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3 years ago

1. What is the name of the man behind black history month? I need a answers plz

Business

1 answer:

Andreas93 [3]3 years ago

7 0

Answer:

Carter G. Woodson

Explanation:

Woodson. Carter G. Woodson was a scholar whose dedication to celebrating the historic contributions of Black people led to the establishment of Black History Month, marked every February since 1976.

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Holiday Company issued its 9%, 25-year mortgage bonds in the principal amount of $3,000,000 on January 2, 2006, at a discount of

elixir [45]

Answer:

A. December 18, 2020

Dr Cash 4,080,000

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

Cr Discount on Bond payable 60,000

Cr Cash 3,120,000

B. The LOSS is reported as an ORDINARY INCOME

Explanation:

A. Preparation of Journal entries

December 18, 2020

Dr Cash 4,080,000

($4,000,000/100)*102

Cr 11% Bond payable (Face value) 4,000,000

Cr Premium on issue of Bond payable 80,000

(4,080,000-4,000,000)

January 2, 2021

Dr 9% Bonds Payable ( Face value) 3,000,000

Dr Loss on redemption of Bond 180,000

[3,00,0000-(3,120,000+60,000)]

Cr Discount on Bond payable 60,000

($150,000/25)*10

Cr Cash 3,120,000

(3,000,000*104%)

B. Indication of the income statement treatment of the gain or loss from redemption.

The LOSS is reported as an ORDINARY INCOME

8 0

3 years ago

Maximum diversification benefit can be achieved if one were to form a portfolio of two stocks whose returns had a correlation co

Arlecino [84]

Answer:

-1.0

Explanation:

Diversification in a portfolio can be regarded as spreading of investments by investors so that risk can be minimized. The correlation coefficient "r" that exist between two securities allows us to know how return that's gotten from one security is related to returns from another security. For instance, it is possible for two securities within same sector to move in the same direction, i.e it is possible to be positively correlated, in this sense when price of one goes up , the other price also goes up this might not be with the same margin.

As regards negative correlation, there is movement of security returns in opposite directions, in this sense there is least relationship between the securities. Hence with r= 1 there is movement of the two stocks in opposite direction hence Maximum diversification.

It should be noted that Maximum diversification benefit can be achieved if one were to form a portfolio of two stocks whose returns had a correlation coefficient of -1.0

3 0

3 years ago

Give two reasons why value of norminal GDP would increase

lisov135 [29]

1. Positive economic growth means that the value of all goods and services produced in the economy increase by an unknown amount

2. growth in the amount of goods and services produced

7 0

3 years ago

The flow chart shows the order in which steps should be executed, and the diamond-shaped boxes indicate ______________. Select o

Paha777 [63]

Answer: The correct answer is "b. conditional tests".

Explanation: The flow chart shows the order in which steps should be executed, and the diamond-shaped boxes indicate conditional tests.

Process maps are used to visually demonstrate all the steps and decisions of a particular process. A process map or flowchart describes the flow of materials and information, presents the tasks associated with a process, shows the decisions that should be taken along the chain and indicates what are the fundamental relationships between the process steps.

Diamonds represent a decision or branching point that may depend on whether or not a condition is met. The lines that represent different decisions arise from different points of the diamond.

6 0

3 years ago

A cost system determines the cost of a cost object by:

solniwko [45]

Answer:

a) Accumulating and then assigning costs

Explanation:

A cost system is a system put in place by management to monitor costs incurred by an entity or cost object. A cost system is a combination of related subsystems which monitors, control and report costs information. In determining the cost of an object a cost system accumulates costs before assigning to cost units.

6 0

3 years ago