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3 years ago

The managerial and administrative functions of the federal courts are handled by _____.

1 answer:

8 0

The managerial and administrative functions of the federal courts are handled by the Administrative Office of the United States Courts.

The Administrative Office of the United States Courts (AO) is the administrative agency of the United States federal court system. ... It provides a wide range of administrative, legal, financial, management, program, and information technology services to the federal courts.

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On January 1, 2020, Jacobs Company sells land financed through a $16,000 note, issued by Andress Company. The note is a $16,000,

Vlad [161]

Answer:

Note: See attached picture for journal entry schedule for the question

Fair Value of Land = -PV(I, N, PMT, FV, Type)

Fair Value of Land = -PV(8%, 2, 16000*4%, 16000, 0)

Fair Value of Land = -PV(8%,2,640,16000,0)

Fair Value of Land = $14,859

Journal Entry

Date Account tile and explanation Debit Credit

Jan. 1 Notes Receivable $16,000

To, Discount on Notes $1,141

To, Land $14,859

Dec. 31 Cash $640

Discount on Notes $549

To, Interest Revenue (14859*8%) $1,189

Dec. 31 Cash $640

Discount on Notes $593

To, Interest Revenue (14859+549)*8% $1,233

Dec. 31 Cash $16,000

To, Notes Receivable $16,000

3 0

3 years ago

Bonds that are backed solely by the general credit of the corporation issuing them are called _______ bonds.

babymother [125]

Unsecured bonds, these bonds are also called debenture bonds.
I hope this helps.

3 0

3 years ago

Synovec Corporation is expected to pay the following dividends over the next four years: $5.20, $16.20, $21.20, and $3.00. After

umka21 [38]

Answer:

Present value = $92.6899 rounded off to $92.69

Explanation:

Using the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the present value of the next four dividends, we will use the following formula,

Present value = D1 / (1+r) + D2 / (1+r)^2 + D3 / (1+r)^3 + D4 / (1+r)^4 +

[(D4 * (1+g) / (r - g)) / (1+r)^4]

Where,

r is the required rate of return
g is the constant growth rate in dividends

Present value = 5.2 / (1+0.09) + 16.2 / (1+0.09)^2 + 21.2 / (1+0.09)^3 +

3 / (1+0.09)^4 + [(3 * (1+0.055) / (0.09 - 0.055)) / (1+0.09)^4]

Present value = $92.6899 rounded off to $92.69

6 0

3 years ago

A factory which produces bicycles has one employee who assembles the frame, one who attaches the handle bars, one who attaches t

Mkey [24]

The answer is A because one of the people checks the bicycles before shipping them off looks at there efficiency to see if they are good enough

5 0

4 years ago

Problems and Applications Q8 There are four consumers willing to pay the following amounts for haircuts, and there are four hair

romanna [79]

Answer:

For efficiency, 3 haircuts should be given.

Only three haircuts should be given because only 3 firms have costs that are lower than the customer whose hair they are to cut.

Firm A's cost is less than Kyoto's willingness to pay so Firm A can cut.

Firm B's cost is more than Rina's willingness to pay so Firm B should not cut.

Firm C's cost is less than Jacques's willingness to pay so Firm C can cut.

Firm D's cost is less than Musashi's willingness to pay so Firm D can cut.

That makes only 3 firms that can cut therefore 3 haircuts.

The business that should cut as shown above are:

Firm A
Firm C
Firm D.

8 0

3 years ago