Answer:
less than $500,000
Explanation:
Based on the information given Bonds issued that has a CONTRACT RATE of 6% which is LESSER THAN the MARKET INTEREST RATE of 7% will lead to a DISCOUNT because the PRICE OF THE BONDS of 6% is LESSER THAN the FACE VALUE of the bonds which therefore means that the PRICE OF THE BONDS will be LESS THAN its face value of the amount of $500,000.
Answer:
13,750 lamps
Explanation:
Calculation to determine How many lamps should be produced in October
Numbers of lamps=(13,000 × 0.25) + 14,000 − (14,000 × 0.25)
Numbers of lamps=3,250+14,000-3,500
Numbers of lamps= 13,750 lamps
Therefore The numbers of lamps that lamps should be produced in October is 13,750 lamps
Answer:
The appropriate response is "Pure competition".
Explanation:
- Pure competition seems to be an economically efficient circumstance where there is already a massive quantity of international customers and retailers as well as the manufacturer would be ready for deployment.
- Even though both a significant quantity of products as well as extremely similar or defined consumer items seem to be characteristics of pure competition.
Answer:
Dr. Cr.
Sales, $56,000
Income Summary $56,000
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Dr. Cr.
Income Summary $52,500
Sales Returns and Allowances $3,000
Sales Discounts, $1,500
Depreciation Expense, $25,000
Salaries Expense, $23,000
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Explanation:
Cash, Equipment, Accumulated Depreciation, Accounts Payable, Owner Capital and Owner Withdrawals are all permanent accounts. These accounts will not close and do not need any closing entry.
Answer:
One of the required structural changes that must be made immediately at Holden Evan to deal with the problems caused by the three SBU marketing teams is:
Merge the three marketing teams of each SBU into a single marketing division serving all product lines.
Explanation:
The marketing department is not a product-based team. Therefore, a marketing team should not be tied to just one SBU. The SBU structure can be continued. But the combination of the marketing teams into a single group creates synergy, avoids effort duplication, reduces competitiveness among the various teams, and above all, helping the group' brand managers to utilize accumulated resources, knowledge,and information of the entire marketing organization for the benefit of the different SBUs.
