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Anna [14]
2 years ago
15

Ivanhoe Company issued $492,000 of 10%, 20-year bonds on January 1, 2017, at 104. Interest is payable semiannually on July 1 and

January 1, Ivanhoe Company uses the straight-line method of amortization for bond premium or discount.
Prepare the journal entries to record the following.
(a) The issuance of the bonds.
(b) The payment of interest and the related amortization on July 1, 2017.
(c) The accrual of interest and the related amortization on December 31, 2017.
Business
1 answer:
mamaluj [8]2 years ago
5 0

Answer:

Explanation:

For  answer , see the attached file.

Download docx
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"A broker-dealer who acted as financial advisor to a municipality in structuring a new issue now wishes to act as underwriter in
maxonik [38]

Answer:

B. The financial advisor is prohibited from acting as the underwriter

Explanation:

As per the rule of the Municipal Securities Rulemaking Board, the financial advisor cannot be the underwriter.

The financial advisor for a  municipality is paying the advisory fee for assisting the structure of the municipality in order to the issuance of the new bond so that the less interest cost to be paid.

But in the case of the underwriter, it contains high rate of interest as it is very easiest way for selling

So through this, the conflict arises between these two parties

Therefore option B is correct

3 0
3 years ago
Jumpin Corporation uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to
Zinaida [17]

Answer:

$101,500

Explanation:

Net Sales    $2,030,000

Allowance for uncollectible Accounts ($2,030,000*5%)=$101,500

The amount of uncollectible accounts to be reported in income statement shall be $101,500

7 0
3 years ago
Which senior managers may assume a greater deal of transferability between domestic and international HRM practices?
astraxan [27]

Answer: d. All of the Above

Explanation:

All the above senior managers are more likely to apply more Domestic HRM practices to make them International HRM practices when they are put into a situation where International practices will be needed.

This is because they have been with the Domestic companies for much of their time and so know more about Domestic practices than international.

The first options refers to senior managers in firms with large domestic markets. To be a senior manager demands experience in the market they are in so it is not far fetched to say that they are more knowledgeable in domestic practices than international.

The second option speaks of managers with little International experience meaning they are more likely to engage in transferability between domestic and International practices.

The third option speaks of managers who built their careers on domestic experience. They will find it hard letting go of what has brought them such success so will more likely apply domestic practices on an international scale.

7 0
2 years ago
Discussion Topic
steposvetlana [31]

Answer:

The role of project managers is vital for the succcess or failure of project.

Explanation:

The success of projects concentrates on developing key business metrics. However,  sometimes development programs are still unsuccessful. There are a number of reasons why these initiatives fail such as lack of funding, weak measurements, lack of coordination among team members, and decisions based on speculations instead of evidence and facts. Such types of issues make it much more difficult for project managers to establish credibility for future projects. Ultimately, the accomplishment or effectiveness of the strategy concentrates entirely on the shoulders of the project manager, and he or she is held responsible for the final outcome.

3 0
3 years ago
It usually takes less time to buy a six-pack of Pepsi, a loaf of bread, and a bag of potato chips at a small convenience store (
dybincka [34]

Answer:

The correct answer is the option A: a person with a high opportunity cost of time.

Explanation:

To begin with, the opportunity cost of something is what the person sacrificies in order to be doing that thing. Therefore that when we talk about the opportunity cost of time it refers to what the person sacrificies in order to do something with that time. If the person has a high opportunity cost of time then the sacrificies that he made with that time will be higher than other person that has a low opportunity cost of time, meaning that the time spent by that person is less important than to the one that has a lot of time to spare.  

6 0
3 years ago
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