Answer: c. Uniform Guidelines on Employee Selection Procedures
Explanation:
The Uniform Guidelines on Employee Selection Procedures is like a one stop for the knowledge the President of the company seeks. Adopted after Congress passed the Civil Rights Act of 1964, it provides assistance to employers, labor organizations, employment agencies, and licensing and certification boards to comply with requirements of Federal law.
They also apply to all selection procedures used to make employment decisions from interviews to evaluation of performance.
It's a very insightful read really.
Answer:
C. households, firms, and the government.
Explanation:
In the actual economy, goods and services are purchased by households, firms, and the government.
Answer:
The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.
Explanation:
This question is an instance of bonds issued at a discount. This happens when a bond is issued below the face value of the bond and also happens when the coupon rate on the bond payable is less than the market rate.
The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.
So, the appropriate journals to record this transaction is as provided above.
The three factors used to determine a company’s credit rating are its current ratio, its debt-to-equity ratio, and its interest coverage ratio.
<u>Explanation:</u>
- A credit rating comes in the list of the company’s annual performance targets. It helps to decide the company’s current year progress.
- A company’s debt-to-equity ratio is used to know the debt of a company as compared to the total equity. If this ratio is high, the company is taking on much debt.
- The current ratio marks a way to compute the liquidity of the company. It shows how well a firm is placed to meet the short term obligations. Broadly, a 2-1 ratio is considered a good ratio.
- The interest coverage ratio tells how well the company may pay its future loan payments. If the ratio is higher than 3-to-1, it suggests that the company is in a good position to make future payments.
