On May 1, Pierce Company purchased $60,000 of Stanton Company's 12% bonds at 100 plus accrued interest of $2,400. On June 30, Pierce received its first semiannual interest. On February 1, Pierce sold $50,000 of the bonds at 103 plus accrued interest.
The journal entry Pierce will record on February 1 will include the total proceeds from the February 1 sale credit to Gain on Sale of Investments for $1,500
(this would also include a
Dr: Cash for $51,500
Cr: Investment-Stanton Company for $50,000)
Interest is the monetary fee for the privilege of borrowing money, usually expressed as an annual rate (APR). Interest is the amount a lender or financial institution receives for lending money.
In finance and economics, interest is a payment made by a borrower or deposit-taking financial institution to a lender or depositor in excess of the repayment of principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, the bank will pay you interest. Banks pay you to hold your money and use it to invest in other transactions.
Learn more about interest here
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Answer:
Efficiency wage theory. Option A
Explanation: Efficiency wage theory is the idea that an increase in wages will lead to more productivity among workers because they will feel more motivated to work.
This is important for the employers also, because it will lead to higher productivity if they paid their employees more than what the market conditions dictate.
For example in a competitive labour market, employer A will enjoy more productivity and employee loyalty than employer B if employer A paid $10/hr and employer B paid $5/hr, in the same industry.
It depends on the particular situation if she sells it for $300 she gains for that one sale. But if that person can reproduce the formula and sell it herself then she should not do it. if she can't reproduce it and sell it herself then yes tell it to the room mate for $300. and why are you spending so much on Advertising I would definitely cut back on my advertising costs and find different Avenues there's no way you should be paying the same price on a product that cost you $200 to make and you spent $200 to advertise know your product is $400 with no profit for you yet. it would be much better to sell a product and gain more profit in spending so much money on Advertising. There are so many ways to advertise over social media Google tweeter Yelp that will help you a great deal and they do not cost a lot at all Google my business is only $300 a year or 350 A year and Facebook business class nothing unless you want to put more advertising in it which is very inexpensive Yelp is very good a small campaign is 350 a month and they will give you all the graphs to Target your advertising
Answer:
the goal of vertical integration is typical to increase sales eliminate coast and improve profits by improving business operations backward vertical integration can reduce or eliminate the leverage that suppliers have over the film and why doing to reduce
