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3 years ago

A manufacturing company hires only welders who have completed a formal

Business

1 answer:

BartSMP [9]3 years ago

5 0

Answer: An apprenticeship

Explanation: Pretty sure that other person had a stroke

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On June 30, 2020, Sarasota Company issued $3,340,000 face value of 14%, 20-year bonds at $3,842,540, a yield of 12%. Sarasota us

ki77a [65]

Answer:

1) June 30, 2020, bonds are issued at a premium

Dr Cash 3,842,540

Cr Bonds payable 3,340,000

Cr Premium on bonds payable 502,540

2) December 31, 2020, first coupon payment

Dr Interest expense 230,552.40

Dr Premium on bonds payable 3,247.60

Cr Cash 233,800

amortization of bond premium = ($3,842,540 x 6%) - $233,800 = -$3,247.60

3) June 30, 2021, second coupon payment

Dr Interest expense 230,357.54

Dr Premium on bonds payable 3,442.46

Cr Cash 233,800

amortization of bond premium = ($3,839,292.40 x 6%) - $233,800 = -$3,442.46

4) December 31, 2021, third coupon payment

Dr Interest expense 230,151

Dr Premium on bonds payable 3,649

Cr Cash 233,800

amortization of bond premium = ($3,835,849.94 x 6%) - $233,800 = -$3,649

5 0

3 years ago

Jill Gracie's current checkbook balance is $8,900.15. She opened up the bank statement and saw the bank's balance at $7,000.10.

Mrrafil [7]

Answer:

The reconciled balance is:

Explanation:

Cash 8900,15

Books

Cash receipts pending on bank -9821,55

Checks written 7986,05

Checks written not recorded -49,55

Banks

Bank service fee -48,1

Interest earned 33,1

Bank conciliation 7000,1

Bank account 7000,1

7 0

3 years ago

You are planning to save for retirement over the next 25 years. To do this, you will invest $820 per month in a stock account an

alina1380 [7]

Answer:

The withdraw amount is "11,227.42".

Explanation:

The given values are:

In stock account,

PMT = $820

Interest rate = $\frac{10.2 \ percent}{12}$

N = 300

PV = 0

In Bond account,

PMT = $420

Interest rate = $\frac{6.2 \ percent}{12}$

N = 300

PV = 0

Now,

By using the FV (Future value) function, the value in Stock account will be:

= $FV(rate,nper,pmt,[pv],[type])$

= $1,125,795.30$

By using the FV (Future value) function, the value in Stock account will be:

= $FV(rate,nper,pmt,[pv],[type])$

= $300,181.3321$

After 25 years,

The value throughout the account, will be:

= $300,181.3321 + 1,125,795.30$

= $1,425,976.63$

By using the PMT function, we can find the with drawling amount. The amount will be:

= $PMT(rate, nper, pv, [fv], [type])$

= $11,227.42$

4 0

2 years ago

A corporation ran an ad which showed environmental experts praising its social initiatives. The ad encourage readers to visit it

slamgirl [31]

Answer:

institutional copy.

Explanation:

In the scenario described above, the institutional copy style was used, which can be defined as a type of advertisement whose objective is not to sell a product or service, but rather to promote the selling company through its policies, philosophies and objectives, with the objective of strengthening and creating its reputation so that customers are aware of their values and reputation, generating recognition and prestige.

This is what the company analyzed in the above question did by running an ad that shows environmental experts praising its social practices and encouraging readers to access its website and learn about its positive environmental practices

7 0

3 years ago

The political business cycle refers to the possibility that

Fynjy0 [20]

I hope this helps you

7 0

3 years ago