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4 years ago

A bond indenture is which of the following? Dividend Legal document Contract between two corporations A type of municipal bond

1 answer:

7 0

The correct answer would be : Legal document

Bond indenture is a contract agreement between two parties, in which it specifies the responsibilities that should be fulfilled by each party. This contract agreement is a legal document, which mean that it's enforceable by law

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Prepare summary journal entries to record the following transactions for a company in its first month of operations. a. Raw mate

bagirrra123 [75]

Answer and Explanation:

The Journal entries are prepared below:-

a. Raw materials inventory Dr, $98,000

To Accounts payable $98,000

(Being raw material is purchased on the account is recorded)

b. Work in process inventory Dr, 41,500

To Raw materials inventory $41,500

(Being direct material used is recorded)

Factory overhead Dr, 18,800

To Raw materials inventory $18,800

(Being indirect material used is recorded)

c. Work in process inventory Dr, $45,000

Factory overhead Dr, $33,000

To Cash $78,000

(Being cash paid is recorded)

d. Factory overhead Dr, $8,125

To Cash $8,125

(Being cash paid is recorded)

e. Work in process inventory Dr, $56,250 (45,000 × 125% )

To Factory overhead $56,250

(Being overhead is recorded)

f. Finished goods inventory Dr, $63,000

To Work in process inventory $63,000

(Being transferred cost is recorded)

g, Cost of goods sold Dr, $63,000

To Finished goods inventory $63,000

(Being cost of goods sold is recorded)

Accounts receivable Dr, $90,000

To Sales $90,000

(Being sales value is recorded)

3 0

3 years ago

Which of the following statement(s) is/are true?

Brrunno [24]

Answer:

The correct answer is option (F)In PERT, another path could become critical.

Explanation:

Solution

From the given question, the following statement is true, If In PERT another path could become critical.

Now,

Depending on the standard deviation of another path or way, even with a shorter duration or period, the higher degree of variability could bring about the change in a critical path or result in the critical path being changed.

3 0

3 years ago

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the

SpyIntel [72]

The question is incomplete. The complete question is :

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.

Regular withdrawal $ 2200

Interest rate 2%

Frequency Monthly

Time 20 years

Solution :

Given :

Monthly withdrawal = $ 2200

Interest rate = 2%

Frequency = monthly

Time = 20 years

= 20 x 12 = 240 months

Formula used :

$w=\frac{[PZ^{r-1}(Z-1)]}{[Z^Y-1]}$ with Z = 1 + r

where, w = monthly withdrawal

P = principal amount

r = monthly interest rate

Y = Number of months

So, w = 2200

r = 2% = 0.02

Z = 1 + r

= 1 + 0.02 = 1.02

Y = 240

Therefore,

$2200=\frac{P(1.02)^{240-1}(1.02-1)}{(1.02)^{240-1}(1.02-1)}$

$P=\frac{2200(115.888-1)}{113.6164(0.02)}$

= 111,231829

≈ 111,232 (rounding off)

Thus, the account balance = $ 111,232

3 0

3 years ago

What is the purpose of checks and balances in the constitution?

Mumz [18]

The system of checks and balances is an important part of the Constitution. With checks and balances, each of the three branches of government can limit the powers of the others. This way, no one branch becomes too powerful.

7 0

4 years ago

Read 2 more answers

Suppose al is trying to decide whether the shower is hot enough to step in, hal is listening to his mp3 player, and sal is looki

Afina-wow [57]

The person who is using his parietal lobe is Al.

The parietal lobe has two main function according to its region. The first function is to receive and process sensory information from all parts of the body while the second is to interpret visual information as well as processing language and numerical inputs.

As described in the question, Al is trying to determine whether the shower is hot enough, which means that he is using his parietal lobe to do so.

4 0

3 years ago