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3 years ago

Required courses taken outside of a major & Beyond the general education requirements are called?

1 answer:

7 0

What courses taken outside of a major and beyond the general education requirement are called?These classes are referred to as electives.

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Ivanhoe Company issued $1520000 of 6%, 5-year bonds at 95, which pay interest annually. Assuming straight-line amortization, wha

Mashutka [201]

Answer:

the journal entry to record bond issuance:

Dr Cash 1,444,000

Dr Discount on bonds payable 76,000

Cr Bonds payable 1,520,000

amortization of discount on bonds payable = $76,000 / 5 = $15,000

coupon payment = $91,200

total interest expense per year = $106,200

total interest expense for the 5 year period = $106,200 x 5 years = $531,000

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2 years ago

Vivian worked as a manager at her company. She was asked to order a few cars that would be used by company employees. Which best

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To ensure that her company is being socially responsible, Vivian should ensure that the cars are environmentally friendly. Being socially responsible means you do what is best for planet, people, and profits. In this case, taking care of the planet means choosing the car that is the most environmentally friendly.

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3 years ago

The following transactions are for Crane Company. 1. On December 3, Crane Company sold $513, 500 of merchandise to Sheridan Co.,

serg [7]

Answer:

a) December 3, 202x, merchandise sold to Sheridan Co., terms 3/10, n/30

Dr Accounts receivable 513,500

Cr Sales revenue 513,500

Dr Cost of goods sold 318,300

Cr Merchandise inventory 318,300

December 8, merchandise allowance

Dr Sales returns and allowances 24,700

Cr Accounts receivable 24,700

December 13, invoice collected from Sheridan Co.

Dr Cash 474,136

Dr Sales discounts 14,664

Cr Accounts receivable 488,800

b) January 2, invoice collected from Sheridan Co.

Dr Cash 488,800

Cr Accounts receivable 488,800

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3 years ago

The pharmaceutical industry often justifies the high prices for new drugs by arguing that they research as many as one hundred n

gizmo_the_mogwai [7]

Blockbuster is your answer

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3 years ago

If an agreement does not contain an arbitration clause, the parties may, nevertheless, agree to arbitration by entering into a _

juin [17]

Entering into an Alternative Dispute Resolution (ADR) agreement.

Alternative Dispute Resolution is very much akin to arbitration in which the parties that are agreeing to surrender their rights to access the judicial system in a civil court that enables a party to bring a lawsuit against another party that is in said agreement.

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3 years ago