A large conglomerate is deciding on the range of new products and services it can offer to its customers to further expand its operations. This decision determines the firm's
Explanation:
I would leave out the part about the people you currently work with and just state that you are a team player and the you love to be around people who are outgoing and you are very sociable and a quick learner
Answer:
The company should purchase the machine.
Explanation:
Note: The complete question is attached below
Forecasted contribution margin income statement
For the Year Ended December 31
Particulars Amount$
Sales 2,440,000
Variable cost(10,000*185(195-10)) <u>1,850,000</u>
Contribution margin 590,000
Fixed cost (327,600+42,500) <u>370,100</u>
Income <u>$219,900</u>
Because the income increase by $57,500 due to the pruchase, the company should purchase the machine
Answer:
a credit of $242700 to Premium on Bonds Payable
Explanation:
Based on the information given The journal entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable which is calculated as:
Premium on Bonds Payable=[($8090000*103%)-$8090000
Premium on Bonds Payable=8,332,700-$8090000
Premium on Bonds Payable=$242700
Therefore The entry to record the issuance of the bonds would include a credit of $242700 to Premium on Bonds Payable
