Us bank pulls from what credit bureau washington state

9. On August 20, 2018, Macak, Co. decides to invest excess cash of $ 3 comma 000 by purchasing Buffalo, Inc. bonds. At year

tia_tia [17]

Answer: Please refer to explanation.

Explanation:

Since it is an Available for Sale debt, we journalize it as follows

2018

Dec. 31

DR Unrealized holding loss on AFS 600

CR .Fair value adjustment - AFSI 600

(To record available-for-sale investments at fair value)

Calculation,

= Cost Price - Market Price

=($3000 - $2400)

= $600

If you need any clarification do comment or react.

4 0

3 years ago

2. Someone looking to buy a franchise needs to consider the brand's failure rate. For

sdas [7]

Answer:

One possible explanation is that the Blimpie franchisor is working properly since the franchisees are not receiving proper training and support in order to operate the franchise.

Another reason is that the Blimpie franchise model is simply not efficient (i.e. bad) and it is really hard to operate properly.

On the side of the franchisees, they might not have sufficient working capital since they budgeted higher revenues or lower costs. The franchisor shares the blame for this situation, since before establishing the franchise, the franchisor should request that the franchisee has enough enough working capital to operate the business properly.

6 0

4 years ago

QS 9-4 Interest-bearing note transactions LO P1 On November 7, 2017, Mura Company borrows $190,000 cash by signing a 90-day, 12%

san4es73 [151]

Answer:

The accrued interest payable on December 31, 2017 is $15,453.33.

Explanation:

When Mura Company signs a 90-day, 12% note payable the entries are as follows :

Cash $190,000 (debit)

Note Payable $190,000 (credit)

On December 31, 2017 when Interest acrues on the loan the entries are as follows :

Note : Two months interest or 61 days interest would have expired

Interest Expense $15,453.33 (debit)

Note Payable $15,453.33 (credit)

Interest expense = $190,000 × 12% × 61/90

= $15,453.33

Conclusion :

The accrued interest payable on December 31, 2017 is $15,453.33.

3 0

4 years ago

The Product Owner of a team was asked for a forecast for the completion of a product release. There were 140 story points worth

Pachacha [2.7K]

Answer:

The product owner should say:

The team will need about 3 Sprints more to complete the product release.

Explanation:

As given the team's average velocity in the past 3 Sprints has been 65 points and best sprint among three was 85 points. There were 140 story points worth of work in the project.

So, if the team keep such a performance then,

three sprints can get = 3 x 65 points

Three sprints can get = 195 points

So, the team will need about 3 sprints more to complete the product release.

5 0

3 years ago

Calculate the value of a preferred stock that pays a dividend of $6.50 per share when the market's required yield on similar s

ser-zykov [4K]

Answer:

In order to find the value of a preferred stock we discount its future payments at the required yield on the stock. Because the preferred stock is perpetual in nature, meaning it pays the same amount forever, we can find it's value by dividing its dividend by its required yield. So in this case the dividend is 6.5 and the required yield is 14% so the value of the preferred stock is

6.5/0.14= $46.42

Explanation:

4 0

3 years ago