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3 years ago

What can you expect when you ask clients for testimonials? A. They'll want to come up with full-blown ideas.

Business

2 answers:

ankoles [38]3 years ago

7 0

A or b hope this helps

Lisa [10]3 years ago

6 0

B. They'll know exactly what you want.

HOPE IT HELPS UH!!☺️☺️

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The following transactions occur for Cardinal Music Academy during the month of October: Provide music lessons to students for $

AleksAgata [21]

Answer:

Explanation:

Provide music lessons to students for 10,500 cash.

Dr Cash 10,500

Cr Sales 10,500

Being cash sales made

Purchase prepaid insurance to protect musical equipment over the next year for $4,000 cash.

Dr Prepaid Insurance account 4,000

Cr Cash 4,000

Being payment for the prepaid insurance

Purchase musical equipment for $17,000 cash.

Dr Equipment (asset) account 17,000

CR Cash 17,000

Being purchase of equipment

Obtain a loan from a bank by signing a note for $39,000.

Dr Cash 39,000

Cr Loan note (liability) 39,000

8 0

3 years ago

Hampton Corporation has a beta of 1.3 and a marginal tax rate of 34%. The expected return on the market is 11% and the risk-free

vekshin1

Answer: 13.1%

Explanation:

Using the Capital Asset Pricing Model, the expected return is;

Expected Return = Risk Free rate + beta(expected return - risk free rate)

= 4% + 1.3( 11% - 4%)

= 4% + 9.1%

Expected Return = 13.1%

7 0

3 years ago

Tool Manufacturing has an expected EBIT of $ 39,000 in perpetuity and a tax rate of 33 percent. The firm has $ 80,000 in outstan

Thepotemich [5.8K]

Answer:

$208,530

Explanation:

The computation of value of levered firm is shown below:-

For computing the value of levered firm first we need to compute the Value of Unleavened firm

Value of unlevered firm = Earning before interest and tax × (1 - tax rate) ÷ Cost unlevered of Capital

= $39,000 × (1 - 33%) ÷ 15%

= $39,000 × 0.67 ÷ 15%

= $39,000 × 4.67

= $182,130

Now, the Value of levered firm = Value of unlevered firm + Outstanding debt × Tax rate

= $182,130 + $80,000 × 33%

= $182,130 + $26,400

= $208,530

3 0

3 years ago

When you are in a conflict with another person, it is important to remember:

Galina-37 [17]

C. that you also helped create the conflict

6 0

3 years ago

On January 1, 2018, Surreal Manufacturing issued 600 bonds, each with a face value of $1,000, a stated interest rate of 3 percen

Hoochie [10]

Answer:

Period Bonds Interest Cash Increase in Bonds payable

Payable Expenses Paid Bonds payable at the end

2018 583352 23334.08 18000 5334.08 588686.1

2019 588686.1 23547.44 18000 5547.44 594233.5

2020 594233.5 23766.48 18000 5766.48 600000

Journal entries

Jan 01 2018

Cash account Dr $583352

Discount on Bonds Payable Dr $16648

Bonds payable Cr $600000

Dec 31 2018

Interest expense Dr $23334.08

Cash account Cr $18000

Discount on bonds Payable Cr $5334.08

Dec 31 2019

Interest expense Dr $23547.44

Cash account Cr $18000

Discount on bonds Payable Cr $5547.44

Dec 31 2020

Interest expense Dr 23766.48

Cash account Cr $18000

Discount on bonds Payable Cr $5766.48

Dec 31 2020

Bonds Payable Dr $600000

Cash account Cr $600000

01.01.2020 (Redemption at 101)

Bonds Payable Dr $600000

Loss on redemption of bonds Dr $11766.48

Cash account (600000*101%) Cr $606000

Discount on bonds payable Cr $5766.48

8 0

3 years ago