Answer:
Journal Entry
Date Account Titles and Explanation Debit Credit
Jan 1 Cash $511,875
Bond payable $450,000
Premium on bond payable $61,875
($450,000*13.75%)
(To record issue of bonds at premium)
Answer:
OPtion (C) is correct.
Explanation:
Given that,
Issuance of common stock = $100,000
Dividends paid to the company's stockholders = $2,000
Depreciation expense = $6,000
Repayment of principal on bonds = $40,000
Proceeds from the sale of the company's used equipment = $39,000
Purchase of land = $230,000
Cash flow from financing activities:
= Issuance of common stock - Dividends paid to the common stockholders - Repayment of principal on the company's own bonds
= $100,000 - $2,000 - $40,000
= $58,000
Therefore, the net cash inflow from financing activities is $58,000.
Answer:
<u><em>A.</em></u>
<u><em>The loan will be set for a given range, and the bank will establish a rigid payment plan</em></u>
Explanation:
Hope this helps:)
Answer:
D. Pure competition spreads resources between many different
firms.
Explanation:
Pure competition is a market structure with many suppliers and many buyers. All the suppliers sell a homogeneous product. There is intense business competition among the suppliers. Other characteristics of pure competition include
- There are no dominant suppliers.
- There is ease of entry and exit into the market
- Suppliers/firms are price takers.
In pure competition, resources are shared among the many competing firms in the industry, unlike in a monopoly that has only a single supplier. Resources include raw materials and profits.
Answer: (A) Cooperative advantage
Explanation:
A cooperative advantage is the term which is used by an organization for providing the various types of benefits and advantages to all the employees in the company and it also helps in achieving the specific goal in an organization.
The main objective of the cooperative advantage is to providing the various types of economical benefit in an organization.
According to the given question, Allie is basically using the cooperative advantage over Jackie for the process of making the power point presentation about the international trade and so that by using the presentation method they can easily convey their opinions and message to the audience.
Therefore, Option (A) is correct answer.
