Answer:
Rent Expense (Dr.) $5,000
Cash (Cr.) $5,000
Inventory (Dr.) $35,380
Accounts Payable Martin Co. (Cr.) $35,380
Accounts Receivable Korman Co. (Dr.) $62,000
Sales (Cr.) $62,000
Cost of Goods Sold (Dr.) $48,500
Inventory (Cr.) $48,500
Explanation:
Advertising Expense (Dr.) $21,800
Cash (Cr.) $ 21,800
Cash (Dr.) $62,000
Accounts Receivable Korman Co. (Cr.) $62,000
Customer Refund Payable (Dr.) $31,500
Cash (Cr.) $31,500
Sales Salaries Expense (Dr.) $12,000
Office Salaries Expense (Dr.) $ 38,000
Cash (Cr.) $50,000
Store Supplies Expense (Dr.) $2,200
Cash (Cr.) $2,200
Answer:
A) 5.22 percent
Explanation:
The Pretax cost of debt is the Yield to maturity (YTM) of bond.
Using a financial calculator , you can solve for the YTM with the following inputs;
Face value ; FV = 1000
Maturity of bond; N = 15
Annual coupon payment; PMT = coupon rate * Face value = 6%*1000 = 60
Current price; PV = $1,080
then compute annual interest rate; CPT I/Y = 5.22%
True <span>Street Maintenance Mission. The Street maintenance Division of the Public Works Department is responsible for keeping all City streets and alleys in good repair and serviceable condition. With the goal of preserving street surfaces to avoid more costly reconstruction, the Street Maintenance Division uses a variety of ...</span>Missing: oversees true <span>false</span>
Long term 4-6+ years goals like having a career having a business or some , short term 0 months-1/2 years and that's like making It to the next grade.