be done through environmental programs, such as the Environmental Management System and ISO 14000 standards, which standardize processes and provide policies and procedures for the organization to adapt and achieve continuous improvement in its processes that contribute to the improvement of the environment as a whole.
Answer:
<em>April 15</em>
Dividends $65,000 (debit)
Shareholders for Dividends $65,000 (credit)
Being Dividends proposed to Shareholders
<em>May 20</em>
No Entry
<em>June 14</em>
Shareholders for Dividends $65,000 (debit)
Cash $65,000 (credit)
Being payment of dividends to outstanding shareholders
Explanation:
Journal entries and narrations are provided above.
Dividend Calculation = 100,000 shares × 65 cents
= $65,000
Note : On 20 May no entry must be made. On this day the directors determine the number of stocks outstanding for dividends.
Answer:
A. $5,000
Explanation:
Reciprocal interfund activity includes interfund loans and interfund services provided and used. Nonreciprocal transfers include interfund transfers to establish a new fund and routine interfund reimbursements.
Billing by the internal service fund to a department financed by the general fund for services rendered for $5,000 is the only transaction meeting the definition of a reciprocal interfund activity.
Based on the details given, the following are true:
- a. Value of bond = $806.09
- b. Your friend should invest in the bond with $1,000 face value
<h3>Value of Bonds </h3>
First find coupon:
= 10% x 1,000
= $100
Bond A
<em>= (Coupon x Present value interest factor of annuity, 13%, 15 years) + Face value of bond / ( 1 + 13%)¹⁵</em>
= ( 100 x 6.462) + (1,000 / 1.13¹⁵)
= $806.09
Bond B
= Face value - Current value
= 1,000 - 180
= $820
In conclusion, Bond B is overvalued so your friend should pick Bond A.
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