Answer: The Implications of this behavior to the corporation would be detrimental to their operations because as an institution they are not declaring their expenses on staff-(Vacation) from being entered into
the financial books for proper accounting purposes.
While the behavior of the MD shows that he has been praticising sharp practices with the company resources for a while and he should be ask to step down.
T<span>he advertisement is using the scientific approach. In this approach, the product is introduced to the consumers as either effective or reliable through the provision of scientific evidence. It would be using quantitative data to persuade the consumers of the effectivity of the product. Just like in this example, the company were able to test their product proving that 80% of the stains would be erased without adding any additional additives. In </span>these advertisements<span>, the product is claimed to be effective through several successful experiments. Another example of this advertisement is a commercial where the company will be conducting a live experiment. They will be comparing two products and test which of the two is effective.</span>
Answer:
His loan payment each quarter is nearest to $4,705.10.
Explanation:
Using a Financial Calculator enter the following data and find PMT, the loan payment each quarter
Pv = $70,000
n = 4 × 5 = 20
r = 12%
P/yr = 4
Fv = $0
Pmt = ? - $4,705.10
Thus PMT, the loan payment each quarter will be $4,705.10.
Answer:
Journal Entry
January 1
Dr. Cash $940,000
Dr. Discount on Account Receivable $60,000
Cr. Bond Payable Account $1,000,000
Explanation:
The difference between the face value of the bond and the sale value of the bond is known as premium or the discount on the bond. If the face value is higher from the sale value the bond is issued on the discount and if the sale value of the bond is higher than the face value the bond is issued on the premium.
Discount on the Bond = Face value - Sale value = $100,000 - $940,000 = $60,000
The discount amount will be recorded in Discount on Bond Payable Account and will be amortized over the 10 years until the maturity of the bond.
Answer:
e) None of the above
Explanation:
We have different ways of classifying costs depending on the goal that is to be achieved. Costs basically fall into two categories, direct costs and indirect costs. Direct costs are costs that are exclusively incurred for the purpose of producing or buying a certain good or service, in fact, the cost came into being because of the existence of whatever is being costed. any cost that is not direct cost is indirect cost.
None of the costs in the question can be termed direct cost
