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RideAnS [48]
2 years ago
7

Identify the type of process in business that includes purchasing materials and supplies used in manufacturing, managing invento

ry, installation, and day care on-site services.
a.General management process
b. Variant process
c. Core process
d. Support process
Business
1 answer:
Sergio [31]2 years ago
4 0

Answer: (D) Support process

Explanation:

 The support process is one of the type of primary process that helps in determining the main core functions and also the operations such as communication, accounting, managing and maintenance of an organization.

The main purpose of the support process is to manage the development and the configuration management in an organization.

According to the given question, the support process is refers to the business process which include the purchasing the various types of materials that is used in the manufacturing purpose such as installations and also managing the inventory system.  

 Therefore, Option (D) is correct answer.

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2 years ago
On December 31, 2020, Lipton, Inc. sold $3,000,000 (face value) of bonds. The bonds are dated December 31, 2020, pay interest an
Arisa [49]

Answer:

Lipton, Inc.

1. Stated interest = Annual interest/Face value of bonds * 100

= $240,000/$3,000,000 * 100

= 8%

2. The market interest rate for this bond issue = Interest Expense/Price of issued bonds * 100

= $263,250/$2,925,000 * 100

= 9%

3. The selling price of the bonds as a percentage of the face value

= $2,925,000/$3,000,000 * 100

= 97,5%

4. Journal Entries:

Date                Account Titles and Explanation    Debit          Credit

Dec 31, 2020 Cash                                           $2,925,000

                       Bonds Discounts                              75,000

                       Bonds Payable                                               $3,000,000

To record the issuance of the bonds at a discount.

5.   Journal Entries:

Date                Account Titles and Explanation    Debit          Credit

Dec 31, 2021  Interest Expense                         $263,250

                      Amortization of bond discounts                      $23,250

                      Cash                                                               $240,000

To record the payment of interest and amortization of discount.

Explanation:

a) Data and Calculations:

December 31, 2020

Face value of issued bonds = $3,000,000

Interest payment = December 31 annually

Unamortized Amount = $75,000

Price of issued bonds = $2,925,000 ($3,000,000 - $75,000)

Discount on bonds =           $75,000 ($3,000,000 - $2,925,000)

Schedule:

2020 Annual Interest Interest Expense Amortization Bond Carrying Value

                                                                                                $2,925,000

1            $240,000           $263,250           $23,250               2,948,250

1. Stated interest = Annual interest/Face value of bonds * 100

= $240,000/$3,000,000 * 100

= 8%

2. The market interest rate for this bond issue = Interest Expense/Price of issued bonds * 100

= $263,250/$2,925,000 * 100

= 9%

3. The selling price of the bonds as a percentage of the face value

= $2,925,000/$3,000,000 * 100

= 97,5%

Analysis:

December 31, 2020:

Cash $2,925,000 Bonds Discounts $75,000 Bonds Payable $3,000,000

December 31, 2021:

Interest Expense $263,250 Amortization of bond discounts $23,250 Cash $240,000

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Heidi notes that Camp Bow Wow wants "a very strong culture," which consists of various elements, both visible and invisible. It is important to consider all aspects of the community when assessing the match between the culture of an entity and the environment.

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3 years ago
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