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Mars2501 [29]
3 years ago
15

Unit 4 laboratory: Heat Transfer​

Business
1 answer:
Allushta [10]3 years ago
4 0

Answer:

What is your question? let me know

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Why can most people in Hospitality and Tourism careers succeed with a secondary education as their highest level of education? M
Free_Kalibri [48]

Most people in Hospitality and Tourism careers get success with secondary education only as they receive on-job training to learn what they need to know.

<h3>What is a Hospitality and Tourism career?</h3>

Hospitality and Tourism career jobs involve providing planning, management, food, recreation, travel,  and similar services. These jobs provide higher monetary perks.

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Therefore, the correct option is c.

Learn more about hospitality and tourism career here:

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7 0
2 years ago
You invest $3,500 at 10% compounded annually for 3 years. How much will your investment be worth in 3 years
aniked [119]

Answer:

Your total balance after 3 years would be $4,658.5 with a total compounded interest of $1,158.5

5 0
2 years ago
Kentucky Fried Chicken, with 18,875 stores in 118 countries and territories around the world, changed their recipe (the spicines
Norma-Jean [14]

Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.

<h3>What is new product development?</h3>

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4 0
2 years ago
Rodgers Corporation produces and sells football equipment. On July 1, Year 1, Rodgers issued $65,000,000 of 10-year, 12% bonds a
Stolb23 [73]

Answer:

Rodgers Corporation

Journal Entries:

1.  July 1, Year 1:

Debit Cash $73,100,469

Credit Bonds Payable $65,000,000

Credit Bonds Premium $8,100,469

To record the issuance of bonds at a premium.

2. a) December 31, Year 1:

Debit Interest Expense $3,494,976.55

Debit Amortization $405,023.45

Credit Cash $3,900,000.00

To record the first semi-annual interest payment, including amortization.

b) June 30, Year 2:

Debit Interest Expense $3,494,976.55

Credit Amortization $405,023.45

Credit Cash $3,900,000.00

To record the second semi-annual interest payment, including amortization.

3. The total interest expense for Year 1 is $3,494,976.55

4. Yes.  The bonds are issued at a premium.  So the bond proceeds will always be greater than the face amount, and the contract rate (coupon rate) will always be greater than the market (effective) rate.

5. The price of $73,100,469 received for the bonds by using the present value tables is $1,124.62 ($73,100,469/65,000) per $1,000.

Explanation:

a) Data and Calculations:

Face value of bonds issued = $65,000,000

Price received from the issue  $73,100,469

Premium received =                   $8,100,469

Period of maturity = 10 years

Coupon interest rate = 12%

Market (effective) interest rate = 10%

Payment of interest = semiannually on December 31 and June 30

Analysis of Journal Entries:

1.  July 1, Year 1:

Cash $73,100,469 Bonds Payable $65,000,000 Bonds Premium $8,100,469

2. a) December 31, Year 1:

Interest Expense $3,494,976.55 Amortization $405,023.45 Cash $3,900,000.00

b) June 30, Year 2:

Interest Expense $3,494,976.55 Amortization $405,023.45 Cash $3,900,000.00

N (# of periods)  20

I/Y (Interest per year)  10

PMT (Periodic Payment)  3900000

FV (Future Value)  65000000

Results

PV = $73,100,439

Sum of all periodic payments = $78,000,000.00

Total Interest $69,899,569

8 0
3 years ago
Allocate $249,000 net income by providing annual salary allowances of $66,000 to Ries, $56,000 to Bax, and $80,000 to Thomas; gr
Elis [28]

Answer:

Some information was missing: Ries invested $80,000 , Bax invested $112,000, and Thomas invested $128,000.

allocation of profits:

Ries = $66,000 + ($80,000 x 10%) = $74,000

Bax = $56,000 + ($112,000 x 10%) = $67,200

Thomas = $80,000 + ($128,000 x 10%) = $92,800

total = $234,000

remaining profits = $249,000 - $234,000 = $15,000 / 3 = $5,000

total allocation of profits:

  • Ries = $79,000
  • Bax = $72,200
  • Thomas = $97,800
  • total = $249,000
6 0
3 years ago
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