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sattari [20]
3 years ago
11

Campbell Inc. owned all of Gordon Corp. For 2013, Campbell reported net income (without consideration of its investment in Gordo

n) of $280,000 while the subsidiary reported $112,000. The subsidiary had bonds payable outstanding on January 1, 2013, with a book value of $297,000. The parent acquired the bonds on that date for $281,000. During 2013, Campbell reported interest income of $31,000 while Gordon reported interest expense of $29,000. What is consolidated net income for 2013?A. $406,000.
B. $374,000.
C. $378,000.
D. $410,000.
E. $394,000.
Business
1 answer:
grigory [225]3 years ago
4 0

Answer:

I Dont know sorry........

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Answer:

b. Create task forces at different levels of the organization that communicate the benefits of the policy change

c. Hold a series of town hall meetings to discuss the policy change and listen to employee concerns

d. Hold informal meetings with key managers, department heads, and staff employees to discuss the policy change to develop best practices for communicating the change to other employees

Explanation:

An Interactive leader is a leader who seeks the opinion of his or her followers regarding issues in order to achieve a desired goal.

Mary Barra can communicate a policy change that impacts all GM employees from executive-level managers to assembly line workers by creating task forces at different levels of the organization that communicate the benefits of the policy change. This will help in passing the message across to the workers effectively and quicker.

Holding a series of town hall meetings to discuss the policy change and listen to employee concerns is also vital as the purpose of the policy change can be discussed and the opinions of other with regards to the change can be known.

Lastly, holding of informal meetings with managers, department heads, and staff employees is also essential so that the information can be passed across to the employees in each department and the workers all work towards achieving a common goal.

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3 years ago
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Minchanka [31]

Answer:

The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.

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The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.

So, the appropriate journals to record this transaction is as provided above.

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