The correct statement in this scenario is D) If the yield to maturity remains at 8% then the bond's price will remain constant over the next year.
When a bond trades at a premium it means its price is higher than its face value. In this case the bond pays an annual coupon & its yield to maturity (YTM) is 8% which is lower than the coupon rate.
The premium price suggests that investors are willing to pay more for the bond to capture the higher coupon payments.
The current yield is calculated by dividing the annual coupon payment by the bond's current market price. Since the bond is trading at a premium the current yield would be lower than the YTM of 8%.
If the yield to maturity remains at 8% the bond's price will stay constant over the next year because the coupon payments & the face value payment at maturity are fixed. The premium price is already factoring in the higher coupon payments so the bond's price would not decline.
Therefore the correct statement is that if the yield to maturity remains at 8% the bond's price will remain constant over the next year.
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Complete Question:-
A 10-year bond pays an annual coupon, its YTM is 8%, and it currently trades at a premium. Which of the following statements is CORRECT?
A) The bond's current yield is less than 8%.
B) If the yield to maturity remains at 8%, then the bond's price will decline over the next year.
C) The bond's coupon rate is less than 8%. If the yield to maturity increases, then the bond's price will increase.
D) If the yield to maturity remains at 8%, then the bond's price will remain constant over the next year.
What is the best way to safeguard your valuable item against damage?.
Valuable items, whether they are sentimental or have monetary value, require protection to ensure they are not damaged. Accidents can happen at any time and ruin an item's quality or destroy it altogether.
Here are some ways you can safeguard your valuables against damage:1. Invest in a safe: A safe is one of the best ways to keep your valuables secure. Purchase a fireproof, waterproof safe that is difficult to pick or break into. Safes can protect your items from theft, fire, water damage, and other natural disasters.2. Use bubble wrap and foam: When packing your valuables, use bubble wrap or foam padding to protect them from impact and scratches. This type of cushioning will keep your valuables in place and absorb any shock that might occur.3. Keep items in a dry place: Keep items in a dry area where humidity is low. Moisture can cause mold and mildew to develop on your items, which can lead to damage. Moisture can also cause items to rust, which can affect their integrity.
4. Hire a professional mover: When moving your valuables, consider hiring a professional mover. Professional movers have the right equipment, techniques, and experience to move your items safely and securely. They will also have insurance to cover any damage that may occur during the move.5. Insure your valuables: Finally, consider insuring your valuables. Insurance will cover your items if they are damaged, lost, or stolen. Make sure to have your items appraised to determine their value and choose the appropriate insurance policy to cover them. By following these tips, you can safeguard your valuables against damage and ensure they remain in good condition.
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Are you going to get Paramount plus?
Yes, every CBS All Access subscriber will be automatically transitioned to Paramount+. An automatic update should upgrade the CBS All Access app to the new Paramount+ app early Thursday, but if that hasn’t happened, you can run a manual update on your device.
Use the following compound interest formula to complete the problem. A = P (1 StartFraction r over n EndFraction) superscript n superscript t Rodney owes $1,541. 05 on his credit card. His card has an APR of 16. 29%, compounded monthly. Assuming that he makes no payments and no purchases, how much will he owe after one year? a. $1,561. 97 b. $1,811. 70 c. $1,792. 09 d. $1,541. 5.
The sum that Rodney owes after 1 year is $1811.70. This means that he has to pay $1811.70 to the credit card provider after 1 year.
The formula to calculate the sum due after a specified period when the interest is compounded monthly is:
\(\rm A = P( 1 + \dfrac{r}{n})^{nt}\) , where A is the amount after compounding, P is the principal, r is the rate of interest, n is number of months and t is the tenure.
How to calculate amount due?Given:
Principal(P) is $1,541.05
Annual percentage rate(APR/r) is 16.29%
Compounding is done monthly for 1 year. Therefore,
n is 12 and t is 1.
On substituting the values in the formula:
\(\rm A = P( 1 + \dfrac{r}{n})^{nt}\\ \\ A=1541.05(1+\dfrac{0.1629}{12})^{12(1)}\\ \\ A&=1541.05(1.013575)^{12}\\ \\ A=1541.05(1.17556)\\ \\ A=\$1811.70\)
Therefore the amount Rodney owe after 1 year is $1811.05.
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Do I have any college students on here willing to help me with a project? It's for my personal finance class. I'm in college but I'm a high schooler. I have to make a report on what the average college student spends. I will not be asking for bank card/account info or anything of that sort. No social security numbers or phone numbers. If you'd be willing to help me out thanks!!
Explanation: I'm a VERY smart 7th grader. : )
Answer:
i'm not in college but i can help you if you need help
Explanation:
According to the demand-pull theory, inflation is caused by:
Answer:
Understanding Demand-Pull Inflation
Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.
Explanation:
hope it helps you
if a country imposes a quota to protect a domestic industry, which of the following is true? multiple choice 4 the gains to domestic producers and the government will exceed the losses to consumers. the government will usually gain from a quota. total surplus depends on how quota rents are assigned.
The gains to domestic producers and the government will exceed the losses to consumers. This is because a quota limits the quantity of imported goods, which can drive up the price of those goods.
Domestic producers can therefore charge higher prices and earn more profits because they face less competition from imports. The government may also benefit from the quota because it can collect revenue from importing firms that are granted licenses to import goods up to the quota limit.
However, consumers may have to pay higher prices for the limited imported goods, which can lead to a loss of consumer surplus. The overall effect on total surplus depends on how the quota rents (i.e., the additional profits reaped by domestic firms) are distributed among producers, consumers, and the government.
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In the accounting equation, assets are equal to which two things?
A. Debits + equity
B. Debits + accounts
C. Liabilities + equity
D. Liabilities + accounts
Please select the best answer from the choices provided
A
B.
OOOO
С
D
Answer:
C. Liabilities + equity
Explanation:
Edg 2021 ...
Two firms are developing a product for a market of fixed size. The longer the firm spends on the development, the better the product is. But the firm releasing the product first has an advantage: a customer may not switch to a better product once got used to a worse one. We model the situation in the following way. A firm that releases first at time t gets h(t) share of the market, leaving the remainder to the competitor. We assume that h(t) is an increasing function of t with h(0) = 0 and h(T) = 1. If the firms release simultaneously, each gets half of the market. Represent this situation as a strategic game and find its Nash equilibria.
The Nash equilibrium of the strategic game is for both firms to release simultaneously at the start of the time period, with each firm obtaining a market share of 0.5.
To represent the situation as a strategic game, we can define the following:
Players: Two firms, Firm 1 and Firm 2.
Actions: Each firm chooses a release time, t, within a given time period.
Payoffs: The market share each firm obtains based on their release time.
Assumptions:
The longer a firm spends on development, the better the product and the higher the market share it obtains.
The firm that releases first has an advantage, as customers may not switch to a better product once they are used to a worse one.
The market size is fixed.
Now, let's define the payoffs for each firm:
Firm 1's Payoff:
If Firm 1 releases at time t and Firm 2 releases simultaneously or later, Firm 1's market share is h(t), and Firm 2's market share is 1 - h(t).
Firm 2's Payoff:
If Firm 2 releases at time t and Firm 1 releases simultaneously or later, Firm 2's market share is h(t), and Firm 1's market share is 1 - h(t).
If both firms release simultaneously, they each get half of the market, so their market shares are 0.5.
To find the Nash equilibria of this strategic game, we need to identify the release times for each firm that maximize their payoffs given the actions of the other firm.
Since h(t) is an increasing function of t, each firm would prefer to release earlier to maximize its market share. However, if one firm releases earlier than the other, it gains an advantage, so there is an incentive for both firms to release as early as possible.
Therefore, the Nash equilibrium of this strategic game is for both firms to release simultaneously at the beginning of the time period, where they each receive a market share of 0.5. This is the only stable outcome where neither firm has an incentive to deviate from their chosen action.
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How are SI units supportive to traders?
Some common SI units
Mass=KgTemperature=KLuminous intensity=CandelaCurrent=AmperePressure=Pawhat is the significance of price elasticity of demand to a producer
Answer:
See the explanation below
Explanation:
Significance of price elasticity of producers:
useful in pricing decisionswhen demand is elastic, firms have to reduce their price to earn more revenuewhen demand is inelastic firms need to raise prices to earn more revenuea) The International Accounting standards Board (IASB)’s IFRS 15) ( Revenue from Contracts with Customers) guides on how on return basis should be recognized. Explain the (IASB)’s guidance on how goods sold on return basis should be return should be recognized in the books of the selling company.
b) Pearson Publishing Co. publishes textbooks that are sold to bookstores on the following terms. Each title has a fixed wholesale price, terms free on board shipping point, and payment is due 60 days after shipment. The retailer may return a maximum of 30% of an order at the retailer's expense within a payment period of 60 days after which no returns are allowed. Sales are made only to retailers who have good credit ratings. Past experience indicates that the normal return rate is 12%. The costs of recovery are expected to be immaterial, and the textbooks are expected to be resold at a profit. On November 1, 2019, Pearson shipped books invoiced at K25, 500,000 (cost K20, 400,000) to Book World Zambia. Pearson year end is December 31, 2019.
Required i) Explain at what point Pearson will recognize the revenue from Book World Zambia
ii) Prepare the journal entry to record Pearson’s sales transaction to Book World Zambia on November 1
c) On July 1, 2019 KCM sells idle machinery to Mopani , for K600,000. KCM agrees to repurchase this equipment from Mopani on June 30, 2020, for a price of K636,,000 (an imputed interest rate of 6%).
Required:
i)Explain the (IASB)’s guidance on how KCM should account for this sale to Mopani
ii) Prepare the journal entry to record KCM’s sales transaction to Mopani
a) The IASB's guidance on recognizing revenue from goods sold on a return basis requires the selling company to use the expected value method. Revenue should be recognized only to the extent that it is probable that a significant reversal in the amount of revenue recognized will not occur when the uncertainty about the return is resolved.
b) Pearson will recognize the revenue from Book World Zambia at the point when the control over the books is transferred to the customer, which is typically when the books are shipped or delivered. This is in accordance with the IFRS 15 principle of recognizing revenue when the customer obtains control of the goods.
a) When goods are sold on a return basis, the IASB's IFRS 15 requires the selling company to apply the expected value method. This means that revenue should be recognized based on the expected value of consideration to be received, taking into account the probability of returns. In the case of goods sold on a return basis, revenue should only be recognized to the extent that it is probable that a significant reversal in the amount of revenue recognized will not occur when the uncertainty about the return is resolved. This ensures that revenue is recognized in a way that reflects the seller's performance and the customer's obligations.
b) Pearson will recognize the revenue from the sale to Book World Zambia at the point when control over the books is transferred to the customer. In this case, since the terms are free on board (FOB) shipping point, the control is typically transferred when the books are shipped. Therefore, Pearson should recognize the revenue on November 1, 2019, when the books are shipped to Book World Zambia. The amount recognized will be the invoiced amount of K25,500,000.
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outline 2 reasons for completing assigned tasks daily
In summary, it is important to complete your tasks because it helps you feel better, helps you identify what you should be working on and together that means you complete more tasks.
Macroeconomics is the branch of economics that focuses on:
A. comparing the lifestyles of poor and wealthy citizens.
B. economic principles affecting entire countries.
C. helping people find jobs when they're unemployed.
D. financial problems affecting individual families.
Answer:
B. economic principles affecting entire countries.
Explanation:
Macroeconomics is the part of economic studies that studies the economy of a country as a whole. In this branch of economics, the aggregate income, growth, expenditure and inflation are considered. The performance of the entire economy is measured under macroeconomics. National income, Gross domestic product, inflation and unemployment fall under the macroeconomic studies.
Answer:
economic principles affecting entire countries
Explanation:
i took the test
What can give working people information about their fields, including conferences and leadership opportunities in those fields?
an extracurricular activity
a career and technical student organization
a professional organization
a cocurricular activity
Answer:
a professional organization
Explanation:
A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.
A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.
Answer:
C
Explanation:
What does the phrase "like animals escaped from their caves" imply about the sun's impact on the children?
which of the following is an example of a barrier to entry? a. roseanne obtains a copyright for a short story that she wrote and published. b. crystal charges a higher price than her competitors for her hair-styling services. c. dan charges a lower price than his competitors for his dry-walling services. d. jackie offers free samples of her loose-meat sandwiches to attract new customers.
For a short story she authored and published, Roseanne gets a copyright.
Which of the following is an example of a barrier to entry?
The correct answer is: a. Roseanne obtains a copyright for a short story that she wrote and published.
A barrier to entry refers to factors that make it difficult for new competitors to enter a market. In this case, the copyright that Roseanne obtained creates a legal barrier that prevents competitors from using her short story, thus making it more challenging for them to enter the market with similar content. The other options do not illustrate barriers to entry, as they involve pricing strategies and marketing techniques.
The five marketing pillars—Product, Price, Promotion, Place, and People—serve as a framework to direct marketing initiatives and maintain marketers' attention on the important issues.
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Benjamin tells James at a company meeting that James has an unimportant job and still can't do it correctly. Benjamin is being ______. A. Communicative b. Intrepid c. Arrogant d. Humorous Please select the best answer from the choices provided A B C D
Answer:
C. Arrogant
Explanation:
May I have brainliest please? :)
Benjamin is being arrogant in nature when he told about James's job being less important and also that he doesn't do it correctly.
Option C is the correct answer.
What is arrogance?Arrogance is a characteristic of a person who feels to be the most superior one and treats their subordinates as inferior ones. It is a kind of having egoism in oneself.
In the given statement, Benjamin talks negatively about the job of his employee, James right in front of the company's meeting. He says to him that his job is not so important and also states that his incapability for the concerned job. These statements portray the arrogant nature of Benjamin.
Being the employer, he must support his employee in the company's meetings even if his employee is doing any mistakes. He can personally guide him about his weaknesses rather than disgracing him in the meeting.
Therefore, the provided statement shows his arrogant behavior of Benjamin toward his employee James.
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Discuss the role of the father in attachment theory
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
When the business cycle or economic activity is declining, the economy is said to be in....?
A
the trough
B
contraction
C
expansion
D
recovery
contraction is to decline the answer is B
How did Ray conduct marketing-information management?
Examples of productivity in economics.
Answer:
The value of output obtained with one unit of input is referred to as economic productivity. For example, if a worker produces two units at a cost of ten dollars each in an hour, his productivity is twenty dollars. :))))
Continue with the question. Please calculate the margin of safety (at current sales volume of 100 units) for this business Margin of Salety = \% %. Based on the margin of safety computed, will you start making a loss if sales drop by 30% ? (Enter "Y" or Yes or "N" or No.) Youf answer is The operating leverage (at current sales volume of 100 units) is Wo (Round to one decimal, for example, 21.4) If fixed costs increase, will it increase or decrease the operating risk? (Enter "l" or increase or "D" dNecrease) Your answer is
The break-even point is 433 units, the margin of safety is -333%, Operating Leverage is 1.4 and If fixed costs increase, it will increase the operating risk.
The current sales volume is 100 units, we can substitute this value into the revenue equation:
Revenue = $15 * Quantity + $7,000
Revenue = $15 * 100 + $7,000
Revenue = $1,500 + $7,000
Revenue = $8,500
To calculate the break-even point, we set the profit to zero in the CVP relation:
0 = (Revenue - $15 * Quantity) - $2,000
Solving for the quantity:
Revenue - $15 * Quantity = $2,000
$8,500 - $15 * Quantity = $2,000
$15 * Quantity = $8,500 - $2,000
$15 * Quantity = $6,500
Quantity = $6,500 / $15
Quantity = 433.33 (rounded to the nearest whole number)
Therefore, the break-even point is approximately 433 units.
Now we can calculate the margin of safety:
Margin of Safety = (Current Sales - Break-even Sales) / Current Sales * 100
Margin of Safety = (100 - 433) / 100 * 100
Margin of Safety = -333 / 100 * 100
Margin of Safety = -333%
The margin of safety is -333%, indicating that the current sales volume is below the break-even point. This means the business is currently operating at a loss.
If sales drop by 30%, the new sales volume would be 70 units (70% of 100 units). In this case, the business would still be operating below the break-even point, resulting in a loss.
The operating leverage at the current sales volume of 100 units is calculated as follows:
Operating Leverage = Contribution Margin / Operating Income
Contribution Margin = Revenue - Total Variable Costs
Contribution Margin = $8,500 - ($15 * 100)
Contribution Margin = $8,500 - $1,500
Contribution Margin = $7,000
Operating Income = Revenue - Total Variable Costs - Total Fixed Costs
Operating Income = $8,500 - ($15 * 100) - $2,000
Operating Income = $8,500 - $1,500 - $2,000
Operating Income = $5,000
Operating Leverage = $7,000 / $5,000
Operating Leverage ≈ 1.4
If fixed costs increase, it will increase the operating risk.
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What are ethics ? In business
Answer: Business ethics are policies that guide the behavior of corporate entities, especially regarding controversial subjects.
Business ethics protect companies from legal liability and ensure that they treat their customers and team members with respect.
Corporate ethics codes often include subjects like social responsibility, insider trading, discrimination, corporate governance and bribery.
Explanation:
Prince Albert Canning PLC had a net loss of 32,415 on sales of 515,380. What was the company's profit margin? In dollars, sales were $689,785. What was the net loss in dollars?
a. The company's profit margin was -6.28%.
b. The net loss in dollars was -$44,062.60.
a. The company's profit margin is determined by dividing net loss by revenue. Sales were £515,380 with a net loss of £32,415 on them.
To get the percentage, we divide 32,415 by 515,380 and multiply by 100. This calculation yields a result of -6.28%, indicating a net loss for the business.
b. The pound sterling must be changed into US dollars in order to determine the net loss in dollars. The value of a pound sterling is 1.35 dollars.
To convert 32,415 pounds to US dollars, multiply that amount by 1.35. This calculation yields a result of $44,062.60, indicating that the business had a net loss of $44,062.60.
Complete Question:
Prince Albert Canning PLC had a net loss of £32,415 on sales of £515,380.
a. What was the company's profit margin? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. In dollars, sales were $689,785. What was the net loss in dollars? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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In order to reduce the possibility that a technological paradigm shift will render your skills obsolete, you should
a. Encourage others to keep their skill sets current
b. Try to keep your company from adopting new technology
C. Keep tabs on the newest technical advances
d. Adopt a technology proof career, like carpentry
Answer:
a. Encourage others to keep their skill sets current
b. Try to keep your company from adopting new technology
Explanation:
Continuous updating and upgrading one's skills is a sure way of remaining relevant in a rapidly changing work environment. Many organizations are always seeking ways of modernizing their work processes. As companies adopt technology to enjoy increased efficiency, workers without matching skills are declared redundant.
Continuous training and learning are necessary to reduce the possibility of one's skill being declared obsolete. To survive in the new technology era, a worker and his colleagues can embrace and learn to work with new technology or work hard to prevent their company from acquiring it.
Answer:
c.
Keep tabs on the newest technical advances
Explanation: CORRECT ON EDGE 2021
On July 1, 2023, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $4,300,000. The county estimated that 3 percent of the taxes levied would be uncollectible. As of April 30, 2024, the due date for all property taxes, the county had collected $3,995,000 in taxes. During the current fiscal year, the county collected $53,500 in delinquent taxes and $4,900 in interest and penalties on the delinquent taxes. The county imposed penalties and interest in the amount of $14,600 but only expects to collect $12,850 of that amount. At the end of the fiscal year (June 30, 2024), uncollected taxes, interest, and penalties are reclassified. They are not expected to be collected within the first 60 days for the following fiscal year.RequiredRecord entries for the above transactions as stated in the individual statements below, and post corresponding information into the Revenues ledger as appropriate.Prepare journal entries to record the tax levy on July 1, 2023, in the General Fund. (Ignore all entries in the governmental activities journal.)Prepare a summary journal entry to record the collection of current taxes as of April 30.Prepare a summary journal entry to record the collection of delinquent taxes, interest, and penalties. (You may assume that these amounts had been designated as Deferred Inflows of Resources.)Prepare the journal entry necessary to reclassify the uncollected tax amounts as delinquent. Assume these taxes are not expected to be collected within 60 days of year-end.Prepare the journal entry necessary to record interest and penalties if they are not expected to be collected soon after year-end.
Dr. Property Tax Receivable - Current $4,300,000.00. Cr. is the journal entry to reflect the tax levy on July 1, 2023. Current Taxes Estimated Uncollectible at $129,000. Cr. Property taxes brought in $4,171,000 in revenue.
What occurs when Florida property taxes are past due?All real estate taxes must be paid by March 31 each year under Florida law. The statute mandates that Tax Collectors hold an auction and sell "tax certificates" by June 1 if the taxes are not paid.
How much can Washington State's property taxes rise?Furthermore, in Washington State, unless voters approve a higher increase, the amount of revenue taxing districts, such as cities, school districts, and fire districts, for example, can collect each year is only allowed to increase by 1%.
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Scenario: NewTel, Inc.
NewTel is a telephone company with a policy of filling positions internally, through promotions, rather than hiring from outside. Until recently, the company had a strong engineering focus and tended to promote people into senior executive positions from the engineering areas. Consequently, almost all of the company’s 14 senior executives joined the company over 20 years ago in junior engineering positions. There is increasing pressure on NewTel to become more marketing and service-oriented. As a result, four people were hired last year from consumer products and retail firms to fill new senior executive positions in marketing and service management. The external hires were necessary because current employees were not sufficiently qualified. Now there are signs of tension among senior executives, particularly during budget deliberations where there is limited discretionary spending on new corporate activities. The four new hires have been frustrated in their attempts to have the company put more money into marketing and customer services instead of technology investment. The conflict episodes are viewed by both sides as personal attacks rather than attempts to resolve the problem.
The four new hires’ attempt to have the company put more money into marketing and customer services instead of technology investment. This is mainly an example of conflict due to:
A. role ambiguity.
B. lack of communication.
C. sequential task interdependence.
D. overt behaviors.
E. goal incompatibility.
Answer:
E. goal incompatibility.
Explanation:
Analyzing the scenario above, it is possible to see that the cause of the conflict is due to incompatibility of goals, that is, there are different objectives and goals between the teams and organizational departments, which causes a lack of consensus that culminates in the conflict.
This is a negative situation for the company, which is a set of systems that must operate in favor of the same objectives and goals. in order to listen to all the parties involved, and then start from a principle where everyone feels heard and integrated in the development of organizational goals, creating an environment of trust and positive relationship in the company.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
A company issues $100,000 of 5%, 10-year bonds dated january 1. The bonds pay interest semiannually on june 30 and december 31 each year. If the bonds are sold at par value, the issuer records the sale with a debit to.
In a situation were the bonds are sold at par value, the issuer will records the sale with a debit to: Cash $100,000.
Journal entryBased on the information given if the company issues the amount of $100,000 of 5%, 10-year bonds in the month of january the appropriate journal entry to record this transaction is:
Debit Cash $100,000
Credit Bond payable $100,000
(To record bonds sold at par value)
Inconclusion the issuer will records the sale with a debit to: Cash $100,000.
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An advantage of work sampling is that: Select one: a. no observation is required. b. a performance rating is necessary. c. the time spent observing the employee is relatively short. d. it involves the study of the equipment only. e. it is more effective than time studies when task times are short
An advantage of work-sampling is that the time spent observing the employee is relatively short.
Work sampling is a technique used to estimate the proportion of time a worker spends on various tasks or activities without requiring continuous observation. Instead of observing the worker continuously, work sampling involves taking intermittent samples of the worker's activities over a period of time.
One of the advantages of work sampling is that it requires relatively short observation periods compared to continuous observation methods. Instead of monitoring the worker's activities for the entire duration, work sampling allows for periodic sampling, which reduces the amount of time required for observation.
The advantage of work sampling is that it allows for relatively short observation periods. This makes it a practical and efficient method for estimating the proportion of time workers spend on various tasks or activities without the need for continuous observation.
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