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Softa [21]
3 years ago
10

the acme corporation has adopted tiny brothers as a means of controlling employees. what is a "tiny brother"?

Business
1 answer:
STALIN [3.7K]3 years ago
3 0
The "tiny brother" that is adopted by the acme corporation is : Security Camera
With these cameras, they can control their employees and prevent them from doing a potential act of crime that may negatively affect the company

hope this helps
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On the first day of its fiscal year, Chin Company issued $26,200,000 of five-year, 6% bonds to finance its operations of produci
olga_2 [115]

Solution :

a. 1). Preparing the journal entry to record the issuance of bonds.

  Date       Account title                               Debit ($)                        Credit ($)

   Jan 1      Cash                                           25,110,559

                 Discount on bonds payable       1,089,441

                 Bonds payable                                                                 26,200,000

a. 2). Preparing the journal entry to record the first semi annual interest payment.

  Date       Account title                               Debit ($)                        Credit ($)

Jun 30    Interest expense                          390559            

               Discount on the bonds payable                                        108,945

                Cash ($26,200,000 x 3%)                                                 786,000

a.3). Preparing the journal entry to record the second semi-annually interest payment.

  Date       Account title                               Debit ($)                        Credit ($)

Dec 31      Interest expense                       390,559

                  Discount on bonds payable                                             108,945

                  Cash                                                                                   786,000  

b). Determining the amount of bond interest expense for the 1st year.

            Particulars                                                Amount ($)

Interest expense  ( 786,000 +  786,000 )            1,572,000

Add : Discount amortized (108,945 + 108,945)    217,890

Interest expense (for the 1st year)                        1,789,890

c).  The company issued the bonds having face value of $26,200,000 for $25,110,559. That is the bonds are issued at a discount for $1,089,441. The bonds are issued at a discount as the market interest of the bonds are higher than the bonds coupon rate.

                           

6 0
3 years ago
Cellular​ Access, Inc., a cellular telephone service provider reported net income of $ 253.8 million for the most recent fiscal
bulgar [2K]

Answer:

$143.20 million

Explanation:

The computation of the free cash flow is shown below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net Working Capital - net capital Expenditure.

= $253.80 million + $103.3 million - $10.6 million - $203.3 million

= $143.20 million

All other information which is given is not relevant. Hence, ignored it

7 0
3 years ago
Sales $2,150,000 Manufacturing costs: Direct materials $960,000 Direct labor 420,000 Variable manufacturing cost 156,000 Fixed m
son4ous [18]

Answer:

Net income                                                      <u> 26,000</u>

Explanation:

Absorption costing classifies costs as production cost and non-production costs ( selling and distibution , administration e.t.c)

Income statement using Absorption costing

                                                                          $

Sales Revenue                                        2,150,000

Less cost of goods sold

Direct material                         960,000

Direct labour cost                   420,000

Variable manufacturing           156,000

Fixed manufacturing                <u>288,000</u>

production cost                                          (<u> 1,824,000 )</u>

Gross profit                                                  326,000

Selling and distribution

Variable                                   204,000                

Fixed                                          <u>96,000</u>    

                                                                     <u>(300,000) </u>

Net income                                                      <u> 26,000</u>

                 

5 0
3 years ago
Problem page kala bought a sofa on sale for $207.20 . this price was 72% less than the original price. what was the original pri
JulsSmile [24]
So you get 207.20 x0.72 =147
6 0
2 years ago
Imagine that your boss is someone whom you and your coworkers have very little respect for, but you and others continue to do wh
Maksim231197 [3]

Answer:

The correct answer is letter "B" and "E": Behave in an authoritarian way.; Hold back talented employees.

Explanation:

Disrespected bosses tend to use their authority to let others know their ideas since they transmit no inspiration because of who they are. It is the only form they can get subordinates' attention. Besides, when subordinates start to show leadership skills or special talents, the disrespected boss would minimize that individual in an attempt to keep his or her power and not to be replaced by that subordinat

6 0
3 years ago
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