At what school was there major rioting over james meredith’s enrollment?

What is another term that means withholding

CaHeK987 [17]

Answer:

B) payroll deductions

Explanation:

To withhold a payment implies abstaining or avoiding to pay. If an employer withholds some payments, it means that the employee will not receive the withheld amount.

When employers withhold taxes and other deductions, it means the employee will not be given the tax amount. The employer will deduct that amount from the employee pay and forward it to the tax agency. Withholding, in this sense, is payroll deductions.

6 0

3 years ago

a new hockey arena at a cost of $2,500,000. It received a downpayment of $500,000 from local businesses to support the project a

mylen [45]

Answer:

a. Prepare the journal entry to record the issuance of the bonds on January 1, 2018

we must first determine the market price of the bonds:

PV of face value = $2,000,000 / (1 + 5%)²⁰ = $753,778.97 ≈ $753,779

PV of coupon payments = $110,000 x 12.462 (PV annuity factor, 5%, 20 periods) = $1,370,820

market value of the bonds = $753,779 + $1,370,820 = $2,124,599

January 1, 2018, bonds are issued at a premium

Dr Cash 2,124,599

Cr Bonds payable 2,000,000

Cr Premium on bonds payable 124,599

b. Prepare a bond amortization schedule up to and including January 1, 2022

since we are not told which amortization method to use, I will use the straight line method.

Date Interest Cash Premium Carrying

expense paid amortization value

7/2018 $103,770 $110,000 $6,230 $2,118,369

1/2019 $103,770 $110,000 $6,230 $2,112,139

7/2019 $103,770 $110,000 $6,230 $2,105,909

1/2020 $103,770 $110,000 $6,230 $2,099,679

7/2020 $103,770 $110,000 $6,230 $2,093,449

1/2021 $103,770 $110,000 $6,230 $2,087,219

7/2021 $103,770 $110,000 $6,230 $2,080,989

1/2022 $103,770 $110,000 $6,230 $2,074,759

c. Prepare the journal entries to record the interest payments on January 1, 2020 and January 1, 2021.

bond premium amortization per coupon = 124,599 / 20 = $6,229.95 ≈ $6,230

January 1, 2020, coupon payment

Dr Interest expense 103,770

Dr Premium on bonds payable 6,230

Cr Cash 110,000

January 1, 2021, coupon payment

Dr Interest expense 103,770

Dr Premium on bonds payable 6,230

Cr Cash 110,000

d. Prepare the journal entry to record the bond called on January 2021 at 106

Dr Bonds payable 2,000,000

Dr Premium on bonds payable 87,219

Dr Loss on retirement of debt 32,781

Cr Cash 2,120,000

5 0

4 years ago

Which of the following would increase the likelihood that a company would increase its debt ratio, other things held constant?

raketka [301]

Answer: b. An increase in the corporate tax rate

Explanation: I found the answer on Quizlet. :)

8 0

4 years ago

Your trip to was great, but it unfortunately ran a bit over budget. However, you just received an offer in the mail to transfer

serg [7]

Answer:

with the new rate we will pay in 58 months.

if there is 2% commision charge: 59.35 = 60 months

Explanation:

Currently we owe 10,000

This will be transfer to a new credit card with a rate of 6.2%

We are going to do monthly payment of 200 dollars each month

and we need to know the time it will take to pay the loan:

We use the formula for ordinary annuity and solve for time:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $200.00

time n

rate 0.005166667 (6.2% rate divide into 12 months)

PV $10,000.0000

$200 \times \frac{1-(1+0.0051667)^{-n} }{0.0051667} = 10000\\$

We arrenge the formula and solve as muhc as we can:

$(1+0.0051667)^{-n}= 1-\frac{10000\times0.0051667}{200}$

$(1+0.0051667)^{-n}= 0.74166667$

Now, we use logarithmics properties to solve for time:

$-n= \frac{log0.741667}{log(1+0.0051667)$

-57.99227477 = 58 months

part B

If there is a charge of 2% then Principal = 10,000 x 102% = 10,200

we use that in the formula and solve:

$(1+0.0051667)^{-n}= 1-\frac{10200\times0.0051667}{200}$

$(1+0.0051667)^{-n}=0.73650000$

$-n= \frac{log0.7365}{log(1+0.0051667)$

-59.34880001 = 59.35 months

6 0

3 years ago

When an individual is looking to manage the reputation and policies of an organization, the commitment to doing the right thing

Studentka2010 [4]

Answer: True

Explanation: humans have been known to be insatiable. Most often than not when you do the right thing to please someone, it doesn't always achieve the purpose. So humans now have steamed up exhaustion from following the ethical standard that we no longer give a care about our personal integrity, all we want is to appear (even if feigned) to others around us that we are morally and ethically upright.

7 0

4 years ago