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neonofarm [45]
3 years ago
13

The adjusted trial balance for Marigold Corp. at the end of the current year, 2021, contained the following accounts. 5-year Bon

ds Payable 8% $3000000 Interest Payable 48000 Premium on Bonds Payable 98000 Notes Payable (3 months.) 42000 Notes Payable (5 yr.) 167000 Mortgage Payable ($15000 due currently) 199000 Salaries and wages Payable 19000 Income Taxes Payable (due 3/15 of 2022) 26000 The total long-term liabilities reported on the balance sheet are
a. $3351000.
b. $3464000.
c. $3449000.
d. $3366000.
Business
1 answer:
True [87]3 years ago
8 0

Answer:

c. $3449000.

Explanation:

The relevant long-term liabilities items are as follows:

5-year Bonds Payable 8% = $3,000,000

Premium on Bonds Payable = $98,000

Notes Payable (5 yr.) = $167,000

Mortgage Payable ($15000 due currently) = $199,000 - $15,000 = $184,000

Therefore, we have:

Total long-term liabilities = $3,000,000 + $98,000 + $167,000 + $184,000 = $3,449,000.

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Answer:

GDP is likely to remain same as a result of this conversion.

Explanation:

GDP is the total value of goods & services, produced by an economy, during a given year.

It can be calculated by 2 methods

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Given case - Converting a rented apartment into a resident owned condominium , with value of housing services = rent formerly paid :

This brings no change in the GDP, as : The apartment 'rent' previously paid was included in 'operating surplus' of national income, by Income method. And, the equal condominium value is now included in investment addition i.e 'Gross domestic capital formation' , by Income method.

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3 years ago
You recently interviewed a candidate for a position in your sales department. However, another candidate was more qualified. You
AleksAgata [21]

Answer:

B. Invite further correspondence.

C. Close with good wishes.

D. Buffer the opening.

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These are all strategies that can be used to soften the bad news of rejection for a candidate that is not going to be hired. When you buffer the opening of your correspondence, you contribute to making the reader feel less negative about the news. Moreover, by inviting further correspondence, you demonstrate that the rejection is nothing personal and should not be taken as such. Finally, by closing with good wishes, you end on a positive note that is reassuring to the candidate.

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as Jake began his market research he discovered that there wasn't another retail boating supplies business for hunting more than
gulaghasi [49]
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5 0
3 years ago
Pink Arrangements has just completed operations for the year ended December 31, 2018. This is the third year of operations for t
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Answer:

$21,000

Explanation:

Preparation of income statement

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Salaries Expense (47,000)

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4 0
3 years ago
Which activity is a violation of intellectual property rights
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Answer:

Violation of intellectual property rights is known as infringement. The most common infringements are appropriating someone else's property rights without authorization and using something else's property without paying for it.

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Another common example is copyright infringement that happens when someone downloads a movie, song or software from the internet without paying a fee.

7 0
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