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Anettt [7]
2 years ago
12

Write the importance of professional education​

Business
1 answer:
Brilliant_brown [7]2 years ago
8 0

Answer:

Benefits of professional development include: Professional development expands your knowledge base. Professional development and continuing education opportunities can expose both young and experienced professionals to new ideas, solidify their knowledge, and increase their expertise in their field. The aim of education is to make a person intelligent enough to make decisions logically, knowledgeable enough to take up a right career path and skilled enough to be self-supportive. ... Getting a professional education is important for shaping your career to move towards a right direction.

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When Patey Pontoons issued 6% bonds on January 1, 2018, with a face amount of $600,000, the market yield for bonds of similar ri
Sliva [168]

Answer:

<u>1.- issued at : </u>$579,378

<u></u>

<u>2.- the schedule is attached.</u>

<u></u>

<u>3 and 4.- journal entries</u>

cash                                     579,378 debit

discount on bonds payable 20,622 debit

         bonds payabe                        600,000 credit

--to record issuance-------

interest expense 20278.23 debit

        discount on bonds payable     2278.23 credit

        cash                                  18000 credit

--to record June 30th payment---

<u>5.-At December 31th 2018 will report as follow:</u>

bonds payable        600,000

discount on bonds    (15,986)

                           net 584,014

<u>6.- it will report interest expense for:</u>

20,278.23 June

20,357.97 December

total: 40.636,2‬

7.- maturity:

interest expense 20,898.55

discount on bonds payable 2,898.55

cash 618,000

Explanation:

For the value of the bonds at issuance, we will calcualtethe present value of the coupon payment and the maturity at market rate.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 18,000 ( 600,000 x 0.06/2)

time 8 (4 years x 2 payment per year

rate 0.035(market rate / 2)

18000 \times \frac{1-(1+0.035)^{-8} }{0.035} = PV\\

PV $123,731.1997

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   600,000.00

time   8.00

rate  0.035

\frac{600000}{(1 + 0.035)^{8} } = PV  

PV   455,646.93

PV c $123,731.1997

PV m  $455,646.9337

Total $579,378.1334

for the schedule we will multuply the carrying value by the market rate.

the ncompare with the proceed in cash to know the amortizaiton.

This amortization will increase the carrying value of the loan.

5 0
3 years ago
Organizations should ensure that their performance appraisal and reward systems reinforce the importance of effective diversity
Andrei [34K]

Answer:

accountability

Explanation:

It is the duty utmost duty of the organisation  to grant  appraisal and bonus  on the basis of accountability of the manager or any other employee.

The effective diversity management is innovative strategy that ensure to provide that type of workplace that provide environment to do work effectively and efficiently. working in diversity environment boost the employee will power and help to improve morale.

5 0
3 years ago
Which of the following is generally true about 401(k) and 403(b) retirement plans?
Triss [41]
They restrict when you can withdraw your money
6 0
3 years ago
Read 2 more answers
To spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the
LekaFEV [45]

Answer:

Common market.

Explanation:

In order to spur trade, Cormoran, Brithea, and Asmakush decided on economic integration where there were no barriers to trade between the three countries, they agreed on a common external trade policy, and allowed factors of production to move freely between the three countries. In short, the three countries formed a common market.

A common market can be defined as a formal agreement between a group of countries in which they adopt a common external tariff on products imported from countries outside the union. It is simply a type of market involving the formal organization of countries who have collectively agree to trade freely with one another with eliminated internal tariffs but imposes a common external tariff on trade with other countries.

Common market was founded in 1958 and was made up of countries like Luxembourg, France, Belgium, Netherlands, West Germany and Italy.

The main purpose and advantage of the common market is that, it avails member countries the opportunity to move goods, people, services and capital freely.

4 0
3 years ago
4. the interest is computed on the principal and also on the accumulated past interests.
torisob [31]

Answer:

d. compound interest​

Explanation:

Compound interest basically means that previously earned interests will earn interests on their own. For example, you invest $100 and receive a 5% yield. At the end of year 1 you will have $105. At the end of year 2 you will have $105 x 1.05 = $110.25. The $5 in interests previously earned during year 1 will earn $0.25 interest during year 2.

8 0
3 years ago
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