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3 years ago

11

True or False: Entrepreneurs are willing to accept risks for an opportunity to earn a salary by producing a new, innovative prod

uct or approach to business.

1 answer:

viva [34]3 years ago

5 0

I believe the answer to this question is "False". Hope this helps! (:

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Garland Company received proceeds of $235000 on 10-year, 6% bonds issued on January 1, 2018. The bonds had a face value of $2500

Lerok [7]

Answer:

$238000

Explanation:

The computation of the carrying value of the bond is shown below:

Given that

Face Value of Bonds = $250,000

Proceeds from issuance of bonds = $235,000

Before that we need to compute the following things

Now

Discount on Bonds Payable = Face Value of Bonds - Proceeds from issuance of bonds

= $250,000 - $235,000

= $15,000

Life of Bonds = 10 years

Now

Discount on Bonds amortized annually = Discount on Bonds Payable ÷ Life of Bonds

= $15,000 ÷ 10

= $1,500

Now

Discount amortized is

= Discount on Bonds amortized annually × expired life

= $1,500 × 2

= $3,000

Finally

Carrying Value of Bonds = Issue Price + Discount amortized

= $235,000 + $3.000

= $238,000

5 0

3 years ago

When the sponsor-investigator holds the ind for an investigational drug he or she is responsible for annual reporting of which o

Lapatulllka [165]

Answer: IND report

Explanation:

A sponsor investigator has numerous roles to perform which includes

Control of the investigational drug

Record retention

Reporting

Assurance of IRB review

Inspection.

So, under the reporting role he or she will be saddled with the responsibility of giving an annual report of the IND investigation.

6 0

3 years ago

According to the textbook, government price controls fail because: A. they are not enforced. B. legislation cannot repeal basic

Morgarella [4.7K]

Answer:

The correct answer is letter "B": legislation cannot repeal basic economic motives.

Explanation:

Government price controls are regulations imposed by the central government of a country to set limits on prices of certain goods or services because of a surplus, shortage or simply to maintain the demand and supply of those products at their equilibrium level.

However, the demand for some of those products could be unpredictable because individuals could react in opposite directions even if the government has set rules against consumers' favor. <em>Customers' motives might not be always repealed by legislation</em>.

4 0

3 years ago

When the _____ value of debt is the same as its face value, it is said to be selling at _____ value.

Allushta [10]

Answer:

When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

Explanation:

Face value and par value is same. When market price of the bond is same as the face value of the bond it is said that this debt is trading on its par value. Par or face value is the value on which bond is initially issued and the value mentioned on the face of the bond. So, When the <u>market</u> value of debt is the same as its face value, it is said to be selling at <u>par</u> value.

8 0

3 years ago

sharp screen films, inc., is developing its annual financial statements at december 31, current year. the statements are complet

gavmur [86]

Financial statements are written records that outline a company's operations as well as its financial success. Government organizations, accounting firms, and other entities frequently audit financial statements to assure their accuracy and for reasons related to taxes, financing, or investment. The balance sheet, income statement, cash flow statement, and statement of changes in equity are the four basic financial statements used by for-profit organizations. Nonprofit organizations employ a comparable but distinct set of financial statements.

SHARP SCREEN FILMS, INC.

Statement of Cash Flows

For the Year Ended December 31, Current year

Cash flows from operating activities:

Net income 46050

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation expense 13650

Decrease in accounts receivable 7200

Increase in merchandise inventory -4850

Decrease in accounts payable -10200

Decrease in wages payable -400 5400

51450

Net cash provided by operating activities

Cash flows from investing activities:

Cash payments to purchase fixed assets -58950

Net cash used in investing activities -58950

Cash flows from financing activities:

Cash payments on long-term note -10900

Cash payments for dividends -13950

Cash receipts from issuing stock 33400

Net cash provided by financing activities 8550

Net increase in cash during the year 1050

Cash balance, January 1, current year 63900

Cash balance, December 31, 2015 current year 64950

Financial information is used by analysts and investors to assess a company's performance and forecast the course of its stock price in the future. The company's annual report, which includes its financial statements, is among the most significant sources of trustworthy and audited financial data.

Investors, market analysts, and creditors analyze the financial statements to assess the strength of a company's finances and future profits potential. The statement of cash flows, income statement, and balance sheet are the three main financial statement reports.

Learn more about financial statements here

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4 0

2 years ago