Credit the "bond payable" liability account for the total face value of the bonds and debit cash for the same amount.
A pure market economy is also called capitalism. or pure capitalism.
Answer:
3.82 times
Explanation:
The computation of times interest earned ratio is shown below:-
Bond Interest charges Earned = Bond Value × Interest Rate
= $1,459,536 × 8%
= $116,762.88
Net Income before Interest = Net Income Income Before Interest + Interest
= $328,796 + $116,762.88
= $445,558.88
Number of times bond interest charges were earned = Net Income before Interest and taxes ÷ Interest charges
= $445,558.88 ÷ $116,762.88
= 3.82 times
Answer:
(B) False
Explanation:
<em><u>Directive style</u></em> dwells on stating clear cut goals and supervising to ensure that goals are achieved.
Believing in an open-door policy, and encouraging the open exchange of opinions in her department is not consistent with having clear cut goals.
Therefore Shayla does not utilize the directive style of management.
Answer:
The correct answer is letter "B": Sell-off.
Explanation:
A sell-off is the rapid sale of an asset typically follow by its drastic decline in its value. For example, if ABC corporation releases a bad earning report many of its shareholders may decide to sell their shares. With many sellers and few buyers, ABC stock value will sharply fall.
Kraft Foods Inc., in November 2004, published the sell of its sugar confectionery enterprises because they had discontinued operations. They planned to restructure the organization realigning and lowering the structure cost and optimizing capacity utilization.