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pishuonlain [190]
2 years ago
7

INVESTOR Corp. was interested in investing in bonds and, on 01/01/2012 purchased 8% bonds dated January 1, 2012. These bonds had

a face amount of $10 million, pay interest on 06/30 and 12/31, and mature in 10 years. For bonds of similar risk and maturity, the market yield is 6%. INVESTOR Corp. uses the effective interest method. 1. Prepare INVESTOR Corp.’s entry to record the bond purchase? 2. Prepare INVESTOR Corp.’s entry on 06/30/2012 and on 12/31/2012 to record interest?

Business
1 answer:
seropon [69]2 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Positive corporate brand image.

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3 years ago
Low unemployment rates are often: A. an indicator that finding a job is extremely difficult. B. associated with an ability to fi
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Answer:

The correct answer is letter "B": associated with an ability to find a job with relative ease.

Explanation:

Unemployment is the state in which an individual who is able and willing to join the workforce cannot find a job even if that individual is constantly looking for opportunities.  

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2 years ago
"The Marlene Doll Co. uses a process costing system. Consider the following data for Dept. A. UNITS: W-1-P Nov. 1: 8,000 units,
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Answer:

The Marlene Doll Co.

Weighted-AVerage Method

Cost of production:

COSTS: W-1-P Nov. 1:                    $9,600         $4,800

Costs added in November:           15,600         14,400

Total costs for the month          $25,500       $19,200

Equivalent units of production:

                                       Units   Materials  Conversion

Transferred to Dept B: 12,000     12,000        12,000

W-1-P Nov. 30:               6,000       6,000         3,000

Equivalent units                            18,000        15,000

Cost per equivalent units:

                                            Materials    Conversion

Total costs for the month   $25,500       $19,200

Equivalent units                      18,000         15,000

Cost per equivalent unit       $1.42           $1.28

Costs assigned to:

Units Transferred to Dept B:  $17,040      $15,360              $32,400

                                     (12,000 *$1.42)     (12,000 * $1.28)  

W-1-P Nov. 30:                           8,520           3,840                 12,360

                                     (6,000 *$1.42)     (3,000 * $1.28)

Total costs assigned           $25,560       $19,200              $44,760

 

FIFO Method

Equivalent units of production:

                                                Units   Materials  Conversion

W-1-P Nov. 1:                           8,000      0 (0%)        2,000  (25%)

Units started & completed: 10,000     10,000        10,000

W-1-P Nov. 30:                       6,000      6,000         3,000

Equivalent units                                   16,000        15,000

Cost per equivalent units:

                                            Materials    Conversion

Total costs for the month    $15,600         14,400

Equivalent units                      16,000        15,000

Cost per equivalent unit       $0.975        $0.96

Costs assigned this month to:

Work-in-Process                      $0                 $1,920                $1,920

                                     (0 *$0.975)         (2,000 * $0.96)  

Units completed                      $9,750        $9,600              $19,350

                                     (10,000 *$0.975)   (10,000 * $0.96)  

W-1-P Nov. 30:                           5,850           2,880                 8,730

                                     (6,000 *$0.975)    (3,000 * $0.96)

Total costs assigned            $15,600        $14,400            $30,000

Total costs of:

Units transferred out         $19,350       $16,320         $35,670

W-1-P Nov. 30:                       5,850           2,880              8,730

Total costs                        $25,200       $19,200         $44,400

Explanation:

a) Data and Calculations:

Dept. A. UNITS:

                                        Units   Materials  Conversion

W-1-P Nov. 1:                    8,000      100%           75%

Started in November:   10,000

Transferred to Dept B: 12,000      100%          100%

W-1-P Nov. 30:                6,000      100%           50%

6 0
2 years ago
When using ___________, finalists are ordered from the most desirable to the least desirable based on results of discretionary a
Gennadij [26K]

When using <u>Ranking</u>, finalists are ordered from the most desirable to the least desirable based on results of discretionary assessments.

Operations control is chiefly worried about planning, organizing, and supervising inside the contexts of manufacturing, manufacturing, or the availability of services. As such, it's far delivery-focused, ensuring that a company correctly turns inputs to outputs in a green manner.

It actually approaches the cease-to-stop technique of shifting and storing elements of completed and unfinished goods. as an example, a vehicle production business enterprise will save and transfer automobiles (or their components) in a scientific manner.

The number one goal of operations control is to utilize the sources of the enterprise, to create such services or products that fulfill the needs of the clients, with the aid of offering “proper component at the right rate, vicinity and time”.

Learn more about Operations management here

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8 0
2 years ago
Jenny plans to buy a new swimsuit for her spring break cruise. She has not seen this year's styles and thus will do some compari
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Answer:

Jenny is engaging in Limited Decision Making.

Explanation: Limited Decision Making is the process in which a consumer spends time to compare between products and services that they are familiar with, but will need time to come to a reasonable decision that they believe is worth their money.

Sometimes, customers may come across brands that are unfamiliar within a familiar category, they will therefore need to gather information about this brand, and how it compares to the familiar brands that they are used to. This is also Limited Decision Making.

An example is when a consumer finds a new soft drink among familiar soft drinks that he/she is used to.

8 0
2 years ago
Read 2 more answers
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