Answer:
for mutual benefits
Explanation:
A joint venture is a business arrangement made between two parties that agree to come together and unite all of their resources in order to accomplish a specific common goal. Joint ventures are usually formed for mutual benefits, both companies involved benefit greatly from reaching the end-goal that they are working towards, but which neither company could do it without the other's resources.
Answer:
Investment Spending or Capital Expenditure.
Explanation:
Capital Expenditure or Investment Spending mainly deals with business expenditure on capital goods or factor/inputs of production which are used in the production process.
Answer:
$8058
Explanation:
10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.
In the given case, single equivalent discount would be calculated as follows,
$25,500 × 10% = $2550
Then, ($25,500 - 2550) × 20%= $4590
Then, ($25,500 - 2550 - 4590) × 5% = $918
Single equivalent discount amount = $2550 + 4590 + 918 = $8058
Classical conditioning. When Claude came into contact with a particular scenario (Texas accent) he experienced a negative outcome (being robbed) so now he associates the negative outcome with the scenario where he encountered it.
Answer:
Part 1
<em>journal entry to record the investment in the bonds.</em>
Debit : Investment in Bonds $90,000
Credit : Cash $90,000
Part 2
<em>journal entry to record the first interest payment at the effective (market) rate.</em>
Debit : Investment in Bonds $7,200
Credit : Interest Income $7,200
Explanation:
The Summary of the Bond is :
FV = $100,000
PMT = ($100,000 x 6%) ÷ 2 = $3,000
I = 8 %
PV = - $90,000
P/YR = 2
N = ?
Using a Financial Calculator, the number of period payments to maturity N is 13.02.
Effective Interest = $90,000 x 8 % = $7,200
