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3 years ago

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Nike's _______________ is "Just Do It". This is a short phrase associated with the brand that states their brand promise Group o

f answer choices Brand promise Tagline Company phrase Motto

2 answers:

Alisiya [41]3 years ago

8 0

The answer is Slogan

kupik [55]3 years ago

6 0

Slogan. A slogan is like a catch phrase a company uses to gain popularity

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Nash Co. sells $435,000 of 12% bonds on June 1, 2020. The bonds pay interest on December 1 and June 1. The due date of the bonds

garri49 [273]

Answer:

$\left[\begin{array}{ccccccc}\\ &&$Carrying Value&$Cash&$Int. exp&$Amortization&$E.Carrying\\& 1&493574.88&26100&19743&6357&487217.88\\& 2&487217.88&26100&19488.72&6611.28&480606.6\\& 3&480606.6&26100&19224.26&6875.74&473730.86\\& 4&473730.86&26100&18949.23&7150.77&466580.09\\& 5&466580.09&26100&18663.2&7436.8&459143.29\\& 6&459143.29&26100&18365.73&7734.27&451409.02\\& 7&451409.02&26100&18056.36&8043.64&443365.38\\& 8&443365.38&26100&17734.62&8365.38&435000\\\end{array}\right]$

<u>Journal entries:</u>

cash 493,574.88 debit

bonds payable 435,000.00 credit

premium on bp 58,574.88 credit

--to record issuance--

Interest expense 19743

Amortization 6357

cash 26100

--to record Dec 31st, 2020--

Interest expense 19488.72

Amortization 6611.28

cash 26100

--to record June 30th, 2021--

bonds payable 130,500.00 debit

premium on bp 13,681.98 debit

interest expense 17,400.00 debit

gain on redemption 25,081.98 credit

cash 136,500.00 credit

--to record redemption--

premium on BP 4,813.04 debit

interest expense 13,456.96 debit

cash 18,270 credit

-- to record December 31st, 2021--

Explanation:

First, we solve for the proceeds from the bonds payable:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 26,100 (435,000 x 12% / 2)

time 8 ( 4 years x 2)

yield to maturity 0.04 ( 8% / 2)

$26100 \times \frac{1-(1+0.04)^{-8} }{0.04} = PV\\$

PV $175,724.6412

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 435,000.00

time 8.00

rate 0.04

$\frac{435000}{(1 + 0.04)^{8} } = PV$

PV 317,850.24

PV c $175,724.6412

PV m $317,850.2392

Total $493,574.8804

We now build the amortization schedule.

We take this value, we multiply by the interest rate and then, solve for amortization and ending carrying value.

<u>To record the redemption:</u>

accrued interest:

435,000 x 0.12 x 4/12 (months from June to oct) = 17,400

premium:

480,606.6 - 435,000 = 45,606.6

proportional of premium:

45,606 / 435,000 x 130,500 = 13.681,98

we now solve for the gain/loss on redemption:

130,500 + 13,681.98 + 17,400 = 161.581,9 value redeem

for cash 136,500

gain on redemption 25.081,98

bonds payable 130,500.00 debit

premium on bp 13,681.98 debit

interest expense 17,400.00 debit

gain on redemption 25,081.98 credit

cash 136,500.00 credit

Now, we solve for Dec 31st, 2021 entry.

bonds payable: 435,000 - 130,500 = 304,500

premium: 45,606 - 13,681.98 = 31.924,02

interest expense:

(304,500 + 31,924.02) x 0.04 = 13,456.96

cash outlay:

304,500 x 0.06 = 18,270

amortization 18,270 - 13,456.96 = 4,813.04

6 0

4 years ago

A data ________ is a repository of historical data that are organized by subject to support decision makers in the organization.

kvv77 [185]

Answer:warehouse

Explanation:

6 0

3 years ago

Baker's Supply imposes a payback cutoff of 3.5 years for its international investment projects. If the company has the following

sweet-ann [11.9K]

Answer:

Both projects fall within the acceptable payback period, so, both projects can be accepted.

Explanation:

Cash payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.

Pay back period For project A:

Amount invested in the project = −$ 62,000

Amount recovered in year 1 = −$ 62,000 + 7,100 = $-54,900

Amount recovered in year 2 = $-54,900 + 9,800 = $-45,100

Amount recovered in year 3 = $-45,100 + 28,700 = $-16,400

Amount recovered in year 4 = $-16,400 + 45,900 = $29,500

The amount is recovered In 3 years + 16400 / 45900 = 3.36 years

Cash payback period for project B:

Amount invested in the project = −$ 26,000

Amount recovered in year 1 = −$ 26,000 + 15,600 = $-10,400

Amount recovered in year 2 = $-10,400 + 8,400 = $-2000

Amount recovered in year 3 = $-2000 + 1,900 = $-100

Amount recovered in year 4 = $-100 + 1,100 = $1000

The amount invested is recovered In 3 years + 100/1,100 = 3.09 years.

Both projects fall within the acceptable payback period, so, both projects can be accepted.

I hope my answer helps you

7 0

3 years ago

Cedric has been following a detailed review schedule in preparation for his test. He feels confident that he knows the material,

rewona [7]

Answer: Noting down of ideas

Explanation: Cedric could note down the ideas and points he remembers on the back of his test booklet. He should first read the question and make short notes of every point he remembers regarding that question.

This strategy will help Cedric to answer the questions while doing the final writing in answer sheet. By doing this he can also improve his speed with accuracy while answering.

5 0

3 years ago

What corporation provided a grant to fund a program in the 1980s to expose young people to capitalism through FBLA?

sergij07 [2.7K]

<span>Future Business Leaders of America (FBLA) is a non-profit organization that helps students for their careers. The Chevron Corporation provided a grant to fund a program called "Getting Involved" in the 1980s to expose young people to capitalism through Future Business Leaders of America.</span>

6 0

3 years ago

Read 2 more answers