All categories

2 years ago

Question 9 of 20

Business

1 answer:

inna [77]2 years ago

4 0

Answer: C. An estimate that offers to provide goods and services at a

specified price and sometimes by a specified date

Explanation:

is the correct answer

You might be interested in

Beachside co. sells two products, skis and snorkels. last year beachside sold 12,600 units of skis and 23,400 units of snorkels.

Nimfa-mama [501]

Total No of Units=12600+23400

=36000 units

Ski=12600/36000=35%

Snorkel=23400/36000=65%

7 0

2 years ago

An invoice, with payment terms of 6/10, n/30, was issued on april 28 for $230.00. if the payment was made on may 12, the amount

meriva

The amount of the payment on May 12 will be the full amount of $230.00

6/10 n/30 means a 6% discount <em>if </em>paid within 10 days and the net amount is due within 30 days. Since the payment was made after 10 days there would be no discount, just the full amount due.

6 0

3 years ago

Organizational change can best be defined as ________.

Zigmanuir [339]

Organizational change can best be defined as <span>any alteration of people, structure, or technology</span>.

When an organization makes a change it is known as organizational change. When changing an organization you are making a change to the way the company runs. Changing any type of structure, technology or moving around how people work can make a change to the organization.

5 0

3 years ago

Joanna Mills has recently been promoted to the position of a project manager at Palmer, Inc., a software development firm. As a

Ainat [17]

Answer:

B) The sole criterion for Joanna's promotion was her effectiveness in meeting individual targets.

Explanation:

Joanna wants to guide her sbordinates in executing various projects but they are not proactively coming to her for advise. This indicates that before her promotion she was very good at doing work individually and most likely did not work collectively to achieve results.

Based on this background tlshe was promoted on the basis of her individual efforts and her staff are not comfortable coming to her for guidance, since this was not her style before promotion.

Her approachable nature in building a team would not have been a criteria, if not it would have resulted in greater request for guidance from subordinates.

3 0

3 years ago

National Orthopedics Co. issued 9% bonds, dated January 1, with a face amount of $500,000 on January 1, 2021. The bonds mature o

Jobisdone [24]

Answer:

The price of the bonds $483,841.97

Journal entry:

Dr cash $483,841.97

Dr discount on bonds payable $16,158.03

Cr bonds payable $500,000.00

Explanation:

Using a financial calculator, we determine the bond price by using the following inputs:

N=8(number of semiannual coupons in 4 years=4*2=8)

PMT=22500 (semiannual coupon=face value*coupon rate*6/12= $500,000*9%*6/12=$22,500)

I/Y=5(semiannual yield=10%%*6/12=5%)

FV=500000( the face value is $600,000)

CPT PV=$483,841.97

Bond discount=face value-bond price

Bond discount=$500,000-$483,841.97

Bond discount=$16,158.03

The double entries are to debit cash and discount on bonds payable with $483,841.97 and $16,158.03 respectively while bonds payable is credited with the face value of $500,000

8 0

2 years ago