Remark
If Jenny takes option A by a month later between people's problems and her late nights working, she's going to be completely worn out, but her student loan will begin to get paid off. That's a plus.

If she takes B she does not get the career fulfillment that she wants. No job is perfect and that student loan is like a massive weight around her neck. She could do volunteer work on the weekends.

C is completely out of the question. She's piling debt on debt. If she meets with one of life's catastrophes, she will be in real trouble. C is not an option at all.

D
D to me is an option. Working with kids, she will discover, is career advancement enough. If she get's tenure, she's set.

Based on just what is in the question and nothing more, I would pick D. If you are allowed to add circumstances then B is a good choice. Depends on what kind of questions you had before. I'll stick with D, but it depends on what your marker is like. A machine is merciless and expects only one answer. A person might let you say something and give you credit for what you say.

D<<<< answer.

3 0

3 years ago

Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Use the factor tables provided with

Masteriza [31]

Missing information:

A lot of information is missing, but I found several examples with very similar requirements.

For example:

Company, Inc. issued $500,000 of 14%, 10-year bonds payable on January 1, 2018. The market interest rate at the date of issuance was 12%, and the bonds pay interest semiannually.

Answer:

In order to determine the market price of the bonds we must add the present value of the bonds' face value + present value of the coupon payments:

PV of face value = $500,000 / (1 + 6%)²⁰ = $155,902.36

PV of coupon payments = $35,000 x 11.470 (PV annuity factor, 6%, 20 periods) = $401,450

market value of the bonds = $557,352.36

The journal entry to record the issuance of the bonds:

January 1, 2018, bonds are issued at a premium

Dr Cash 557,352.36

Cr Bonds payable 500,000

Cr Premium on bonds payable 57,352.36

7 0

3 years ago

On June 3, Swifty Company sold to Chester Company merchandise having a sale price of $3,300 with terms of 2/10, n/60, f.o.b. shi

goldfiish [28.3K]

Answer:

The Journal Entry and their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

a. 1.Accounts Receivable Dr, $3,300

To Sales $3,300

(Being sales is recorded)

Cash Dr, $3,234

Sales Discount Dr, $66

(3,300 × 2%)

To Accounts Receivable $3,300

(Being Payment received is recorded)

2. Accounts Receivable Dr, $3,234

=(3,300 × 0.98)

To Sales $3,234

(Being sales is recorded)

Cash Dr, $3,234

To Accounts Receivable $3,234

(Being payment received is recorded)

b. Cash Dr, $3,300

To Accounts Receivable $3,234

To Sales Discounts Forfeited 66

(Being payment received is recorded)

4 0

3 years ago

When happens when demand exceeds supply?

ElenaW [278]

A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.

4 0

3 years ago