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aev [14]
3 years ago
11

Arbitration places a dispute before a third party for a binding settlement. true or false

Business
1 answer:
kenny6666 [7]3 years ago
4 0
<em />It is true that arbitration places a dispute before a third party for a binding settlement. 
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The mangerial act of developing, implementing, and controlling marketing programs is called ___________.
Charra [1.4K]

Answer: The correct answer is "the marketing management process".

Explanation: The mangerial act of developing, implementing, and controlling marketing programs is called the marketing management process.

The marketing process consists in analyzing the opportunities that the market offers us, researching and selecting the appropriate niches and designing and planning strategies.

The general marketing process in any company includes all the phases that it goes through until a marketing strategy is implemented, executed and evaluated, analyzing it from practically the moment it is born and it is just a simple idea.

8 0
3 years ago
Nash Co. sells $435,000 of 12% bonds on June 1, 2020. The bonds pay interest on December 1 and June 1. The due date of the bonds
garri49 [273]

Answer:

\left[\begin{array}{ccccccc}\\ &&$Carrying Value&$Cash&$Int. exp&$Amortization&$E.Carrying\\& 1&493574.88&26100&19743&6357&487217.88\\& 2&487217.88&26100&19488.72&6611.28&480606.6\\& 3&480606.6&26100&19224.26&6875.74&473730.86\\& 4&473730.86&26100&18949.23&7150.77&466580.09\\& 5&466580.09&26100&18663.2&7436.8&459143.29\\& 6&459143.29&26100&18365.73&7734.27&451409.02\\& 7&451409.02&26100&18056.36&8043.64&443365.38\\& 8&443365.38&26100&17734.62&8365.38&435000\\\end{array}\right]

<u>Journal entries:</u>

cash       493,574.88 debit

 bonds payable   435,000.00 credit

 premium on bp     58,574.88 credit

--to record issuance--

Interest expense 19743

Amortization 6357

cash 26100

--to record Dec 31st, 2020--

Interest expense 19488.72

Amortization 6611.28

cash 26100

--to record June 30th, 2021--

bonds payable    130,500.00 debit

premium on bp       13,681.98 debit

interest expense    17,400.00 debit

      gain on redemption           25,081.98 credit

       cash                                 136,500.00 credit

--to record redemption--

premium on BP      4,813.04 debit

interest expense  13,456.96 debit

        cash                         18,270 credit

-- to record December 31st, 2021--

Explanation:

First, we solve for the proceeds from the bonds payable:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 26,100 (435,000 x 12% / 2)

time 8 ( 4 years x 2)

yield to maturity  0.04 ( 8% / 2)

26100 \times \frac{1-(1+0.04)^{-8} }{0.04} = PV\\

PV $175,724.6412

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   435,000.00

time   8.00

rate  0.04

\frac{435000}{(1 + 0.04)^{8} } = PV  

PV   317,850.24

PV c $175,724.6412

PV m  $317,850.2392

Total $493,574.8804

We now build the amortization schedule.

We take this value, we multiply by the interest rate and then, solve for amortization and ending carrying value.

<u>To record the redemption:</u>

accrued interest:

435,000 x 0.12 x 4/12 (months from June to oct) = 17,400

premium:

480,606.6 - 435,000 = 45,606.6

proportional of premium:

45,606 / 435,000 x 130,500 = 13.681,98

we now solve for the gain/loss on redemption:

130,500 + 13,681.98 + 17,400 = 161.581,9 value redeem

                                      for cash 136,500

gain on redemption 25.081,98

bonds payable    130,500.00 debit

premium on bp       13,681.98 debit

interest expense    17,400.00 debit

      gain on redemption           25,081.98 credit

       cash                                 136,500.00 credit

Now, we solve for Dec 31st, 2021 entry.

bonds payable: 435,000 - 130,500 = 304,500

premium: 45,606 - 13,681.98 = 31.924,02

interest expense:

(304,500 + 31,924.02) x 0.04 = 13,456.96

cash outlay:

304,500 x 0.06 = 18,270

amortization 18,270 - 13,456.96 = 4,813.04

6 0
3 years ago
Describe the final step in the adjusting process. The final step is to determine the correct balance of an account. The final st
Ket [755]

Answer:

The Final Step is 'post to a trial balance so financial statements can be prepared'

Explanation:

The accounting cycle has, in most theory analysis, 8 steps that will serve to record and process all financial transactions of a company, beginning at the transactions itself and ending at resetting the balance so a new cycle can begin. The steps are:

1) The occurrence of Financial Transactions

2) The record of those transactions in the company journal

3) The summary of all journal’s transactions in the general ledger

4) The calculation of a total balance for all accounts

5) The corrections of error in balances by the bookkeeper

6) The posting of adjustments in all accounts

7) The manufacture of financial statements using the correct balances

8) The close of revenue and expense accounts to open a new cycle

8 0
3 years ago
If you had a million dollars what would you buy and why? 2 sentences please!!
Mekhanik [1.2K]
I would buy a Chromebook. I would buy a Chromebook because I would be able to do stuff like school work and it would be very helpful so that way I wouldn’t have to narrow my moms Chromebook. That is what I would buy with a million dollars.
5 0
2 years ago
Read 2 more answers
An insurance company chartered in another country has been licensed to operate in your state. In your state the insurance compan
vladimir2022 [97]

When an insurance company chartered in another country has been licensed to operate in your state. In your state, the insurance company is called a foreign insurer.

<h3>What is insurance?</h3>

Insurance refers a policy or agreement which provides financial protection to any individual if he faced any injury or died in accident.In case of injury,it helps in receiving medical claim as per the policies of the insurance company.

A foreign insurer is a corporation based in one state that writes insurance for clients in those other states. In the world of health insurance, foreign insurers are fairly common.

The benfits of these policy is that it offers better benefits in  terms and protection to the policy holders as compared to own state.In this insurance the more options are received which is not available in own state.

Learn more about Insurance, here:

brainly.com/question/27822778

#SPJ1

8 0
2 years ago
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