Answer: C. II and III
Explanation:
Under the Security Act of 1933, new corporate bond issues of such high amounts are not exempt from the Act and so need to be registered with the Securities and Exchange Commission (SEC).
Also, as the amount exceeds $50,000,000, the issue is subject to the Trust Indenture Act of 1939 which states that the issuer should include certain protective provisions that are recommended by the SEC in order to protect bondholders. The adherence to these covenants will then be monitored by an independent trustee that is to be appointed by the Issuer.
Answer:
The correct option is;
D. Prepare by studying problems ahead of the meeting and listening carefully
Explanation:
Positive workplace behaviors in the meetings include preparation for the meeting to make the meeting productive for you and the other participants by ensuring;
1) Understanding the purpose of the meeting
2) Find out about the meeting agenda
3) To prepare for meetings
4) Make adequate preparation for the meeting
5) Know other attendees
6) Acquire and send out relevant information
It is important to study the problems ahead of the meeting and listen carefully to avoid being the one to ask others what the meeting was for when you join the meeting
Ensure the purpose for being at the meeting is clear and the meeting agenda is well known as well as what knowledge is expected and what is to be discussed.
Answer:
See explanation section
Explanation:
To record the journal entry to write off the uncollectible account according to the direct write-off method, we have to use bad dad expanse instead of an allowance account.
December 31 Bad Debt Expense Debit $1,200
Account receivable - Acme, Inc. Credit $1,200
Note: As the company did not get the money from the Acme, Inc., They treated the expense as irrecoverable.
Answer:
The annual amortization expense for 2019 will be $35000.
Explanation:
The amortization expense for the patent calculated based on the useful life of patent. The purchase of value of $235000 plus $10000 gives the total value of $245000 while use the patent of 7 years.
The formula for amortization expense = (Cost of patent - Residual value ) / Useful life of patent)
amortization expense = ($245000-0)/7 = $35000
The legal life would not count due patent in business use for limited life compare to legal life of patent.
Option B
George face in the given scenario is a perceptual barrier
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Explanation:</u></h3>
Perceptual barriers are the subconscious barriers that we build because of the thoughts that we hold of specific people, circumstances or situations throughout us. Perceptual barriers to communication are likewise challenging to understand and decode correctly because they take spot mentally.
The difficulty in communicating with others transpires because we all notice things uniquely based on each individual’s unparalleled expertise. By cracking down and examining our opinions about others, we can connect the communication gaps that occur because of our usual perceptual differences.
