Do you have to make payments on federal student loans while you’re in school?

On December 31, 2018, Gardner Company holds debt securities classified as HTM with a face amount of $100,000 and a carrying valu

Sunny_sXe [5.5K]

Answer:

$2,850

Explanation:

Given the following :

Face value of security = $100,000

Carrying value = $95,000

Effective interest rate = 6%

Interest paid semianually = $2500

The effective interest revenue recognized for the six months ended December 31, 2018 is:

IF effective interest rate = 6%

Semiannual interest = 6% / 2 = 3%

Therefore effective interest revenue for six months will be the product of the carrying value and the interest rate within the six months period :

3% = 0.03

0.03 * $95,000 = $2,850

3 0

3 years ago

Why is it an advantage to have a several job while you are building your career

krok68 [10]

To show that you have experience in the working field like if you're working in construction, masonry, carpentry, ect. But you want to be a brick welder and your employer will look at your job history and see the experience in the jobs that you worked for in the previous years and he would have a higher percentage of hiring you because of your experience.

6 0

3 years ago

Flannigan Company manufactures and sells a single product that sells for $650 per unit; variable costs are $338. Annual fixed co

kkurt [141]

Answer:

The contribution margin ratio is 0.48

Explanation:

The contribution margin ratio is calculated by using following formula:

Contribution margin ratio = (Sales - Total Variable cost)/Sales

Flannigan Company has current sales volume of $4,320,000

The number of products are sold = $4,320,000/$650

Total Variable cost = The number of products are sold x variable costs per unit = $4,320,000/$650 x $338 = $2,246,400

Contribution margin ratio = ($4,320,000 - $2,246,400)/$4,320,000 = 0.48

5 0

3 years ago

According to research (conti, 2011), police performance is shaped by the people that the department recruits and their _____.

Iteru [2.4K]

The answer in the space provided is personality. It is because their personality is also a main contributor of their performance as this will shape on how they do things and how they affect other people, such as how they show their performance and their way of connecting or socializing towards others.

8 0

3 years ago

Tyrone was recently promoted to manager. Although he used to take advice from his peers, he seems no longer willing to listen to

DerKrebs [107]

Answer:

B.) an oversized ego

Explanation:

Based on the information provided within the question it can be said that this is an example of an oversized ego. An ego is an individual's sense of self-importance. When Tyrone got promoted his ego enlarged, and he now believes himself to be way more important than his peers and thus no longer listens to them, since he believes that he knows everything and that his peers no very little compared to him.

5 0

3 years ago