1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fynjy0 [20]
3 years ago
10

M10-10 Computing and Reporting a Bond Liability at an Issuance Price of 102 [LO 10-3] E-Tech Initiatives Limited plans to issue

$500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are issued at 102.
Business
1 answer:
Mamont248 [21]3 years ago
8 0

Answer:

Explanation:

Balance sheet presentation :

Long term liabilties  

Bonds payable                                                  500000

Add: Premium on bonds payable                     10000

Carrying value of bonds                                   510000

You might be interested in
Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business
kirza4 [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale, 30% in the month following the sale.

Cash collection:

Cash= 320,000*0,25= 80,000

Account= (320,000*0.75)*0.7= 168,000

From September= (250,000*0.75)*0.3= 56,250

Total= $304,250

8 0
3 years ago
A corporation issues $50 par convertible preferred stock, convertible at $20 per share, when the market price of the common is c
blagie [28]

Answer:

C) The conversion ratio is 2.5:1

Explanation:

The conversion ratio is:

Par Value / Conversion Price.

Hence,

$50 Par / $20 Conversion Price = 2:5:1

7 0
3 years ago
Read 2 more answers
1. describe the it architecture (both type of it architecture and its information system parts) at pepsiamericas before its cust
Liono4ka [1.6K]

Answer:

Information technology achitecture can be defined as a detailed description of the various information processing assets that is needed to achieve business objectives.

Explanation:

In our world today, businesses thrive on information. Information technology achitecture focuses on three basic tiers in an organization which are the server, middleware and client.

At PepsiAmericas, the next Gen initiative convinced executives that they needed to drive value from technology intiatives. Technology provided a common plartform for standardized business processes.

The first initiative by Johnsen created an IT governance board which included the ceo Robert pohland and the coo ken keiser.

Pepsi Americas recognised the achitectural and structural difference between each of its subsidiaries and itself.

On the otherhand, Operational excellence can be defined as the provision of reliable products and services to customers at competitive prices. whereas customer intimacy is targeting and segmenting markets and offers matching exactly to the demands of the niche.

Operational excellence means to strip off operational cost so as to deliver competitive price.

Pepsi Americas employees realised that driver turnover were no longer important. and that recessions would require that operations would change. Therefore, pepsiAmericas had to reevaluate their operations as demand was reducing and had to find a way not to waste resources.

8 0
3 years ago
When reviewing a Profit and Loss report in QuickBooks Online, which report option will quickly show a client income and expenses
Lemur [1.5K]

Answer: Compare another period > Previous year (PY)

Explanation:

QuickBooks Online is an accounting service provided to small and medium businesses to help them with their accounting needs even with the most rudimentary of knowledge.

Should you want to view a client's income and expenses over the past two years, use the compare another period and then the Previous year option. The income and expenses will be shown for the current year and the last one making it 2 years.

6 0
3 years ago
At the green restaurants corporation, an employee survey reports efforts to increase worker satisfaction by redesigning jobs led
ra1l [238]

Based on the scenario, the most likely impact on these trends on the profits of Green Restaurants is that there will be a lower cost present by which this will likely lead their restaurant to gain and increase their profits, having a higher profits.

7 0
3 years ago
Other questions:
  • Acme Inc. and Beamer Company exchanged like-kind production assets. Acme’s asset had a $240,000 FMV and $117,300 adjusted tax ba
    8·1 answer
  • Which of the following business practices, which forced competitors to shut down, was Standard Oil accused of engaging in?
    12·2 answers
  • Consider the following items: • Land • Accounts Receivable • Notes Payable (due in three years) • Accounts Payable • Retained Ea
    13·1 answer
  • Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,600,000. Suppose management projects that
    12·1 answer
  • The three key functions of sensation are, respectively, _____.
    5·1 answer
  • "Weston Jewelers uses the perpetual inventory system. On April​ 2, Weston sold merchandise with a cost of​ $5,000 for​ $10,000 t
    14·1 answer
  • Proofread the sentence below. Look for up to three errors in grammar, punctuation, capitalization, the use of numbers, and busin
    8·1 answer
  • The mayor of your city is considering building a new toll road to reduce congestion. The cost of the toll road is $10 million an
    8·1 answer
  • Examples of ______ are a group of teachers in an elementary school, a group of salespeople in a department store, a group of adm
    14·1 answer
  • The focal point of most ads is _____.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!