Generally, a business should consider insuring against an event when the risk

Write an equation of the line that passes through the points (2, -3) and (1,4).

Tema [17]

I Think The answer is a I hope it helps Message Me if I’m wrong and I’ll change My answer and fix it for you

4 0

3 years ago

Hoffman Corporation issued $80 million of 7%, 10-year bonds at 104. Each of the 80,000 bonds was issued with 11 detachable stock

Ivanshal [37]

Answer:

($ in million)

Dr Cash 81.6

Dr Discount on bonds payable 2.8

Cr Bonds payable80.0

Cr Equity-stock warrants outstanding 4.4

Explanation:

Preparation of the journal entry to record the issuance of the bonds.

($ in million)

Dr Cash 81.6

(80,000,000 X 102/100 = $81.6 million)

Dr Discount on bonds payable 2.8

(80+4.4-81.6 = $ 2.8 million balancing figure)

Cr Bonds payable 80.0

Cr Equity-stock warrants outstanding 4.4

($5 × 11 warrants × 80,000 bonds= $4.4 million)

(Being To record issuance of bonds)

4 0

3 years ago

1. Implied ContractThomas Rinks and Joseph Shields developed Psycho Chihuahua, a caricature of a Chihuahua dog with a "do-not-ba

Tanzania [10]

1. This case primarily involves an implied contract, where things may not have been written down but the actions by both sides show there was an agreement.

2. Implied contract may also be refereed to as an implied-in-fact contract because the facts (not written documents) show there was an agreement.

3. The court would rely on the conduct of the parties. Since there isn't a written agreement, they look at the actions people took to see if they behaved as if they were in a contract.

4. Implied contracts do not require an agreement between the parties. Someone may be operating on the assumption of an implied contract and the other person disagrees that they acted in a way that implied a contract, but it is their actions that matter not how they felt about the agreement.

5. To determine if a contract exists the court will look at: furnished a good or service, expected to be paid, knew or should have known about that expectation, had a chance to reject the goods or services

4 0

4 years ago

True Blue Corporation provided the data set forth above from its activity-based costing system.

Sidana [21]

Answer:

Unitary cost= $765.38

Explanation:

Giving the following information:

The company makes 430 units of product D28K a year, requiring a total of 690 machine-hours, 40 orders, and 10 inspection-hours per year.

The product's direct materials cost is $35.82 per unit and its direct labor cost is $29.56 per unit.

Unitary cost= direct material + direct labor + allocated overhead

We don't have enough information to allocate overhead.

Assuming the overhead gets allocated based on machine hours, I will invent an overhead rate and cost to allocate.

Estimated overhead= 300,000

Machine hours= 690

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 300,000/690= $434.78 per machine hour

A unit uses:

690/430= 1.61 machine hours

Unitary cost= direct material + direct labor + allocated overhead

Unitary cost= 35.82 + 29.56 + (1.61*434.78)= $765.38

8 0

3 years ago

Erik has a $5 dollar bill. He uses it to pay for soda and a hamburger. What form of financial exchange is this?

Daniel [21]

The form of financial exchange Erik uses is B. currency.

8 0

3 years ago

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