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3 years ago

A company issues a 5-year bond with a $7,500 discount. Using straight-line amortization, the company should:

Business

1 answer:

Marina CMI [18]3 years ago

7 0

Answer:

B) credit discount bonds with payable $1,500 per year.

Explanation:

A company issues a 5-year bond with a $7,500 discount. Using straight-line amortization, the company should: -credit interest payable $1,500 per year.

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Which benefit is shared by both Monopolies and Oligopolies?

fomenos

Answer:

C. They have Access to enough capital to operate in high-cost industries.

Explanation:

Both monopolies and oligopolies have some common traits, and one of the most important ones is that they all have a large market power. Their power comes from high entry barriers to the industries in which operate in. Generally these industries are high-cost industries, e.g. it costs billions to build the electric grid of a large city. These high entry barriers decrease or virtually eliminate the possibility of competition.

5 0

4 years ago

A company’s normal selling price for its product is $27 per unit. However, due to market competition, the selling price has fall

schepotkina [342]

Answer:

The correct answer is $2,600.

Explanation:

According to the scenario, the given data are as follows:

Selling price = $27

After competition, Selling price = $22

Inventory consist = 130 units

Net realizable value = $20

So, we can calculate the value of this inventory by using following formula:

lower of the cost = $20

So, Value of this inventory = Inventory units × $20

= 130 × $20

= $2,600 units

8 0

3 years ago

Alliance Company's budgets production of 39,000 units in January and 43,000 units in the February. Each finished unit requires 4

Ket [755]

Answer:

The correct answer is 160,800 pounds.

Explanation:

According to the scenario, the computation of the given data are as follows:

Budget production in Jan = 39,000 units

Raw material per unit = 4 pounds

So, total raw material needed = 39,000 × 4 pounds = 156,000 pounds

Beginning inventory = 46,800 pounds

Ending inventory = (43,000 × 4 pounds ) × 30% = 51,600 pounds

So, Budgeted material needed = Total raw material + Ending inventory - Beginning inventory

= 156,000 + 51,600 - 46,800

= 160,800 pounds

8 0

4 years ago

The following partially completed T-accounts summarize transactions for Farwest Corporation during the year: Raw Materials Beg B

masya89 [10]

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5 0

3 years ago

At April 30, Marigold Corp. has the following bank information: Cash balance per bank $5400 Outstanding checks $330 Deposits in

aivan3 [116]

Answer:

$5,720

Explanation:

Calculation to determine What is Marigold adjusted cash balance on April 30

MARIGOLD CORP Adjusted cash balance on April 30

Cash balance per bank $5400

Less:Outstanding checks ($330)

Add: Deposit in transit $650

Adjusted cash balance. $5720

($5400-$330+$650)

Therefore Marigold adjusted cash balance on April 30 is $5,720

7 0

3 years ago