<u>Journal entry for the issuance of Bonds:</u>
It is given that on December 31, 2015, wintergreen, inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. That means the proceeds from issue of these bonds are 150,000*93.25/100 = $139,875 and the discount on issue of bonds shall be = 150,000-139875 = $10,125.
The Journal entry for the issuance of Bonds shall be as follows:
December 31, 2015
<u>Account Titles </u> <u>Debit</u> <u>Credit</u>
Cash $139,875
Discount on Bonds Payable $10,125
Bonds Payable $150,000
(Being bonds issued on discount)
Capital gain is computed in the formula below:
Capital gain= [(Current price-Original price)/ Original price ]x100
If stocks before
Original price =$1.75 x (1+14.8%)
= $2.009
Current price = $1.75 x(1+11.2%)
= $1.956
Capital gains yield = [($1.956-$2.009)/($2.009)]x100
= -0.264 x 100
= -26.4
Capital loss of 26.4% because the stock value decreased.
Answer:
Explanation:
According to the law of demand,a rise in price leads to a decrease in quantity demanded and a fall in price leads to an increase in quantity demanded.
1.The price of a gallon of 2% milk has risen, therefore, quantity demanded decreases.
2.The price of laser tag has fallen,therefore,quantity demanded increases.
3.The price of dressers and desks has risen,therefore,quantity demanded decreases.
4.The price of pork shoulder has fallen from $3.99 per pound to $1.99 per pound,therefore,quantity demanded increases.
5.Another MP3 album comes free,with purchase of an MP3 album .This means the supplier have effectively halved the price.therefore,quantity demanded increases.
Reforms in government agencies could be more difficult than in private companies because they tend to be more bureaucratic so more resistant to change as a result as there may be an ingrained way of doing things that is hard to deal with.
T<span>he answer for this question would depend on the status of Juliet. If Juliet was an employee, this is an example of </span>pilferage.<span> Pilferage is the stealing of small sums of money or inexpensive items. But, if Juliet was an owner of the business, this may constitute a fraud since she is enjoying the benefits of the supplies for herself and not for the business. Though, she may regard this transactions as withdrawal for her part provided that she is the owner.</span>
