3 years ago

The AFL was an organization

Business

1 answer:

pychu [463]3 years ago

6 0

B. that promoted social, labor, and economic issues

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It is a good idea to prepare for possible layoffs by making sure ______.

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C is the answer

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3 years ago

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You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. You could earn 5.5% on your money in o

artcher [175]

Answer:

$6,744.83

Explanation:

We calcualte the present value of a three years annuity discounted at 5.5% considering their cashflow are 2,500

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

C 2,500.00

time 3

rate 0.055

$2500 \times \frac{1-(1+0.055)^{-3} }{0.055} = PV\\$

PV $6,744.8334

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3 years ago

On January 1, 2019, Tonika Company issued a five-year, $10,000, 8% bond. The interest is payable annually each December 31. The

Alex777 [14]

Answer:

So book value at the end of December will be $9676

Explanation:

We have given amount of the bond = $10000

Rate of interest = 8 %

So interest paid Interest paid = 10000×0.08 = 800

Issue price = $9611

Effective interest rate = 9 %

Interest expense = 9611×0.09= 865

Discount amortization = 865-800 = 65

Book value at the end of December 31,2019 = 9611+65 = 9676

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3 years ago

Discuss the impact that checking merchandise has on profitability.

balandron [24]

Answer:

waitin for the EXHALE

Explanation:

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2 years ago

On October 1, Bramble's Carpet Service borrows $362000 from First District Bank on a 3-month, $362000, 6% note. What entry must

Luba_88 [7]

Answer:

Dr Interest expense -$21,720

Cr interest Payable - $21,720

Explanation:

Interest

Since it is a short-time loan (3-month), the interest rate will be prorated to 3-month.

Interest expense = $362,000 × .06 × 3/12 = $21,720

Hence, following entries will be recorded :

Dr Interest expense -$21,720

Cr interest Payable - $21,720

For Principal amount Borrowed:

Cr Loan payable $362000

Dr. Bank Account $362000

Upon Settlement :

Dr. Interest Payable $21,720 and Cr Bank Account $21,720

Dr. Loan payable $362000 and Cr Bank Account $362000

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2 years ago