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NISA [10]
3 years ago
8

For a municipal revenue bond the opinion rendered by the bond counsel would attest to

Business
1 answer:
Ne4ueva [31]3 years ago
4 0

I believe the answer is: the legality of the issue

The bound counsel is the group or individual that is hired by the issuer to act on their behalf during the transaction. The bound counsel's main duty is to make sure that both the issuer and the buyer of the bonds are legally bound to fulfil their obligations after the maturity date.


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During a meeting, Tammy, a branch manager for USA Bank, pointed to the corporate organization chart on the wall. Tammy remarked
Sophie [7]

Answer:

Line Managers; Staff Personnel

Explanation:

During a meeting, Tammy, a branch manager for USA Bank, pointed to the corporate organization chart on the wall. Tammy remarked that "These people provide advice, recommendations, and research for us, and they are indicated with a dotted line. Laura (our CEO) and the vice presidents of our organization are up here, indicated on the organization chart by a solid line vertical line." Line Managers are indicated on the organization chart by a solid line __, and Staff Personnel are indicated by a dotted line.

4 0
4 years ago
You are interested in purchasing a new automobile that costs $33,000. The dealership offers you a special financing rate of 9% a
Ghella [55]

Answer:

$685

Explanation:

<u>Workings</u>

Cost of new automobile = $33,000

Financing rate  = 9%/ annual or 0.75 / month

Period of payment = 60 months

1st month payment = (33000/60 ) + (33000*0.75%)

550+247.5 = 797.5

Closest amount here is $685

5 0
4 years ago
On January 1, 2021, Gundy Enterprises purchases an office building for $305,000, paying $55,000 down and borrowing the remaining
wel

Answer:

1.                           Debit           Credit  

1/1/2021

Buildings  $305,000    

Cash              $55,000  

Mortgage payable      $250,000

2. Date     Cash paid interest  expense decrease in CV Carrying value          

1/1/2021                                                                 $250,000    

1/31/2021     $3,166.89    $1875.00         $1,291.89      $248,708.11    

2/28/2021   $3,166.89    $1865.31         $1301.58             $247,406.53

3 a.                           Debit Credit  

12/31/2021

interest expense   $1,875    

mortgage payable   $1,291.89    

cash                        $3,166.89

3 b. The amount of firts payment that goes to interest expense is 1,875 and to reduce the cv is $1,291.89

Explanation:

1. The purchase of the building on January 1, 2021 would be record as follows:

                         Debit           Credit  

1/1/2021

Buildings  $305,000    

Cash              $55,000  

Mortgage payable      $250,000

2. The first three rows of an amortization schedule would be as follows:

Date     Cash paid interest  expense decrease in CV Carrying value          

1/1/2021                                                                 $250,000    

1/31/2021     $3,166.89    $1875.00         $1,291.89      $248,708.11    

2/28/2021   $3,166.89    $1865.31         $1301.58             $247,406.53

3 a. The first monthly mortgage payment on January 31, 2021 record would be as follows:

                         Debit Credit  

12/31/2021

interest expense   $1,875    

mortgage payable   $1,291.89    

cash                        $3,166.89

3 b.  

The amount of firts payment that goes to interest expense is 1,875 and to reduce the cv is $1,291.89

7 0
3 years ago
To develop an effective control system, it must be related to the organizational strategy. Yes or no.
Georgia [21]

Answer:

yes

Explanation:

because in order for everything to be organized you need to know how the system is running

8 0
3 years ago
Based on this module's readings and your own independent research, develop a listing of what you believe are the most important
steposvetlana [31]

Answer:

The definition becomes defined in the clarification section below, as per the particular circumstance.

Explanation:

<u>Meeting customer expectation</u>:

  • This metric of success would reflect just how much the clients are represented. It will represent the quality of the service of the business and will provide them with crucial input. This metric would help the organization address the trouble areas. If the degree of customer loyalty rises, sales will also rise because more and more clients enjoy the company’s products or services.
  • This would also show the pattern of clients as well during the company's measures to handle the issue.

<u>Productivity</u>:

  • This is a significant parameter that indicates how much is expended on activities and whether the business gets in exchange. It extends from financial return with the introduction of new goods from marketing and distribution activities to return on invested capital. Productivity is closely linked to organizational financial efficiency.
  • When productivity rises, profits rise as well. In terms of their historical and present performance, data analytics can help to decide how and why the multiple fields work.

<u>Cash flow</u>:

  • It explains how well the cash flows within and without the organization. If the business later collects reimbursement from consumers but earlier pays its vendors, then it suggests significant operating inefficiency.
  • These efficiencies should be worked out by the organization to minimize operational expenses and preserve favorable cash flow to boost the company's financial well-being.
6 0
3 years ago
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