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3 years ago

Of the following fuels used on a large scale in the last century to supply energy, which began to be utilized most recently?

1 answer:

5 0

Coal is the fuel that is being used on a large scale in the last century to supply energy, which began to be utilized most recently.
Before coal are used to run a train and steam engines. Coal are used to cook foods and there are other things.

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On January 1, 2019, Wildhorse Co. issued $379,500, 7%, 5-year bonds at face value. Interest is payable annually on January 1. (a

nikklg [1K]

Answer:

See the explanation for the answer.

Explanation:

(a)

Bonds are issued at face value

date Account debit credit

Jan 1 ,2019 cash $379,500

bonds payable $379,500

[to record cash received

against bonds issued]

Interest accrued from Jan-Dec = $379,500*7% = $26,565

Account

Dec 31 ,2019 Interest expense $26,565

Interest payable on bonds $26,565

As interest is accrued it will be expensed

However, it is not paid so it will be interest payable

c) Interest paid

Debit Credit

Jan 1 ,2020 Interest payable on bonds $26,565

Cash $26,565

8 0

3 years ago

Which of the following statements is FALSE? A venture capital firm is a limited partnership that specializes in raising money to

pantera1 [17]

Answer:

Venture capitalists typically control all of the seats on a start-up's board of directors, and often represents the single largest voting block on the board.

Explanation:

A venture capital is a type of capital arrangement by venture capital , provided to start up companies with the prospect of potential growth. Companies that provides financies for start up have a stake in the business they are financing. It is usually a high risk business.

Examples of venture capitalist are

Investment banks, pension funds, insurance companies etc.

Before finances can be made by venture capitalist, the initial capital required to start required to start the business is usually provided by the entrepreneur and his family.

5 0

3 years ago

What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 8% of par, an

Marrrta [24]

Answer:

a. 13.33%

b. 10%

c. 8%

d. 5.71%

Explanation:

The computation of nominal rate of return is given below:-

Rate of return = Dividend ÷ Current market price

For the first case

= $8 ÷ $60

= 13.33%

For the second case

= $8 ÷ $80

= 10%

For the third case

= $8 ÷ $100

= 8%

For the fourth case

= $8 ÷ $140

= 5.71%

Note :- To get $8 you need to multiply by $100 by the 8%

8 0

3 years ago

How do the Iowa Caucuses work?

kenny6666 [7]

Search Results
Featured snippet from the web
Unlike primary elections in most other U.S. states, where registered voters go to polling places to cast ballots, Iowans instead gather at local caucus meetings to discuss and vote on the candidates

7 0

3 years ago

Hilton Company manufactures two products: Product A100 and Product X500. The company currently uses a plantwide overhead rate ba

Serggg [28]

Answer:

Results are below.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 765,000 / (7,000 + 6,200)

Predetermined manufacturing overhead rate= $57.95 per direct labor hour

Now, we can allocate overhead to each product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product Y:

Allocated MOH= 57.95*7,000= $405,650

Product Z:

Allocated MOH= 57.95*6,200= $359,390

Finally, the allocation rates based on ABC:

Machining= 231,000 /11,000= $21 per machine hour

Machine setups= 180,000/300= $600 per setup

Production design= 94,000 / 2= $47,000 per product

7 0

3 years ago