Answer:
Austere Corporation
The amount of the proceeds from the bond that should be recorded as an increase in liabilities is:
= $320,100.
Explanation:
a) Data and Calculations:
The bonds issued = $330,000 at 106
Number of $1,000 bonds issued = 330 ($330,000/$1,000)
Market value of each warrant = $3
Proceeds from issue of bond = $330,000*106% = $349,800
Fair value of warrant issued = 330*30*$3 = $29,700
The bond issue liability = $349,800 - $29,700 = $320,100
Answer:
d. All of the last 12 payments he received are taxable.
Explanation:
In the case when the life expectancy is 180 months and collected 192 payments prior he died
So according to the question, all the 12 payments would be received are taxable
Here the payment that received for 180 months would not be involved in the gross income and the remaining 12 payment would be taxable
Therefore the option d is correct
Answer:
Equilibrium price = $6
Total quantity in the market would be > 400 units ( unchanged )
Explanation:
Applying small=country model
world price of product = $6
import quota = 400 units
The Equilibrium price in Marketopia would be $6 and the total quantity available in Marketopia would > 400 units
This is because in a small country assumption model, the total imports made by any country is insignificant to the Total quantity of the products available in the market therefore it has no effect on the price of the products even if when the imports are stopped by the country
Answer:
The main source of conflict that occured between the supervisors and the HR departments at Sand Corporation was the division of power that occurred between the Supervisors and the HR departments
Explanation:
The main source of conflict between the supervisors and the HR departments at Sand Corporation was the division of power that occurred between the Supervisors and the HR departments reason been that the supervisors feel that the power and authority that should have been with them or vested on them for hiring, compensation, appraisal, as well as training and pay increases has been appropriated and carried out by the HR departments.
WHILE the HR managers or HR departments on the other hand want to keep the authority to themselves because they believed and known that authority is a source of power.
Answer:
Total= $77,300
Explanation:
Giving the following information:
lost, damaged, and stolen merchandise normally amounted to 5 percent of the inventory balance. On June 14, Essary's warehouse was destroyed by fire. Just before the fire, the accounting records contained a $136,000 balance in the Inventory account. However, inventory costing $16,900 had been sold and delivered to customers but had not been recorded in the books at the time of the fire. The fire did not affect the showroom, which contained inventory that cost $35,000.
Accounting record= 136,000
Normal Damaged merchandise= 136,000*0.05= 6,800 (-)
Sold inventory= 16,900 (-)
Showroom= 35,000 (-)
Total= $77,300
