The amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
<h3>What is liability?</h3>
"At the beginning of year 2, a government entity had a $500,000 judgment outstanding. The government entity paid $400,000 of the judgment during year 2. The remaining balance of the judgment includes $25,000 payable early in year 3 and $75,000 payable at the end of year 4. What amount should the government entity report as a liability for the judgment in its year2 governmental fund financial statements?
A) $500,000 B) $100,000 C) $75,000 D) $25,000
It should be noted that liability simply means the future sacrifices of economic benefit that an entity is obliged to make.
Here, the amount that the government entity report should report as a liability for the judgment in its year 2 governmental fund financial statements is $25000.
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Answer:
$10.19 per share
Explanation:
With regards to the above, the basic earnings per common share is seen below;
Preferred dividend = Shares × Par value × Shares percentage
= 5,800 × $100 × 5%
= $29,000
So, basic earning per share = (Net income - Preferred dividend) ÷ Common shares
= ($620,000 - $29,000) ÷ 58,000
= $10.19 per share
Therefore, for 2021, basic earnings per common share amounted to $10.19
Based on the scenario above, it is suggested that Girard
practices the management by walking around. The MBWA or the management by
walking around is a style where the management uses this with their managers
wandering in the workplaces to check their employees.
Answer:
The question is missing the options, which can be found in the attached.
The number of bonds necessary to raise the funds is 46,009
Explanation:
First of all, I calculated the price at which would be issued using the pv formula in excel, which =pv(rate,nper,pmt,fv)
rate is the yield to maturity divided by 2 because it is semi-annual payment
nper is 30 years multiplied by 2
pmt is the semi-annual coupon payment
fv is the $2000 payable on maturity
Find attached.
leadership is a narrow term that only refers to formal positions such as ceo and cfo. The statement given in question is false.
<h3>Just what is leadership?</h3>
Leading a team or an organization is "the action of doing so." Leadership is simply about taking chances and questioning the existing quo, to put it simply. Others are inspired by leaders to take on new and better challenges. Curiously, leaders pursue innovation rather than doing so out of necessity. By examining the team's accomplishments and progress, they gauge success. To limit risk and produce predictable results, management, on the other hand, entails assigning duties and motivating individuals to obey the rules. Planning, organizing, leading, and controlling are the manager's four primary responsibilities.
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