Answer: A debit to Long-Term Investments-HTM $300,000
Explanation:
A journal entry is the act of making records of the transactions that takes place and such transactions typically shows the debit and credit balance of the company.
From the question, we are informed that Landmark Corp. buys $300,000 of Schroeter Company's 8% five-year bonds payable at par value on September 1. Interest payments are made semiannually and that Landmark plans to hold the bonds for the five year life.
The journal entry to record the purchase should include a debit to Long-Term Investments-HTM $300,000.
The classic anthropological definition of culture is ---“that complex whole which includes knowledge, belief, art, law, morals, custom, and any other capabilities and habits acquired by man as a member of society”
What is the meaning of complex whole?
Whenever a relation holds between two or more terms, it unites the terms into a complex whole. Literature. The food industry as a complex whole requires an incredibly wide range of skills. If Othello loves Desdemona, there is such a complex whole as 'Othello's love for Desdemona'.
What is a complex culture?
a group of culture traits all interrelated and dominated by one essential trait: Nationalism is a culture complex.
How do you define culture and society?
A culture represents the beliefs and practices of a group, while society represents the people who share those beliefs and practices. Neither society nor culture could exist without the other.
Learn more about complex culture:
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Answer:
160,000 units
Explanation:
Step 1 : Determine the Sales Mix
Bramble : Standard
60000 : 40000
3 : 2
Step 2 : Determine the Overall Break even Point
Break even Point = Fixed Cost ÷ Contribution per unit
= $2400000 ÷ $30
= 80,000
Step 3 : Determine break-even point for Standards
Standards Break even point = 80,000 x 2
= 160,000 units
Thus,
Bramble Corp would sell 160,000 units of Standards at the break-even point
Based on the uses of a general journal, the best explanation of it is A journal is a complete record of each transaction in one place and includes the debit and credit of each transaction.
<h3>What is a general journal?</h3>
A general journal in a business allows for all the account balances to be recorded in one journal.
This means that it is a complete record of all the transactions that a business has been involved in which includes all the debits and credits associated with those transactions.
In conclusion, option D is correct.
Find out more on general journals at brainly.com/question/5374416.
Answer:
14.35%
Explanation:
In this given case, Risk free return will be yield on bond = 10.50%
Risk Premium given = 3.85%
But beta of company is not given, and market beta also not given, hence we can not calculate beta.
we can assume beta of company is 1, then-
Cost of equity can be calculated as:
= Risk free return + [Beta × Risk Premium]
= 10.50% + [1 × 3.85%]
= 10.50% + 3.85%
= 14.35%
Note:
Retained earning also not given so that we calculate based of retained earning.
