Answer:
The answer is: C) Deny the motion because ABC Inc. is a resident of Delaware
Explanation:
For purposes of diversity of citizenship, ABC Inc. is a resident of both Delaware and New York.
James can sue ABC Inc. in Delaware since both of them are residents of the state so jurisdiction applies. The court will deny ABC's motion to dismiss due to the fact that ABC is a resident of that state.
Answer:
The correct option is A
Explanation:
OD ( Organizational Development) is the collection or group of the change methods which try to improve or enhance the effectiveness of the firm or organization and also the well being of the employee. OD methods value the human as well as the organization growth, participative and the collaborative processes and the spirit of inquiry.
Answer: The correct answer is B. debit Fees Revenue and credit Unearned Fees Revenue, $3,000
Explanation: As at 1 April 2016, the $12,00 Johnson Bookkeeping received should have been a debit to cash and credit to unearned fees revenue. Since that was a misposting and considering the fact that 9 months had already passed, the firm has to prorate the fees that has been earned by 9/12*$12,000=$9,000 (this stays in fees revenues at (31 December 2016). Remember the fees received is for a 12-month period (1 April 2016 to 31 March 2017). So, we have to report $3,000 ($12,000 minus $9,000) as unearned fees as at 31 December 2016.
However, Johnson Bookeeping would experience a spike in revenue in April 2016 management reporting due to the misposting and subsequently there would a decline, all other things held constant, in revenue. On a normal day, if the posting was accurately done to unearned fees revenue, the firm would amortize over 12 months to fees revenue, that is $1,000 every month.
Answer:
Efficient frontier analysis closely resembles a graphic system that breaks down risk performance and will show three levels. The return or investment of low, medium and high risk can help in the decision-making process. EFA reminds me of one of my favorite TV shows, Shark Tank. In Shark Tank you will see "sharks" or investors who choose to invest in a company, usually new companies, and often these investments have a high risk, but they could also have a high rate of return. As with most things, there are some limitations with the use of an efficient border analysis. A common limitation for EFA is the lack of reality that the return will always follow a distribution flow. EFA is not an exact science; It is difficult to identify and disaggregate. Stocks are a good example of EFA limitation. Investment actions are difficult to predict and preserve because there is a lot of unpredictability in the stock market.
NOTE: Explanation is in the answer.
Answer:
1,006,400
Explanation:
To know the unamortized portion we have to solve for the amount amortizated at the first payment in December 31th,2021.
Under the effective-rate method we will calculate the amortization as follow:
interest expense:
9,080,000 x 8% = 726,400
cash outlay:
8,000,000 x 10% = 800,000
amortization on premium:
800,000 - 726,400 = 73,600
the unamortized bond premium at year-end should be:
1,080,000 - 73,600 = 1,006,400