Answer:
c. $9,702
Explanation:
Elias Corporation has issued 10% bond the semi annual rate of bond is 10%. The 10% rate is divided by 2 to find the actual semi annual rate of interest on the bond. The rate of bond is 5%. The amount at which bond can be sold will be used to calculate interest expense of the bond.
$97,020 * 5% = $4,851
The annual interest expense will be, $4,851 * 2 = $9,702
The correct answer is c.$9,702
Answer:
The difference is attributed to sales.
Explanation:
The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.
Answer:
Willow Trees Inc. should use bottom-up planning
Explanation:
Bottom-Up Planning is an effective method to increase productivity and efficiency of the production process. It includes planning, and defining the objectives that company needs to achieve through bottoms first.
Firstly, targets that will help achieve lower level hierarchy are set into place. From there they are slowly incorporated in higher level goals that will eventually reach the global goals of the company.
Answer:
The answer is: $215,000
Explanation:
Railway Company should include the goods worth $35,000 that Rogers Consignment store has. Once this amount is included, the total inventory for Railway Company should be $215,000 ($180,000 + $35,000).
Merchandise purchased and shipped as FOB destination, belongs to the seller until it has been properly delivered to the buyer. It will increase the inventory once it arrives on January 3.
Answer:
400,000
Explanation:
7% of what number = 28,000
(0.07)(X) = 28,000
X = 400,000
(which is less than 700,000. But that makes sense because not everyone living in Michael's city is necessarily part of the labor force. Some could be kids in school, others grandparents who have retired, others people who stay at home and don't work.)
