Answer:
B
Explanation:
This has nothing to do with your financial history, while every other option does.
37.5%
Formula:
.15/.40=0.375
Convert decimal to %= .375*100 = 37.5%
Answer:
Sales and Operation Planning is integrated to achieve business goals. The executives and business managers will be able to focus on achievement of company goals.
Explanation:
Sales and operations planning integration is a key function for any business. The leadership management is able to focus on strategic planning based on demand and supply of the products. They are able to improve their forecasting and bring accuracy in budgeting. Companies are able to improve their business profits based on integrated planning.
Answer:
a) Prepare the journal entry to record interest at the effective interest rate at December 31.
- Interest expense (10% × 1/2 × $380) = $19.0
-Cash (paid to bondholders) (9% × 1/2 × $400) = $18.0
- Discount on Bond Payable 19.0 - 18.0 = 1
Account Title Dr Cr
Interest expense 19
Discount on Bond Payable 1
Cash 18
What would be the amount(s) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2018, if it uses the direct method?
-Agee would report the cash inflow of $380 million from the sale of the bonds as a cash inflow from Financing Activities in its statement of cash flows. (selling bonds is a financing activity)
-The $18.0 million cash interest paid is cash outflow from Operating Activities because Interest is an Income Statement (Operating) item.