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3 years ago

12

OSHA requires that material safety data sheets be available in printed form at workstations where employees might be exposed to

dangerous chemicals.
TRUE
FALSE
The term "security" refers to protection of the physical well-being of people.
TRUE
FALSE

1 answer:

Aliun [14]3 years ago

4 0

34 to do the run i cant you

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The investments of Steelers Inc. include a single investment: 42,730 shares of Bengals Inc. common stock purchased on September

Inga [223]

Answer:

Explanation:

A. The journal entries are shown below:

On September 12

Investment A/c - Bengals Inc A/c Dr $598,220 (42,730 × $14)

To Cash A/c $598,220

(Being the acquired investment including brokerage commission is recorded)

On December 31

Unrealized gain or loss on available-for-sale securities A/c Dr $85,460

To Valuation allowance for available-for-sale securities $85,460

(Being decline in share value is recorded)

The computation is shown below:

= 42,730 shares × ($14 per share - $12 per share)

= 42,730 shares × $2 per share

= $85,460

B. The unrealized gain or loss for available-for-sale investments is shown in the Stockholder equity section on the balance sheet. It is to be shown in the negative item in the equity section.

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3 years ago

On December 31, 2020, American Bank enters into a debt restructuring agreement with Barkley Company, which is now experiencing f

Setler79 [48]

a) Since the debt modification is <u>substantial</u>, more than 10%, the gain to be recorded by Barkley Company, $600,000, will be equal to the loss recorded by American Bank under the debt restructuring.

b) Barkley Company can record a Profit under the term modification above because it is a <u>substantial</u> debt modification, with a gain of $600,000, which is 20% of the original debt.

c. The preparation of the Interest Payment Schedule is as follows:

Period PV PMT Interest FV

1 $2,400,000.00 $621,565.76 $34,262.40 $1,812,696.64

2 $1,812,696.64 $621,565.76 $25,878.06 $1,217,008.93

3 $1,217,008.93 $621,565.76 $17,374.02 $612,817.19

4 $612,817.19 $621,565.76 $8,748.58 $0.00

<h3>What is a debt modification?</h3>

A debt modification is the restructuring of debt to enable the debtor experiencing financial difficulties to regain the financial muscle to settle the restructured debt.

Debt modification can affect the following debt terms:

The amounts
Timing of interest payments
Timing of principal repayment
Rate of interest.

<h3>Data and Calculations:</h3>

12% Note Payable = $3,000,000

Revised 10% Note Payable = $2,400,000

Gain on Debt Modification = $600,00

Extended Maturity Period = 4 years

Learn more about debt modifications at brainly.com/question/1490221

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2 years ago

When a business sells more than one product at varying selling prices, the business's break-even point can be determined as long

makvit [3.9K]

Answer: c. there is no limit

Explanation: There is no limit to the number of products sold at varying prices when determining the business's break-even point. The break even point is defined as that volume of production where total costs (fixed and variable costs) equals total sales (revenue) resulting into a no-profit no-loss situation. As a result, when output falls below that point there is loss; and if output exceeds that point there is profit.

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3 years ago

Read 2 more answers

2. Let’s work out a simple example where a person smooths her consumption over time. Gwen is a real estate agent, and she knows

Pepsi [2]

Answer:

A) How much should Gwen consume in the average year?

Gwen should consume the average money she earns taking into account the good and bad years.

In the good years, she is earning $90,000, and in the bad years she is earning $20,000. We simply obtain the average:

$90,000 + $20,000 = $110,000/2 = $55,000

B) How many dollars will she save during the good years?

Personal saving equals disposable income minus consumption. As stated above, during the good years she will consume $55,000, while having a disposable income of $90,000. Her personal saving will then be:

$90,000 - $55,000 = $35,000

C) How many dollars will she borrow during the bad years?

During the bad years, Gwen is making $20,000, while consuming an average of $55,000 per year. Therefore, her total borrowing during the bad yeras is:

$55,000 - $20,000 = $35,000

In other words, for every bad year, she will exhaust a total good year's savings.

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3 years ago

They innovate, allocate and manage the factors of production and bear risk that’s why they are considered as the catalysts for e

Genrish500 [490]

Innovation is a process of discovering new ways of combining resources

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2 years ago