Answer:
Dr Loss on Impairment $15,520.00
Cr Maturity Debt Securities $15,520.00
Explanation:
Preparation of the journal entry to record the impairment.
Journal entry
Sep. 30
Dr Loss on Impairment $15,520.00
Cr Maturity Debt Securities $15,520.00
($38,500-$22,980=$15,520)
(To record the impairment)
Answer:
A) Consider sending a printed message.
Explanation:
According to the scenario, the most sensible step to get an important response from a supplier after the supplier has not responded would be to send a printed message.
This option would be ideal among the other alternatives above, as it demonstrates that you understand that the supplier may not have seen or been aware of your question, even if numerous e-mails have already been sent, and still awaits an answer , in accordance with professional and ethical communication standards.
Answer:
The correct answer is Sin tax.
Explanation:
A sin tax is a state-sponsored tax that is added to products or services that are considered vices, such as alcohol, tobacco and gambling. These types of taxes are collected by governments to deter individuals from participating in such activities without making the use of the products illegal. These taxes also constitute a source of revenue for the government.
Answer:
The Correct answer would be, When Days will be greater than 5
Explanation:
There are two companies who give cars on rent.
Thrift rents a car for $33 per day
i-e
T=$33D
General rents the car for $20
i-e
G=$20D
and general charges an initial fee of $65
So
G=$20 + $65
So according to question, for how many days it would be cheaper to rent from General.
So when charges by general are less than charges by thrift, as shown below:
65+20D < 33D
65 < 33D-20D
65 < 13D
D > 5
So the answer would be 5 Days.
Answer: $75
Explanation:
Using the Gordon Growth Model:
Price of stock = Next year dividend / (Required return - growth rate)
Growth rate is 0% as dividend does not change per year.
Price of stock = 6 / 8%
= $75
