1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Readme [11.4K]
3 years ago
13

On December 31, 2008, Ed Abbey Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Ab

bey Co. agreed to accept a $200,000 zero-interest-bearing note due December 31, 2010, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 10%. Abbey is much more creditworthy and has various lines of credit at 6%.
Instructions
(a) Prepare the journal entry to record the transaction of December 31, 2008, for the Ed Abbey Co.
(b) Assuming Ed Abbey Co.’s fiscal year-end is December 31, prepare the journal entry for December 31, 2009.
(c) Assuming Ed Abbey Co.’s fiscal year-end is December 31, prepare the journal entry for December 31, 2010.
(d) Assume that Ed Abbey Co. elects the fair value option for this note. Prepare the journal entry at December 31, 2009, if the fair value of the note is $185,000.
Business
1 answer:
Veronika [31]3 years ago
5 0
Hmmmmmmmmmmmmmmmmmm, I’m confused l
You might be interested in
"You are a manager of a team of 50 professionals. One particular professional persists in accusing you of having your priorities
erastova [34]

Answer:

C: Clarify your Core Principles and Make them Public

Explanation:

First: A list of the options:

A) Meet the professional at the door each time you see him coming

B) Move the professional to another team so you don't have to manage him

C) Clarify your core principles and make them public

D) Hold meetings with him only at the end of the day

<u>Detailed Explanation</u>

As a manager especially of professionals, it is expected that conflict will arise from time to time on the order of activities and priorities. This is primarily because each team member who is also a professional have core principles and priorities on how tasks are to be accomplished.

It becomes imperative, therefore, as a manager of this team to make your core principles especially for achieving the group task very clear and also make them public so that everyone on the time understands them and are carried along on your priorities, plans and activity schedule on a daily basis.

This way, where there are conflicts, these initially clarified core principles of values can be easily referred to and such conflicts quickly resolved. However, in a situation where the particular professional continues to accuse you and tries to undermine the activity, such actions will meet with little or no success because 49 other members are easily carried along on your plan and activity schedule as the manager.

Looking at the Other Options

Meeting the professional at the door daily will not resolve the attempts to undermine the activities. Such a professional is quite determined in their actions

Moving the professional to another team is not a good way to resolve conflict as a new team member can also come up with another issue. If this becomes the norm then the manager may not be left with adequate team members to complete daily tasks

Holding meetings with one professional daily is counterproductive as the manager wastes quality time in resolving issues that can be publicly addressed by making core principles clear and public

7 0
4 years ago
In which stage of the product life cycle does price decrease as competition increases and inefficient, high-cost firms are elimi
erik [133]

Answer:

The correct answer is "maturity stage"

Explanation:

The product life cycle is divided into four stages: introduction, growth, maturity, and decline. This concept allows the managers to decide when is an appropriate moment to increase, reduce or expand to a new market with a specific product.

At the maturity stage price decrease as competition increases and inefficient, high-cost firms are eliminated

6 0
4 years ago
Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he
puteri [66]

Answer:

He began to worry.vvv

Explanation:

3 0
3 years ago
Read 2 more answers
You work as an assistant coach on the university basketball team and earn $15 per hour. One day, you decide to skip the hour-lon
Tamiku [17]
The total cost of skipping practice to go to the fair is $9 the opportunity cost is $15 therefore you are loosing $24 because you miss your chance of earning the $15 and you lost $9 from the mony you already had so when you add the together you get $24 hope this helps
3 0
4 years ago
Read 2 more answers
12) A particular species of North American frog is most comfortable within a temperature range of 20 oC- 40 oC. A mating pair is
meriva

Answer:

The male frog would join the female frog in the water poodle

Explanation:

Mathematically,

Let x = temperature the 10000 joules from sun Ray would raise the temperature of the copper

So therefore:

10000 = m * (x - 33°) * Spc

Where m = mass of copper = 400g

Spc = specific heat capacity of copper = 0.387j/g/°c

So

400 * ( x - 33) * 0.387 = 10000

( x - 33 ) = 10000/ (400 * 0 387)

x = 97.6 °c

Temp for water where m = mass of water = 100g

x¹ = temperature the sun Ray of 10000 joules would raise the temp of water too.

Spw = specific heat capacity of water = 4.184j/g/°c

So therefore;

100 * ( x¹ - 33 ) * 4.184 = 10000joules

x¹ - 33 = 10000/ (100 * 4.184)

x¹ = 56.9°c

Since x for the male frog is greater than x¹ for the female frog, the male frog would be more uncomfortable because it's environmental temp is far higher than the comfort zone tem which is 20° to 40°c so it would move to join the female frog.

3 0
3 years ago
Other questions:
  • Journal entries are written in a certain format in the general journal. When writing a journal entry, which of the following is/
    6·1 answer
  • Elias, the manager of eat big chain of restaurants, gives awards on a monthly basis to employees with highest productivity. this
    11·1 answer
  • Before a customer is willing to accept a change to the proposed project, the contractor must provide a/an ___ along with an indi
    10·1 answer
  • How can a participant in a group discussion be an effective speaker?
    9·1 answer
  • Compound interest is the interest that is divided into different accounts. true or false.
    10·2 answers
  • Competitive rivalry based solely on____is destructive to firms as it transfers most of the value created in the industry to the
    5·1 answer
  • A business would have a positive cash flow if revenue is ___operating expenses.
    14·1 answer
  • Como se origino el hombre​
    6·1 answer
  • Which statement is true of all transactions?
    5·2 answers
  • Suppose a store offer a loyalty card. the stores punches the card at every visit and on the seventh visit the customer gets a 20
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!