Answer:
a) Prepare the journal entry to record interest at the effective interest rate at December 31.
- Interest expense (10% × 1/2 × $380) = $19.0
-Cash (paid to bondholders) (9% × 1/2 × $400) = $18.0
- Discount on Bond Payable 19.0 - 18.0 = 1
Account Title Dr Cr
Interest expense 19
Discount on Bond Payable 1
Cash 18
What would be the amount(s) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2018, if it uses the direct method?
-Agee would report the cash inflow of $380 million from the sale of the bonds as a cash inflow from Financing Activities in its statement of cash flows. (selling bonds is a financing activity)
-The $18.0 million cash interest paid is cash outflow from Operating Activities because Interest is an Income Statement (Operating) item.
The principle that is ideal for branding through sponsorship scenario are the following;
<span>-
</span>Taking advantage of the excellent overlaps that
are between with the customer and the benefit of the brand
<span>-
</span>The individual should be able to connect with
the consumer in a meaningful and fun way
<span>-
</span>Unique connections should be leverage between
the brand and the consumer by means of building loyalty and favorable word
Answer: Over the limit fee
Explanation: This is because since she did not pay the 75 dollars the previous month it rolls over to this month in which she has already spent 180 dollars and her limit is 200 dollars so adding 75 to that 180 dollars would be over the limit, so she would have to pay a fee.
What do you need help on?
Social factors exert the broadest and deepest influence over a person’s consumer behavior false (culture)
Culture :
A person’s culture is represented by a large group of people with a similar heritage. Culture exerts a strong influence on a person’s needs and wants because it is through culture that we learn how to live, what to value, and how to conduct ourselves in society. The American culture, which is a subset of the Western (European) culture, will be the primary focus of this discussion, although other societies in other parts of the world have their own cultures with accompanying traditions and values.
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