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frosja888 [35]
2 years ago
10

Taylor Company neglected to amortize the discount on outstanding ten-year bonds payable. What is the effect of the failure to re

cord discount amortization on interest expense and bond carrying value, respectively
Business
1 answer:
damaskus [11]2 years ago
4 0

Answer:

Taylor Company

The negligence to amortize the discount on outstanding ten-year bonds payable is the understatement of interest expense for each year.  This means that the interest expense will be the same for each year instead of increasing by the amortized discount amount.  The same applies to the bond carrying value, which will remain the same throughout the period.

Explanation:

The discount on bonds payable is an additional interest expense, which is written off yearly over the bonds' maturity period through amortization.  It increases the amount of the periodic interest payment by the amortized discount.

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Parc hired Glaze to remodel and furnish an office suite. Glaze submitted plans that Parc approved. After completing all the nece
seraphim [82]

Answer:

From the information given about the contract and its execution between the two parties involved( That is, Parc and Glaze), the option 2 is most likely.

2. Glaze will win because Glaze substantially performed and Parc prevented complete performance.

Explanation:

It is stated that Glaze was hired to remodel and furnish an office suite, after a submitted plans by Glaze were approved by Parc. It was further stated that the construction and painting had been done.

Although, with Glaze purchasing minor accessories which Parc rejected because they did not conform to the plans is a breach of contract, but that can be corrected by calling Glaze to order. However, it was Parc that refused to allow Glaze to make necessary corretion and complete the project and also refused to pay Glaze any part of the contract price.

5 0
3 years ago
Some economists observe that higher profit rates in large oligopolies stem from the greater efficiency arising from _____ in the
Natasha2012 [34]

Some economists study that higher income rates in massive oligopolies stem from the greater performance bobbing up from economies of scale in these large companies.

Oligopoly traits include high barriers to new entry, fee-setting ability, the interdependence of companies, maximized revenues, product differentiation, and non-charge opposition.

Oligopolies motivate good sized Inefficiencies – to the Detriment of purchasers. part of the cause a few economists are hesitant to simply accept the market electricity explanation is the scarcity of facts that lets in them gauge the intensity of competition among corporations.

A competitive situation in which there are only some dealers (of products that may be differentiated but no longer to any great volume); each vendor has a high percentage of the market and can not afford to ignore the actions of the others.

Learn more about oligopolies stem here: brainly.com/question/3005866

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4 0
1 year ago
I NEED AN ANSWER REALLY QUICK Why should I take personal finance
Luda [366]

Answer:

Personal finance skills help you to understand how much you earn, what are your monthly expenses, and help you budget within that income.

Explanation:

6 0
2 years ago
Strategic positioning attempts to achieve sustainable competitive advantage by ______.
matrenka [14]

Its achieve by preserving what is distinct about the company.

Strategic positioning is basically an effort made by an organization in order to distinguishes itself in a valuable way from its competitors and delivers value to clients in way different from others.

  • According to Porter, he states that a "company's relative position within its industry matters for performance".

  • A proper strategic positioning have a way of influencing how customers perceive a product in relation with other competitors product.

In conclusion, this type of positioning helps to achieve sustainable competitive advantage by preserving what is distinct about the company.

Learn more about Strategic positioning here

<em>brainly.com/question/8999192</em>

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2 years ago
Suppose you wanted to closely examine the leaf of a plant. which type of lens would you use? explain
tekilochka [14]
<span>To examine the leaf of a plant, one should use a magnifying glass which holds a convex lens. A convex lens allows parallel light rays to pass through then refracts the rays so they meet on one principal point. This type of lens is useful in seeing something small.</span>
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