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likoan [24]
3 years ago
12

On November 1, Mason Corp. issued $800,000 of its 10-year, 8% term bonds dated October 1. The bonds were sold to yield 10%, with

total proceeds of $700,000 plus accrued interest. Interest is paid every April 1 and October 1. What amount should Mason report for interest payable in its December 31 balance sheet?
Business
1 answer:
allsm [11]3 years ago
7 0

Answer:

$16,000

Explanation:

On November 1, Mason Corp. issued $800,000 of its 10-year, 8% term bonds dated October 1. The bonds were sold to yield 10%, with total proceeds of $700,000 plus accrued interest. Interest is paid every April 1 and October 1. What amount should Mason report for interest payable in its December 31 balance sheet?

Since interest is deemed to have been paid on October 1 and is being accrued against April 1 of the following year;

In Dec 31, Interest has accrued for 3 months from October to December

Interest payable = 8% x 800,000 x (3 months / 12 months) = $16,000

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Andreyy89

Answer:

The correct answer is False.

Explanation:

The identification of risks and their subsequent management is one of the most important aspects in order to maintain control of a project. This allows the project manager to anticipate those situations that may compromise (or favor) the objectives, and define action plans for them in advance.

The first step in identifying risks is to define what a risk is. A risk is a known situation, which may or may not occur, and that if it occurs, will affect our ability to meet the objectives of the project (if it is negative it will be a risk, and if it is positive, an opportunity). Here it is important to highlight known, if we cannot define the situation we cannot consider it, and also the fact of being able to occur, which implies that the management of a risk will be affected by its probability of occurrence.

The identification of risks is developed during the planning phase, once we have defined the scope, the people involved in the project, the tasks to be carried out, and the schedule. Having these well-defined aspects is important because the risks must be related to a particular task (or group of tasks), and may arise from aspects related to the team or time.

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3 years ago
To what extent, if any, are marketers responsible for injurious consumption involving their product?
Licemer1 [7]

Injurious consumption is negative in nature and not good at all for a person.

Utilizing resources to meet immediate needs and desires is known as consumption. It is contrasted with investing, which entails making purchases in order to acquire future revenue. Consumption is a key idea in economics and is also explored in a wide range of social sciences. Consumption is defined differently by various economic schools. Mainstream economists believe that only the final purchase of newly produced goods and services by individuals for immediate use qualifies as consumption; all other types of expenditure, including government spending, fixed investment, and intermediate consumption, are classified as separate categories (see Consumer choice). Many other economists define consumption as the whole of all economic activity that does not involve the creation, manufacturing, or selling of products and services.

learn more about consumption:

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It is important to _____ the victim before calling 911
Serggg [28]
Check.
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A functional organization is an organization where departments are formed according to areas of specialization and a leader is placed over each department to supervise work carried out by employees. This structure of organization makes control and running very easy because each worker knows who to report to at every given point in time.

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3 years ago
A stock price is currently $40. It is known that at the end of three months it will be either $45 or $35. The risk-free rate of
Sergio [31]

Answer:

Explanation:

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