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lilavasa [31]
3 years ago
13

Larkspur, Inc. issues $3.1 million, 10-year, 8% bonds at 103, with interest payable on January 1. The straight-line method is us

ed to amortize bond premium.
Prepare the journal entry to record interest expense and bond premium amortization on December 31, 2017, assuming no previous accrual of interest.
Business
1 answer:
Aleonysh [2.5K]3 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
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Megan and Susan are roommates. They spend most of their time studying (of course), but they leave some time for their favorite a
artcher [175]

Answer:

  1. a. 2/3 gallon
  2. b. 5/7 gallon

Explanation:

1. Megan takes 3 hours to brew a gallon of root beer and 2 hours to make a pizza.

If she makes a pizza therefore, that is 2 hours that could have been used to make a gallon of root beer. However, it takes 3 hours to make a complete gallon so in those 2 hours only;

= 2/3 gallons would have been made

2. Susan takes 7 hours to brew a gallon of root beer and 5 hours to make a pizza.

Like Megan above, the 5 hours that would be used for Pizza would have gone towards making a gallon of beer. If it takes 7 hours to make a gallon then those 5 hours would have made;

= 5/7 gallons of root beer.

3. Absolute Advantage: Megan

The person with the absolute advantage is the person that can produce more goods with the same amount of costs. Megan can make more pizza in a smaller amount of time than Susan so she has Absolute advantage.

Comparative Advantage: Megan

The person with a Comparative advantage is the one that has the lowest opportunity cost when producing a good. Megan again has a lower opportunity cost with an opportunity cost of 2/3 gallons.

3 0
3 years ago
You become the teacher in that classroom for that day. your employer, principals, secretaries, teachers, paraprofessionals and s
Inessa [10]

You become the teacher in that classroom for that day. your employer, principals, secretaries, teachers, paraprofessionals, and students all count on you. this important quality is trust

This is further explained below.

<h3>What is a teacher?</h3>

Generally, A person who assists pupils in acquiring information, expertise, or virtue is referred to as a teacher, sometimes known as a schoolteacher or, more technically, an educator.

In a more relaxed setting, anybody may act in the role of a teacher.

In conclusion, You take on the role of the educator in that classroom for the duration of that day.

Everyone, including your boss, the administrators, secretaries, teachers, and paraprofessionals, as well as pupils, depends on you. This crucial characteristic is trustworthiness.

Read more about teacher

brainly.com/question/14071718

#SPJ1.

8 0
2 years ago
A ________ refers to the way a product is defined by consumers on important attributes-the place the product occupies in consume
Nadya [2.5K]

Answer:

Product position

Explanation:

The product position is the customer perception about the product which says how much the customer gives it priority over other products. Suppose you value iphone because you like its camera result and its level of security and this is what you desire to have and is you want so it is customer perception which is also knwon as product position.

8 0
3 years ago
Okay guys this is just a guessing game who do you think will be president for the next 4 years​
Stolb23 [73]
Donald j Trump helll yaaaaa
8 0
3 years ago
Saunders and Flimsy Partnership paid dividends of $0.27 and $0.15 per share last year. If yesterday's closing price was $12.27,
Dmitrij [34]

Answer:

the current yield on the stock is 3.42%

Explanation:

the computation of the current yield on the stock is shown below:

Current yield = Annual dividends paid ÷ Current market closing price

= ($0.27 + $0.15) ÷  $12.27

= $0.42 ÷ $12.27

= 3.42%

hence, the current yield on the stock is 3.42%

we simply applied the above formula to determine the current yield on the stock

7 0
3 years ago
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