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3 years ago

Five different institutional source of contracts

1 answer:

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1.Reflecting on and exploring a variety of strategies to learn more effectively.
2.Participating as responsible citizens in the life of local, national and global communities.
3.Being culturally and aesthetically sensitive across a range of social contexts.
4.Exploring education and career opportunities.
5.Developing entrepreneurial opportunities.

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Physical boundaries are a convenient and effective way to announce the ending of one legal or cultural system and the beginning

Margarita [4]

Answer:

True

Explanation:

Yes, it is true that physical boundaries are the most effective way to uphold the culture system within the boundary. This is because physical boundaries define some set of rules that adhere to specific boundaries only and it is the duty of the native of that boundary to obey that set of rules.

Physical boundaries aside the one legal system within the boundary from the other legal system.

5 0

3 years ago

Diane Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of

White raven [17]

Answer:

Diane Corporation

1-a. Amount of Current Liabilities:

$102,400

1-b. Computation of working capital:

Working capital = Current assets minus Current liabilities

= $168,000 - 102,400 = $65,600

2. Computation of working capital with contingent liabilities of $250,000 in the notes to the financial statements:

If the contingent liabilities are likely to occur, since the amount has been ascertained, the working capital would have been different.

Working capital would have been = 168,000 - 102,400 - 250,000 = ($184,400).

Explanation:

a) Current Liabilities:

Accounts payable 56,000

Income taxes payable 14,000

Liability for withholding taxes 3,000

Rent revenue collected in advance 7,000

Wages payable 7,000

Property taxes payable 3,000

Note payable (10%, due in 6 months) 12,000

Interest payable 400

Total current liabilities $102,400

b) Current Assets = Total assets minus noncurrent assets

= $530,000 - 362,000 = $168,000

c) Contingent liabilities are probable future financial obligations. They become probable to occur in the future as a result of some past events. If it is probable that they would occur and the amount involved can be reasonably estimated, they are recognized in the accounts. If the amount cannot be ascertained, they are presented as notes to the financial statements.

d) Current liabilities are the financial obligations owed by an entity to others as a result of past transactions, and their payment or settlement is usually due within the next 12 months.

e) Working capital is the difference between current assets and current liabilities of a company. It is called working capital because they are the net resources that can be used in the business operations of the company within the current period.

4 0

3 years ago

MARKING BRAINLIEST IF RIGHT! NO ABSURD ANSWERS!

GarryVolchara [31]

Answer:

I believe its A signs one contract

8 0

3 years ago

Read 2 more answers

On January 1, 2020, Oriole Company purchased 12% bonds, having a maturity value of $320,000 for $344,260.74. The bonds provide t

n200080 [17]

Answer:

face value $320,000, coupon rate 12%

current market value $344,260.74, effective interest rate 10%

maturity in 5 years, coupon paid yearly

(a) Prepare the journal entry at the date of the bond purchase.

Dr Investment in bonds (AFS) 320,000

Dr Premium on investment in bonds (AFS) 24,260.74

Cr Cash 344,260.74

(b) Prepare the journal entries to record the interest revenue and recognition of fair value for 2020.

unamortized premium = ($320,000 x 12%) - ($344,260.74 x 10%) = $38,400 - $34,426.07 = $3,973.93

Journal entry to record accrued interests:

Dr Interest receivable - investment in bonds (AFS) 38,400

Cr Interest revenue 34,426.07

Cr Premium on investment in bonds (AFS) 3,973.93

Journal entry to record recognition of fair value 2020

fair market value $342,000 - $340,286.81 (carrying value) = $1,713.19

Dr Fair value adjustment - equity 1,713.19

Cr Unrealized gain on investment in bonds bonds (AFS) 1,713.19

unamortized premium = ($320,000 x 12%) - ($340,286.81 x 10%) = $38,400 - $34,028.68 = $4,371.32

fair market value $329,700 - carrying value $335,915.49 = -$6,215.49

Dr Unrealized loss on investment in bonds bonds (AFS) 6,215.49

Cr Fair value adjustment - equity 6,215.49

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3 years ago

Dave has arranged a catered lunch for his team members to celebrate the completion of their work so they can see one another for

PSYCHO15rus [73]

Answer:

Dave's team is now in the fifth and the last stage.

Explanation:

There are a total of five stages in team development are as follows

1. Forming: At this stage, the creation of a new group starts, where the members appear collectively and become to understand each other during the communications.

2. Storming: Once the forming stage is completed, the people will start communicating with each other in the context of the responsibility to be performed.

3. Norming: Once the duty of each member is cleared along with the power and responsibility, the group members begin settling in a society.

4. Performing: At this stage, synergy gets built between the group members, where each and everyone acts towards the fulfillment of an objective.

5. Adjourning: This is the fifth and the last stage of group development, where the group is eliminated, and the group members are isolated from each other.

Thus, Dave's team is now in the fifth and the last stage of team development as Dave has arranged a catered lunch for his team members to celebrate last time with his group before separated from each other which is done in the fifth stage is Adjourning stage of team development.

4 0

3 years ago