Answer:
A. Safety and Security needs.
Explanation:
By providing coverage in insurance and in medical expenses in case of any accident, Lumina is fulfilling the Safety needs of employees in their company. They are providing safety in health and financial status. According to Maslow's, safety needs refers to an individual need for security and protection. The security referred to include those of the body, resources, employment and so on.
Overpricing is a real issue
Sorry don't now. Sooo sory
Answer and Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $1,800,000
(1,800 × $1,000)
To Discount on bonds payable $30,000
To Common stock $720,000
(1,800 × 40 × $10)
To Paid-in-capital in excess of par $1,050,000
(Being conversion of bond into common stock is recorded)
Therefore for recording the conversion using the book value approach we simply debited the bonds payable and credited the discount on bonds payable, common stock and paid-in-capital in excess of par.
