Answer:
$150,000
Explanation:
Calculation for the amount of Cash raised for the Levy Company
Using this formula
Cash raised for Levy Company = Number of Bonds * Face value of the Bond
Let plug in the formula
Cash raised for Levy Company = 100 * $1,500
Cash raised for Levy Company = $150,000
Therefore the amount of Cash raised for the Levy Company will be $150,000
A clear expression of a firm's Organizational purpose will detail why an organization exists, what problems it wishes to solve, and who it wants to be to every person it touches through its work.
<h3>What is a firms organizational purpose?</h3>
This is a terminology that is used to refer to the objectives of the firm as well as the goals and what it hopes to achieve.
It helps to highlight the problems in the society that it wishes to solve and all of its goals.
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The answer to this question is: engagement
In business terms, engagement refers to The emotional commitment that each employee has towards the company where they work.
Company with high engagement level often produce more employees that willing to take initiative and sacrifices in order to obtain company's goals
The complete question should have been:
Malcolm Industries recently hired a large number of workers for the company's new construction factory in Colorado. During the hiring process, the management made a clear effort to recruit physically strong individuals because the work at the factory involves manual labor. The jobs need to be performed by individuals who have the energy and physical stamina to work for long hours. Which of the following surface-level characteristics did the company most likely concentrate on when selecting the new workers?
A.) Age
B.) Values
C.) Beliefs
D.) Religion
E.) Personality
Answer: Age.
Explanation:
Malcolm Industries made use of Age as the Surface Level Characteristic that determined who would be employed. A surface level characteristics can be defined as differences that individuals possesses that easily be identified when they are seen.
The entry for this transaction would be this:
Land 1,827,000
Ordinary shares 1,827,000
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<span>The market value of the shares on </span>this transaction<span> does not affect the recording of this transaction. If the share has no par value, the stated value should be used. Stated value is a value assigned by the company to its stock for the purpose of accounting and it does not have any relation with the market value of the shares. Since stated value is not given in this problem, we should record the entire amount of the land exchanged in this transaction to the "Ordinary shares" account.</span>