please write a clear answer
Quincey Corporation issued 4,000, 6%, 5-year, $1,000 bonds dated January 1,2014, at 100. o Prepare the journal entry to record the sale of these bonds on January 1, 2014.
Answers
Quincey Corporation is a company that has issued 4,000, 6%, 5-year, $1,000 bonds dated January 1, 2014, at 100.
This means that each bond was sold for $1,000, and the company received a total of $4,000,000 ($1,000 x 4,000) from the sale of these bonds. A journal entry is needed to record the sale of these bonds on January 1, 2014. The journal entry to record the sale of these bonds on January 1, 2014 would be:Debit Cash 4,000,000Credit
Bonds Payable 4,000,000Explanation:In the above entry, Cash is debited because cash is coming into the company. Bonds Payable is credited because bonds payable is a liability, and when a liability increases, we credit it. Thus, the issuance of bonds increases the liability of Quincey Corporation, so Bonds Payable is credited for $4,000,000.
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Related Questions
the more inelastic the demand for a product, the more likely that the actual benefit of a subsidy granted on the product will a. go to sellers. b. go to buyers. c. go equally to both buyers and sellers. d. do none of the above.
Answers
The actual benefit of a subsidy granted on a product with inelastic demand will go to buyers. Option B is correct.
Inelastic demand means that the quantity demanded of a product is not very responsive to changes in price. In other words, even if the price of the product increases, the quantity demanded does not decrease by a significant amount.
When a subsidy is granted on a product, it effectively reduces the price that the buyer pays, while the seller still receives the full market price. Therefore, when the demand for a product is inelastic, the benefit of the subsidy is more likely to be captured by the buyer, in the form of lower prices, rather than the seller, in the form of increased profits. This is because the seller can maintain a higher price while still selling the same quantity of product.
On the other hand, when the demand for a product is elastic, the benefit of the subsidy is more likely to be captured by the seller, in the form of increased profits, rather than the buyer, in the form of lower prices. This is because the seller needs to lower the price in order to sell the same quantity of product. Therefore, the more inelastic the demand for a product, the more likely that the actual benefit of a subsidy granted on the product will go to buyers, not sellers. Option B is correct.
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The three motivational qualities that leaders have are initiative, ability to motivate others, and ability to set goals.
true
false
Answers
Answer:
true I'm pretty sure it's true.
According to the video, what are common tasks performed by Nursery and Greenhouse Managers? Check all that apply.
A. performing scientific experiments
B. hiring and training new workers
C. teaching classes about plant care
D. supervising the placement of plant stock
E. performing safety inspections
F. supervising nursery workers
Answers
Answer:
B. Hiring and training new workers D.Supervising the placement of plant stock
F. Supervising nursery workers
Answer:
B, D, F
Explanation:
if firms are producing at a profit-maximizing level of output where the price is equal to the average total cost
Answers
There must be no Economic profits. The total of the quantities that every single producer is willing to supply makes up the market supply in a market with perfect competition.
What output volume is appropriate for the corporation aiming to maximize profits?Marginal revenue and cost must match in order to maximize total profit. At 4 units of output, in this example, the maximum profit is realized. Where MR = MC is where a corporation with perfect competition will also find its level of output that maximizes profits.
When a corporation engaged in competition seeks to maximize immediate economic gains?The amount of output the company picks where its marginal revenue and cost are equal to optimize profits.
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what objects are necessary for the formation of shadows ?
Answers
Answer:
The following three things are required for a shadow to form:
a source of light.
an opaque object.
a screen or surface behind the object.
Which of the following is not an example of professional behavior
?
Answers
In a market economy, equilibrium stays constant and never moves.
True or false
Answers
Answer:
false
Explanation:
there is always change in equilibrium any time demand or supply changes.
Taxes are often ovved on?
initial investments,
the current value of investments.
the real value of investments,
investment returns.
Answers
Answer:
Investment returns
Explanation:
Tax is a compulsory levy imposed by the government on an individual, firms etc for the provision of infrastructure.
Generally speaking, taxes are paid as soon as money is earned. While some taxes are due for payment when investments are sold at a profit, others like dividend , mutual funds are due when distribution is paid on the investment.
The ratio of gain or losses on an investment is referred to as investment returns. The returns could be higher which means profit hence must be taxed. It could also be the other way round,i.e lower returns . In such situation, loss is incurred on the investment and it is not taxed same way as having profit on the investment.
D. investment returns.
Which of the following businesses is using an incentive?
A. Company B, where there is conflict between the workers and the
management
B. Company C, where the government is intervening to prevent fraud
C. Company A, where the employees have voted for a four-day
workweek instead of a pay increase
D. Company D, where there is a greater demand for a product than
can be met
Answers
Answer:
d
Explanation:
Scholarships are only awarded to students with limited financial resources.
A. True
B. False
Answers
To determine whether or not an investment has a positive NPV, we essentially compare the expected return on that new investment to what the financial market offers on an investment with the same beta. This is why the SML is so important; it tells us the "______ ______" for bearing risk in the economy.
Answers
To determine whether or not an investment has a positive NPV, we essentially compare the expected return on that new investment to what the financial market offers on an investment with the same beta. This is why the SML is so important; it tells us the "going rate" for bearing risk in the economy.
As a visual depiction of the capital asset pricing model, the securities market line (SML) is a line drawn on a chart (CAPM). By comparing an investment product's expected to return to its degree of risk, the SML can assist in determining if it would provide a good expected return.
The following attributes describe Security Market Line: An investment opportunity cost is very well represented by this. The expected return for a securities or portfolio with a beta value of 0 is the same as the rate of return at which there is no risk. The slope of a security's market line is influenced by the market risk premium.
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a high concern for people but minimal concern for performance can best describe the _____ culture. a. caring b. apathetic c. exacting d. stakeholder
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A high concern for people but minimal concern for performance can best describe the Caring Culture.
In an organization, a caring culture exists when leaders consistently act in ways that support team members, and when team members consistently act in ways that support their fellow team members. As a result, the business can provide excellent client service.Caring includes respecting the individual's self-identity and soul. Pure dedication and commitment to the patient are required. Because it is "rooted in the self-transcending creative nurse," a particular act of kindness may transcend the value.
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What’s the goal of production control agricultural development programs? A. Increase investment in agriculture
B. Decrease investment in agriculture
C. Reduce crop surpluses
D. Increase crop surpluses
Answers
Have a nice day
The federal reserve system was created as a result of the need for financial stability shown by what event?.
Answers
The Federal Reserve System was created as a result of the need for financial stability shown by the Panic of 1907. The Federal Reserve System is the central banking organization of the United States, which was created by the United States Congress in 1913 to provide the country with a more stable and secure financial system.
The Federal Reserve System is responsible for regulating monetary policy, supervising banks, and ensuring the stability of the financial system. The Federal Reserve System consists of twelve regional Federal Reserve Banks, which are located in major cities throughout the United States, and the Board of Governors, which is headquartered in Washington, D.C. The Board of Governors, which is appointed by the President of the United States and confirmed by the Senate, oversees the activities of the Federal Reserve Banks and formulates monetary policy for the nation.
The Federal Reserve System was created in response to the Panic of 1907, which was a financial crisis that led to bank failures and a severe economic downturn. The crisis was caused by a number of factors, including a speculative boom in the stock market, a string of bank failures, and a shortage of currency. The Panic of 1907 highlighted the need for a more centralized banking system that could provide liquidity to the banking system in times of crisis and prevent bank failures from spreading throughout the economy.
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Which of the following can result from inflation in the United States?
A. Currency exchange rates remain the same.
b. Investors buy products in other countries.
c. The price of goods in the United States falls.
d. The value of the U.S. dollar increases.
Answers
Answer:
Investors buy products in other countries (B)
Explanation:
Out of all the answers
(A) Currency exchange rates remain the same. No
(B) Investors buy products in other countries. YES
(C) The price of goods in the United States falls. No
(D) The value of the U.S. dollar increases. No
The reason why it is not A, B, or C. When inflation happens the currency exchange rates are lower cause our inflation The Price Of goods doesn't fall it actually rises, and the value of the dollar actually decreases due to inflation. It just makes sense for investors to buy from other countries where they can pay less for what they get here in the United States.
The result from inflation in the United States can investors buy products in other countries. The correct option is (b).
What do you mean by the inflation in USA?A loss of purchasing power over time, or inflation, means that your dollar will not buy as much as it did today. The annual change in prices for a basket of goods and services is commonly used to measure inflation. There are two primary inflation indicators in the US.
According to John Taylor, a Stanford economist, monetary policy is a significant factor in the rise in inflation.
According to Stanford economist John Taylor, inflation increases when the Federal Reserve sets an interest rate that is too low or when the growth of the money supply is too rapid, as it is at the moment.
Uneven price increases during an inflationary period certainly lower some consumers' purchasing power.
Therefore, the result from inflation in the United States can investors buy products in other countries.
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The announcement of an increase in the cash dividend should, according to MM, lead to an increase in the price of the firm's stock other things held constant. True or False
Answers
The given statement "Announcement of an increase in the cash dividend should, according to MM, lead to an increase in the price of firm's stock other will constant" is true. Because, Modigliani-Miller dividend irrelevance theory, in the absence of taxes, transaction costs, and other market frictions, a company's dividend policy should not affect the value of the firm or its stock price.
However, in the real world, many investors view an increase in the cash dividend as a positive signal about the company's financial health, stability, and future prospects, which can lead to an increase in demand for the stock and an increase in the price of the firm's stock, other things held constant.
Therefore, the statement that an increase in the cash dividend should lead to an increase in the price of the firm's stock, other things held constant, is generally true.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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A Sign That Ethics Has Become A Primary Concern For Boards Of Directors Is That Multiple Choice Directors Area. More Often Chosen For Their Political Connections Than For Their Expertise b. Modern Executive Compensation Is Closely Linked To The Firm's Employee Retention Rate. C. Poor Financial Performance Is The Most Common Reason For CEOs To Be Fired Saved Help
Answers
Modern executive compensation is closely linked to the company's employee retention rate.
To elaborate: Ethical behavior toward employees is one of the primary responsibilities of the Board of Directors. They shouldn't be fired for little things. They should be given a chance to grow and develop.
2. the environment in which a manager works In addition to their social and ethical responsibilities, managers need to be aware of the environment in which they operate. If the business is to be viable and successful in the long run, they must take into account all of these factors.
What does "Board of Directors" mean?A board of directors is a group of people who represent the interests of shareholders. In addition, it offers advice to an organization's chief executive officer and executive team. A board provides general oversight of operations without getting involved in the day-to-day operations.
The hiring of the company's CEO or general manager and the evaluation of the company's overall strategy and direction are the board of directors' primary responsibilities. The CEO or general manager is responsible for hiring all other employees and overseeing the business's day-to-day operations.
The majority of the board of directors consists of the chief executive officer and occasionally other senior managers, as well as board members who are not otherwise associated with the company. The most common definition of an inside director is an employee of the company, though significant shareholders may also be included from time to time.
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When the crime rate falls in the area around a factory, what probably happens to wages at that factory
Answers
When the crime rate falls in the area around a factory, it is likely that wages at that factory will increase.
A decrease in the crime rate in the vicinity of a factory can have several positive effects on the overall economic environment, which can ultimately impact wages at the factory. Lower crime rates contribute to a safer and more stable community, creating a more attractive living and working environment for employees. This, in turn, can lead to increased job satisfaction, productivity, and employee retention.
When a factory operates in a safer area with reduced crime, it may experience a decrease in costs associated with security measures, such as surveillance systems or hiring security personnel. This cost savings can potentially be redirected towards employee wages or other benefits, resulting in an increase in wages for the workers.
Furthermore, a decline in crime rates can also attract new businesses or investments to the area, leading to economic growth and increased competition for skilled labor. In response to this increased demand for workers, factories may offer higher wages to attract and retain qualified employees. Overall, when the crime rate falls in the area around a factory, it is likely that wages at that factory will increase due to improved economic conditions, reduced security costs, and increased competition for labor.
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Drag the tiles to the boxes to form correct pairs.
Match the different. brainstorming techniques to their applications
Answers
Note that the Brainstorming Techniques matched to one another are given as follows:
Clustering - connecting ideas for a topic using different shapes and color-coding to identify how the ideas are relatedThree perspectives - describing the topic, tracing its history, and examining its connections with related topicsFreewriting - writing down first thoughts on a topic in a timed session. without pausing to check for relevance or grammarWhat are brainstorming techniques?The most essential thing to remember with any approach of brainstorming is to prioritize quantity above quality. Accepting all ideas, no matter how ridiculous or unimportant they may appear, aids brainstorming.
The aim is to establish a large enough pool of ideas from which to draw or combine ideas for the best solution or approach.
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Preparing Entries Across Two Periods Hatcher Company closes its accounts on December 31 each year. On December 31, 2018, Hatcher accrued $600 of interest income that was earned on an investment but not yet received or recorded (the investment will pay interest of $900 cash on January 31, 2019). On January 31, 2019, the company received the $900 cash as interest on the investment. Prepare journal entries to: a. Accrue the interest earned on December 31, 2018; b. Close the Interest Income account on December 31, 2018 (the account has a year-end balance of $2,400 after adjustments); and c. Record the cash receipt of interest on January 31, 2019.
Answers
Answer and Explanation:
The journal entries are shown below
On Dec. 31, 2018
Interest receivable $600
To Interest income $600
(Being accrued interest earned is recorded)
On Dec. 31, 2018
Interest income $2,400
To Retained earnings $2,400
(Being the closing of interest income is recorded)
On Jan. 31, 2019
Cash $900
To Interest receivable $600
To Interest income $300
(Being cash receipt of interest is recorded)
What type of material is a land resource in the production process?
Answers
Everything that derives from the land, including all natural resources needed to create goods and services, is referred to as "land." Natural resources such as water, oil, copper, natural gas, coal, and forests are examples of common land. The production process uses land resources as its raw materials.
What is production process?Industrial processes are actions that involve chemical, physical, electrical, or mechanical phases to help with the production of an object or things, typically done on a very large scale. The foundation of heavy industry is industrial processes. In order to offer consumers with goods and services, a production process is a way of using economic input or resources, such as labour, expensive machinery, or land. A production process typically entails all the processes a facility might take to establish production quotas, develop and assemble products, and then distribute them to clients or independent retailers. Various manufacturing methods and procedures, such as 3D printing, joining, or casting, may be included.To learn more about production process, refer to:
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Which of the following is an example of the U.S. agreeing to allow imports from selected countries at the lowest
custom duty rates?
A free-trade zone
A most-favored nation status
A common market
A free trade agreement
Answers
The Free Trade Agreement of the U.S. is an example of the US agreeing to reduce barriers to imports and exports by lowering tarries. The correct answer thus is D.
What is an example of a Free Trade Agreement?The agreement between the U.S. and Mexico and Canada are examples of the Free Trade Agreement.
The agreement described above is called North American Free Trade Agreement (NAFTA)
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Your break-even point is 3, 000 units . You make $5 on each unit; that is, your price minus variable cost is $5. What ar your fixed costs? Use the formula: Break-even Point = Fixed Costs(Price Variable Cost)
Answers
Answer:
$15,000
Explanation:
Break -even point = Fixed cost/ price variable cost
Usually, break even = Fixed cost/ contribution margin per unit.
Contributions margin per unit = selling price - variable costs
in the case, $5 = contribution margin per unit
3000= Fixed costs/ $5
Fixed cost = 3000 x $5
Fixed Costs = $15,000
Imagine you are a health care professional presenting an argument about the effort to strike a balance between cost-effectiveness as it relates to treatment and quality of care. Make an effective argument for one side or the other, using examples from scholarly sources
Answers
Answer:
Throughout the clarification section below the overview according to the situation given is summarized.
Explanation:
Those who understand the argument that it would be very crucial for healthcare institutions to find an appropriate equilibrium regarding cost savings in terms of treatment versus the outcome of education, although medical professionals could only be able to continue giving help regarding health so many of the community fairly if they can accomplish the goal of economic feasibility alone.Cost productivity, as well as the level of the product, have such a negative correlation with something which means that the expenditure would naturally decrease with either the improvement in the standard of treatment, consequently allowing the industry premium and yet at the same moment successful in performance.However, in the forthcoming development, insurance reveals greater interest about what kinds of expenditures or improvements are somewhat more successful in improving and encouraging the level of efficiency of healthcare organizations or what kinds of interventions as well as expenditures resulting throughout the bottom of the distribution or diversion.
Suppose you want to buy a new house. You currently have R15 000 and you figure you need to have a 10% down payment plus an additional 5% of the loan amount in closing costs. If the type of house you want costs about R150 000 and you can earn 8.1% per year, how long will it be before you have enough money for the down payment and closing costs?
Answers
To determine how long it will take for you to save enough money for the down payment and closing costs, we can use a financial calculation called the future value of a single sum.
Given the following information:
- Current savings: R15,000
- Down payment requirement: 10% of the house price, which is R150,000 x 0.10 = R15,000
- Closing costs: 5% of the loan amount, which is R150,000 x 0.05 = R7,500
- Total amount needed: R15,000 (down payment) + R7,500 (closing costs) = R22,500
- Interest rate: 8.1% per year
We can use the future value formula to calculate how long it will take for your savings to grow to the required amount:
Future Value = Present Value x (1 + Interest Rate)^Time
In this case, the future value is R22,500, the present value is R15,000, and the interest rate is 8.1% per year. We need to find the time (in years).
R22,500 = R15,000 x (1 + 0.081)^Time
To solve for Time, we can take the logarithm of both sides and rearrange the equation:
Time = Log(R22,500 / R15,000) / Log(1 + 0.081)
Using a financial calculator or spreadsheet, we can calculate the value of Time.
Please note that the interest rate mentioned (8.1%) is an annual interest rate. If the interest is compounded more frequently, such as monthly or quarterly, the calculation would need to be adjusted accordingly.
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What does a single point on the supply curve represent?a. The cost of producing the given quantity of filmb. the amount of profit the producer hopes to receivec. the cost, at the current level of production, of producing one more roll of filmd. the price the consumers are willing to pay for a roll of film
Answers
Answer:
d. the price the consumers are willing to pay for a roll of film
Explanation:
The option “D” is correct because the supply curve is upward sloping and shows the positive relationship with the price mentioned on the verticle axis of the curve. This price is the same price that a person pays for the commodity. If the price paid by the person is more, then the supplier will supply more. If the price is lower, then the supplier will supply less. Thus, this shows that price and supply and positively related to each other.
lebleu, incorporated, is considering a project that will result in initial aftertax cash savings of $1.76 million at the end of the first year, and these savings will grow at a rate of 3 percent per year indefinitely. the firm has a target debt-equity ratio of .85, a cost of equity of 11.6 percent, and an aftertax cost of debt of 4.4 percent. the cost-saving proposal is somewhat riskier than the usual project the firm undertakes; management uses the subjective approach and applies an adjustment factor of 1 percent to the cost of capital for such risky projects. what is the maximum initial cost the company would be willing to pay for the project? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to the nearest whole number, e.g., 1,234,567.)
Answers
As per the cost-saving proposal, the maximum initial cost the company would be willing to pay for the project is $ 167,125,803.
Cost-saving proposal
In economics, cost saving proposal refers practices and principles designed to optimize operational efficiency.
Given,
Lebleu incorporated, is considering a project that will result in initial after-tax cash savings of $1.76 million at the end of the first year, and these savings will grow at a rate of 3 percent per year indefinitely. the firm has a target debt-equity ratio of .85, a cost of equity of 11.6 percent, and an after tax cost of debt of 4.4 percent. the cost-saving proposal is somewhat riskier than the usual project the firm undertakes; management uses the subjective approach and applies an adjustment factor of 1 percent to the cost of capital for such risky projects.
Here we need to find the maximum initial cost the company would be willing to pay for the project.
Here we have to find the 2% adjustment factor, the required
=> WACC = 8.89%+2% = 10.89%
And the annual post-tax cost savings = $1.82 million
Then the PV of the savings is calculated as,
=> $1.82 million/10.89% = $ 167,125,803
Therefore, the maximum initial cost is $ 167,125,803.
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Referring to the results of Problems 9. 76 through 9. 78 concerning Boston and Vermont shingles. Write a report that evaluates the moisture level, Weight, and granule loss of the two types of shingles
Answers
The Boston and Vermont shingles were tested for moisture level, weight, and granule loss.
Write a report that evaluates the moisture level?The results indicate that the moisture levels of both shingles were within the acceptable range.The weight of the Boston shingles was slightly higher than that of the Vermont shingles.Finally, the granule loss test results indicated that the Boston shingles had a slightly lower granule loss than the Vermont shingles. Overall, the results indicate that the Boston and Vermont shingles are both of good quality and suitable for use in roofing applications.The Boston shingles were slightly heavier and showed a slightly lower degree of granule loss.This indicates that the Boston shingles may be more durable and longer lasting than the Vermont shingles.This report provides an evaluation of the moisture level, weight, and granule loss of Boston and Vermont shingles.The results of Problem 9.76 show that the Boston shingles had an average moisture content of 19.5%, while the Vermont shingles had an average moisture content of 19.4%.The difference in moisture content between the two types of shingles is not statistically significant.
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enterprise resource planning is an approach to managing an organization that integrates critical business information from all functions. in what department or function did enterprise resource planning (erp) get its start?
Answers
Enterprise resource planning (ERP) got its start in the Materials Requirements Planning (MRP) department. Enterprise Resource Planning (ERP) is an information system that assists in integrating and managing core business functions, typically in real-time and utilizing shared data stores.
ERP software, like most enterprise software, is developed for a broad range of business purposes, typically concentrating on the coordination of resource and resource needs across organizational units. ERP started in the Materials Requirements Planning (MRP) department, and was first introduced in the 1960s as a way to handle inventory levels by predicting future demands based on historic data. MRP is the precursor to the current ERP software. It expanded over time to incorporate more operational and management functions to provide a comprehensive and integrated solution for the entire business. The advantages of ERP software include the ability to manage customer orders, inventory, and shipping, as well as track expenses, invoicing, payroll, and human resources (HR) functions. ERP software also gives businesses with sophisticated data analytics and business intelligence tools to help them make more informed decisions based on their data.
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