Answer:
Flint Corporation current assets section of Balance Sheet
Particulars Amount
Cash ($23,500 + 21,100) 43,600
Less: Restricted for plant expansion <u> 23,500</u> <u>21,100</u>
Trading Securities 9,700
Accounts receivable 73,300
Less: Allowance for bad debts <u>3,700</u> 69,600
Interest receivables (19,600*7%*9/12) 1,029
Inventories
Finished goods 33,300
Work in Progress 13,000
Raw materials <u>59,600</u>
Total Current Assets <u>186,229</u>
Generally the preferred method of making decisions within an organization is the rational model. This model is the preferred method for making decisions but generally it is pretty unrealistic for a company to obtain and adapt into their organization. This model tries to combine rational with structured deicsion aking for the best possible outcome.
Answer:
The Journal Entry is shown below in the explanation section
Explanation:
The first step to take is to make use of the Journal entry.
Journal Entries for issuing Bonds
1 May Cash 800,000
Bonds Payable 800,000
1 Nov Interest expense 24,000
Cash 24,000
(800,000* 6%*6/12)
31 Dec Interest expense 8000
Interest Payable 8000
(800,000* 6%* 2/12)
Answer:
D - work breakdown structure
Explanation:
A detailed work breakdown structure should entail the job description, specific skills required, work experience recommended as well as the number of people required to carry out the task, should it require more than one. the project manager should then be able to identify the skills needed that he/she would have to go out and seek internally or from the public. Departmental personnel listings may not necessarily relate to the project and a budget will not state who does what, only the finances set aside for the project and its deliverables. A stakeholder meeting usually is for the end user stating what he/she expects the end product to be like. the project manager may be able to pick up a few skills requirements from that but that would only be surface level information. A detailed work breakdown structure will give him/her what is needed to plan, begin, continue and end the project efficiently.
Answer:
$74,932.66
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow from year 1 to 4 = $20,000
Cash flow in year 5 = $25,000
I = 12%
Present value = $74,932.66
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
