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mylen [45]
3 years ago
15

Oriole Company issues $200,000, 20-year, 9% bonds at 104. Prepare the journal entry to record the sale of these bonds on June 1,

2020
Business
1 answer:
user100 [1]3 years ago
3 0

Answer:

Dr Cash $208,000

Cr Bonds payable $200,000

Cr Premium on bonds payable $8,000

Explanation:

Preparation of the journal entry to record the sale of these bonds on June 1,

Based on the information given we were told that the company issues the amount of $200,000 at 104 which means the that the journal entry to record the sale of these bonds on June 1 will be:

Dr Cash $208,000

(2,000 × $104)

Cr Bonds payable $200,000

(2,000 × $100)

Cr Premium on bonds payable $8,000

(2,000 ×$4)

Note:-

$200,000/100 =$2,000

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artcher [175]
they are said to be capitalized.


hope this helps! please mark brainliest if possible:)
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3 years ago
If a firm's marginal costs _____ then its _____. Group of answer choices rise; output increases fall; best-response curve shifts
ziro4ka [17]

If a firm's marginal costs <u>fall</u>, then its <u>price falls.</u>

This is based on the principle that if the marginal cost of a product or firm rises, that implies that the firm is operating at a high fixed cost, thereby leading to an increase in the cost of production, which generally equates to products having a high price.

On the other hand, where there is low marginal cost, production costs reduce because the products are being produced at a lower fixed cost. Thereby leading to lower prices.

Hence, in this case, it is concluded that "If a firm's marginal costs <u>fall</u>, then its <u>price falls</u>."

Learn more here: brainly.com/question/10474336

7 0
2 years ago
Which statement describes a benefit of international trade?
melisa1 [442]

Countries gain from exchange when trade enables each country to receive a higher price for exported goods and/or pay a lower price for imported goods. This leads to more efficient resource allocation and allows consumption of a larger variety of goods.International trade is where there is exchange of goods and services across International territories where in most countries this exchange represents a significant a share of gross domestic product(GDP). One of the most immediate benefits of this trade is lower costs to consumers


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4 0
3 years ago
Read 2 more answers
Nathan wants to buy a sweatshirt and is trying to determine the better buy. He has a 30​% coupon for the​ in-store purchase. The
Alex17521 [72]

Answer:

Buy in-store.

Explanation:

The Polya technique suggests the following steps to solve a problem:

Step 1: Understand the problem.

Nathan is facing two options for buying a new sweatshirt. We need to calculate and compare both prices in order to determine the better buy.

Step 2:  Devise a plan.

To calculate and compare the prices we need to discount the coupons on both options and then buy the sweatshirt with the lower price.

Step 3:  Carry out the plan (solve).

<h2><u>Option A</u></h2>

Price: $36

Discount: -30%

Final price option A : 36 × ( 1 - 30%) = 25.2

<h2><u>Option B</u></h2><h2><u></u></h2>

Price: $32

Discount: -25%

Final price option B: 32 × ( 1 - 25%) = 24

 Step 4:  Look back (check and interpret).

Final price option A < Final price option B.

<h2><em>With this analysis in cosideration, we deduce that the better buy is the option A. In-store purchase.</em></h2>

<em></em>

<h2><u></u></h2><h2><u></u></h2>

5 0
3 years ago
Here is an example of a positioning statement for Volvo:
lbvjy [14]

Answer:

The correct answer is letter "D": Other family automobiles.

Explanation:

In Marketing, a positioning statement is the segment a company uses to express how their product fits consumer needs. It can also represent the competitive advantage of the product letting know consumers why they ought to choose the company's product instead of competitors.

The frame of the positioning statement is the context of reference the segment is based on. Thus, in the example:

<em>"For upscale American families, Volvo is the family automobile that offers maximum safety"; </em>

under the context of the <em>family automobiles</em>, Volvo is trying to promote its vehicles as the safest.

7 0
4 years ago
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