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Mazyrski [523]
3 years ago
15

On October 1, 2020 Waterway Industries issued 6%, 10-year bonds with a face value of $8150000 at 104. Interest is paid on Octobe

r 1 and April 1, with any premiums or discounts amortized on a straight-line basis. Bond interest expense reported on the December 31, 2020 income statement of Waterway Industries would be
Business
1 answer:
Nastasia [14]3 years ago
3 0

Answer:

the bond interest expense is $114,100

Explanation:

The computation of the bond interest expense is shown below:

Cash interest payable for 3 months 122,250 ($8,150,000 × 6% × 3 ÷ 12)

Less; AMortized premium for 3 months $8,150 ($8,150,000 × 4% ÷ 10 × 3 ÷ 12)

BOnd interest expense $114,100

Hence, the bond interest expense is $114,100

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Crawford Company's standard fixed overhead cost is $6.00 per direct labor hour based on budgeted fixed costs of $600,000. The st
natka813 [3]

Answer:

The answer is "\$ \ 100,000 \ hours"

Explanation:

Budgeted fixed cost  = \$ 600,000  

labour hours = \frac{ \$ 6 }{hour}  

\text{overhead rate} = \frac{ \text{Budgeted fixed cost}}{labour\ hours}

                     = \frac{\$ \ 600, 000}{\$ \ 6}\\\\= \$ \ 100,000 \ hours

4 0
3 years ago
What key role does compliance play for any industry? Why do you believe is important?
kkurt [141]

Answer:

Hi

The logistics system of any company usually has the options of an external offer framework, specifying the use of the service of specification of agents of the environment through alliances and subcontracting, always looking for better levels of specialization that return in the achievement of the cables. In this sense, the logistics system tries to balance a permanent coordination scheme with all operating elements.

For the strategy and operation of logistics, it is necessary to build a strategic plan aligned with the strategic business plan, where it is necessary to detail the mission, vision, strategic objectives and program of actions to guide logistics management at all levels, planning inventories, supply, product receipts, mobility, third-party services, distribution and customer service. Given this, the bias associated with the traditional management of incidents or claims to be part of a proactive approach that plays a key role in improving the competitiveness of the company is avoided.

Explanation:

8 0
3 years ago
Which of the following is true? A Debit cards offer the highest level of fraud protection. B Checks are the most widely accepted
kozerog [31]
The answer is C. You withdraw money from a bank account while using them. 
8 0
3 years ago
Read 2 more answers
MakerMan Manufacturing creates heavy-duty hand tools. It produces a new collapsible hammer called the SmackN’Stash. One of the f
hammer [34]

Answer:

Anyone who is injured by a defective product may sue the manufacturer, merchants, and all others who handled the product.

Explanation:

Strict liability means that an injured party may sue another even when they don not prove a case against them. A party is held liable for injuries from a certain activity.

For example a company that produces tools may be held liable when the machinery it produces causes injury during use by the injured party.

The injured party need not prove negligence of the defendant.

In this instance MakerMan Manufacturing is liable for the hammer that injured one of Rob's coworkers while they were using it.

Strict Liabilities are classified into 3: animals owned, product liability, and abnormally dangerous acts.

8 0
3 years ago
A consumer's demand curve for a product is downsloping because:_________.a. total utility falls below marginal utility as more o
lesantik [10]

Answer:

c. marginal utility diminishes as more of a product is consumed.

Explanation:

The law of diminishing marginal utility states that when a person consumes more and more units, the marginal utility of extra units diminishes as additional units are obtained from the marginal utility.  

Moreover, the graph of this diminished marginal utility that results in the consumer demand curve for a product goes downward sloping.

7 0
3 years ago
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