Answer:
Journal entry recording the interest
Debit Credit
Interest Expense $7,350
Cash $7,000
Interest Payable $350
As $7,000 is paid from the total expense of $7,350. Remaining interest of $350 is recorded as liability in interest payable account.
Answer:
The value of Coca-Cola share is $40.69
Explanation:
In order to compute the value of Coca-Cola's stock, its closest rival,Pepsi's PE ratio can be used a proxy for Coca-Cola P/E ratio since they are keenly competitive rivals.
Pepsi P/E ratio=Price/Earnings per share
Stock price is $103.56
Earnings per share is $6.49
P/E ratio=$103.56/$6.49
P./E ratio=15.95686
Hence Coca-Cola share price is computed thus
P/E ratio=Price/Earnings per share
P/E ratio same as above
EPS is $2.55
15.95686=Price/$2.55
price=15.95686*$2.55
price =$40.69
We need the graph or a picture that the teacher would of given you but she could be spending more then she owns and doesn't pay bills on time (2 things that implicate high risk) she might also be a person using loans from other companies and could have a low credit score.
Answer:
gases have definite shape and volume
Explanation:
Answer:
What are the three basic categories of control? Educational/awareness, physical, supervision 5. How do you implement controls? Ensure controls are communicated to those involved in the activity.
