Answer:
The Journal entry that Oriole Company will make to pay off the note and interest at maturity assuming that interest has been accrued to September 30 will be:
Dr Notes Payable 560,000
Dr Interest Payable 25,200
(560,000*6%*9/12)
Cr Cash 585,200
(560,000+25,200)
Explanation:
Based on the information given where Moss County Bank agrees to lend the Oriole Company $560000 on January 1 this means we have to Debit Note payable with 560,000 and since Oriole Company signs a $560000, 6%, 9-month this means we have to Debit Interest payable with 25,200 (560,000*6%*9/12) and Credit Cash with 585,200 (560,000+25,200).
Answer:
The ABC Corporation is planning to implement an employee share purchase plan on the basis of the codification.
The codification that outlines that employees meeting the limited employment qualifications may participate on equitable basis is '718-50-25-1'.
The codification '718-50-25' is named as 'Recognition' and the given point is mentioned in point 'b' of '718-50-25-1'.
Answer:
Looking through a suspect's garbage for possible evidence.
Explanation:
When an investigation is being carried out, looking through a suspect's trash is a good strategy.
People tend to discard relevant documents in am investigation through their trash, and looking through their garbage can uncover items that will give insights on cases.
For example if an individual commits a fraud in the process of concealment he may have torn up a document, and put it in the trash for disposal. People feel nobody goes through trash and that it is a good way of disposing evidence.
<span>The answer to this question is letter C.
According to Maslow, employees motivated by a strong need for recognition and continuously seek credit for contributions to the organization, are motivated by Esteem category of needs.
</span>=> physiological needs are describes as the most basic human physical needs, including food, water and oxygen.
=>belongingness category of need is when there is a desire to be accepted by one's peer, have friendships, be part of a group, and be loved.<span>
=></span><span>self-actualization is considered as the highest order of needs.</span>
Answer: $32.70
Explanation:
According to the dividend discount model, the value of the stock today is the present value of the dividends to be paid plus the present value of the value of the dividend from when the company starts maintaining a stable growth rate which in this question in year 2.
= (Year 1 Dividend / ( 1 + r)) + (Year 2 Dividend / ( 1 + r)²) + (value at year 2 / ( r - g))
Value at year 2 = Year 3 dividend / ( required return - growth rate)
= ( Year 2 dividend * (1 + g)) / ( required return - growth rate)
= (2.46* ( 1 + 0.039)) / ( 0.113 - 0.039)
= $34.54
Value today = (Year 1 Dividend / ( 1 + r)) + (Year 2 Dividend / ( 1 + r)²) + (value at year 2 / ( r - g))
= 3.15/1.113 + 2.46/1.113² + 34.54/1.113²
= 2.83 + 1.99 + 27.88
= $32.70
