What are royalties ?

A multimillion-dollar u.s. project to construct a suspension bridge is in progress. true structures inc. in canada shares both p

umka21 [38]

Answer: Joint Venture

A Joint Venture is a business entity that is created when two or more corporations pool in their resources for a specific project.

The corporations that are a part of the Joint Venture share the governance, risks and rewards of the joint venture.

In a Joint venture the corporations who come together to form a joint venture retain their distinct entities.

7 0

2 years ago

In cell e5, enter a financial function to calculate the monthly payment. in cell e6, insert a financial function to calculate th

eduard

The excel function for monthly payments is =PMT()

The excel function for cumulative total interest is =CUMIPMT()

4 0

3 years ago

On January 1, 2020, Tamarisk Corporation issued $700,000 of 9% bonds, due in 8 years. The bonds were issued for $740,784, and pa

EleoNora [17]

Answer:

Cash 740,783 debit

Bonds payable 700,000 credit

Premium ob BP 40,783 credit

--to record issuance--

Interest expense 29,631.32 debit

premium on BP 1,868.68 debit

cash 31,500 credit

--to reocrd first interest payment--

Interest expense 29,556.57 debit

premium on BP 1,943.43 debit

interest payable 31,500 credit

--to record accrued interest at year-end on BP--

Explanation:

procceds 740,783

face value 700,000

premium on bonds payable 40,783

When comparing, the firm received more than the face value hence, there is a premium on the bonds as the coupon payment are above the market rate.

Now, the interest will be calculate as follow:

carrying value x market rate:

740,783 x 0.08/2 = 29,631.32 interest expense

cash outlay:

700,000 x 0.09/2 = 31,500

amortization on premium (difference) 1,868.68

new carrying value: 740,783 - 1,868,68 = 738,914

second payment accrual:

738,914 x 0.04 = 29,556.57

cash outlay 31500

amortization 1,943.43

7 0

2 years ago

Money stock Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check

yulyashka [42]

Answer:

For Kenji he falls on the category M2, for Lucia it's M2, and for Eric belongs to the category of both M1 and M2 respectively.

Explanation:

M1 money supply comprises of currency in physical form and coin, the demand deposit( check-able) travelers check

M2 money supply comprises of Certificate deposit and M1, savings, money market funds, and time deposits for example, M2 money supply comprises money. that is less liquid/

Kenji has $25000 in a money market account - it belongs to the category of M2 money supply.

Lucia has $8000 in a two year CD, it belongs to the category - M2 which is money supply

Eric withdrew money from the bank to do laundry. The money he took will go to cash that is available or in the economy at that time or the physical currency. these category belongs in M1. As M2 money supply contains M1 therefore this example also belongs in M2.

3 0

2 years ago

Chocolates R' Us, Inc is owned equally by Desi and his wife Lucy, each of whom hold 550 shares in the company. Lucy plans to red

soldi70 [24.7K]

Answer:

Chocolates R' Us, Inc.

Family hostility cannot be used as an argument to void the family attribution rules.

Lucy is still legally married to Desi. What the husband, Desi, therefore, owes, she owes equally despite their separation and her intention to reduce her ownership in their joint company.

Explanation:

Family Attribution Rules: Section 318 of the Internal Revenue Code says an individual shall be considered as owning the stock owned, directly or indirectly, by or for his spouse and his children, grandchildren, and parents, including legally adopted children.

3 0

3 years ago

What are royalties ?​

What are royalties ?