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3 years ago

What is a product’s life cycle? entrepreneurship

1 answer:

3 0

The life cycle of a product are as follows:
1) Introduction - This involves the R&D, marketing, and launch of the product
2) Growth - This is the period of the life cycle when sales of increasing most quickly
3) Maturity - sales are peaking, but the rate of growth is slowing down,
4) Decline -final stage of the cycle, when sales begin to fall

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On February 1, 2021, Strauss-Lombardi issued 8% bonds, dated February 1, with a face amount of $810,000. The bonds sold for $735

Mnenie [13.5K]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

Interest paid semiannually on July 31, and Jan 31,

so the rate of interest is :- 9% × 6÷12 = 4.5% and 8% × 6÷12 = 4%

Date Interest Paid interest 4% Amortized Carrying value

expenses 4.50% discount amount

February,1 $735,474

July,31 $33,096 - $32,400 $696 $736,170

Jan.31 $33,128 - $32,400 $728 $736,898

Working note =

Paid interest = $810,000 × 4÷100 = 32,400

Interest expenses in July,31 = $735,474 × 4.5 ÷ 100

= 33,096.33 or $33,096

Interest expenses in January,31 = $736,170 × 4.5÷100

= 33,127.65 or $33,128

Carrying Value = Previous Carrying Value + Amortized Discount Amount

July,31

= $735,474 + $696

= $736,170

Jan,31 = $736,170 + $728 = $736,898

Journal Entry

Feb,1 Cash A/c Dr. $735,474

Discount on bonds payable A/c Dr. $74,526

To bonds payable A/c $810,000

(To Record the issuance of bond)

July,31 Interest expense A/c Dr. $33,096

To Discount on bonds payable A/c $696

To Cash A/c $32,400

(To Record the interest expense)

Dec,31 Interest expense A/c Dr. $27,606

(9% × 5÷12) × $736,170

To Discount on bonds payable A/c $606

To Cash A/c $27,000 (8% × 5÷12) × $810,000

(To Record the accrued interest)

Jan,31 Interest expense A/c Dr. $5,522

Interest payable A/c Dr. $27,000

To Cash A/c $32,400

To Discount on bonds payable A/c $122

($728 - $606) = $122

(To Record the interest on January)

8 0

3 years ago

What are some advantages of students being exposed to computer software? (as it relates to Accounting)

ivann1987 [24]

Answer:

There are many advantages in students being exposed to accounting softwares.

-There productivity increases as they can engage in more work in less time

-The accuracy of the accounting process increases as well, mainly lyrics because there is no room for human errors

-the process becomes easier and less time consuming, this makes accounting less complicated and more attractive as a subject for the students

Explanation:

5 0

3 years ago

Read 2 more answers

Usually, price elasticities of supply areA) positive, because higher prices yield larger quantities supplied.B) considered short

Anna35 [415]

Answer:

A) Positive, because higher prices yield larger quantities supplied.

Explanation:

The correct answer to the question is A) Positive, because higher prices yield larger quantities supplied. The price elasticity of supply determines the change in price as a response to the change in supply of the good or service supplied. This is usually calculated in a figure that determines that if price increases what will be the impact on its supply, which usually is a positive figure.

3 0

3 years ago

A limited liability company that has two or more members can be taxed as a corporation.

Novosadov [1.4K]

It's true a limited liability company that has two or more members can be taxed as a corporation.

Option A) is true.

If you form a multiple-member LLC and do not file a special form with the IRS, the LLC will be taxed as if it were a partnership. You may elect to be treated as an S Corporation by filing IRS Form 2553, Election by a Small Business Corporation.

A multi-member limited liability company is treated as a pass-through entity for federal income tax purposes. As with a sole proprietorship GmbH, this means that the GmbH does not pay its own taxes. Instead, each member pays taxes on the company's income in proportion to their interest in the LLC.

Learn more about limited liability company at

brainly.com/question/13304738

#SPJ4

3 0

2 years ago

On January 1, 2015, East Lansing, Inc, issues $2,000,000 of 10 percent, 5-year bonds that pay interest of $100,000 semiannually.

Trava [24]

Answer:

The answer is option D

Explanation:

The bond can be issued at par, at a discount or at a premium depending on the coupon rate and the market interest. The price of the bond which pays semi annual coupon can be calculated using the formula of bond price. The formula to calculate the price of the bond is attached.

First we need to determine the semi annual coupon payment, periods and YTM.

Semi annual coupon payments = 2000000 * 0.1 * 6/12 = 100000

Semi annual periods = 5 * 2 = 10

Semi annual YTM = 0.08 * 6/12 = 0.04

Bond Price = 100000 * [(1 - (1+0.04)^-10) / 0.04] + 2000000 / (1+0.04)^10

Bond Price = $2162217.916

The price of the bond is thus $2162290 approx. The difference in answers is due to rounding off.

5 0

4 years ago