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Anna [14]
4 years ago
5

Harmony is defined as the simultaneous combination of –, which results in intervals and –

Business
1 answer:
HACTEHA [7]4 years ago
4 0
Harmony is defined as the simultaneous combination of notes<span>, which results in ensuing relationships </span><span>of </span>intervals<span> and chords. Harmony usually produces a pleasing sound to the ears, because of the combination of simultaneously sounded musical notes. With the good relationship of intervals and chords, a musician can simply produce a harmonic sound.</span>
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1. Prepare journal entries to record the following hypothetical 2006 events:a. A customer deposits $50,000 in WaMu savings accou
BARSIC [14]

Answer:

1. A. Dr Cash 50,000

Cr Customers Saving Account 50,000

B.Dr Interest Expense 125

Cr Cash 125

C. Dr Loan Receivables 50,000

Cr Cash 50,000

D. Dr Interest Receivables 750

Cr Interest Income 750

2. $625

Explanation:

Answer and Explanation:

1. Preparation of journal entries

a. In a situation where A customer made deposits of the amount of $50,000 in WaMu savings account on 1/1/2006 the Journal entry will be:

Dr Cash 50,000

Cr Customers Saving Account 50,000

(Being to record the deposit from customers)

b. In a situation where WaMu pays a 1% as annual interest on the deposit on 3/31/06 the journal entry will be:

Dr Interest Expense 125

(50,000*1%*3/12)

Cr Cash 125

(Being to record the payment of interest Expense)

c. In a situation where WaMu lends out the

amount of $50,000 to another customer the Journal entry will be:

Dr Loan Receivables 50,000

Cr Cash 50,000

(Being to record the receivable lent to customers)

d. In a situation where WaMu accrues interest on this date 3/31/06 the journal entry will be:

Dr Interest Receivables 750

(50,000*6%*3/12)

Cr Interest Income 750

(Being to record the interest accrued)

2. Calculation for How much net interest income (profit) did WaMu earn in the first quarter

First step is to calculate the Net Interest Rate

Interest Rate on Receivables 6%

Less Interest Rate on Payable 1%

Net Interest Rate 5%

Second Step will be to calculate the Annual Net Interest

Using this formula

Annual Net Interest=Principal *Net Interest Rate

Let plug in the formula

Annual Net Interest=50,000*5%

Annual Net Interest= 2,500

Last step is to calculate the first quarter net interest income

Using this formula

First quarter net interest income=Time*Annual Net Interest

Let plug in the formula

First quarter net interest income= 3/12*2,500

First quarter net interest income= $625

Therefore the First quarter net interest income will be $625

7 0
3 years ago
AMC Corporation currently has an enterprise value (EV) of $400 million and $100 million in excess cash. The firm has 10 million
algol [13]

Answer:

a. AMC's share price prior to the share repurchase is $ 50 per share

b. AMC's share price after the repurchase if its enterprise value goes up is $75.00 per share

Explanation:

a. In order to calculate AMC's share price prior to the share repurchase we would have to make the following calculation:

AMC's share price prior to the share repurchase=Market Capitalization/Number of shares outstanding

According to the given data Number of shares outstanding=10 million shares

Market Capitalization=Enterprise Value + Cash in Hand

Market Capitalization=$400 million + $100 million

Market Capitalization=$500 million

Therefore, AMC's share price prior to the share repurchase=$500 Million / 10 million shares

AMC's share price prior to the share repurchase= $ 50 per share

b. To calculate AMC's share price after the repurchase if its enterprise value goes up we would have to make the following calculation:

AMC's share price after the repurchase if its enterprise value goes up=Market Capitalization/Number of shares outstanding after repurchase

According to the given data After the share repurchase, news will come out that will change AMC's enterprise value to $600 million, hence, Market Capitalization=$600 million

Number of shares outstanding after repurchase=Number of shares outstanding-Number of shares repurchased

Number of shares repurchased= Cash used for repurchase / Market Price per share

Number of shares repurchased=$ 100 million / $ 50 per share

Number of shares repurchased= 2 million shares

Hence, Number of shares outstanding after repurchase=10 million - 2 million

Number of shares outstanding after repurchase=8 million

Therefore, AMC's share price after the repurchase if its enterprise value goes up=$600 million/ 8 million

AMC's share price after the repurchase if its enterprise value goes up=$75.00 per share

5 0
3 years ago
Roe's Renovations utilizes the direct write-off method of accounting for uncollectible receivables. On September 15 the company
Nady [450]

Answer:

The correct options are C and A

Explanation:

Under the method of direct write off of the accounting for uncollectible receivables, the journal entry should be recorded in the books is as follows:

On September 15

Bad debt expense A/c.................................... Dr      $675

     Accounts receivable- Jacob Marley A/c........Cr    $675

When the company is notified of the bankruptcy of the Jacob Marley, then the above following entry is to be recorded as the bad debt expense, got increases and any increase is debited. Therefore, the account of bad debt expense is debited. And the balance of the accounts receivable of Jacob Marley has been reduced because the amount is unrecoverable so any decrease is credited. Therefore, the account of accounts receivable of Jacob Marley is credited.

7 0
3 years ago
Suppose that a particular artillery piece has a range r = 4000 yards . find its range in miles. use the facts that 1mile=5280ft
Nady [450]

Any single quantity in the world can be interpreted in better than one way.  Unit conversion is a method by that we can go back and forth between various units.

<h3> Unit conversion </h3>

Given:

R=9,350 ydR=9,350 yd is the range in yards

Since we want the content in miles here, we will be utilizing the conversion factor:

1 mi=528 ft1 mi=528 ft

3 ft=1 yd3 ft=1 yd

So to do a unit conversion process, we say these conversion factors as a particle that equals 11.  We describe this concept in this precise conversion:

R=9,350 yd(3 ft1 yd)(1 mi528 ft)R=9,350 yd(3 ft1 yd)(1 mi528 ft)

We set up our conversion factors here as particles that equal 11. We set the units up in such a way that they can balance each other out:

We will thus get:

R=53.125 mi

To learn more about the  Unit conversion visit the link

brainly.com/question/4736731

#SPJ4

7 0
2 years ago
Once the basic necessities have been achieved, future income is only lightly connected to well-being. democrats generally seek t
Aleksandr-060686 [28]

This is a loaded political question. But I think the question is trying to get you to think about who is doing the best for society as a whole and who is thinking about doing what's best for them.

However, some would argue that doing what's best for yourself will also lead to the greater good of society, but I think this question (as unfair as it may be), is leading you to say that democrats are more concerned with achieving broad happiness and republicans are concerned with fulfilling selfishness.

5 0
4 years ago
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