What does the term andragogy mean?

Which of the following journal entries will record the payment of a $675 accounts payable originally incurred for Office Supplie

sweet-ann [11.9K]

Answer:

C. Debit Office Supplies; credit Cash

Explanation:

The journal entry is shown below:

Accounts Payable A/c Dr $675

To Cash A/c $675

(Being the payment of an account payable is recorded)

For recording this transaction, we debited the account payable account and credited the cash account as cash is paid so it reduces the cash account for $675 so that the correct posting could be done

8 0

3 years ago

Any contract, whether it is for the sale of real estate or some other entity, must contain five basic elements. However, any con

Alexandra [31]

Answer:

d

Explanation:

7 0

3 years ago

Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi p

alexgriva [62]

Answer:

Kokomochi

The incremental earnings associated with the advertising campaign in its first year is:

= $0.3 million.

Explanation:

a) Data and Calculations:

Advertising campaign cost = $5.5 million

Mini Mochi Other Products Total

Much

Incremental sales revenue $8.2 million 1.8 million $10 million

Incremental cost of goods sold 5.2 million 1.4 million 6.6 million

Incremental gross profit $3.0 million 0.4 million 3.4 million

Advertising cost 3.1 million

Incremental earnings associated with the advertising campaign = $0.3 million

Advertising cost apportioned to:

This year = $8.2/$14.4 * $5.5 million = $3.1 million

Next year = $6.2/$14.4 * $5.5 million = $2.4 million

6 0

3 years ago

A stock is expected to pay the following dividends per share over the next four years, respectively: $0.00, $2.30, 2.60, and

Snowcat [4.5K]

Answer:

present value of stoke combine equation is $82.43

Explanation:

Given data

no of period = 4

discount rate = 6% = 0.06

dividends = $0.00, $2.30, 2.60, and $2.90

to find out

current stoke price

solution

we know dividend is 0 for st year so present value for 1st year will be 0 .....1

now we calculate

present value 2nd year dividend is = 2.30 / (1+0.06)^2

present value 2nd year dividend is = $2.05 ............2

present value 3rd year dividend is = 2.60 / (1+0.06)^3

present value 3rd year dividend is = $2.18 ..............3

present value 4th year dividend is = 95.83 / (1+0.06)^4

present value 4th year dividend is = $75.91 ..............4

present value of stoke combine equation 1 + 2 + 3 + 4

present value of stoke combine equation = 2.05 + 2.18 + 2.30 + 75.91

present value of stoke combine equation is $82.43

3 0

2 years ago

O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their nominal yield to maturity is 9.25%,

kozerog [31]

Answer:

8.99%

Explanation:

For this question we use the PMT function that is presented on the excel spreadsheet. Kindly find it below:

Given that,

Present value = $975

Future value = $1,000

Rate of interest = 9.25% ÷ 2 = 4.625%

NPER = 25 years × 2 = 50 years

The formula is shown below:

= PMT(Rate,NPER,-PV,FV,type)

The present value come in negative

So, after solving this, the PMT is $44.96

Now the annual PMT is

= $44.96 × 2

= $89.92

So, the coupon interest rate is

= $89.92 ÷ $1,000

= 8.99%

4 0

3 years ago