Black lives matters
...nity and equality
nothing more nothing less.
We the working-class brown or white are slaves
under the laissez-faire economic system which
has brought poverty and death for a majority
of people: who is going to pay us?
Answer:
The duties under the teaching contract cannot be delegated
Explanation:
The person wit whom the school has a binding agreement was Teresa and contract of services cannot be delegated unilaterally by Teresa to her friend Shirley without consulting the school authority.
The appropriate procedure would be for Teresa to discuss with the school her plans to let Teresa to cover up for her absence,however, if the school accepts the new arrangement , Teresa would need to be relieved of her duties as this would be a permanent substitution.
Answer:
Feb. 1
Debit : Cash (48,000 x $52) $2,496,000
Credit : Preferred Stock (48,000 x $50) $2,400,000
Credit : Paid in excess of Par - Preferred Stock $96,000
July 1
Debit : Cash (66,000 x $56) $3,696,000
Credit : Preferred Stock (66,000 x $50) $3,300,000
Credit : Paid in excess of Par - Preferred Stock $396,000
Explanation:
With Par value stocks, any amount paid in excess of par is placed in a reserve - Paid in Excess of Par as shown in the journals above.
Answer: C. Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.
Explanation:
Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.
Ahrens Vitamins and Hilliard Pharmaceuticals have high Market commonality. They operate in the same geographical area and their target market is the same, meaning an increase in Profits for Hilliard Pharmaceuticals is a decrease in profits for Ahrens Vitamins, an attack from Hilliard will ave severe consequences for Ahrens Pharmaceuticals as they compete for the same target market.
Ahrens Vitamins will have to respond aggressively to attacks from Hilliard Pharmaceuticals in order to maintain their position in the market
Answer:
B. a debit to Interest Expense for $ 42 comma 750.
C. a credit to Cash of $ 137 comma 750.
Explanation:
Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.
As per given data
Principal Payment = $95,000
First Interest payment = $475,000 x 9% = $42,750
Total Payment = $95,000 + $42,750 = $137,750
Journal Entry for first payment
Dr. Interest Expense $42,750
Dr. Not Payable $95,000
Cr. Cash $137,750
