Ask question

Ask question

All categories

3 years ago

12

Ven though chemical companies have developed a less destructive replacement for cfcs, ozone depletion will likely continue becau

se _____.

2 answers:

tankabanditka [31]3 years ago

7 0

CFCs already in the atmosphere will last for many more years.

ycow [4]3 years ago

4 0

the correct answer is CFCs already in the atmosphere will last for many more years

You might be interested in

Desert Company issued $15,000,000 of 8% bonds on May 1, 2020, and received cash totaling $13,308,942. The bonds pay interest sem

balu736 [363]

Answer:

Desert Company

The TOTAL dollar amount of discount that was amortized during the entire first year (5/1/20 through 4/3/21) these bonds were outstanding is:

= $65,447.

Explanation:

a) Data and Calculations:

Face value of bonds = $15,000,000

Issue value (proceeds) 13,308,942

Discount on the bonds $1,691,058

Coupon rate = 8%

Effective interest rate = 10%

Period of bonds = 8 years

November 1, 2020:

Interest expense = $665,447 ($13,308,942 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $65,447

Bond outstanding value = $13,374,389 ($13,308,942 + $65,447)

May 1, 2021:

Interest expense = $668,719 ($13,374,389 * 5%)

Cash payment = $600,000 ($15,000,000 * 4%)

Discount amortized $68,719

Bond outstanding value = $13,443,108 ($13,374,389 + $68,719)

4 0

3 years ago

Flesch Corporation produces and sells two products. In the most recent month, Product C90B had sales of $37,000 and variable exp

andre [41]

Answer:

The BEP will decrease, which is good.

The reason is that C90B has a better profit margin than Y45E so if the sales shift toward C90B the Contribution mix margin ratio will be higher and it will be easy to pay fixed cost and make a gain

Explanation:

C90B

sales 37,000

variable expenses 9,250

contribution margin 27,750

CM 0.75

Y45E

sales 29,700

variable expenses 16,335

contribution 13,365

CM 0.45

7 0

3 years ago

Current access control rosters should be authenticated by the manager or their designated representative. True False

LuckyWell [14K]

Answer:

TRUE

Explanation:

Current Access Control rosters should be authenticated, authorized and accounted for by the manager or their designated representative.

Bio-metrics, Electronic locks, and Smart cards are sensitive data-derivation technologies and since they are applied in a number of sectors - e.g. Telecommunications, Retail, Defense, Healthcare, Hospitality, and Information Technology - current access to devices and software applications should be authenticated by the manager or a designated representative of the manager.

6 0

3 years ago

Use the following data to calculate the current ratio.

White raven [17]

Answer:

Kingbird, Inc.

Current Ratio = Current Assets/Current Liabilities

= $406,000/$147,800

= 2.75

Explanation:

a) Data and Calculations:

Kingbird, Inc. Balance Sheet December 31, 2022

Cash and cash equivalents $68000 Accounts payable $135500

Accounts receivable 103500 Salaries & wages payable 12300

Inventory 144500 Bonds payable 166000

Prepaid insurance 90000 Total liabilities $313800

Stock investments 181500

Land 195000

Buildings $225000 Common stock $239200

Less: Accumulated

depreciation (64000) 161000 Retained earnings 502500

Trademarks 112000 Total stockholders' equity $741700

Total assets $1055500 Total liabilities and stockholders'

equity $1055500

Current Assets:

Cash and cash equivalents $68,000

Accounts receivable 103,500

Inventory 144,500

Prepaid insurance 90,000

Total current assets $406,000

Current Liabilities:

Accounts payable $135,500

Salaries & wages payable 12,300

Total current liabilities $147,800

6 0

3 years ago

On November 1, the board of directors of Castle Industries declares a cash dividend of $1 per share on its 1 million shares, pay

Svetllana [295]

Answer:

The correct answers are:

A) & D) which is <em>November 1</em> and <em>December 1</em> respectively.

Explanation:

When paying dividends, the business and its shareholders must consider very carefully three important dates.

The first date is when the firm publicly declared the dividend. This is called the Declaration Date, <em>which triggers the first journal entry</em> to move the dividend money into a dividends payable account.

The Date of Declaration according to the question is November 1

2. The second date is referred to as the Date of Record, and shareholder of stock at this date is entitled to receive a dividend. <em>This does NOT need any journal entry.</em>

3. The third date, the Payment Date. It refers to the date of the dividend will be paid to shareholders and <em>will necessitate the second journal entry</em>. This records the reduction of the dividends payable account, and the matching reduction in the cash account.

Cheers!

8 0

3 years ago