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3 years ago

Betsy is caught in her car during an earthquake. What is the best thing for her to do:

2 answers:

7 0

<span>If Betsy is caught in her car during an earthquake she would (C) STOP AND STAY IN THE VEHICLE - CLEAR OF BUILDINGS, TREES, AND OVERPASSES IF POSSIBLE. The reason is because the most danger comes from falling objects. If you are outside and not underneath of anything at all, you are most safe.</span>

erastova [34]3 years ago

4 0

The answer is: B. None of the above

The best thing for her to do is abandon her vehicle and stay clear of buildings, trees and overpasses if possible.

Your vehicle could be shaken and damaged during the earth quake and you could potentially trapped inside it. Because of this , it is safer to get out of your vehicles but stay clear of objects that could fall down and crush you.

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A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 8%. a. Find the bond equivale

kipiarov [429]

Answer:

The answer is 4.26 percent

Explanation:

This is a semiannual paying coupon.

N(Number of periods) = 40 periods ( 20 years x 2)

I/Y(Yield to maturity) = ???

PV(present value or market price) = $950

PMT( coupon payment) = $40 ( [8 percent÷ 2] x $1,000)

FV( Future value or par value) = $1,000.

We are using a Financial calculator for this.

N= 40; PMT = 40; FV= $1,000; PV= -950 CPT I/Y = 4.26

Therefore, the bond's yield-to-maturity is 4.26 percent

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3 years ago

A law firm received $2,000 cash for legal services to be rendered in the future. The full amount was credited to the liability a

Mashcka [7]

Answer:

Revenues to be understated.

Explanation:

The accrual basis says that revenues are recognized when earned and expenses are recognized when incurred.

In this case, if the legal services have been rendered at the end of the accounting period and no adjusting entry is made there is a situation of understated revenue.

When an accountant says that an amount is understated, it means two things: The amount is not the correct amount, and the amount is less than the true amount.

The adjusting entry that should be done is:

Debit to the liability account Unearned Service Revenue, and a credit to the revenue account Service Revenue.

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3 years ago

For each of the following transactions below, prepare the journal entry (if one is required) to record the initial transaction a

Nikitich [7]

Answer and Explanation:

the journal entries are as follows:

a Prepaid rent $213,000

To cash $213,000

(To record prepaid rent)

Adjusting entry:

Rent expense $71,000 ($213,000 ÷ 3)

Prepaid rent $71,000

(To record September rent expense)

b Cash $840,000

To unearned sales revenue $840,000

(To record cash received on season sales)

Adjusting entry:

Unearned sales revenue ($840,000 ÷ 12) $70,000

Sales revenue $70,000

(To record sales revenue recognised)

c Cash $300,000

Note payable $300,000

(To record note payable issued on borrowed amount )

Adjusting entry:

Interest expense ($300,000 × 6% ÷ 12) $1,500

Interest payable $1,500

(To record interest payable due)

d Prepaid advertising 3,500

To Cash 3,500

(To record cash paid for advertising)

Adjusting entry:

Advertising expense ($3,500 ÷ 60) × 20 $1,167

To prepaid advertising $1,167

e No entry

Adjusting entry:

Accounte receivable ($160,000 × 8%) $12,800

Sales revenue $12,800

(To record amout due)

6 0

3 years ago

Rebecca, a department manager, has been dealing with two workers in her department who do not get along. due to family problems

Lerok [7]

<span>Rebecca is enacting the managerial role of mediator. By having both parties in the conflict meet to discuss the issue, Rebecca is hoping to resolve the conflict by having them talk things out in her presence while she unemotionally guides the discussion and make sure it stays on task.</span>

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3 years ago

Given: Cost of goods manufactured of $410,000; beginning finished goods inventory of $110,000 and ending finished goods inventor

hammer [34]

$395k is the unadjusted cost of goods sold.

The direct costs incurred in the production of any goods or services are measured by the term "cost of goods sold" (COGS).

How is the unadjusted cost of goods determined?

= Cost of producing the goods - ( Ending finished goods -Beginning finished goods inventory )

= $410,000 - ($125,000 - $110,000)

= $410,000 - $15,000

= $395,000

Consequently, $395,000 represents the unadjusted cost of goods sold.

<h3>What is Unadjusted cost?</h3>

Unadjusted basis is the asset's original acquisition price. This sum includes the asset's initial purchase price as well as any additional costs, such as expenses and liabilities taken on during the transaction.

To know more about Unadjusted cost check this out:brainly.com/question/23774073

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2 years ago