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Nana76 [90]
3 years ago
13

The City of Twizzle issues $10,000,000 face value of general obligation bonds for $9,800,000. The bonds will be used for the con

struction of new city streets. What journal entry should the City make in its Capital Projects Fund to record the issuance of these bonds?
Business
2 answers:
RoseWind [281]3 years ago
5 0

Answer:

Dr Cash $9,800,000

Dr Other financing use—bond issue discount $200,000

Cr Other financing source—long-term debt issued $10,000,000

Explanation:

Journal entries

Dr Cash $9,800,000

Dr Other financing use—bond issue discount $200,000

Cr Other financing source—long-term debt issued $10,000,000

$10,000,000 -$9,800,000

=$200,000

Therefore since $10,000,000 face value of general obligation bonds for $9,800,000 we are to debit Cash $9,800,000 as well as Other financing use—bond issue discount $200,000 which is the difference between $10,000,000 -$9,800,000 while we credit

Other financing source—long-term debt issued at $10,000,000

Oksanka [162]3 years ago
5 0

Answer:

The City of Twizzle will debit its Cash/Bank account with $9,800,000 as well as Debit entry of $200,000  for discount on bond account.  The credit enry of $10,000,000 will recorded in the bond account.

Date               Description                            DR                      CR

                    Cash/Bank                            9,800,000

                    Discount on Bonds                   200,000

                    Bond  Payable                                                    10,000,000

Explanation:

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The ________ phase of the strategic marketing process usually results in a(n) ________ that sets the direction for the marketing
zhenek [66]

Answer:

planning; marketing plan

Explanation:

The planning phase is the second phase of any activity. It is basically made after analysis of all the problems and opportunities.

Planning phase basically aims at organizing the techniques for achieving the aims. This aims for planning phase to achieve the sales and set targets for gaining maximum performance in marketing. This sets all the strategies and policies for marketing.

7 0
3 years ago
Raggs, Ltd. a clothing​ firm, determines that in order to sell x​ suits, the price per suit must be p=120 - 0.5 x. It also deter
kodGreya [7K]

Answer:

A) R(x) = 120x - 0.5x^2

B) P(x) = - 0.75x^2 + 120x - 2500

C) 80

D) 2300

E) 80

Explanation:

Given the following :

Price of suit 'x' :

p = 120 - 0.5x

Cost of producing 'x' suits :

C(x)=2500 + 0.25 x^2

A) calculate total revenue 'R(x)'

Total Revenue = price × total quantity sold, If total quantity sold = 'x'

R(x) = (120 - 0.5x) * x

R(x) = 120x - 0.5x^2

B) Total profit, 'p(x)'

Profit = Total revenue - Cost of production

P(x) = R(x) - C(x)

P(x) = (120x - 0.5x^2) - (2500 + 0.25x^2)

P(x) = 120x - 0.5x^2 - 2500 - 0.25x^2

P(x) = - 0.5x^2 - 0.25x^2 + 120x - 2500

P(x) = - 0.75x^2 + 120x - 2500

C) To maximize profit

Find the marginal profit 'p' (x)'

First derivative of p(x)

d/dx (p(x)) = - 2(0.75)x + 120

P'(x) = - 1.5x + 120

-1.5x + 120 = 0

-1.5x = - 120

x = 120 / 1.5

x = 80

D) maximum profit

P(x) = - 0.75x^2 + 120x - 2500

P(80) = - 0.75(80)^2 + 120(80) - 2500

= -0.75(6400) + 9600 - 2500

= -4800 + 9600 - 2500

= 2300

E) price per suit in other to maximize profit

P = 120 - 0.5x

P = 120 - 0.5(80)

P = 120 - 40

P = $80

8 0
3 years ago
Margot has fallen in love with a three-bedroom, 2,500-square-foot property in her friend’s neighborhood. It’s listed for $400,00
fenix001 [56]

Answer:

subsititution

Explanation:

Since in the situation it is mentioned that margot has fallen with 3 set bedroom i.e. 2500 square foot and its amount is $400,000. Now there is another three set bedroom of 2,400 square foot and its amount is $350,000 so here two options are given and according to the price he opted for the second property

So out of two choices he should opt for one that means it is a subsititution economic principle

5 0
3 years ago
3m is a master of the __________ pricing strategy. according to a 3m manager, "we hit fast, price high, and get the heck out whe
Alex777 [14]
E


I hope this helps and have a wonderful day filled with joy!!


<3
5 0
3 years ago
The expansionary phase of the business cycle is characterized by
Leokris [45]

Answer:

<u>increasing real output and reducing unemployment</u>

Explanation:

The expansionary phase of the cycle is business characterized by the i<em><u>ncreasing real output and reducing unemployment.</u></em>

<em> Business cycle refers to that cycle in which there is increase and decrease or fall and rise of output of goods and services.</em>

<em> Business cycle has main four stages expansion ,peak , contraction and trough.</em>

The main cause of business cycle is the forces of supply and demand , expectation of future and it availability of the capability may also cause the business cycle.

Economic cycle is another name of Business cycle . Business cycle plays a crucial rule in the economy as it influence the demand of the consumer.

4 0
3 years ago
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