<span>1. journalize the entry to record the amount of cash proceeds from the issuance of the bonds on july 1, 2016.
Cash 42,309,236 Discount on bonds payable 3,690,764 Bonds payable 46,000,000
</span><span>2. journalize the entries to record the following: a. the first semiannual interest payment on december 31, 2016, and the amortization of the bond discount, using the straight-line method. (round to the nearest dollar.
Interest Expense 2,327,007.98 Discount on Bonds Payable 92,269.10 Cash 2,234,738.88
b. the interest payment on june 30, 2017, and the amortization of the bond discount, using the straight-line method. (round to the nearest dollar.
</span>nterest Expense 2,327,007.98 Discount on Bonds Payable 92,269.10 <span> Cash 2,234,738.88 </span><span> 3. </span><span>determine the total interest expense for 2016. </span>42,309,236 x 11% = 4,654,015.96 annual interest expense 4,654,015.96 x 6/12 = 2,327,007.98 semi annual expense
In a capitalistic society, the production and pricing of goods and services are largely determined by supply and demand the free market but some government regulation and oversight may occur. In contrast, a free market system is ruled entirely by demand and supply, and there is little or no government regulation.
The answer to the given blank above is SELF-FULFILLING PROPHECY. From the term itself, self-fulfilling prophecy refers is a kind of prediction made by someone which most likely becomes true, may it be directly or indirectly. Usually, this is a result of both belief and behavior. In the given scenario above, the waiter, serving poorly dressed customers, predicts that he is going to be tipped low and so he gives them bad service. As a result, he did really get a smaller tip, just as he expects or believes.
I would calculate her return on investment by using this formula ((Profit from client's products - AdWords Expense)/Adword Expense * 100%). Therefore, you could achieve 42.85% (($1000-$700)/$700 * 100%) return on investment from your investment in the Adwords. The profit from the client's product is $1000 (10 * ($150-$50)).