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kenny6666 [7]
4 years ago
9

The senior accountants at spicedam have a disagreement with each other about the calculation of the company's annual budget beca

use of their different industry experiences. however, they are willing to have a rational discussion and arrive at the optimal solution. in this scenario, the conflict among the senior accountants at spicedam best exemplifies _____.
Business
1 answer:
Elodia [21]4 years ago
8 0

The c – type conflict is the one being best exemplified by the conflict among the senior accountants at Spicedam. C – Type of conflict is characterized as the conflict between people because of their difference in expertise or knowledge in different industries. This is also characterized by the willingness of the people in conflict to settle their differences.


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The __________ is a good-faith estimate of credit costs and transaction terms that replaces the HUD Good Faith Estimate (GFE) an
lidiya [134]

Answer:

c. Loan Estimate

Explanation:

The loan estimate has replaced the Good Faith Estimate in 2015. Both documents are given by the mortgage lender to the consumer. The main purpose of the documents is for the customer to compare different offers from different lenders.

The main difference is that the loan estimate form is more comprehensive and understandable for the customers.

4 0
4 years ago
Assume that a 10-year Treasury bond has a 12% annual coupon, while a 15-year T-bond has an 8% annual coupon. Assume also that th
Lady bird [3.3K]

Answer:

A)If interest rates decline, the prices of both bonds will increase, but the 15-year bond would have a larger percentage increase in price.

TRUE

As it has more time to maturity it will have a higher time expose to the rate therefore, will be more volatile against the rate fluctuations

Explanation:

The 10-year ond is issued at premium, above par as the coupon rate 12% is higher than market rate 10%. Each year will decrease the market value to come closer to maturity date.

The 15-year ond is issued at discount, below par as the coupon rate 8% is lower than market rate 10%. Each year will increase the market value to come closer to maturity date.

3 0
3 years ago
Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700.
sleet_krkn [62]

Answer:

Current Ratio=1.93518

Explanation:

Current\ Ratio=\frac{Current\ Assets}{Current\ Liabilities}

Calculating Current Assets:

Current Assets=Total assets-Net fixed assets

Current Assets=$537,800- $412,400

Current Assets=$125,400

Current Liabilities=Total debt- Long-term debt

Current Liabilities=$388,700- $323,900

Current Liabilities=$64,800

Current Ratio=\frac{\$125,400}{\$64,800}

Current Ratio=1.93518

5 0
4 years ago
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,445,000, $149,000 in the common stock account,
Misha Larkins [42]

Answer: $633,500

Explanation:

Cash flow to creditors:

= Interest Paid - (2016, Long term debt - 2015, Long term debt)

= $98,500 - ($1,670,000 - $1,445,000)

= -($126,500)

Cash flow to stockholders:

= Dividend paid - [(2016 common stock account + 2016 additional paid in surplus) - (2015 common stock account + 2015 additional paid in surplus)]

= $154,000 - [($159,000 + $3,040,000) - ($149,000 + $2,740,000)]

= -($156,000)

Therefore,

Cash flow from assets = Cash flow to creditors + Cash flow to stockholders            

                                     =  -($126,500) + (-$156,000)

                                     = -($282,500)

Hence,

Operating cash flow = Cash flow from assets + Capital spending + Change in working capital

                                  = -($282,500) + $1,050,000 + (-$134,000)

                                  = $633,500

5 0
3 years ago
During its first year of operations, Riverbed Corp had these transactions pertaining to its common stock. Jan. 10 Issued 26,300
zalisa [80]

Answer and Explanation:

The journal entries are shown below:

1.

On Jan.10

Cash (26,300 shares × $4) $105,200  

         To Common stock     $105,200

(Being the issuance of the common stock for cash is recorded)

On July 1

Cash (56,500 shares × $7)  $395,500  

        To Common stock (56,500 shares × $4) $226,000

        To Paid-in Capital in Excess of Par Value $169,500

(Being the issuance of the common stock for cash is recorded)

2.

On Jan.10

Cash (26,300 shares × $4)  $105,200  

      To Common stock (26,300 shares × $1)  $26,300

      To Paid-in Capital in Excess of Stated Value $78,900

(Being the issuance of the common stock for cash is recorded)

On July 1

Cash (56,500 shares × $7) $395,500  

        To Common stock  (56,500 shares × $1)  $56,500

        To Paid-in Capital in Excess of Stated Value $339,000

(Being the issuance of the common stock for cash is recorded)

3 0
3 years ago
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