Answer:
$7,500,000 in 8% bonds, 5 years to maturity, semiannual coupon ($300,000)
sold at premium for $7,740,000
the journal entry to record the issuance should be:
Dr Cash 7,740,000
Cr Bonds payable 7,500,000
Cr Bond premium 240,000
<u>Using the straight line amortization:</u>
amortization per coupon payment = $240,000 / 10 coupons = $24,000
Dr Interest expense 276,000
Dr Bond premium 24,000
Cr Cash 300,000
Answer:
The correct answer is option D.
Explanation:
NDP or net domestic product is calculated by deducting depreciation from GDP or gross domestic product.
Gross domestic product is the measure of final goods and services produced in an economy in a given time period, generally a year.
Gross domestic product will be the sum of consumption, investment, government expenditure and net exports.
NDP
=GDP-Depreciation
=$(16-1)
=$15 trillion
So, NDP is $15 trillion.
The type of business plan that is primarily used by the owner and other employees to organize the structure, finances, and future growth plans is the lean business plan.
<h3>
</h3><h3>What is a lean business plan?</h3>
Corresponds to a document where the essential characteristics are laid out for a business to be well positioned and competitive in the market. It contains the strategy, tactics and execution so that the objectives and goals are achieved in the medium and long term.
It is essential that organizations develop a lean business plan that is targeted to their needs and aligned with their market demands.
Therefore, the lean business plan assists in the continuous management to achieve quality, structure and effective systematization of processes.
Find out more about lean business plan here:
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Answer:
The existence of the secondary market makes their stock more liquid and the price in the secondary market sets the price that the corporation would receive if they choose to sell more stock in the primary market.
Explanation:
Answer:
True
Explanation:
Attribute refers to a trait or quality in general which distinguishes objects and things from one another.
In context of marketing, an attribute conveys a product feature which is regarded to be appealing to the buyers and provides utility. It represents quality and characteristics or product traits which distinguish one product from another in the marketplace.
Such unique traits could be w.r.t varying color, size, features, different functions which could act as determinants w.r.t a consumer's acceptance of such a product.
Product attributes are capable of universally inducing and evoking consumer behavior in their purchase decisions and also drawing repetitive purchases from such consumers.
