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
kakasveta [241]
3 years ago
6

On September 1, 2021, Southwest Airlines borrows $39.5 million, of which $7.0 million is due next year. Show how Southwest Airli

nes would record the $39.5 million debt on its December 31, 2021, balance sheet.
Business
1 answer:
Alik [6]3 years ago
4 0

Explanation:

The recording of the $39.5 million debt in balance is presented below:

                                               Balance sheet  

Current liability

Current portion of long term debt           $7,000,000

Long term liability

Notes payable                                          $32,500,000

Total liabilities                                          $39,500,000

You might be interested in
How often should a system demo occur?
Elden [556K]

A system demo should occur After every iteration .

<h3>When should a system demo occur?</h3>

A system demo shows the new features that the system has, as a result of the iteration that it was just put through. This is very helpful in knowing the features that you can use to make the system perform in such a way that your work will be done well.

It is therefore best that a system demo is done after every iteration has been done. This ensures that the system's features will be seen and used effectively.

Find out more on system demo at brainly.com/question/14264947

#SPJ1

6 0
1 year ago
Samuel owns a bond with a par value of $5,000 and a coupon rate of 5 percent. he will receive _____ in annual interest until the
tester [92]
Given:
Par value of the bond : 5,000
coupon rate of the bond: 5%

par value x coupon rate = annual interest

5,000 x 5% = 250 annual interest

Samuel will receive an annual interest of $250 until the bond reaches maturity, or he sells the bond to someone else.

Regardless of the changes in bond prices in the market, Samuel will always receive a fixed annual interest of 250 from his bond.


4 0
4 years ago
The Great Fish Taco Corporation currently has fixed operating costs of $15,000​, sells its​ pre-made tacos for $6.00 per​ box, a
Makovka662 [10]

Answer: The Break-Even Point will reduce from $4,285.71 to $4,125

Explanation:

To get the Break-Even Point we can divide Fixed Assets by the Contribution margin.

The Contribution Margin is the Selling Price minus the Variable Cost.

For Scenario 1 the Break-Even Point will be,

= 15,000 / ( 6 - 2.50)

= $4,285.71

For Scenario 2 the Break-Even Point is,

= 16,500 / 6.5 -2.5

= $4,125

The Break-Even Point for Scenario 2 means that even though the higher Fixed Costs could have led to a higher Break-Even Point, the higher price contributed more than the fixed costs did and led to an ultimately lower Break-Even Point than the first Scenario.

3 0
3 years ago
Needs for a project could include telecommunications, transportation, power, and availability of technically skilled talent. The
VMariaS [17]

Answer:

2. Infrastructure

Explanation:

Infraestructure is the collection of physical facilities that a business needs to perform an economic activity in a particular enviroment.

The needs described in the question are infraestructure needs because they refer to physical facilities such as telecommunications infraestructure, transporation means, power (electricity) facilities.

The availability of technically skilled talent is not a physical asset, but it is human capital that is needed to build the infraestructure.

7 0
4 years ago
Abarrier along the open sides of stairways and platforms that prevent falling is
kotykmax [81]
Stair rails is a barrier along the open sides of stairways and platforms that prevent falling is
4 0
3 years ago
Other questions:
  • While taking a hike in the forest, you find some fossils in layers of sedimentary rocks whose age you later find out is said to
    11·1 answer
  • Which of the following is the best example
    10·1 answer
  • Why does Maureen Riehl state that internet retailers have an "unfair price advantage" when they don't collect sales tax from out
    5·1 answer
  • Operating a summer band camp - what would be the input - the conversion, and the output?
    6·2 answers
  • Wilton Corporation had beginning retained earnings of $724,000 and ending retained earnings of $833,000. During the year, it iss
    10·1 answer
  • Leslie Halverson is considering investing in the stock market. She wants to be sure to be able to get her money back whenever sh
    9·1 answer
  • Which of the following does not describe a trial balance? a. Proves that all transactions have been recorded b. Proves the mathe
    15·1 answer
  • the probabilities that stock A will rise in price is 0.61 and that stock B will rise in price is 0.39. Further, if stock B rises
    5·1 answer
  • Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price—hourly wage rate $16.70, payroll
    7·1 answer
  • The project management institute initially published the _________ to address the need to bridge the gap between organizational
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!