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Illusion [34]
3 years ago
8

Malcolm has been researching reports generated by government agencies and the local chamber of commerce. What kind of research i

s Malcolm engaged in?
PrimarySecondaryTertiaryPersonal
Business
2 answers:
Hatshy [7]3 years ago
8 0
Malcolm is engaged in SECONDARY RESEARCH.
Secondary research is a type of research that involves the summary and the synthesis of existing research. Primary research on the other hand is a type of research in which data are generated. Secondary research use primary research as a source of data for analysis.
In the question given above, the reports generated by the government agencies and the local chamber of commerce are gathered via primary research. <span />
fenix001 [56]3 years ago
4 0

He’s been researching SECONDARY

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Ten years ago, Cary Company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. On the maturity date of January 2, a
vampirchik [111]

Answer:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000.

Explanation:

Although this bonds were issued at a discount, but the Discount on Bonds Payable account will have zero balance on the day of maturity because of the entry that has been made on each interest payment date.

Therefore, the necessary journal entry for January 2, 2019 to complete is as follows:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000

This entry will appear as follows:

<u>Date                  Name of Account               DR ($)               CR ($)       </u>

02 Jan '19         Bond payable                1,500,000

                            Cash                                                       1,500,000

<u><em>                          (To record retirement of 10-year bonds at maturity.)    </em></u>

6 0
3 years ago
The common stock of Detroit Engines has a beta of 1.34 and a standard deviation of 11.4 percent. The market rate of return is 11
stealth61 [152]

Answer:

The firm's cost of equity is C. 14.05 percent

Explanation:

Hi, we need to use the following formula in order to find the cost of equity of this firm.

r(e)=rf+beta(rm-rf)

Where:

r(e) = Cost of equity

rf = risk free rate

rm = Market rate of return

Everything should look like this.

r(e)=0.04+1.34(0.115-0.04)=0.1405

So, this firm´s cost of equity is 14.05%

Best of luck

6 0
3 years ago
Blaster, Inc., manufactures portable radios. Each radio requires 3 units of Part XBEZ52, which has a standard cost of $1.25 per
garik1379 [7]

Answer:

1,065 U

Explanation:

Materials Price Variance = Actual Quantity Purchased * (Standard Price – Actual Price)Actual Price= Total Cost / Quantity Purchased

= ($27,690 /21,300 )=$ 1.3

=21,300* [$1.25 – $1.3]

=21,300*0.05

=1,065 U

During May, the materials price variance for part XBEZ52 was 1,065 which is Unfavourable because the actual

purchase price is higher than standard.

5 0
2 years ago
Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the ad
Lerok [7]

Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the adjusting entry should include a: Debit to Depreciation expense  $ 30

Adjusting entries correct previously recorded journal entries, allowing revenue and costs to be recognized as they occur.

Assume, for example, Depreciation that you bill a customer for $1,000 in services in December. They then pay you in January or February, after the previous fiscal year has ended.

To begin, you record the cash in December as profit expected to be collected in the future in accounts receivable. Then, when the client pays in February, an adjustment entry must be made to record the receivable as cash.

This is referred to as an accrued revenue adjustment entry.

To  learn more about Adjusting entry from the given link:

brainly.com/question/13716497

#SPJ4

5 0
1 year ago
Skysong Company purchased an electric wax melter on April 30, 2020, by trading in its old gas model and paying the balance in ca
adell [148]

Answer:

(a) has commercial substance

J1

Electric wax melter 5,720 (debit)

Accumulated depreciation :old gas model  6,930 (debit)

Old gas model : cost 12,320 (credit)

Profit on exchange of old gas model 320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

(b) lacks commercial substance

J1

Electric wax melter 5,390 (debit)

Accumulated depreciation :old gas model  6,930 (debit)

Old gas model : cost 12,320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

Explanation:

In terms of IAS 16, if an exchange of non-monetary item has commercial substance the Asset Acquired is measured at the Fair Value of Asset Given up or Fair Value of Asset Acquired.

However if an exchange of non-monetary item lacks commercial substance the Asset Acquired is measured at Carrying Amount of Asset Given up and there would no be any gain or loss on the exhange of asset given up.

(a) has commercial substance

J1

Electric wax melter 5,720 (debit)

Accumulated depreciation :old gas model  6,930 (debit)

Old gas model : cost 12,320 (credit)

Profit on exchange of old gas model 320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

(b) lacks commercial substance

J1

Electric wax melter 5,390 (debit)

Accumulated depreciation :old gas model  6,930 (debit)

Old gas model : cost 12,320 (credit)

J2

Electric wax melter 11,000 (debit)

Cash 11,000 (debit)

5 0
3 years ago
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