Answer:
Number of times bond interest charges were earned = 5.44
Explanation:
Given data,
Bond Interest Rate = 6%
Bond Amount = $1200000
Net Income before Income Tax = $320000
Bond Interest charges Earned
:
= Bond Value × Interest Rate
= $1,200,000 × 6%
= $72,000
Net Income before Interest
:
= Net Income Income Before Interest + Interest
= $320,000 + $72,000
= $392,000
Number of times bond interest charges were earned
:
= Net Income before Interest and taxes ÷ Interest charges
= (392,000 ÷ 72,000
)
= 5.4444
Number of times bond interest charges were earned = 5.44
Answer:
01-Jan-19
Dr Cash $1,000,000
Cr Bonds Payable $1,000,000
Explanation:
Preparation of the Journal entry for Providence, Inc
Based on the information given we were told that the company issues the amount of $1,000,000 of 10% which include 5-year bonds at par value on January 1, 2019, this means that the Journal entry will be recorded as:
01-Jan-19
Dr Cash $1,000,000
Cr Bonds Payable $1,000,000
(To record bonds at par value)
Answer:
task interdependence is the correct answer.
Explanation:
The degree to which team members interact with and rely on other team members for the information, materials, and resources needed to accomplish work for the team is known as task interdependence.
The goal of task interdependence is to alleviate the problems that arise when various assignments overlap and become the potential for disagreement.
Task interdependence within the team is an extent where the team members should communicate with each other to achieve their responsibilities and tasks.
Knowledge of task interdependence benefits company owners grasps how various branches and team members depend on the performance of each other.
I think the answer is c because u make 500 thousand a year
