Answer:
Dr Notes Payable 4500
Dr Interest expense 75
Cr Cash 4575
Explanation:
Based on the information given if On April 12, the Hong Company agrees to accept a 60-day which include the amount of $4,500 note from Indigo Company which means that in order to extend the due date on an overdue account the journal entry that Indigo Company would make, when it records payment of the note on the maturity date is :
Dr Notes Payable 4500
Dr Interest expense 75
(4500/60 days)
Cr Cash 4575
(4500+75)
<span>A possible reason that a company would sell stock is to help expand their business, hire more people and develop new technology. Businesses will sell stock so that they can accumulate more cash on hand to have for funding other projects within the company. Having more cash on hand allows for more options to grow at a quicker rate. </span>
The statement above is TRUE. At the initial stage, investing in the TQM will improve processes and quality until the highest possible point is reached. After this, each round of initiative will reach a point where improvement can no longer be added, at this point diminishing returns will set in. <span />
Answer:
Step 1 of 3
Duration of a bond refers to the time period till the end of which investor can recover his investment in bond. For normally traded bonds, duration is always less than its maturity, whereas for Zero-Coupon bond duration is equal to its maturity.
Duration  of a bond can be calculated using the following formula:

Here,
“” is the change in price.
“” is the initial price.
“” is the yield to maturity.
“” is the change in yield.
“” is the duration of a bond.
Answer:
1. Cost of the old X-ray machine - SC
2. The salary of the head of the Radiology Department - None
3. The salary of the head of the Pediatrics Department - None
4. Cost of the new laser printer - DC
5. Rent on the space occupied by Radiology - None
6. The cost of maintaining the old machine - DC
7. Benefits from a new DNA analyzer - OC
8. Cost of electricity to run the X-ray machines - DC
Where,
SC - Sunk cost
DC - Differential cost
OC - Opportunity cost