Answers
Answer:
A Business Overhead Expense policy is designed to cover certain overhead expenses (rent, taxes, utility bills, employee's salaries, etc) that continue when the business owner is disabled.
Related Questions
An employee from another department will join your team next week. She requested the transfer because she felt her work was becoming predictable and monotonous. Her performance reports show she has made good contributions to programming projects but needs to improve her presentation skills.
Answers
It appears that next week, an employee from another department will be joining your team.
She requested the transfer due to feeling that her previous work was becoming predictable and monotonous. According to her performance reports, she has made valuable contributions to programming projects, demonstrating her strong technical abilities.
However, an area where she could improve is her presentation skills. As she transitions to your team, it would be beneficial to provide her with opportunities to engage in diverse tasks and challenges, ensuring she stays motivated and experiences professional growth.
Additionally, offering resources and training in presentation skills can help her strengthen this aspect of her work. By doing so, she will not only become a more well-rounded team member but will also contribute effectively to the overall success of your team. Remember to welcome her warmly and provide any necessary support during this transition period.
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[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1
Answers
A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.
The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.
A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.
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How much leverage (debt as a percentage of the total project cost) would you be able to arrange given what you know about underwriting metrics? Can express this as an LTV, LTC, DSCR, or DY. Is this a definite amount or is there room for negotiation?
Answers
Leverage, which refers to the amount of debt used to finance a project relative to the total project cost, is typically expressed as a percentage.
Underwriting metrics are used by lenders to assess the creditworthiness of a borrower and the risk of a project. These metrics typically include loan-to-value (LTV), loan-to-cost (LTC), debt service coverage ratio (DSCR), and debt yield (DY).
LTV is the ratio of the loan amount to the appraised value of the property or asset being financed. LTC is the ratio of the loan amount to the total cost of the project. DSCR is the ratio of the property's net operating income to its debt service. DY is the property's net operating income divided by the loan amount.
The maximum amount of leverage that can be arranged may depend on the lender's underwriting criteria and risk appetite. In general, a higher LTV or LTC ratio means a higher level of risk for the lender, and therefore, a higher interest rate may be charged to compensate for the increased risk. Similarly, a higher DSCR or DY indicates that the property is generating sufficient income to service its debt, which may increase the lender's confidence in the borrower's ability to repay the loan and result in more favorable lending terms.
There may be some room for negotiation in terms of leverage and underwriting metrics, depending on the lender's policies and the borrower's creditworthiness and negotiating power.
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Which of the following describes the evaluation stage of the creative process?
generating alternative solutions and taking a break
defining the problem by looking for new angles and gathering others' opinions, feelings
and ideas
O allowing your subconscious to work on the problem and gaining new insight into the
solution
assessing the solution to make sure the idea is practicality
Answers
The correct option is D. Assessing the solution to make sure the idea is practical and best describes the evaluation stage of the creative process.
What is Evaluation?
Evaluation is the fourth stage out of five stages of a creative process during this stage validate your idea and weigh it against the alternative.
Thus, the validation of your idea and weighing it among the alternatives best describe an Evaluation.
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Which of the following shows the correct order in which organs take part in the process of digestion? (5 points) Esophagus, mouth, stomach Mouth, esophagus, stomach Mouth, stomach, esophagus Stomach, mouth, esophagus
Answers
Answer:
Mouth, esophagus, stomach
Explanation:
Identify specific problems with advertising to children experienced in South
Africa. Find specific advertisements and explain how you feel it can be seen
as unethical in our South African context.
Answers
by side government should not compete with the private sector. Thus, the role of government should be active where the private sector does not come and in other areas, the government must play as facilitators.
Orion Flour Mills purchased a new machine and made the following expenditures: Purchase price $56,000
Sales tax 5,050
Shipment of machine 810
Insurance on the machine for the first year 510
Installation of machine 1,620
The machine, including sales tax, was purchased on account, with payment due in 30 days. The other expenditures listed above were paid in cash.
Required:
Record the above expenditures for the new machine.
Answers
Answer:
Debit : Machine $58,430
Debit : Insurance expense $510
Debit : Sales tax $5,050
Credit : Cash $63,990
Being Cost of machine recognized as well as other expenses on the machine
Explanation:
The cost of the machine includes the purchase price plus any costs directly incurred in putting the asset in the location and condition indented by the management.
Cost of Machine is calculated as :
Purchase price $56,000
Shipment of machine $810
Installation of machine $1,620
Total $58,430
Other Costs are recognized as expenses in the income statement and not as part of the asset.
Which of the following is an example of an equity investment?
(Select the best answer.)
A company bond
A company's stock
A government bond
A loan
Answers
Answer:
A company's stock
Explanation:
There are two main capital structure i.e. debt and the equity. The debt is the loan which is to be borrowed by the individual or a company in order to raise a capital. While the other one is equity in which it shows the ownership stake in the company also it involves the securities than should be traded in the stock markets
While going through the options given, the second option is correct as other options are the examples of debt and the same is not considered for an equity investment
Which go where? Put the letter next to the right one , there could be the same letter for each one more than once
Answers
Answer:
Explanation:
Which go where? Put the letter next to the right one , there could be the same letter for each one more than once 1 in 1 is 2 cookies so if o eat one cookie you have one cookie
The best way to research an expensive product is to? A. Visit multiple company websites B. Watch many television commercials C. Make a purchase and test it out D. Read consumer information magazines
Answers
Answer:
D
Explanation:
edge 2020
The best way to research an expensive product is to read consumer information magazines. Thus option (D) is correct.
What is research ?Research is a defined as the whole process of making hypothesis, collection of data; and analysis and interpretation of that data/information, in accordance with suitable methodologies and drawing the conclusion.
Behavioral research tries to find out how individuals make decisions, interact and influence other individuals, organizations, markets, and society.
The Behavioral research about individuals like consumers is used in accounting to analyze and study about the outcome or result like profits.
The best way to research an expensive product is to read consumer information magazines. Therefore, option (D) is correct.
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You have been working on an important assignment and are behind schedule. Your manager made it clear that it must be done on time. You cannot meet the assignment deadline and complete the other small tasks you have. What would you be MOST likely to do
Answers
When you are working on an important task and you are late, ideally, you would focus on the most important tasks to be delivered on time and not worry so much at the moment about the other small tasks you have.
Establishing a priority list can help you meet deadlines for essential tasks that require greater urgency and more effort to complete.
Time management
It is essential that the employee manages his time in order to establish schedules and goals for completing tasks. Through time management, there is greater motivation and objectivity about the most important tasks.
Therefore, there needs to be focus, concentration and prioritization on the main project that needs to be delivered on time. It is also essential that there is effective communication with your leader, so that you can be authorized for extra benefits or help to help you complete the project on time.
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How is productivity different in a goods-producing occupation and in a service-
providing occupation?
Answers
Answer:
Productivity for goods-producing tend to have a more simple variables for measurement. This might not be the case for service-providing occupations.
For goods producing occupation, productivity usually measured by two standards alone: The numbers of goods produced and the numbers of defect. A company will be considered to have good productivity if it has High number goods produced and the low defects.
For service-providing occupation, this measurement can be a bit more complicated.
Services usually depended on the type of costumers. A service that considered as 'satisfactory' by one costumers will not necessarily perceive the same way by the other customers. (For example, let's say that you work work as a barber and give 1 same hair style to two different customers. One customers might completely love your work while the other might completely hate it. Even if you're producing one same hair style )
This make measuring productivity for service industries become harder compared to manufacturing industry.
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Which two factors must operations managers consider when choosing facilities?
O Access to markets and capacity
O Access to markets and planning
O Access to markets and access to materials
O Access to materials and planning
Answers
Answer:
the answer is c because I got it right ok
NPV and maximum return A firm can purchase new equipment for a $ 17,000 initial investment. The equipment generates an annual after-tax cash inflow of $ 4,000 for 7 years. a. Determine the net present value (NPV) of the asset, assuming that the firm has a cost of capital of 13%. Is the project acceptable? b. Determine the maximum required rate of return that the firm can have and still accept the asset. a. The net present value (NPV) of the new equipment is $ 690.44. (Round to the nearest cent.) Part 2 Based on its NPV, is the new equipment acceptable? (Select the best answer below.) Yes Your answer is correct. No Part 3 b. The maximum required rate of return the firm can have and still accept the new equipment is enter your response here%. (Round to two decimal places.)
Answers
The net present value (NPV) of the new equipment is $ 690.44. .
Based on the NPV, the project is acceptable.
The maximum required rate of return the firm can have is 14.29%.
What is the NPV?Net present value is the present value of after-tax cash flows from an investment less the amount invested. Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable
Net present value = -17,000 + 4000 / 1.13 + 4000 / 1.13² + 4000 / 1.13³ + 4000 / 1.13^4 + 4000 / 1.13^5 + 4000 / 1.13^6 + 4000 / 1.13^7 = $690.44
The maximum required rate of return is the internal rate of return. Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested
IRR can be calculated with a financial calculator
IRR = 14.29%
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Here I am again but am really in the mood;) Easy question: What hobby do you have?
Answers
Which market structure relies most heavily on advertising?
Answers
A large amount of retail organisations use advertising in a monopolistic market. Starting a business is relatively easily, but staying in business is not and requires and convincing consumers that their product is different and better than that of competitors.
Listed below are selected transactions of Schultz Department Store for the current year ending December 31.
1. On December 5, the store received a deposit from the Selig Players to be returned after certain furniture to be used in stage production was returned on January 15. $ 500
2. During December, cash sales were received, which include the 5% sales tax that must be remitted to the state by the fifteenth day of the following month. $ 798,000
3. On December 10, the store purchased for cash three delivery trucks. The trucks were purchased in a state that applies a 5% sales tax. $ 120,000
4. The store sold 25 gift cards for $100 per card. At year-end, 20 of the gift
cards are redeemed. Schultz expects three of the cards to expire unused.
Number of gift cards sold 25
Value of each gift card $ 100
Number of cards unredeemed at year-end 20
Number of cards expected to expire unused 3
Instructions
Prepare all the journal entries necessary to record the transactions noted above as they occurred and any adjusting entries relative to the transactions that would be required to present fair financial statements at December 31. Date each entry. For simplicity, assume that adjusting entries are recorded only once a year on December 31.
NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a cell), into the yellow shaded input cells.
Debit Credit
1. Dec.5
2. Dec. 1 - 31
3. Dec. 10
4. Dec. 31
Dec. 31
Answers
The journal entry of Department Store for the current year ending December 31 is given below:
What are journal entries?Journal entries are the entries made to document the transactions carried out by the company. The books of accounts have a record of every dollar that comes in and goes out. The transactions that are documented are in the book of accounts and are examined and audited for surplus payments or deficits, which are the most frequent errors to be discovered over recording, after they have been made. Below are the diary entries related to the context that are attached.
Date Particular Amount (Dr) Amount(Cr)
1 Dec 2005 cash 500 500 2 Dec 31 cash 798,000
Sales 760,000
Sales Taxes Payable 38,000
(Being sales recorded)
3. Dec 10 Delivery Truck 126,000
cash 126,000 4. Dec 31 cash 126000
Sales 2500
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-At which point are you producing all running shoe
inserts and no hiking boot inserts?
-Which production point would be a goal for the future
but cannot be attained now?
Answer is A,X
Answers
Answer:
the guy above is right trust me (kid in all cp classes)
Explanation:
but yea he is correct
Imagine a situation in which a firm owes its creditors $50,000 but the firm’s assets are only worth $40,000. Equity holders have an incentive to take on very risky projects because if they do nothing, they are certain to be wiped out, while debt holders have incentive to avoid risky projects. Which of the following theories is appropriate to represent this situation?
a. The static tradeoff theory
b. An agency cost
c. A product market model
d. The asymmetric information of debtholders and equity holders
Answers
The theory that represents the given situation is the static trade-off theory.
The following information related to the static-trade off theory is:
The amount of two same firms should be similar also the amount should not be impacted for financing the assets.The amount of the firm should depend on the predicted earnings made in near future. It should arise at a time when no tax should be involved.Therefore we can conclude that The theory that represents the given situation is the static trade-off theory.
Hence, the other options should be wrong.
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xercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $240,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1Year 2Year 3Year 4Year 5 Net cash flows$72,000$45,000$71,000$160,000$57,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment
Answers
The net present value of this investment is $44,722.06.
The investment should be accepted.
Net present value is a capital budgeting method. It is calculated as the present value of after-tax cash flows from an investment less the amount invested in the project.
NPV can be calculated using a financial calculator .
Only projects with a positive NPV should be accepted.
Cash flow in year 0 = $-240,000
Cash flow in year 1 = $72,000
Cash flow in year 2 = $45,000
Cash flow in year 3 = $71,000
Cash flow in year 4 = $160,000
Cash flow in year 5 = $57,000
Interest rate = 12%
NPV = $44,722.06
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omeowner's Insurance Premium
Home Owner's Policy Comparison Deductible
Policy 1 $1,600
Policy 2 $2,000
Which statement below correctly compares the premium prices for these insurance policies?
A. Policy 2 will have a higher premium because it has a lower
deductible than Policy 1.
B. Policy 1 will have a higher premium because it has a lower
deductible than Policy 2.
C. Policy 2 will have a higher premium because it has a higher
deductible than Policy 1.
D. Policy 1 will have a lower premium because it has a lower
deductible than Policy 2.
Answers
The correct statement that compares the premium prices for these insurance policies is:
B. Policy 1 will have a higher premium because it has a lower deductible than Policy 2.
In the context of insurance policies, the deductible is the amount the policyholder must pay out of pocket before the insurance coverage kicks in.
A lower deductible means the insurance company will have to cover a larger portion of the claim, which typically leads to a higher premium.
Policy 1 has a lower deductible of $1,600 compared to Policy 2's deductible of $2,000.
Therefore, Policy 1 will likely have a higher premium because the insurance company would bear a greater portion of the claim costs.
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Rick owns and operates a small farm that produces vegetables and fruits. His friend Owen owns and operates a butcher shop that sells various kinds of
meat. Rick often gives Owen vegetables and fruits in exchange for meat, and vice versa. This scenario best describes
Answers
Because Rick often gives Owen vegetables and fruits in exchange for meat, and vice versa, this scenario best describes a trade by barter.
What is a trade by barter?A trade by barter refers to direct exchange of goods or services without an intervening medium of exchange or money either according to established rates of exchange or by bargaining.
A trade by barter is common among traditional societies, most particularly in those communities with some developed form of market. Product can be bartered within a group as well as between groups, although gift exchange probably accounts for most intragroup trade, particularly in small and relatively simple societies.
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Brief summary of New York Yankees Revenue Plan
For Sports Management class.
Answers
Answer:
The Yankees were the lead investors in a group that included Amazon and Sinclair Broadcast Group that bought 80% of the YES Network from Walt Disney in August 2019. The enterprise value of the deal was $3.47 billion. Prior to the deal, the Yankees owned 20% of the regional sports network. Last summer, Disney agreed to sell off 21st Century Fox’s 22 regional sports networks to secure Justice Department approval of its acquisition of major 21st Century Fox assets. The Yankees launched YES, the most-watched regional sports network in the country, in 2002, and the original investors were the team, Goldman Sachs, Quadrangle Group, the owners of the New Jersey (now Brooklyn) Nets, and others. A minority stake in YES was sold to Fox in 2012, and Fox increased its stake to 80% in 2014. The valuation of the sale to Fox was over $4 billion (including $1.7 billion of debt), with the Yankees share valued at $4.2 billion and the remaining portion valued at $3.9 billion.
Explanation:
Define the six sources of business law
Answers
Answer:
Explanation:
Sources of law are the origins of laws, the binding rules that enable any state to govern its territory. The term "source of law" may sometimes refer to the sovereign or to thUS Constitution. Constitutional law governs the interpretation of the US Constitution and its statutes.
Federal Statutes. Statutory law is the body of written laws that have been passed by the US Congress.
Common Law. US common law is also called case law. ...
Regulations of Federal Agencies. ...
International Treaties. ...e seat of power from which the law derives its validity.
For for computation of pre-incorporation profit salary to vendor
Answers
Interest on purchase consideration, the salary of partners, and interest on vendor capital are to be charged during the pre-incorporation period.
Answer:
vendor is. OTreated as pre-incorporation.Jim has to step into an existing high-priority project as the current project manager has suddenly reported sick just before an important milestone. He finds that the team is exhausted on account of the high workload, morale is low, and the client is pushing forward with previously agreed but clearly unreasonable deadlines. 1. What is the second most effective responsive? Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Jim tries to maintain the status quo and presses forward with the team to ensure client deadlines are met, no matter what. It is just a matter of holding the fort till the original project manager is back. Jim decides it is not worth stake his reputation on an ill-fated project, informs his director accordingly with a status report detailing the issues, and excuses himself from the project.
Answers
The second most effective response is, Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Option a is correct.
The second most effective response would be option (a). Jim needs to communicate with the director about the situation and then address the issues with the team and client. It is important to set realistic expectations and ensure that everyone is on the same page. Ignoring the problems and pressing forward (option b) could result in further burnout and even more problems down the line.
Walking away from the project (option c) is not a good option either, as it does not address the current situation and could harm Jim's professional reputation. It is important to take responsibility and make an effort to improve the situation to the best of Jim's ability. Option a is correct.
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17. Why is it important to identify the stakeholders of a business? In your own words
Answers
Which of the following should be followed when writing a bad new statement.
Answers
The guideline that should be followed while writing a bad-news statement is option B. A bad-news statement should not subordinate the refusal.
When writing a bad-news statement, it is important to adhere to certain guidelines in order to convey the message effectively while maintaining professionalism and empathy.
Subordinating the refusal means placing the negative or disappointing news within a subordinate clause or sentence, rather than directly addressing it. This approach is often seen as evasive or unclear, as it can confuse the recipient and lead to misinterpretation or frustration. Therefore, it is recommended to state the bad news directly and explicitly.
By clearly and directly stating the bad news, you demonstrate transparency and respect for the recipient's time and emotions. It allows the recipient to comprehend the message without having to decipher subtle hints or implications. Directness also minimizes the potential for misunderstanding or confusion, ensuring that the intended message is effectively conveyed.
However, while directness is important, it is equally crucial to deliver the bad news with tact, sensitivity, and empathy. Along with the bad news, it is helpful to provide a clear explanation, justification, or alternative options to soften the impact. This approach demonstrates understanding and consideration for the recipient's feelings and fosters a more positive perception of the communication, despite the negative content.
In conclusion, when writing a bad-news statement, it is essential to avoid subordinating the refusal and instead deliver the news directly. By doing so, you promote transparency, clarity, and effective communication while balancing it with empathy and sensitivity towards the recipient. Therefore, Option B is Correct.
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The question was Incomplete, Find the full content below:
Which of the following guidelines should be followed while writing a bad-news statement?
a. A bad-news statement should be included in the opening paragraph.
b. A bad-news statement should not subordinate the refusal.
c. A bad-news statement should always be presented indirectly.
Please help me with this. Please
Like organizations in other industries, the Houston Independent School District (HISD) believed it could direct, motivate, and improve performance with monetary rewards. The goal was to improve the skills and test scores of students at 40 underperforming schools.
Officials thought the underlying reasons for the underperformance were low performing teachers, as those at the target schools were twice as likely to be rated “ineffective” or “needs improvement” than in well-performing schools. Worse still, teachers at these same schools were half as likely to be rated “highly effective.” School district leaders reasoned that offering money—$5000 signing bonuses—would attract better teachers to the poor performing schools.
Officials spent nearly $7 million to incentivize highly rated teachers to move to the target schools in the 2017–18 school year, and they planned to spend a similar amount in 2018–2019. But there was a problem—it didn’t work. The 40 schools experienced tremendous turnover—40–60 percent of teachers at worst schools quit—but the teachers who replaced them had nearly identical (poor) ratings when they arrived.
This left officials scratching their heads. The dismal results might have been due to the fact they had no performance criteria for teachers to qualify for the bonus and move to one of the 40 schools. Moving to the worst performing schools could be perceived as very risky, as highly rated teachers’ performance could drop in a more challenging, underperforming school. Adding to the risk, some teachers would presumably be giving up a position at a “better” school. Of course, it also was possible $5000 just wasn’t enough for many.
Apply the 3-Step Problem-Solving Approach
Step 1: Define the problem HISD officials wanted to fix.
Step 2: Identify the potential causes of this problem. (Consider also the common reasons rewards fail to motivate.)
Step 3: Make your recommendations.
Answers
The problem that the officials here are trying to solve would be the fact that the students of the school are not doing well in the tests hence the need to get them teachers that would be better in ,making them learn.
What is a problem in research?This is the term that is used to refer to the situation that is in existent in a place that would require intervention and solution.
The potential causes of the problem that exists would be that the students are not learning in the best environment that would foster learning or it could be due to the fact that their teachers are not well able to teach in the most effective way. The environment may not be conducive for learning and it is possible that the students are not well motivated to learn.
The recommendation on how to solve this would be to ensure that the school is in a good situation where the needs of every child is meant to ensure that they are able to learn. Also the teachers have to be able to know the educational needs of the students and communicate in the best way possible.
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On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature on December 31 in five years, and pay interest annually on December 31. Sharp plans to and has the ability to hold the bonds until maturity. Assume that Sharp uses the effective interest method to amortize any premium or discount on investments in bonds. At December 31, the bonds are quoted at 98.
Required:
a. Prepare the entry for the purchase of the debt investment on January 1, 2020.
b. Prepare the entry for the receipt of interest on December 31, 2020.
c. Record the entry to adjust the investment to fair value on December 31, 2020, if applicable
Answers
The journal entries to record the transactions for Sharp Company are as follows:
a) January 1, 2020:
Debit Bonds Receivable $50,000
Debit Bonds Premium $2,165
Credit Cash $52,165
To record the purchase of the debt investment.b) December 31, 2020:
Debit Cash $3,000
Credit Interest Revenue $2,608
Credit Bonds Premium Amortization $392
To record the receipt of interest.c) December 31, 2020:
Debit Fair Value Loss $1,000
Credit Bonds Receivable $1,000
To adjust the investment to fair value.What is a bond's premium?The bonds premium, in this case, refers to the excess cash that Sharp Company paid for the purchase of the bonds when the effective market rate is 5% with a coupon rate of 6%.
The implication is that Sharp Company paid more for the bonds than the market value.
Data and Calculations:Purchase of Sox Bonds = $50,000
PV = $52,165
Premium on bonds = $2,165
Interest rate = 6%
Market rate = 5%
Maturity period = 5 years
Interest payment = annually on December 31
Transaction Analysis:a) January 1, 2020: Bonds Receivable $50,000 Bonds Premium $2,165 Cash $52,165
b) December 31, 2020: Cash $3,000 Interest Revenue $2,608 Bonds Premium Amortization $392
c) December 31, 2020: Fair Value Adjustment $1,000 Bonds Receivable $1,000
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