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miskamm [114]
3 years ago
9

Includes stocks, bonds, and mutual funds

Business
1 answer:
mote1985 [20]3 years ago
6 0

These are types of <u>investments</u>. If this is not your complete question please update your post to get a more detailed answer!

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Mountaintop Sports Inc. issued $200,000 of 10-year, 6% bonds, with interest payable semiannually on June 30 and December 31 each
SCORPION-xisa [38]

Answer:

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

Explanation:

In order to calculate the amount should be recorded as interest expense in the journal entry made each six months, we have to calculate the interest annually with the following formula according to the given data:

interest annually=Issue Price of Bond×rate of interest

                           =$200,000 ×6%

                           =$12,000

Therefore, the interest semiannually would be calculated as follows:

interest semiannually=$12,000/2=$6,000

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

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3 years ago
I am not good at math, please help all grades are due monday
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3 years ago
Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to proudcts. Mnaufacturing over
tatyana61 [14]

Answer:

2040.

Explanation:

To reach the total manufacturing cost we need to calculate machining and assembling overhead rate first, in order to calculate the rate we need to divide manufacturing overhead cost on number of hours

Machining OH rate = 280000 / 50000 = 5.60  

Assembling OH rate = 360000/40000 = 9.00

 

manufacturing cost:    

                    machine Assembly Total  

Material  425                175             600  

labor               275                300             575  

Overhead                                                 865  

(50*5.60)       280

(65*9)             585            

Total cost                                               2040  

5 0
3 years ago
Similar Occupations to a singer
dsp73

Answer:

Sound editer, rapper, Beat boxer,

Explanation:

Mark me brainiest

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3 years ago
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What is the meaning of delegation? A. assigning the responsibility of completing a task to another B. being active C. being sinc
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The answer is A assigning the responsibility of completing a task to another

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