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3 years ago

Bankruptcy is the legal process of reducing or eliminating an amount owed. O True O False

Business

2 answers:

vova2212 [387]3 years ago

3 0

The answer would be trueee

WARRIOR [948]3 years ago

3 0

It’s true!!! Have a nice day٩( 'ω' )و

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Suppose that college professors at public universities are unionized. if public university college professors change their minds

hammer [34]

<span>The amount of public university college professors required will rise but the supply of workers in other like occupations will fall. So if the supply decreases, and the demand goes high as expected, there will be a shortage of public university college professors.</span>

7 0

3 years ago

The Drogon Co. just issued a dividend of $3.00 per share on its common stock. The company is expected to maintain a constant 6.2

Mars2501 [29]

Answer:

The company’s cost of equity is 11.51%.

Explanation:

Please find the below for detailed explanations and calculations:

The company's cost of equity need to be found is the discounted rate that will bring net present value of its projected future dividend to its current stock price.

Denote cost of equity need to be found is x.

We apply the formula to calculated the present value of growing perpetuity to find x as shown below:

[ 3 x ( 1+0.062) ] / ( x - 0.062) = 60 <=> 3.186 / ( x - 0.062) = 60 <=> x = 11.51%.

Thus, the company's cost of equity is 11.51%.

5 0

3 years ago

On January 1, 2018, Wonderland Sales issued $28,000 in bonds for $20,300. These are eight−year bonds with a stated interest rat

Nimfa-mama [501]

Answer:

$20,781.25

Explanation:

Bond carrying amount after the first interest payment on June 30, 2018:

= Carrying value of bond On January 1, 2018 + Amortization of discount on June 30, 2018

$=20,300+\frac{(28,000-20,300)}{8\ years\times2}$

$=20,300+\frac{7,700}{16}$

= 20,300 + 481.25

= $20,781.25

3 0

3 years ago

Who is responsible for ensuring the policies and procedures are implemented across the organization and acts as a liaison betwee

Elina [12.6K]

Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?

The correct answer is Data Steward

<h3>Why is MIS becoming so important to businesses?</h3>

The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.

The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.

Learn more about the MIS department and the business here

brainly.com/question/12386219

#SPJ2

8 0

1 year ago

nuary 1, Campanella Inc. issued $4,000,000, 8% bonds for $3,756,000. The market rate of interest for these bonds is 10%. Interes

olasank [31]

Answer:

$188,400

Explanation:

Data provided in the question:

Value Bonds issued = $4,000,000

Amount for which bonds issued = $3,756,000

Thus,

Bond discount at the time of issue = $4,000,000 - $3,756,000

= $244,000

Interest = 8%

Interest payable = Value Bonds issued × Interest

= $4,000,000 × 8%

= $320,000

Market rate of interest = 10%

Therefore,

Interest expense = $3,756,000 × 10%

= $375,600

Thus,

Discount amortized = Interest expense - Interest payable

= $375,600 - $320,000

= $55,600

Therefore,

At the end of the first year, Campanella should report unamortized bond discount

= Bond discount at the time of issue - Discount amortized

= $244,000 - $55,600

= $188,400

3 0

3 years ago