Explanation:
The journal entries are shown below:
1. Cash A/c Dr $ 5,050,000
To Bonds payable A/c $5,000,000
To Premium on Bonds payable A/c $50,000
(Being bond is issued)
2. Interest Expense A/c Dr $3,97,500
Premium on bonds payable A/c $2,500 ($50,000 ÷ 20)
To Interest payable A/c $400,000 ($5,000,000 × 8%)
(Being the interest expense is recorded)
Answer:
correct option is A. $145
Explanation:
given data
investment cost = $2900
interest rate = 5% per year
solution
formula for present value of perpetuity is
investment cost = fixed cash saving per year ÷ interest rate ..................1
put her value we get fixed cash saving per year that is
saving per year cost = $2900 × 5%
saving per year cost = $2900 × 0.05
saving per year cost = $145
so correct option is A. $145
Answer:
The correct answer is workforce Polarization.
Explanation:
Polarization means that a gap has developed in the job market, with most employment opportunities at the lowest and highest levels and few jobs for those with midlevel skills and education. At one end, there has been strong demand for low-skilled, low-paying jobs in industries like food service and retail. On the other end, some research shows that in certain fields there has been a steadily increasing demand for highly skilled and educated professionals, technologists, and managers. These high-skilled positions also tend to be highly paid.
Answer:
2.5 billion
Explanation:
because thats a big number
Answer:
Explanation:
Return on common stockholders' equity for 2015:
(Net income - preferred stock)/Equity
(63,000-5,400)/2,400,000 = 57,600/2,400,000 = 2.4%
Return on common stockholders' equity for 2015:
(99,000-5,400)/3,000,000 = 93,600/3,000,000 = 3.12%
From these calculations, it is clear that return has improved.
