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3 years ago

Which of the following schools is least likely to receive state tax dollars? A. Liberty Baptist University

Business

1 answer:

bagirrra123 [75]3 years ago

7 0

The least likely to receive tax dollars is Liberty Baptist University because of its religious beliefs.

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Ten years ago, Cary Company issued $1,500,000 of 7 percent, 10-year bonds at a price of 95. On the maturity date of January 2, a

vampirchik [111]

Answer:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000.

Explanation:

Although this bonds were issued at a discount, but the Discount on Bonds Payable account will have zero balance on the day of maturity because of the entry that has been made on each interest payment date.

Therefore, the necessary journal entry for January 2, 2019 to complete is as follows:

Debit Bonds Payable for $1,500,000

Credit Cash for $1,500,000

This entry will appear as follows:

Date Name of Account DR ($) CR ($)

02 Jan '19 Bond payable 1,500,000

Cash 1,500,000

(To record retirement of 10-year bonds at maturity.)

6 0

3 years ago

Five years from today, you plan to invest $4,150 for 10 additional years at 7.3 percent compounded annually. How much will you h

just olya [345]

Answer:

$8,395

Explanation:

You will have

$4,150 x (1 + 0.073)^10 = $8,395 at the end of 15 years from today.

6 0

3 years ago

Hurry!!#3

Vinvika [58]

Answer:

the industrial revolution ; )

Explanation:

Because in the passage it talks about industries and how the people were changing them,

i also did it on edge!!!

4 0

3 years ago

Outsourcing (Make-or-Buy) Decision

ivann1987 [24]

Answer:

If the company makes the units, it will save $7,000 per period.

Explanation:

Giving the following information:

Make in-house:

Number of units= 16,000

Variable cost per unit= $22

Avoidable fixed cost per unit= $3

Buy:

Number of units= 16,000

Buying price= $27

Rent= $25,000

First, we will determine the total cost of each option:

Make:

Total cost= 16,000*(22 + 3)= $400,000

Buy:

Total cost= 16,000*27 - 25,000= $407,000

If the company makes the units, it will save $7,000 per period.

7 0

3 years ago

Brandon is looking to invest for retirement, which he hopes will be in 30 years. He is looking to invest $39,500 today in U.S. T

Elis [28]

Answer:

e. $82,854

Explanation:

Assuming compounding occurs only once a year, the future value of a $39,500 investment for 30 years at a rate of 2.50% per year is determined by:

$FV = P*(1+r)^n\\FV = \$39,500*(1+0.025)^{30}\\FV=\$82,854$

At the end of 30 years, Brandon will have $82,854.

The answer is alternative e. $82,854

6 0

3 years ago