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Neporo4naja [7]
4 years ago
9

Lionworks Inc. signed a $57.000 8% 30-year installment note on November 1, 2016. The note requires semiannual payments of $950 p

lus interest on May 1 and November 1 of each year. How will Lionworks this loan on its 31, 2016 Balance Sheet? A. Current Portion of Long-term debt, $1,900; Long-term debt, $55,100 B. Current Portion of Long-term debt, $57,000;. Long-term debt, $0 C. current Portion of Long-term debt, $0; Long-term debt, $57.000 D. Current Portion of Long-term debt, $950; Long-term debt, $56.050
Business
1 answer:
Kitty [74]4 years ago
4 0

Answer:

a)  Current portion of long-term debt, $1900.-

Long-term debt, $55,100

Explanation:

Long-term debt refers to a company´s loans liabilities that will not become due within one year of balance sheet date

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The Plastics Division of Weston Company manufactures plastic molds and then sells them for $70 per unit. Its variable cost is $3
Anna35 [415]

Answer:

The right solution is "$30".

Explanation:

  • Unless the Plastic Division requires additional production, the Plastic Division would at minimum try to offset its operating expenses even though they have excess extra units which offer.  
  • The variable price seems to be $30 per item, so $30 seems to be the minimum determine the prevalence or transferable price.
8 0
3 years ago
When an sbu has become a _____________, it is essential to either invest in it heavily to gain better market share, acquire comp
VladimirAG [237]

Answer:

problem child

Explanation:

A problem child is a business-related term that is used to describe a situation in which there is a form of low market share but in an increasing and quick thriving enterprise or industry at large.

Hence, in this situation, the correct answer is a PROBLEM CHILD.

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7 0
4 years ago
A rule that all employees in the organization (including the ceo) must fly coach when they travel on commercial airlines represe
Eva8 [605]
The word that completes the sentence is bureaucratic. bureaucratic control is one of the control systems that are defined as systems of rules that are devised and implemented that are applicable to global business and maybe unique to a specific business. it is an important tool for risk management as well. 
5 0
3 years ago
On the end-of-period spreadsheet, Supplies has a balance of $2,000 in the Unadjusted Trial Balance Debit column and an adjustmen
Mademuasel [1]

Answer:

$1,500

Explanation:

On the end-of-period spreadsheet, the credit adjustment of $500 is made in the Debit balance of Supplies inventory, which will net off the values and resulted Supplies Inventory value will be $1,500 at the end of the year and it will be reported on the financial statements. $1,500 should be appeared for supplies in the adjusted Trial Balance column.

7 0
4 years ago
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
galina1969 [7]

Answer:

c. $6,076

Explanation:

Calculation for what Alison should record the purchase

Purchase=$6,200 ×(100%-2%)

Purchase=$6,200 ×98%

Purchase=$6,076

Therefore if Alison uses the net method to record purchases she should record the purchase at:$6,076

7 0
3 years ago
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