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Hunter-Best [27]
3 years ago
8

On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $52 million at par and classified the securit

ies as available-for-sale. On December 31, 2021, these bonds were valued at $46 million. Nine months later, on October 3, 2022, Jefferson Corporation sold these bonds for $62 million. As part of the multistep approach to record the 2022 transaction, Jefferson Corporation should finally take the third step of recording a sales transaction with a gain of:
Business
1 answer:
sineoko [7]3 years ago
5 0

Answer:

Transaction gain = $16 million

Explanation:

Given:

Purchase amount = $52 million

December 31, 2021, bonds value = $46 million

October 3, 2022, bonds sold = $62 billion

Computation:

Using multi-step approach

Transaction gain = October 3, 2022, bonds sold - December 31, 2021, bonds value

Transaction gain = $62 million - $46 million

Transaction gain = $16 million

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Key West To Go, located in Key West, Florida, builds and sells scooters. These are sold to several local shops in the area, who
beks73 [17]

Answer:

d. 42.90 hours

Explanation:

y = aQᵇ

y = average time to produce one more unit

a = the time it took to produce the first unit

Q = cumulative production

b = learning rate = [(log learning rate in %) / log 2] = -0.152003093

learning rate in % = 10.8 / 12 = 0.9 = 90%

cumulative quantity             average hours per unit               total hours

1                                                    12                                               12

2                                                   10.8                                            22.8

3                                                   10.38                                          33.18

4                                                   12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72            42.90

3 0
3 years ago
Adam Smith a. and David Ricardo both opposed free trade. b. opposed free trade, but David Ricardo supported it. c. supported fr
hichkok12 [17]

Answer:

Adam Smith;

d. and David Ricardo both supported free trade

Explanation:

A free market is a market where international trade relations is subjected minimal interference from the government. Government interference are usually in the form of tariffs, quotas and other restrictions. Adam Smith was a staunch advocate of free trade. He argued that people were ca[able of reasoning and thus should object to unreasonable government regulations on them. Using the policy of Laissez-Faire which argued that government intervention on the economy should be minimal. According to Smith, the natural laws of supply and demand should take cause to balance the market properly.

David Ricardo was also a strong advocate for free trade. He use the theory of comparative advantage to prove his point. The law of comparative advantage states that one needs when one country can produce a good or service at a lower cost than the other country, then they have comparative advantage over that country. Therefor they will produce more of that good that they have an advantage over as compared to another good or service that is more costly. This law he argued could be used in international free trade.

We can conclude that Adam Smith and David Ricardo supported the concept of free trade.

4 0
3 years ago
4. What type of documents should you file from work?
abruzzese [7]

Answer:

benefits package information

8 0
3 years ago
Actively sharing HR metrics and workforce analytics information with managers via email is called ________.
ki77a [65]

The correct option is D.

<h3>What are push operations?</h3>

Push Operations is a cloud-based restaurant labor management platform designed to help HR managers and recruiters automate processes for streamlining payroll, time tracking and task scheduling.

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Electronic mail (e-mail) is a computer-based application for the exchange of messages between users. A worldwide e-mail network allows people to exchange e-mail messages very quickly.

E-mail is the electronic equivalent of a letter, but with advantages in timeliness and flexibility.

I understand that the question you are looking for is :

Actively sharing HR metrics and workforce analytics information with managers via e-mail is called push systems of reporting.

a. benchmarking

b. putting HR metrics and analytics data in context

c. bottom line reports

d. push systems of reporting

Learn more about HR metrics on:

brainly.com/question/15586049

#SPJ4

3 0
2 years ago
A firm has zero debt and an overall cost of capital of 13.8 percent. The firm is considering a new capital structure with 40 per
lara31 [8.8K]

Answer:

First we need to compute levered cost of equity

Ro = 15.40%

D/E ratio = 0.40/(1-0.40) = 0.6667

Rd=7.2%

We have following formula for levered cost of equity using MM model proposition II:

Without taxes

Re = Ro + (Ro – Rd) x (1-t) x D/E

     = 0.1380 + (0.1380-0.0720)x (1-0.0)x0.6667

     = 0.1380 + 0.0440

     = 18.20%

Therefore, new cost of equity would be 18.20%.

With taxes

Re = Ro + (Ro – Rd) x (1-t) x D/E

     = 0.1380 + (0.1380-0.0720)x (1-0.34)x0.6667

     = 0.1380 + 0.0290

     = 16.70%

Therefore, new cost of equity would be 16.70%.

6 0
3 years ago
Read 2 more answers
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