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Anon25 [30]
3 years ago
7

On January 1, 2018, West Company purchased $600,000 of 6%, 5-year bonds, as an available-for-sale security, with interest payabl

e on July 1 and January 1. The bonds sell for $623,625, which results in a premium of $23,625 and an effective interest of 4%.
Required:
a. Prepare the journal entry on January 1, 2018.

Business
1 answer:
Andrei [34K]3 years ago
4 0

Answer:

#See attached photos of both the Jan 1,2018 journal entry and the bond ammortization schedule.

Explanation:

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1. Which resource management task determines the type, quantity, receiving location, and users of resources? A. Track and Report
Rasek [7]

Answer:

C. Identify Requirements

Explanation:

Individuals who are assigned the responsibility of resource management should first of all identify resource requirements.

Identification of requirements relates to the quantum of resources required, the place where they are required and the recipient of those resources.

Resource needs and requirements change from time to time as per the situation. Resource requirements mean the quantity and the kind of resources that would be required for completion of a project.

Thus, Identify Requirements determines the type, quantity, receiving location and the users of those resources.

8 0
3 years ago
You buy a share of The Ludwig Corporation stock for $21.70. You expect it to pay dividends of $1.00, $1.16, and $1.3456 in Years
Vesnalui [34]

Answer:

g = 16%

dividends yield:

Year 1 4.60%

Year 3: 4.78%

<u>expected rate of return: </u>

year 1 20.6%

year 3 20.78%

<u></u>

Explanation:

<u>grow rate:</u>

D1 /D0 = g

1.16/1.00 - 1 = 0.16

1.3456/1.16 - 1 = 0.16

the grow rate is 16%

<u>dividend yield:</u>

dividends/stock price =  dividend yield

1/21.7 = 0,0460 = 4.60%

1.3456/28.15 = 0,04780 = 4.78%

<u>expected rate of return: </u>

dividend yield + grow rate

4.60% + 16% = 20.6%

4.78% + 16% = 20.78%

8 0
3 years ago
True or False: Most companies you see today are either corporations or limited liability companies?
krek1111 [17]

Answer: the above statement is true to some extent. Most of the businesses today are either cooperates or limited liability companies. This is because, many businesses try to remove the personal risk associated when running a business venture. Hence, they convert it into a limited liability business so the risk is only limited to the amount they invest.

However, there are still some business that are running on a smaller scale and have unlimited liability.


6 0
4 years ago
Simone's (57) husband, Charles, died in 2017, and she has not remarried. Simone's mother, Lucy, lives in a nursing home. Lucy's
Naddika [18.5K]

Since Simone does not have any children and no one else lives with her, then, her correct and favorable filing status is Head of Household.

Basically, the filing status determines the amount of tax payable that a tax payer is liable to pay to the authority.

The filing status recognized in U.S. includes Single, Married filing jointly, Married filing separately, Head of household and Qualifying widow(er) with dependent child.

Since Simone does not have any children and no one else lives with her, then, her correct and favorable filing status is Head of Household.

Read more about this here

<em>brainly.com/question/14457852</em>

6 0
2 years ago
Read 2 more answers
When researchers estimate labor market discrimination, they control for many observable factors that are thought to impact wages
Whitepunk [10]

Answer and Explanation:

a. In the case when the women might select the specific job for avoiding the effect of discrimination in a profession that pay high salary so the methodology would underestimate the total impact with respect to the discrimination of the wages

b. In the case when the job i.e dominated by the women that pay lower having same skilled job dominated by men. So here the methodology also be underestimated

5 0
3 years ago
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