Why does the tape measure hook move?

Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collectio

kiruha [24]

The bond is a written promise to pay the bond's par value and interest at a stated contract rate. Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collection, are called coupon bonds.
Bondholders detach coupons when they mature and present them to a bank or broker for collection.

3 0

3 years ago

Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $2,800 account of a customer

laila [671]

Explanation:

The Journal entry is shown below:-

On Jan 31

Allowance for doubtful accounts $2,800

To Accounts receivable - C. Green $2,800

(Being the uncollectible amount is recorded)

Mar 09

Accounts receivable - C. Green $2,300

To Allowance for doubtful accounts $2,300

(Being the written off amount is recorded

Mar 09

Cash $2,300

To Accounts receivable - C. Green $2,300

(Being the payment is received is recorded)

7 0

3 years ago

Read 2 more answers

A firm has $76,000,000 in debt, which accounts for 43% of their total funds raised; the after-tax cost of these funds is 6.10%.

Digiron [165]

11.55% is the weighted average cost of capital for these funds

Explanation:

Firm has 76000000 in debt and 100000000 in equity. Thus the proportion of debt =

= 76000000/(76000000 + 100000000)

= 43.18%

and proportion of equity = 1 - 43.18% = 56.82%

Therefore, WACC = 0.4318 * 6.1 + 0.5682 * 15.7

= 11.55%

7 0

3 years ago

A grocery chain is considering the installation of a set of 4 self-checkout lanes. The new self-checkout lane setup will replace

Mekhanik [1.2K]

Answer:

a. 2560 checkout

b. 3072 checkout

c. Old system = 3.85 checkout/$

New system = 5.56 checkout/$

Explanation:

Given:

Checkout lanes = 4

a.

How many checkouts did the old system provide in a shift?

Given

Lanes = 2

Time in use = 16 hours --- Convert to seconds

Time = 16 * 3600 = 57600 seconds

Checkout = 1 per 45 seconds

Number of check outs is calculated as:

2 lanes * 57600 seconds * 1 checkout / 45 seconds

Number of checkout = 2560 checkouts

b.

How many checkouts does the new system provide?

Lanes = 4

TimeTime in use = 16 hours --- Convert to minutes

Time = 16 * 60 = 960 minutes

Number of check outs is calculated as:

4 lanes * 960 minutes * 1 checkout / 1.25 minutes

Number of checkout = 3072 checkouts

c.

Given

Electricity costs for both setups are $0.06 per checkout

Bagging (material) costs are $0.12 per checkout with the old system

Bagging (material) costs are $0.20 per checkout with the old system

Cost for the old system is calculated by:

$0.06 * 2560 + $0.12 * 2560

= $153.6 + $307.2

= $460.3

Multifactor = 2560 checkout/$460.3

Multifactor = 5.56 checkout/$

Cost for the new system is calculated by:

0.06 * $3072 + 0.20 * $3072

= $184.32 + $614.4

= $798.72

Multifactor = 3072 checkout/$798.72

Multifactor = 3.85 checkout/$

6 0

3 years ago

Harold, a manager, pays close attention to employee productivity and how efficiently his employees are working. Harold can best

dimaraw [331]

Answer:

b. job centered

Explanation:

Leadership refers to a process of influencing the behavior of subordinates towards desired action or performance, which leads to accomplishment of group goals and which is in alignment with organizational goals.

Job centered leaders represent those leaders who minutely supervise the performance of the subordinates with their focus upon employee efficiency w.r.t perfromance of tasks. Such leaders emphasize upon productivity and rely upon rewards and punishments to influence subordinate behavior.

Such leaders follow task and outcome oriented approach and operate within the organizational rules and try and impose compliance to organizational goals and are somewhat rigid.

In the given case, Harold pays close attention to employee productivity and their efficient discharge of tasks and duties. The scenario depicts Harold as a job centered leader.

3 0

3 years ago

Why does the tape measure hook move?​

Why does the tape measure hook move?