You give disappointments little thought after they happen.

Lance Brothers Enterprises acquired $515,000 of 3% bonds, dated July 1, on July 1, 2018, as a long-term investment. Management h

Dmitriy789 [7]

Answer:

1st July,2018

investment in bond $515,000 ( debit)

discount on bond investment $80000 (credit)

Lance Brothers paid $435,000 ( credit)

31st, December 2018

cash $7725 (debit)

discount on bond 975 ( debit )

interest revenue is $8700 (credit )

Explanation:

Given data

investment = $515,000

bond = 3%

interest rate = 4%

Lance Brothers paid = $435,000

to find out

investment in the bonds on July 1 and interest on December 31

solution

we know here

on 1st July,2018

investment in bond that is = $515,000 ( debit)

and we know Lance Brothers paid = $435,000 ( credit)

so discount on bond investment = 515000 - 435000 = $80000 (credit)

and

on 31st, December 2018

cash will be = investment in bond × 3% /2

cash = 515,000 × 3% /2

cash = 15450 /2 = $7725 (debit)

interest revenue = Lance Brothers paid × 4% / 2

interest revenue = 435,000 × 4% / 2

interest revenue is 17400 /2 = $8700 (credit )

so and discount on bond = interest - cash

discount on bond = 8700 - 7725 = 975 ( debit )

5 0

3 years ago

Your office has just implemented a new process for updating client files. Since you helped to create the process, your superviso

natima [27]

Explanation:

The top three areas one must consider while planning an effective presentation are as follows:

1) Ease of Demonstration

2) Details about the main point of the presentation

3) Length of the presentation.

The above mentioned points are very important while planning an effective presentation to the audience. Consider audience as Lehman and pick up the most easy way to demonstrate the idea of the presentation to them. Secondly give appropriate details about the area on which you are going to give the presentation. Lastly, one must maintain an appropriate length of the presentation, that covers all the important aspects as well as not make the audience lose interest in it due to its length.

4 0

4 years ago

Cash Flow Data for Interceptors, Inc. 2015 2016 2017 2018 Cash $ 54 $ 78 $ 102 $ 126 Cash from operations $ 146 $ 144 $ 141 $ 13

marysya [2.9K]

Answer:

Interceptors, Inc.

Cash flow from financing in 2018:

$71

Explanation:

a) Data and Calculations:

2015 2016 2017 2018

Cash $ 54 $ 78 $ 102 $ 126

Cash from operations $ 146 $ 144 $ 141 $ 136

Net capital spending $ 178 $ 173 $ 178 $ 183

Cash from financing $ 56 $ 53 $ 61

2015 2016 2017 2018

Cash at the beginning $30 $54 $78 $102

Cash from operations $ 146 $ 144 $ 141 $ 136

Cash from financing $ 56 $ 53 $ 61 $ 71

Net capital spending ($ 178) ($ 173) ($ 178) ($ 183)

Cash $ 54 $ 78 $ 102 $ 126

Cash from the beginning for 2015 = (Cash at the end plus net capital spending) minus (Cash from operations plus cash from financing)

= /$30 ($54 + $178) - ($146 + $56)

Cash from financing in 2018 = (Cash at the end plus net capital spending) minus (Cash from operations plus cash at the beginning)

= $71 ($126 + $183) - ($136 + $102)

7 0

3 years ago

In addition to the above costs, if Quirch produces part PQ107, it would have a retooling and design cost of $9,800. The relevant

dem82 [27]

Answer:

$149,000

Explanation:

Computation for the relevant costs of producing 2,400 units of product PQ107 internally

Using this formula

Relevant Costs = Incremental Costs = Incremental Variable Costs + Incremental

Let plug in the formula

Relevant Costs = [(2,400 units × $31/unit) + (2,400 units × $19/unit) + (2,400 units × $8/unit)] + $9,800

Relevant Costs=$74,400+$45,600+$19,200+$9,800

Relevant Cost =$149,000

Therefore the relevant costs of producing 2,400 units of product PQ107 internally are $149,000

7 0

3 years ago

You are involved in a car accident and a stranger contacts you offering a quick cash settlement and doesn’t want to deal with th

soldi70 [24.7K]

Answer:

The answer depends on 2 vital elements

1. whether there are injured/dead people - you cannot accept the money. you must inform BOTH the Insurance company and the Police. otherwise it is a hit and run, which is a criminal offence and you will be penalized.

2.or there are no injured/dead people - then take the money and settle the dispute

Explanation:

Dealing with insurance companies is not a legal requirement and depends on your choice.

BUT,

if a person is injured or dead because of the accident, then not only should you inform the insurance company, but also you should inform the legal authorities (Police).

so, as I mentioned about, if it is just your car a and stranger's car that is damaged, then you can settle it without involving the insurance companies.

if a person or another party is involved, then you cannot!

hope this helps!

4 0

2 years ago