Answer:
a) Is the day the note is due to be repaid.
Explanation:
A note receivable is a written commitment to receive an amount of money on a certain date and the maturity date refers to the day in which the complete amount needs to be fully paid. This date lets the lender know when he/she will receive all of the money back.
Answer:
It does not agree.
Explanation:
The company expects to earn ROCE higher than the required rate of return. If this is to be achieved, the company must trade at a premium value in the share market. But as the current price-to-book ratio indicated that the market value is lower than the book value, this indicate that it is a Buy position as the share is undervalued. Therefore, it does not agree with the company's recommendation.
Answer and Explanation:
The journal entry to record the issuance of the bond is as follows:
Cash Dr (5,000 × 103) $515,000
Discount on bond payable Dr $4,485,000
To Bond payable (5,000 × $1,000) $5,000,000
(Being the issuance of the bond is recorded)
Here cash and discount on bond payable is debited and credited the bond payable
Explanation:
Trade offs are something in which there are two things and we choose one of them according to our own preference or need. This is and should be our personal decision, but when Corporations and Governments decide on what to choose between two things, there would might be a negative impact on someone's life. He might feel controlled by the corporations and governments. For example, if corporations of CNG decides with the government that it is better for consumers to use CNG than Petrol in their cars, and lowers taxes on CNG and encourage consumers to shift towards CNG, then this trade off will have an impact of being controlled by the big giants. The choice should be of consumer's. The consumer should be the one who will trade off between things who are preferable for him.