Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $340,000
Bonds payable $340,00
(Being the bond payable is issued for cash)
For recording this we debited the cash as it increased the assets and credited the bond payable as it also increased the liabilities
On Dec 31
Interest expense ($340,000 × 8%) $27,200
To Cash $27,200
(Being the interest expense for year 1 is recorded)
For recording this we debited the interest expense as it increased the expenses and credited the cash as it decreased the assets
On Dec 31
Interest expense ($340,000 × 8%) $27,200
To Cash $27,200
(Being the interest expense for year 1 is recorded)
For recording this we debited the interest expense as it increased the expenses and credited the cash as it decreased the assets
The tendency is easily explained. As price goes up, the quantity that consumers demand goes down. This is a common correlation between the price of goods and the willingness of the customers to buy products. All businesses today have to build demand in order to know how much do the customers want in order for them to increase their purchase ability.
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Answer:
b. predictive validity design
Explanation:
Predictive validity -
It is the extent to which , the score on the test or scale predicts score for some criterion measure , is known as Predictive validity .
It is a common method to develop the validity evidence for the employment tests .
Hence , from the data of the question , the information given in the question , is about predictive validity .
Answer:
b. a provision relating to the resolution of any dispute.
Explanation:
As the company provides a streaming service that has complex pricing schedules and when the customers make purchases a contract in which both parts have obligations appears, it is important that the terms are clear and one important point is to include a provision relating to the resolution of any dispute that establishes the ways in which a problem that may arise between both parts can be fixed following a procedure that is detailed there to avoid serious issues that can result in spending a lot of money in legal fees.
Answer:
The 1-day rate of return on the index = 5.36%
Explanation:
Index Value = Sum of (Outstanding Shares*Share Price)
q p mv q1 p1 mv1
640,000 16 10240000 640000 20 12800000
540,000 24 12960000 540000 22 11880000
240,000 55 <u>13200000</u> 240000 57 <u>13680000</u>
<u>36400000 </u> <u>38360000</u>
Note: q/q1 = no of shares, p = price per share, mv/mv1 = market value, p1 = changed price per share
Return = (Index Value Today - Index Value Yesterday)/Index Value Yesterday
Return = (38360000 - 36400000) / 36400000
Return = 0.05385
Return = 5.36%
