Answer:
1 Cash 11,190,000
Discount on Note Payable 810,000
Note Payable 12,000,000
2- Interest Expense 810,000
Discount on Note Payable 810,000
3- Note Payable 12,000,000
Cash 12,000,000
Explanation:
In order to pass the Journal entry for issuance of Note Payable. First we need to calculate the Discount on issue of Bond Payable. The discount on note payable is calculated using the 12,000,000 x 9% x 9/12 = 810,000. In case of note payable is discount is interest expense for issuer hence on due corporation will pay full value of note to purchaser of note.
Answer: A) Prototype
Explanation:
The first model shown to entrepenuers are called prototypes
proto- before
Answer:
The correct answer is letter "C": apply the assumption that people behave as if they act rationally with an aim to maximize utility.
Explanation:
The theory of rational expectations is mainly used in macroeconomics, with the idea that decisions of individuals will affect the future course of the economy. According to this theory, people's behaviors are based on <em>rationality, all the information that they have available, </em>and <em>past experiences.
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Some of the rational expectations theory's premises are that <em>people hold expectations that will be met, variables values (price, output, and employment) are taken into account, </em>and <em>individuals are always trying to maximize their profits.</em>
Answer:
$400,000
Explanation:
The compensation expense to be recognized in 2021 is portion of the options value for one year.
Total value of the options=200,000*$6=$1,200,000
Compensation expense per year=fair value of the options/vesting period
fair value of the options is $1,200,000
vesting period is 3 years
compensation expense per year=$1,200,000/ 3 years=$400,000
The $400,000 compensation expense is debited to compensation expense account and credited to paid in capital-stock options $400,000 for each of the vesting period until the paid in capital -stock options account balance becomes $1,200,000 at end of year 3
The management function that Shonda is performing when she decides that top managers will report to her while everyone else reports to the head of human resources is <u>iii. organizing.</u>
<h3>What is Organizing in management functions?</h3>
Organizing is that function of management involving the development an organizational structure so that human resources are arranged for the achievement of organizational objectives. Organizing also involves the design of the jobs of individuals.
Thus, the management function Shondra performs here is <u>Option III</u>.
Learn more about management functions at brainly.com/question/17083312
