Increased optimism about the future will lead to Multiple Choice

Ima, Boyd, and their fellow employees at Endrun work on an assembly line and do not have a specialized skill. If they are succes

ANEK [815]

Answer:

An industrial union

Explanation:

Industrial unionism is a labour union organizing method through which all workers in the same industry are organized into the same union, regardless of skill or trade, that is it combines all workers, both skilled and unskilled, who are employed in a particular industry thus giving workers in one industry, or in all industries, more leverage in bargaining and in strike situations.

4 0

3 years ago

In a ________ installation, the organization implements the entire system on a limited portion of the business.

nlexa [21]

<span>This is the pilot installation. This part of the deployment phase allows the business to test out how the system is going to work without committing the resources of the entire business. If the pilot installation goes well, it can be deployed to the rest of the business: if there are errors, they can be fixed without losing the functionality of the rest of the company.</span>

4 0

3 years ago

Ramos is an aggressive investor and likes to win at everything. He knows that it is impossible to win or beat the averages all o

denis-greek [22]

Answer:

Actively managed mutual fund

Explanation:

Ramos wants to beat the average of all time, that is why he needs an investment strategy which carefully and analytically analyses all the portfolios. In that regards, Ramos should invest in an actively managed mutual fund, these mutual funds are usually managed by a group of specialist who carefully design investment portfolios in order to achieve maximum profits.

6 0

3 years ago

According to the United Nations' Human Development Index, many countries with very high development are located in _____.

Lilit [14]

The answer is Europe and Australia.

According to the United Nations' Human development Index, many countries with very high development are located in Europe and Australia. As defined in Wikipedia, Human development index is a composite statistic of life expectancy, education and income per capita indicators, which are used to rank countries into four tiers of human development.

5 0

3 years ago

Read 2 more answers

The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year:

drek231 [11]

Answer:

1. The journal entry records are the following:

1-jul year 1 Debit Credit

Cash $63,532,267

discount on bonds payable $10,467,733

bonds payable $74,000,000

31-dec year 1 Debit Credit

Interest expense $4,331,693

discount on bonds payable $261,693

Cash $4,070,000

31-dec year 1 Debit Credit

Income Summary $4,331,693

Interest expense $4,331,693

30-jun year 2 Debit Credit

Interest expense $4,331,693

discount on bonds payable $261,693

Cash $4,070,000

31-dec year 2 Debit Credit

Interest expense $4,331,693

discount on bonds payable $261,693

Cash $4,070,000

Income Summary $8,663,386

Interest expense $8,663,386

30-jun year 3 Debit Credit

Bond payable $74,000,000

Loss on redemption $7,940,961

Cash $9,420,961

discount on bonds payable $72,520,000

2. a. The amount of the interest expense in Year 1 is $4,331,693

b. The amount of the interest expense in Year 2 is $8,663,386

3. The carrying amount of the bonds as of December 31, Year 2 is $64,317,346.

Explanation:

First, to journalize the entry record for 1-jul of year 1 we have to calculate the discount on bonds payable as follows:

discount on bonds payable=$74,000,000-$63,532,267=$10,467,733

1. Therefore, journal for entry record for 1-jul of year 1 is:

1-jul year 1 Debit Credit

Cash $63,532,267

discount on bonds payable $10,467,733

bonds payable $74,000,000

To journalize the entry record for 31 decl of year 1 we have to calculate the cash as follows:

Cash=$74,000,000×11%×1/2

Cash=$4,070,000

Therefore, journal for entry record for 31-dec of year 1 is:

31-dec year 1 Debit Credit

Interest expense $4,331,693

discount on bonds payable $261,693

Cash $4,070,000

31-dec year 1 Debit Credit

Income Summary $4,331,693

Interest expense $4,331,693

To journalize the entry record for 30 jun of year 2 we have to calculate the cash as follows:

Cash=$74,000,000×11%×1/2

Cash=$4,070,000

Therefore, journal for entry record for 30-jun of year 2 is:

30-jun year 2 Debit Credit

Interest expense $4,331,693

discount on bonds payable $261,693

Cash $4,070,000

journal for entry record for 31-dec of year 2 is:

31-dec year 2 Debit Credit

Interest expense $4,331,693

discount on bonds payable $261,693

Cash $4,070,000

31-dec year 2 Debit Credit

Income Summary $8,663,386

Interest expense $8,663,386

Journal for entry record for 30-jun of year 3 is:

30-jun year 3 Debit Credit

Bond payable $74,000,000

Loss on redemption $7,940,961

Cash $9,420,961

discount on bonds payable $72,520,000

2.

a. The amount of the interest expense in Year 1 is $4,331,693

b. The amount of the interest expense in Year 2= interest expense on bonds payable June 30+interest expense on bonds payable Dec 31=$4,331,693+$4,331,693=$8,663,386

3. The carrying amount of the bonds as of December 31, Year 2=Issue price of bonds-discount amortized

Discount amortized=$9,420,961- $261,693=$9,682,654

The carrying amount of the bonds as of December 31, Year 2=$74,000,000-$9,682,654=$64,317,346

7 0

3 years ago