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3 years ago

In a deed, the person or entity conveying the real property interest is more commonly referred to as the:

1 answer:

4 0

In a deed, the person or entity conveying the real property interest is more commonly referred to as the: Grantor.

<h3>Who is the Grantor?</h3>

The grantor in a property deed is the individual who owns the property that is to be sold. He confers the ownership rights of the property to the grantee.

The property that is transferred is referred to as the Grant.

Learn more about grantors here:

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Unearned revenues are generally: Multiple Choice Revenues that have been earned and received in cash. Increases to common stock.

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Answer:

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Explanation:

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3 years ago

Capital budgeting is: the process of finding the cost to start a new project. the process of deciding which project to do to inc

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Answer:

the process of deciding which project to do to increase the firm’s value.

Explanation:

Some of the Capital budgeting methods include:

1. internal rate of return- internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.

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3 years ago

Imagine that an economic recession erodes consumer confidence. As a result, the marginal propensity to consume drops from .8 to

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Answer:

Increased government spending will be less effective for raising the Marginal Propensity to Consume.

Explanation:

The Marginal Propensity to Consume depends on disposable income, and disposable income is the money that individuals have after paying tax.

If the government increases spending, it will also increase taxes to finance spending, and if taxes are higher, people will have less disposable income, and even if their marginal propensity to consume increases, because they now have less money, the will spend less in total.

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3 years ago

Santa Claus is trying to forecast demand for coal this Christmas. For the past 300 years, the numberof naughty children (who wil

Darina [25.2K]

Answer:

The correct answer is B. Trend analysis.

Explanation:

The trend analysis is the method of analysis that consists in observing the behavior of the different items of the Balance Sheet and the Income Statement, to detect some significant changes that may have their origin in administrative errors.

This method allows us to know the direction and speed of the changes that have occurred in the financial situation of the company over time, so it is considered as a method of horizontal analysis.

It helps us to detect failures; but it is only an exploratory method, so it is always necessary to investigate further to find the causes of the failures. It is necessary to determine the changes suffered in the balances of the financial statement items that we are interested in analyzing. The trend analysis allows us to know the financial development of a company.

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3 years ago

- Adele Corp., a wholesaler of music equipment, issued $22,000,000 of 20-year, 7% callable

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Answer:Please see answer in explanation column

Explanation:

The Journal entry is shown below:-

1. To record the issue of bonds payable

Date Account titles and explanation Debit Credit

March 1 20Y1 Cash $22,000,000

To Bonds payable $22,000,000

2.To record Interest on the bonds paid

Date Account titles and explanation Debit Credit

Sept 1 20Y1 Interest expense $770,000

Cash $770,000

Calculation:

Interest = face value of bonds x interest rate x time

=$22,000,000 x 7% x 6/12

=$770,000

3. To record bonds on retirement is recorded

Date Account titles and explanation Debit Credit

Sept 1 2045 Bonds payable $22,000,000

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To Cash $22,440,000

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Cash = $22,000,000 × 102/ 100) = 22,440,000

Loss on retirement of bonds = $22,440,000 - $22,000,000 = $440,000

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3 years ago