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3 years ago

13

Justice told his boss he would finish the financial report by Friday. Following through on his commitment is example of which po

sitive workplace trait

1 answer:

kondaur [170]3 years ago

6 0

I believe it is "reliability!" Hope this helps :)

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Suppose Sepracor, Inc. called its convertible debt in 2020. Assume the following related to the transaction. The 10%, $10,000,00

tatuchka [14]

Answer:

Explanation:

To record the conversion:

Dr Debt conversion expense 68,000

Dr Bonds payable 10,000,000

Cr Discount on bonds 51,000

Cr Common stock 1,000,000

Cr Paid in capital in excess of common stock 8,949,000

Cr Cash 68,000

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3 years ago

Darden has beginning equity of $284,000, total revenues of $70,000, and total expenses of $32,000. the company has no other tran

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2 years ago

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Test Pilot, Inc. reported a net operating loss of $25,000 for its tax year ended December 31, 2018. Test Pilot reported income o

aalyn [17]

Answer:

Net income after operating loss for 2019 is equal to $0 dollars and amount of net operating loss carried forward available in 2020 is equal to $5000.

Explanation:

Net loss is not deductible in the current year but can however be carried forward to the subsequent year and deducted against income in that year. Therefore the loss can only be deducted from 2019 on wards. The remainder of the net loss after deducting against 2019 income will be carried over into the subsequent year and therefore $5000 is carried forward to the year 2020.

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4 years ago

Read 2 more answers

1. What does a financial coach do?

finlep [7]

A financial coach is someone that helps their clients with the basics of money management. They help their clients develop secure, healthy money habits that will last. To become a financial cost, one would need to have worked directly with clients and completely understand their needs, know how to address their concerns, and recommend plans to them in a way that makes them feel comfortable. They must work well with numbers, and have good math skills.

4 0

3 years ago

On April 1, 2021, Austere Corporation issued $330,000 of 11% bonds at 106. Each $1,000 bond was sold with 30 detachable stock wa

blondinia [14]

Answer:

Austere Corporation

The amount of the proceeds from the bond that should be recorded as an increase in liabilities is:

= $320,100.

Explanation:

a) Data and Calculations:

The bonds issued = $330,000 at 106

Number of $1,000 bonds issued = 330 ($330,000/$1,000)

Market value of each warrant = $3

Proceeds from issue of bond = $330,000*106% = $349,800

Fair value of warrant issued = 330*30*$3 = $29,700

The bond issue liability = $349,800 - $29,700 = $320,100

7 0

3 years ago