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kherson [118]
3 years ago
8

On September 1, 2021, Southwest Airlines borrows $39.3 million, of which $6.6 million is due next year. Show how Southwest Airli

nes would record the $39.3 million debt on its December 31, 2021, balance sheet. (Enter your answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.)
Business
1 answer:
Pavlova-9 [17]3 years ago
4 0

Answer:

Balance sheet

Current liability:

Current portion of long term debt = $6,600,000

Long term liability:

Notes payable = ($39,300,000 - $6,600,000)

                        = $32,700,000

Therefore,

Total liabilities = Current liabilities + Long term liabilities

                        = $6,600,000 + $32,700,000

                        = $39,300,000

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Answer:

D

Explanation:

D is the answer sjkrkdrir

8 0
2 years ago
7. Which situation indicates a mixed economy?
STatiana [176]

Answer:

C Services are provided by both private and public sectors.

Explanation:

In a mixed economy, the private sector has the freedom to participate in economic activities, although the government has a role to play.  A mixed economy allows the private sector to own the factors of production hence are free to decide what business they wish to run. Consumers have the liberty to select their suppliers.  There is competition in the market place as profits motivate entrepreneurs.

The government is involved in the provision of public goods such as roads, hospitals, and schools. It provides regulatory services to the private sector to ensure fairness in the economy.

5 0
2 years ago
According to the erosion model of organizational commitment, the employee with the fewest emotional bonds is the most likely to
Likurg_2 [28]

The statement, according to the erosion model of an organizational commitment, the employee with the fewest emotional bonds is the most likely to quit, is true.

The erosion model explains that an organization's employee who have less or fewer emotional bonds tend to quit the organization because they do not feel or get involved in the organization, or they don't feel any attachment to it.

Here the social influence model states that suppose when two employees are closely related or have good terms, so if one of them quits their work, then the other one is more likely to follow them and leave the organization.

Hence, the erosion model suggests that employees with fewer bonds will be most likely to quit the organization.

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4 0
1 year ago
What are the primary advantages to owning a franchise?
Volgvan

Answer:

Explanation:

Owning a franchise has the following main advantages:

1) A franchise owner gets valuable help throughout the lifespan of the business. Upon acquiring a franchise, the business owner receives a continuous training and assistance necessary for marketing and management.

2) Owning a franchise comes with a low rate of failure. A franchise comes with an established business concept that is already successful in the market which assures the owner of better chances of success compared to starting up an independent business.

6 0
3 years ago
Read 2 more answers
The following information is related to Alpha Company:
yan [13]

Answer:

c. $5.1 per hour.

Explanation:

Estimated Manufacturing overhead = $249,000

Estimated direct labour hours = 50,000

Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours

Predetermined overhead Rate = $249,000 / 50,000

Predetermined overhead Rate = $4.98

The given is inconsistent with the options given in this question. A similar question is attached with this answer. The following answer is made according to the attached question. please find that.

Estimated Manufacturing overhead = $254,000

Estimated direct labour hours = 50,000

Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours

Predetermined overhead Rate = $254,000 / 50,000

Predetermined overhead Rate = $5.08 = $5.1 per hour

3 0
3 years ago
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