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Anna71 [15]
4 years ago
7

You have lunch with a friend who was recently promoted to a management position. “congratulations!” you say. but she looks at yo

u and says, “i’m not so sure.”
Business
1 answer:
ycow [4]4 years ago
6 0
<span>I look at her curiously after hearing her response before proceeding to respond, "Why aren't you? I thought you getting promoted was a sure thing from the last time we talked and I even overheard some of your bosses talking about it when I came to pick you up the other day." I questioned.</span>
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Pharoah Inc. has decided to raise additional capital by issuing $173,000 facevalue of bonds with a coupon rate of 6%. In discuss
Ira Lisetskai [31]

Answer:

a.                                               Debit         Credit

Cash                                       $174,600

Discount on bond payable   $18,941

        Bonds Payable                                  $173,000

        Paid -in Capital - Stock Warrants    $20,541

<u>Workings</u>

Market value of Bonds        155,700

Market value of Warrants    <u>20,760</u>

Total market value               176,460

Value assigned to Bonds = 174,600 / 176,460 * 155,700 = 154,059

Value assigned to Warrants = 174,600 / 176,460 *20,760 = 20,541

b.                                              Debit       Credit

Cash                                        $174,600

Discount receivable                                 $1,600

         Bonds Payable                                $173,000

5 0
4 years ago
Dimon Products' sales are expected to be $5 million this year, with 90% on credit and 10% for cash. Sales are expected to grow a
spin [16.1K]

Answer:

given statement is false

Explanation:

increase in sale = 10 %

so here total sale is

sale = $5 million + 10%

sale = $5.5 million

and

cash sale is

cash sale = $5.5 million × 90%

cash sale = $4.95 million

so

credit sale is here as

credit sale = $5.5 million - $4.95 million

credit sale = $0.55 million

so here credit sale 0.5 million increased to 0.55 million

so 10% increase

hence regardless increase in cash sale is increase

so given statement is false

4 0
4 years ago
A tradable permit system: Group of answer choices
Alex787 [66]

Answer:

C.

Explanation:

Achieves a given amount of pollution reduction at the least cost  because firms with lowest marginal abatement costs do most of the reduction.

6 0
3 years ago
You have purchased a U.S. Treasury bond for $3,000. No payments will be made until the bond matures 10 years from now, at which
ruslelena [56]

Answer:

rate = 5.24 %

so correct option is d. 5.24%

Explanation:

given data

purchased bond initial amount = $3,000

Maturity amount = $5,000

time period = 10 years

to find out

interest rate  earn on this bond

solution

we know here initial amount and final amount with time period so

we will apply here Maturity amount formula that is

Maturity amount = initial amount × (1+rare)^{time}     .................1

put here value we get

Maturity amount = initial amount × (1+rare)^{time}  

5000 = 3000 × (1+rare)^{10}      

1.6667 - 1 = (rare)^{10}      

solve it we get

rate = 5.24 %

so correct option is d. 5.24%

4 0
3 years ago
Andrea is a single parent with two young children. She works as a librarian and leads a busy life. As a discerning consumer, wha
sammy [17]

I think it would be D

3 0
3 years ago
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