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tino4ka555 [31]
3 years ago
12

On July 1, Year 4, Pell Co. purchased Green Corp. 10-year, 8% bonds with a face amount of $500,000 for $420,000. The bonds are c

lassified as held-to-maturity, mature on June 30, Year 14, and pay interest semiannually on June 30 and December 31. Using the interest method, Pell recorded bond discount amortization of $1,800 for the 6 months ended December 31, Year 4. From this long-term investment, Pell should report Year 4 revenue of
Business
1 answer:
gayaneshka [121]3 years ago
6 0

Answer:

$21,800

Explanation:

The computation of 4-year revenue is as shown below:-

Bond Income of 4th Year = Face amount × Bond × 1 ÷ 2

= $500,000 × 8% × 1 ÷ 2

= $20,000

Interest Revenue = Bond Income + Amount of Discount Amortized

= $20,000 + $1,800

= $21,800

Therefore for computing the interest revenue we simply bond income with the amount of discount amortized.

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One potential drawback of just-in-time (jit) production is that
skelet666 [1.2K]

One potential drawback of just-in-time (jit) production is that the company would face disruptions in the supply chain if the supplier of raw materials could not deliver the required materials on time.

<u>Explanation:</u>

The management strategy that aligns raw-material orders from suppliers directly with production schedules. This strategy is employed in many companies to reduce the wastage and to increase the efficiency. It requires an accurate forecast of the demand by the production team of the firm so that the production requirements can be initiated accordingly.

In spite of all the advantages like reducing the inventory costs (like warehousing, etc.) or easily spotting production mistakes, great focus on quality, etc, this method also has the following disadvantages,

  • If the suppliers could not deliver the required materials on time, the entire production process will be stalled.
  • Natural calamities could also intervene in the flow of materials from the supplier side
  • Massive unexpected demands from the customer side cannot be managed.
3 0
3 years ago
One of the reasons that organized crime has been around so long is that it provides goods and services that society wants.
Tatiana [17]

Answer: True.

Explanation:

Organized crimes are crimes carried out by well ordered groups with the sole aim of carrying out illegal activities.

Organized crimes has been around for a long time from before the Era of sea piracy uptill date.

And although the laws of most countries frown against activities of organized crime groups, the crimes continue because some individuals in the society still demand for the goods/services of organized crime, a very popular example is the demand for sex workers who are gotten from an organized crime which is sex trafficking.

6 0
3 years ago
Choose one of the common workplace torts discussed in the chapter readings for this unit (except genetic testing). Prepare a spe
Umnica [9.8K]

Answer:

One of the basic working environment torts is distortion. It is one of the basic torts where both boss and worker enjoy employing and determination process. Worker answer this to pick up favor in determination and advancement where as business enjoy this to pull in best ability from the business. To manage this the association should set up a legitimate strategy which can adjust the rights among manager and representative. The business should make a definite personal investigation on the accreditation gave by the representative during choice and before arrangement process. It ought to incorporate past understanding and work, instructive, proficient direct, criminal instances of the representative where as manager ought to give everything in kept in touch with the worker so they can stake guarantee if business neglects to give those things to the workers. It is a sort of win-win circumstance for both manager and representative where level playing field has been made for them

5 0
4 years ago
Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due
Verizon [17]

Answer: Special damages

Explanation: In simple words, special damages refers to the claim made by the injured person for the losses he or she suffered due to negligence of duty by the defendant.

In the given case, the train that is owned by the modern railways collided with a truck owned by craft co resulting in a loss of $100,000 of the former.

Hence if Craft co proves that the accident happened due to the negligence from the side of modern railways then they can claim special damages.

4 0
3 years ago
The following data was collected from the manufacturing of an auto component. It represents the diameter (in mm) of that compone
andre [41]

Answer:

9.37

Explanation:

The computation of LCL for a control chart is shown below:-

Sample  Obs 1  Obs 2    Obs 3   Obs 4   Mean observation    Range

1                 10      12           12          14              12                         4

2                 12     11            13          16              13                          5

3                 11      13            14           14              13                          3

4                 11       10            7            8               9                          4

5                13     12             14            13             13                         2

For computing the mean observation  and range we will use the below formulas

Mean observation = ( Obs 1 + Obs 2 + Obs 3 + Obs 4) ÷ 4

Range = Highest value - Lowest value

LCL =  \bar{\bar{X}} - A2 \bar{R}

\bar X =  ( 12 + 13 + 13 + 9 + 13 ) ÷ 5

= 12

\bar R =  ( 4 + 5 + 3 + 4 + 2 ) ÷ 5

= 3.6

Since we found the value of A2 with the help of constants table for control charts for a 4 subgroup size.

A2  = 0.729

LCL =  \bar{\bar{X}} - A2 \bar{R}

12 - 0.729 × 3.6

= 9.37

5 0
3 years ago
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