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3 years ago

HIGH SCHOOL

1 answer:

7 0

C. Your charging less for the same thing as your component they’re spending less money but your making more because more people will come to your location

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Ou have 3 credit cards: $990.34 (credit limit: $3,500.00), $2,365.78 (credit limit: $4,600.00), and $5,897.65 (credit limit: $8,

Molodets [167]

The correct answer in this particular situation would be it increased.

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4 years ago

Wildhorse Locomotive Corporation purchased for $604,000 a 40% interest in Lopez Railways, Inc. This investment enables Wildhorse

tangare [24]

Answer:

Dr Equity Investments $604,000

Cr Cash $604,000

Dr Equity Investments $63,600

Cr Investment Income $63,600

Dr Cash $10,800

Cr Equity Investments $10,800

Explanation:

Preparation of ZaneLocomotive’s journal entries related to this investment.

Dr Equity Investments $604,000

Cr Cash $604,000

(Being to record Investment)

Dr Equity Investments $63,600

Cr Investment Income $63,600

(40% × $159,000)

(Being to record share in net income)

Dr Cash $10,800

Cr Equity Investments $10,800

(40% × $27,000)

(Being to record shares in dividend)

5 0

3 years ago

Southland farm sold ten september futures contracts on wheat. Southland farm will:______.

Oliga [24]

Southland farm sold ten September futures contracts on wheat. Southland farm will: both receive payment and deliver in September. Option A. This is further explained below.

<h3>What is the payment?</h3>

Generally, the act or process of making a monetary contribution to someone or something, or of receiving a monetary contribution.

In conclusion, Wheat futures contracts were sold by Southland Farm for 10 contracts in September. September will be a busy month for the Southland farm, with both payments and deliveries.

Read more about payment

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8 0

2 years ago

How has the internet affected the way interest groups do grass-roots lobbying?

RUDIKE [14]

<span>With the onset of the internet and online means of outreach, interest groups and lobbying efforts have become more widespread and efficient in reaching an array of individuals. Given the ability to communicate with thousands or more at a time, they have been better able to frame and promote their interests.</span>

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4 years ago

Robin Corporation retires its $800000 face value bonds at 104 on January 1, following the payment of annual interest. The carryi

LekaFEV [45]

Answer:

The correct option is debit of $2040 to Loss on Bond Redemption

Explanation:

The unamortized premium on the bonds at redemption date=carrying value-face value

carrying value is $829,960

face value is $800,000

unamortized premium=$829,960-$800,000=$29,960

cash paid on redemption=$800,000*104%=$832,000.00

The appropriate entries would a credit to cash of $ 832,000 while face value is debit to bonds payable and also the unamortized premium is debited to premium on bonds payable

loss on retirement=$832,000-$829,960=$2040

The loss is debited to loss on bond redemption

4 0

4 years ago