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Doss [256]
3 years ago
14

On November​ 1, 2018, Arch Services issued $ 305 comma 000 of eightminusyear bonds with a stated rate of 11​% at par. Interest p

ayments occur each April 30 and October 31. On December​ 31, 2018, Arch made an adjusting entry to accrue interest at yearminusend. What is the amount of Interest Expense that will be recorded on December​ 31, 2018?​ (Do not round any intermediate​ calculations, and round your final answer to the nearest​ dollar.)
Business
1 answer:
Jobisdone [24]3 years ago
7 0

Answer:

$5,603

Explanation:

The calculation of Interest Expense is shown below:-

Interest made accrued on Dec 31, 2018 = Services issued × Stated rate × Remaining months ÷ Number of Months in a year

= $305,000 × 11% × 2 ÷ 12

= $305,000 × 11% × 0.167

= $5,603

Therefore for computing the Interest Expense we simply applied the above formula.

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Corporate owners earn a return​ ________. A. through interest earnings and earnings per share B. through capital appreciation an
TEA [102]

Answer:

C. By realizing gains through increase in share price and cash divideneds.

Explanation:

For most corporations, the management must strive to ensure the firm is doing well in the market space. Once a company is doing well, it will affect its share price positively on the stock exchange.

An increase in the share price of fim is a gain to the firm and its corporate owners. I.e sharedholders. This means that the value of their investment in the firm has appreciated.

Furthermore, the firm must try to make profit which is one of the reason of being in business. A firm that is making profit will be able to declare same at the end of the financial period, hence corporate holders(shareholders) would be have part in profit declaration through dividened.

7 0
3 years ago
Kaira's company recently switched to a new calendaring system provided by a vendor. Kaira and other users connect to the system,
nikitadnepr [17]

Answer:

Software as a Service (SaaS)

Explanation:

Software as a service (SaaS) allows users connected to cloud-based applications over the Internet and use them. Some common examples are email, calendars and office tools (such as Microsoft Office 365).

SaaS offers a comprehensive software solution that is acquired from a cloud service provider through a pay-per-use model. It is possible to rent the use of an application for the organization and users connect to it through the Internet, usually with a web browser. All underlying infrastructure, middleware, software and application data are located in the provider's data center. The service provider manages the hardware and software and, with the appropriate service contract, will also guarantee the availability and security of the application and data. SaaS allows an organization to get started and can run applications with a minimal initial cost.

3 0
3 years ago
PLEASE ANSWER BOTH OF THE QUESTIONS PLS!!!!!!!!!!!!!!!!!!!!
garri49 [273]
What is the product that you want to find where it comes from?
7 0
3 years ago
You have found an ideal and unique parcel of land for your business to build its plant. You negotiate and sign and contract. Eve
Romashka [77]

Answer:

The answer is through legal redress known as Specific Performance.

Explanation:

A contract is an agreement between two or more people. It is legally binding and enforceable. Each individual must satisfy their separate obligations.

Since the contract has been signed. This means it is legally binding.

Since it is legally binding, the best course of action is to proceed to court of law.

In law, this known as Specific Performance. Specific Performance is a resolution used by competent court of law to order a party to perform a specific act like order the owner of the land to relinquish the land. Specific Performance is an equitable remedy.

8 0
3 years ago
From 1970 to 1998 the U.S. dollar a. gained value compared to the German mark because inflation was higher in the U.S. b. gained
yawa3891 [41]

Answer:

lost value compared to the German mark because inflation was lower in Germany

Explanation:

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

If inflation of the currency of a country increases relative to that of another country, the value of that currency decreases

8 0
3 years ago
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