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makkiz [27]
3 years ago
11

On January 1, 2021, Vaughn Manufacturing issued its 12% bonds in the face amount of $7990000, which mature on January 1, 2031. T

he bonds were issued for $8971878 to yield 10%, resulting in bond premium of $981878. Vaughn uses the effective-interest method of amortizing bond premium. Interest is payable annually on December 31. At December 31, 2021, Vaughn's adjusted unamortized bond premium should be (Round intermediate calculations to 0 decimal places, e.g. 9,020,890.)
Business
1 answer:
Anton [14]3 years ago
5 0

Answer:

$920,266

Explanation:

The adjusted unamortized bond premium is the initial bond premium  recorded on the issuance of the bond minus the amortized bond premium for the year ended 31 December 2021.

The initial bond premium is $981,878

At year end of the first year the amortized premium is the difference between the interest expense recognized and coupon  interest  paid in cash .

Interest expense=$8971878*10%=$897,187.80  

coupon interest= $7990000*12%=$958,800.00  

Amortized bond premium= $958,800.00-$897,187.80=$ 61,612.20  

Adjusted unamortized bond premium=$981,878-$61,612.20=$920,265.80  

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One of the main implications of the four-drive theory is that: employers should give all employees the same employee benefits. e
Vitek1552 [10]

Answer: Employers should offer employees enough opportunity to keep each of their drives in balance.

Explanation:

The Four-Drive Theory is a way of improving Employee motivation through more ways than just financial incentives. It is believed that all four factors are very integral in the motivation of employees and so managers would do well to implement them to get the best out of their employees.

The Four drives are, <em>Acquire and Achieve</em>, <em>Bond and Belong</em>, <em>Create and Challenge</em> and <em>Define and Defend</em>.

A key recommendation by the proponents of this theory is that Managers should not give their employees too little or too much opportunity to follow each drive but rather give them enough opportunity that they keep each drive balanced with the others.

3 0
4 years ago
Molly has been directed by her regional marketing manager to cut prices on seasonal items, place an ad in the local paper, and t
melamori03 [73]

Answer:

Marketing Mix

Explanation:

According to my research on the strategic marketing planning process, I can say that based on the information provided within the question Molly is engaged in the Marketing Mix step of this process. This step focuses on Product Development, Pricing, Promotion, and Distribution. Which the ones in bold are what Molly is doing.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: M N O Un
damaskus [11]

Answer:

Products    Selling price   Unit variable cost   Contribution per unit

                        $                           $                             $

M                      7                           3                             4

N                       6                          2                             4

O                       6                          3                             3

                        19                          8                            11

Break-even point in composite units

= <u>Total fixed cost</u>

  Contribution per unit

= <u>$340,000</u>

         $11

= 30,909 units

Break-even point for the current sales mix

M    3/6 x 30,909 units = 15,455 units

N     1/6 x 30,909 units = 5,151 units

O     2/6 x 30,909 units = 10,303 units

Explanation:

In this case, we need to calculate contribution per unit of each product by deducting the unit variable cost of each product from their respective selling prices. Then, we will obtain the break-even point in composite units by dividing the total fixed cost by overall contribution per unit.

Then, we will determine the break-even point for the current sales mix by multiplying the proportion of each product in the sales mix by the break-even point in composite units.

8 0
4 years ago
What are some of the reasons that work teams have become more prevalent in todayâs organizations? How do they provide a competit
iris [78.8K]

Answer: working as a team sets up organizations for outstanding success and Improvement of team members

Explanation:

Working as a team has been a great help for most organizations. It's been realized that success experienced by many firms has been a result of what the teams accomplished when they worked together on a project, here are some reasons why they become prevalent;

1) Unity is being fostered within their activities, everyone is able to understand each other and know how to cooperate with the other

2) Productivity and efficiency is usually on the high as teams that work together put in a lot of energy to be productive in many efficient ways

3) There is an opportunity to learn from the group, thereby improving the skills of everyone on the group

They provide a competitive advantage when they work together, with everyone's effort, progress, success and achievement's are bound to occur.

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3 years ago
A "balanced scorecard" for measuring company performance:______.
Vsevolod [243]

Answer:

Option E - entails putting equal emphasis on financial and profit objectives.

Explanation:

A "balanced scorecard" for measuring company performance entails setting both financial and strategic objectives and putting balanced emphasis on their achievement.

Therefore, option E is the right answer which is "entails putting equal emphasis on financial and profit objectives"

5 0
3 years ago
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