Rejected. As the damaged packaging, and lack of label, show it may have been opened and contaminated.
Answer:
B) Bondholders have a senior claim on assets and income relative to stockholders.
Explanation:
Bond holder: They are one who owns bonds issued by the company, where companies are not liable to pay a dividend if they fail to generate enough profit. Although preferred stock provides added financial leverage in much the same way as bonds, it differs from bonds in that the issuer can pass a dividend payment without suffering the consequences that result when an interest payment is missed on a bond.
Share holder: They are the ones who own stock in a company. The buyer has an option to choose between common stock and preferred stock. The company take priority in paying a dividend to the common stockholder, however, the preferred stockholder has a voting right in the company.
Answer:
$3,003
Explanation:
Interest expense = Effective interest for first interest period × Period of time covered by adjusting entry.
Therefore:
Interest expense = $9,009 × 2/6 = $3,003
The adjusting entry will record interest for the two-month period conservatively which includes January and February, Year 1 in which It will include a debit to Interest Expense in the amount of $3,003.
Hence,
Dr Interest Expenses $3,003
The amount of interest expense that should be accrued by Maverick in an adjusting entry dated February 28, Year 1 is
$3,003
<span>1.
1.
1.A Better Life - The ability to provide a better life for my son, than the one my parents were able to give to me. At least in terms of not having to want for things, education and the ability to travel.
2. Status - Lifestyle status is a massive thing where we live, and we chose to live in our area for easier access to better schools, convenience shopping, higher quality food shops and restaurants.
3. Health - Being able to provide quality Health and Medical Insurance for my family is much more important than the actual salary. As long as my family are well covered we feel much more safe and stable.
4. Salary - Having enough to cover our needs and a bit extra has a great sense of satisfaction and the idea of a safety net is very nice.
5. Holidays - Just being able to go to a different place on holiday or to visit family at least twice a year is extremely important.
6. Stability - To be able to buy and have he things that you want, when you want them. Not to think how this may damage your savings etc.</span>
