Answer:
Stakeholder
Explanation:
The stakeholders are the people and group that has an interest in the company and it directly gains or suffered from the actions that are taken by the company
It involves various persons like employees, suppliers, investors, customers, government, unions, etc
Here in the given situation, the employee has a claim on the cash flows so this represents the stakeholder
A credit report is a detailed written document about a person’s credit history. The report contains personal information, anything found in public records, information from collection agencies, information about credit cards or loans, and a list of those who have requested a copy of the report.
Is the answer on edg
Answer:
Journal Entry to record the first interest payment
June 30, 2019
Dr. Interst Expense $19,979.32
Dr. Premium on Bond $1,620.68
Cr. Cash $21,600
Explanation:
First, we need to calculate the premium on bond amortization as follow
Premium on bond amortization = Coupon Payment - Interest Expense
Premium on bond amortization = ( $480,000 x 8% x 6/12 ) - ( $499,483 x 8% x 6/12 )
Premium on bond amortization = $21,600 - $19,979.32
Premium on bond amortization = $1,620.68
Answer:
C. a possible solution for the problem that the memo describes
Answer:
a. $28 per unit
b. 6,500 units
c. 25,000 units
Explanation:
a. The computation of the contribution margin per unit is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $40.50 - $12.50
= $28 per unit
b. The formula to compute the break even point in units is shown below:
= (Fixed expenses ) ÷ (Contribution margin per unit)
= ($182,000) ÷ ($28)
= 6,500 units
c. The formula is shown below:
= (Fixed expenses + target operating income) ÷ (Contribution margin per unit)
= ($182,000 + $518,000) ÷ ($28)
= 25,000 units
