Answer:
Dr. Cash $98,000
Dr. Discount on Bond $2,000
Cr. Bond payable $100,000
Explanation:
If the bonds are issued at a price below the face value then the bonds are issued on a discounted value. The difference between face value and issuance value is known as discount. This discount is recorded separately and amortized over bond's life.
As per given data
Face value = $100,000
Issuance value = $98,000
Discount = $100,000 - $98,000 = $2,000
Answer:
C) Product
Explanation:
There is fours Ps in the marketing mix
A. Place: The place denotes the location at which the product is sold and buyed
B. Price: The price is the key element of the product without which the product is not sold or even bought. Through knowing the price of the product, customers are able to purchase the product
C. Product: The product describes the attributes that attract the customer.
D. Promotion: The promotion is the way to knowing the company products either by advertising, the worth of mouth
According to the given situation, it focuses more on the product rather other elements of the marketing mix
Answer:
B) risen 25 percent.
Explanation:
The inflation rate is the rate at which overall prices are increasing in the economy in a period. It is expressed as a CPI value.
Given CPI for different periods, inflation can be calculated using the formula below.
Inflation =<u> new CPI - old CPI</u> x 100
old CPI
In the case
The inflation rate will be <u>150- 120</u> x 100
120
=30/120 x 100
=25%
Answer:
$320.
Explanation: Opportunity Cost is an economic term used to describe the benefits foregone in order to satisfy another want. The opportunity cost of Dana is calculated as follows.
The hours spent baking cookies is 4hours, the amount per hour when Dana is working as a Yoga instructor is $80, total amount forgone (Opportunity Cost) of Dana when baking cookies is 4hours*$80=$320.
