Answer:
the debit entry to Interest Expense is $463,145.52
Explanation:
The computation of the debit entry to Interest Expense is given below:
= Bonds carrying value × Market rate of interest
= $3,859,546 × 12%
= $463,145.52
Hence, the debit entry to Interest Expense is $463,145.52
We simply applied the above formula and the same is to be considered
We are asked to solve for the interest during the year given that it is compounded monthly, we are given with the formula A = P(1+r)^n. The solution is shown below;
A = P (1+r)^n
A = $5,000 (1+ 3.5/12)^(12*1)
A = $5,000 (1.000292)^12
A = $5,177.84
Hope this helps!
Answer:
I need these points really bad thx so much!!!!
Answer:
Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find
good chefs for her restaurant. Which type of resource is Elena lacking?
Elena is lacking Labor resource.
Explanation:
The Labor resource is the term related with the people needed for running the operation of a business. In this case Elena has the need for the chefs that will help you with the elaboration of the dishes that she wants to offer.
A business usually needs the following type of resources: labor, capital and land.
As we said previously Labor is the resource related to people.
Land is the resource related to the physical space where you want to set up your business. e.g store, online site, offices, building and so on.
Capital is the resource related to the money or financial investment needed to cover the initial launching costs.
According to dr. w. Edwards Deming's quality movement and quality efforts need to be constantly and consistently improved.
Deming is widely recognized as one of, if not the founders of total quality management. Deming is largely credited with the revolution in Japanese manufacturing management that led to the economic boom of the 1970s and 1980s.
In the 1930s, Deming was intrigued by the idea of using statistics to improve quality control. His focus was on improving production and eliminating future failures by systematically collecting failure records and investigating and correcting root causes.
Deming's philosophy known as Dr. Deming's "Management Theory" and later "systems of profound knowledge" represent a holistic approach to leadership and management. philosophy brings together an understanding of variation, epistemology, psychology, and appreciation of the system.
Learn more about Deming here brainly.com/question/26326939
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