Answer: A. debit of $3,745 to Premium on Bonds Payable.
Explanation:
The carrying value of the bonds at redemption date is $103,745.
The bonds retired however, had a face value of $100,000.
The company therefore paid a premium on these bonds which is:
= 103,745 - 100,000
= $3,745
This amount will be debited to the Premium on Bonds Payable account.
Answer: B. Operational planning
Explanation: Blair, the production line supervisor engaged in
" operational planning " activities by creating specific employee work assignments and production schedules for coming weeks.
Operational planning is an activity of preparing plans by a unit in an organization, the plans are meant to state clearly the action and work plan the organization will take to achieve its goals and objectives which is set by management.
Answer:
stop using her credit card
Explanation:
Based on the information provided within the question it can be said that the first step that Olivia should take is to stop using her credit card. People have adopted a consumer culture, and that has skyrocketed since the invention of the credit card, as it makes it easy for individuals to impulse buy something even if they do not have the money for it. By switching from credit card to cash only it will allow you to not overspend and make hasty impulse buys, thus allowing you to save money and hopefully get out of credit card debt.
The Price-earnings ratio of Aberdeen Wholesale Company equals to 14.29.
<h3>What is a P/E ratio?</h3>
Its means the Price-earnings ratio which is used to value a companies by comparing the company's share price to its earnings per share.
<u>Given data</u>
Market capitalization rate = 10%
Expected ROE = 12%
Expected EPS = $5
Plowback ratio is 60%
<h3>What is the Dividend payout ratio?</h3>
= 1 - 0.6
= 0.4
<h3>What is the Expected dividend?</h3>
= 0.4 × $5
= $2
<h3>What is the Growth rate?</h3>
= 0.6 * 12%
= 7.2%
<h3>What is the Firm Value?</h3>
= $2 / (0.10 - 0.072)
= $2 / 0.028
= $71.43
<h3>What is the P/E ratio?</h3>
= $71.43 / $5
= 14.286
= 14.29
Hence, the Price-earnings ratio of Aberdeen Wholesale Company equals to 12.5.
Therefore, the Option D is correct.
Read more about Price earnings ratio
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