E-Tech Initiatives Limited plans to issue $500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1, 2019. Show how the bonds would be reported on the January 2, 2019, balance sheet if they are issued at 102.

Answers

Answer 1

Answer:

E-Tech Initiatives Limited

Partial balance sheet

as on January 2, 2019

Liabilities

Long term Liabilities

Bond Payable ________________ $500,000

Add: Premium on Bond _________ $10,000  

_____________________________________ $510,000

Explanation:

First Calculate the issuance value

Issuance value = $500,000 x 102% = $510,000

The bond is issued on Premium, Now calculate the premium on bond value

Premium on bond = Issuance value - Premium on Bond

Premium on bond = $510,000 - $500,000

Premium on bond = $10,000

The bond payable value of $500,000 and Premium on the bond aer reported in the long term liability section of balance sheet.

Answer 2

The preparation of the bond that should be reported on the balance sheet is presented below:

E-Tech Initiatives Limited

Partial balance sheet

As on January 2, 2019

Liabilities

Long term Liabilities

Bond Payable $500,000

Add: Premium on Bond $10,000  ($510,000 - $500,000)

Carrying value $510,000 ($500,000 * 102%)

In this way, it should be presented.

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Related Questions

Collecting data over a period of time and then processing that data all at the same time is called _____ processing.

Answers

Answer:

it's called Data processing

Hamlin Metals Company has sales representatives covering several states and provides automobiles for them and for its executives. Describe any substantive procedures you would consider appropriate for the company's fleet for more 100 automobiles, other than the verification procedures generally applicable to all property and equipment.

Answers

Looking at the question given,the important features of substantive tests given for a fleet of automobiles will be to review the certificates of the registration of automobiles and also the titles,the goal of this is to confirm legal ownership and also making the identification of some automobiles physically by confirming the model,the year and the serial number.

However,it is also not possible that the whole automobile will be at a convenient location for the purpose of the examination.But these substantive test procedures has a way of ensuring that trades and sales has been reflected in these accounts.

Moreover,these said procedures should be advised by the audit program for plant, equipment and building along the line.

Jack and Jill are married, have three children, and they report earnings during 2019 of $28,500. Do they qualify for the earned income credit?

Answers

Answer: I’m not sure but I would go with no sorry if I’m wrong

Explanation:

Dylan has a standard set of questions he asks all applicants during an interview. What type of interview does dylan conduct

Answers

Answer:

it is well planed

Explanation:

if not planed  ,not much people will join that job

Dylan has a standard set of questions that he asks from all applicants during an interview. The type of interview that Dylan conduct is structured interview.

What is an interview?

An interview is a conversation between two or more people, typically conducted to gather information, assess qualifications, or evaluate suitability for a particular role or position.

In the context of employment, an interview is typically conducted by a potential employer to evaluate a job applicant's skills, experience, and overall fit for the job.

Interviews can take many different forms, from traditional in-person interviews to phone and video interviews. They can be structured or unstructured, formal or informal, and may involve a single interviewer or a panel of interviewers.

Dylan conduct  structured interview because he  has a standard set of questions that he asks from all applicants.

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The ____ is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.

a. standing plan
b. forecast
c. single-use plan
d. options-based plan
e. budget

Answers

Answer:

a. standing plan

Explanation:

operational plan make a room for strategy plan it give clear picture of the goals to be accomplished as well as the objectives and the task behind it to the personnel in an organization. It is an implementation of strategies.It should be noted that standing plan is a type of operational plan that saves managers time because it is created once and then used repeatedly to handle frequently recurring events.

Thompson TV and Appliance reported the following in its 2021 financial statements: 2021 Sales $ 439,000 Cost of goods sold: Inventory, January 1 78,000 Net purchases 326,000 Goods available for sale 404,000 Inventory, December 31 95,000 Cost of goods sold 309,000 Gross profit $ 130,000 Thompson's 2021 inventory turnover ratio is:___________. (Round your answer to two decimal places.)a. 4.62.b. 3.25.c. 3.57.d. 5.08.

Answers

Answer:

c. 3.57

Explanation:

Inventory turnover ratio is computed as;

= Cost of goods sold ÷ Average inventory

Given that;

Cost of goods sold = $309,000

Average inventory = Beginning inventory + Ending inventory / 2

= $79,000 + $95,000 / 2

= $85,000

Inventory turnover ratio = $309,000 ÷ $86,500

Inventory turnover ratio = 3.57

Each quarter, Cullumber, Inc., pays a dividend on its perpetual preferred stock. Today the stock is selling at $64.00. If the required rate of return for such stocks is 17.00 percent, what is the quarterly dividend paid by this Cullumber?

Answers

Answer:

Quarterly dividend = $2.72 per share

Explanation:

The dividend payment made by a preferred stock is in terms of a perpetuity as the preferred stock pays a constant dividend throughout its perpetual life. So, we can calculate the annual dividend payment made by the preferred stock using the formula for the present value of perpetuity. The formula is as follows,

Present value = Dividend or Cashflow / r

Where,

r is the required rate of return

As we already have the values of Current stock price which is the present value and r, we can plug in these values in the formula to calculate the annual dividend.

64 = Dividend / 0.17

64 * 0.17 = Dividend

Dividend = $10.88

As, 10.88 is the annual dividend, the quarterly dividend will be,

Quarterly dividend = 10.88 / 4 = $2.72 per share

JetBlue’s "Even More Space" initiative allowed passengers to buy seats with more legroom for a slightly higher price. The initiative increased JetBlue’s profit margin. Which customer development strategy does this exemplify?

Answers

Answer: Upselling

Explanation:

Upselling is a customer development strategy whereby the customers are encouraged to buy an upgraded or higher end version of a particular product. Upselling therefore results in the customers spending more than what they initially planned for and this bring about increase in revenue to the company.

Therefore, the customer development strategy exemplified by JetBlue is Upselling.

What type of communication takes place when announcements in offices are made through public announcement systems?

A.
interpersonal communication
B.
written communication
C.
mass communication
D.
public communication
E.
intrapersonal communication

Answers

A or D



process of elimination..

B. (it’s verbal communication, not written)
C. (i highly doubt this is a possible answer.....but you are always willing to test that out for yourself)
E. (interpersonal is a conversation with oneself or “within a person”)

so now you’re left with A or D

Answer:

mass communication

Explanation:

I asked the teacher, she looked at the answer key and said

The net cash flows of Advantage Leasing for the next 3 years are $42,000, $49,000 and $64,000 respectively, after which the growth rate will be a constant 2% with a WACC of 8%. What is the present value of the terminal value?Select one:a. 51,822b. 55,967c. 59,259d. 60,444e. None of these

Answers

Answer:

$863,689.50

Explanation:

The computation of the present value of the terminal value is shown below:

The terminal value at the end of the third year is

=  Third year Cash flows × (1 + growth rate) ÷ (required rate of return - growth rate)

= $64,000 × (1 + 2%) ÷ (8% - 2%)

= $1,088,000

Now its present value is

= terminal value at the end of the third year ÷ (1 + rate of interest)^number of years

= $1,088,000 ÷ (1 + 8%)^3

= $863,689.50

This is the answer but the same is not provided in the given options

The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at the end of 2018.
2016 2017 2018
Net Income: $1,200 -$500 $2,300
Net Cash Flows: $500 $300 $2,800
Dividends: $200 $0 $200
Issuance of Stock: $2,000 $0 $0
A) $4,600
B) $2,600
C) $3,100
D) $3,500

Answers

Answer:

B) $2,600

Explanation:

Retained earnings in each is computed as net income minus dividends

In year 2016 retained earnings=$1200-$200=$1000

In year 2017 retained earnings=2016 retained earnings+net income-dividends

2017 retained earnings=$1000-$500+$0=$500

2018 retained earnings=2017 retained earnings+net income-dividends

2018 retained earnings=$500+$2,300-$200

2018 retained earnings=$2,600

Suppose 1-year Treasury bonds yield 3.00% while 2-year T-bonds yield 3.20%. Assuming the pure expectations theory is correct, and thus the maturity risk premium for T-bonds is zero, what is the yield on a 1-year T-bond expected to be one year from now?

Answers

Answer:

the yield on a 1-year T-bond expected to be one year from now is 1 +  x = 1.0340038835  or x = 3.40%

Explanation:

The computation of the yield on 1 year T bond expected one year from now is shown below:

Let us assume the 1 year T bond yield be x

So, the equation that could be made is given below:

(1.03) × (1 + x) = (1.032)^2

(1.03) × (1 + x) = 1.065024

1 + x =  1.065024  ÷ 1.03

1 +  x = 1.0340038835

x = 3.40%

Hence, 1 +  x = 1.0340038835

or x = 3.40%

An example of a population is all people who shop at Target while a sample is only those people who buy orange juice at Target. A. True B. False

Answers

Answer:

True

Explanation:

A population in statistics is defined as the total items that is of interest to the scientist and from which studies are conducted to draw conclusions.

It is from population samples are drawn.

Sample is defined as a part of a population that is studied and used to draw inference or conclusion about the whole population.

In the given scenario all people who shop at Target are the population that is of interest.

To draw conclusion about the population only those people who buy orange juice at Target. A are used as a sample to draw conclusions

a good economist is one who looks at economic issues only with hindsight or not. please explain with examples ​

Answers

Answer:

The specification and according to the issue are listed throughout the clarification section described.

Explanation:

Economics would be a social science which always investigates whether consumers participate, in terms of direction, regarding interest, distribution as well as general price level. This same production and consumption approach demonstrates how prices differ to maintain the balance among both commodity production and trade. The economic theory focuses on the behavior as well as the engagement of financial intermediaries as well as how ecosystems function.

For obvious reasons, private individuals should include families, companies, producers, and consumers.

Say Mary would like to create a scholarship for $2,500 per year at ECU in her family's name. If the money market rate where the corpus will be placed to earn interest is 5.5% and if the inflation rate is 4.0%, how much will she have to donate?

Answers

Answer:

the amount that she have to donate is $166,666.70

Explanation:

The computation of the amount that she have to donate is shown below:

Donation amount is

= Annual scholarship ÷ (interest rate - inflation rate)

= $2,500 ÷ (5.5% - 4.0%)

= $2,500 ÷ 1.5%

= $166,666.70

hence, the amount that she have to donate is $166,666.70

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Stock market indices:_______ a. measure the value of the average bond yield. b. determine the price of stocks in the index by deciding whether companies in the index are doing well or not. c. measure income in an economy and price levels. They are often used as an indication of economic growth. d. are average stock prices for a group of companies meant to measure a section of the stock market.

Answers

Answer:

d. are average stock prices for a group of companies meant to measure a section of the stock market.

Explanation:

Stock indices are used to measure the performance of a basket of securities and helps investors in a particular segment of the financial market make well informed decisions.

The value of the index is an average of the stock of underlying companies that make up the index.

For example the Dow Jones is a stock index made up of 30 large companies.

Investors compute performance by comparing current price level to previous prices.

Question 1 of 10
Malika defaulted on the equipment loan for her hair salon. What type of
remedy would the bank would most likely seek?

Answers

Answer: An attachment

Explanation: ap3x:)

Answer: attachment

Explanation:

A pex just took quiz

You're trying to save to buy a new $196,000 Ferrari. You have $46,000 today that can be invested at your bank. The bank pays 5.4 percent annual interest on its accounts.
How long will it be before you have enough to buy the car? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Answers

Answer:

It will take 27.56 years to gain $196,000.

Explanation:

Giving the following information:

Future value (FV)= $196,000

Present value (PV)= $46,000

Interest rate= 5.4% = 0.054

To calculate the time required to reach the objective, we need to use the following formula:

n= ln(FV/PV) / ln(1+i)  

n= ln(196,000/46,000) / ln(1.054)

n= 27.56

It will take 27.56 years to gain $196,000.

What is the amount of interest revenue that must be accrued on December 31st for a nine-month, 6%, $2,000 note receivable that was accepted on November 1st? Interest Accrued:_________

Answers

Answer:

$20

Explanation:

The amount of interest accrued = Note amount * Interest rate * Number of months expired till December 31/ 12 months

= $2,000 * 6% * 2/12

= $20.

Thus, the interest accrued = $20

Suppose the price of Twinkies decreases from $1.45 to $1.25 and, as a result, the quantity of Twinkies demanded increases from 2,000 to 2,200. Using the midpoint method, the price elasticity of demand for Twinkies in the given price range is:
a. 2.00.
b. 1.55.
c. 1.00.
d. 0.64.

Answers

It’s b 1.55
And plus it increases too
Answer: the answer is D

Jan purchased 100 shares of Peach Computer stock for $15 per share, plus a $14 brokerage commission. Every 6 months she received a dividend from Peach of 35 cents per share. At the end of 2 years, just after receiving the fourth dividend, she sold the stock for $21 per share and paid a $58 brokerage commission from the proceeds. What annual rate of return did she receive on her investment?

Answers

Answer:

The annual rate of return did she receive on her investment is 20.05%

Explanation:

Use following formula to calculate the rate of return

Holding period return = ( Income from Investment + Price appreciation ) / Initial value of the shares

Where

Income - Dividend Received = 100 shares x $0.35 x 4 semiannual periods = $140

Price appreciation = ( ( $21 x 100 shares ) - $58 ) - ( ( $15 x 100 shares ) + $14 )

Price appreciation = $2042 - $1,514

Price appreciation = $528

Now calculate the holding period return

Holding period return = ( $140 + $528 ) / $1,514

Holding period return = 44.1215%

Now annualise the return as follow

Annual rate of return = ( Holding period return + 1 )^1/2 - 1

Placing values in the formula

Annual rate of return = ( 44.1215% + 1 )^1/2 - 1

Annual rate of return = 20.05%

Boyne Inc. had a beginning inventory of $12,000 at a cost and $20,000 at retail. Net purchases were $120,000 at cost and $170,000 at retail. Net markups were $10,000; net markdowns were $7,000; and sales revenue was $147,000. Compute ending inventory at cost using the conventional retail method.
Ending inventory using the conventional retail method ________ $

Answers

Answer:

$24,000

Explanation:

For conventional retail method, there is the inclusion of markups but excludes markdown, which bring about lower inventory value, hence allows retailer track cost of purchasing and sales price.

Boyne inc. had beginning inventory of $12,000 at a cost and $20,000 at retail, so the ratio of inventory cost and sales price is 60% [$12,000/20,000 × 100]

Then, the inventory cost of $170,000 at retail

= 60% × ($170,000 + $10,000)

= 60% + $180,000

= $108,000

The ending inventory cost of Boyne inc.

= Beginning inventory of $12,000 + Net purchases $120,000 - Inventory cost for sales $108,000

= $24,000

Why is it important to maintain a career portfolio?
O A. A career portfolio allows you to compare your accomplishments
to those of other job applicants so you know where to improve,
B. A career portfolio allows you to set out goals for your career,
including step-by-step objectives that will lead to those goals,
C. A career portfolio allows you to keep track of everything you need
to do in the future in order to advance your career,
D. A career portfolio allows you to keep track of all skills,
accomplishments, and experience that you may need to apply for
jobs,

Answers

Answer:

D. A career portfolio allows you to keep track of all skills,

accomplishments, and experience that you may need to apply for

jobs,

Explanation:

Maintaining a career portfolio is vital since it enables you to keep track of all the abilities, successes, and experience you could need to apply for positions.  Thus, option (D) is correct:

What is experience?

Experience refers to conscious events in general, and perceptions in particular, as well as the practical knowledge and familiarity produced by these conscious processes.

Employers may find you more employable if you have a career portfolio because it gives them evidence of your persona, your prior successes, and your transferable abilities.

Therefore,  Thus, option (D) is correct:

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The Wet Corp. has an investment project that will reduce expenses by $25,000 per year for 3 years. The project's cost is $30,000. If the asset is part of the 3-year MACRS category (33.33% first year depreciation) and the company's tax rate is 26%, what is the cash flow from the project in year 1? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)
A. $21,100
B. $22,560
C. $20,550
D. $21,880

Answers

Answer:

A. $21,100

Explanation:

net cash flow year 1 = {[savings year 1 - (depreciation expense year 1)] x (1 - tax rate)]} + depreciation expense year 1

cash flow year 1 = {[$25,000 - ($30,000 x 33.33)] x (1 - 26%)} + ($30,000 x 33.33) = [($25,000 - $10,000) x 0.74] + $10,000 = $11,100 + $10,000 = $21,100

yes loloolololololoolloolololololololoolololololol

Answers

Answer:

yup the true maeningnof lol Is laugh aloud or lots of love depending on how it's used

How does Alibaba implement competitive pricing strategy in market?

Answers

Answer:

By reducing their prices compare to the price of their competitors.

Explanation:

Note, a competitive pricing strategy refers to a pricing strategy that involves deliberately finding out the prices in which your competitor sells their product and then tailoring yours to be a little lower than theirs, by so doing customers feel motivated to buy from you instead.

For example, Alibaba can go to its competitor, let's say Amazon. and see how sells an iPhone. Then Alibaba can reduce/set its own price benchmark based on their prices.

The parameters of nonlinear models have exponents _____.
a. larger than 0
b. other than 1
c. larger than 3
d. only equal to 2

Answers

Answer:

b. other than 1

Explanation:

Nonlinear models are called that way because they are not linear in parameters. In order for this nonlinear characteristic to exist, the exponents of the parameters must be any number other than 1.

While linear models can have a nonlinear relationship between the predictors and independent variables. But when you analyze the mean (predictor), it must be linear with the parameters.

The nonlinear models have an exponent other than 1. As the nonlinear exponent estimating a regression model, convert the forecast variable y and/or the predictor variable x.

What is the nonlinear model?

Non-linearity is a term used in statistics to describe a situation where there is no direct relationship between the two variables that are independent and independent. The input is not directly affected by the change in the relationship in the output in the direct proposition.

Thus, option B is correct.

For further details about the non-linear model refer to this link:

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If a union succeeds in rasing the wages of its members above the equilibrium, what is a likley outcome?a. unemployment.b. deflation.c. increased number of discouraged workers.d. an inward shift of the labor supply curve.

Answers

Answer: a. unemployment.

Explanation:

If a union manages to raise the wages of its members but this wage is above the equilibrium, it will lead to the producers making less than they are supposed to due to higher input costs.

They will therefore seek to reduce their input costs and they will do so by hiring less people and letting go of some of the workforce. This will reduce their input costs and bring them back to equilibrium but will lead to unemployment in the nation.

A company has break-even sales of $200,000. If the company expects sales of $500,000, the margin of safety i is________.

Answers

Answer:

Margin of safety = $300000

Explanation:

The margin of safety is the amount or units in excess of the break even level of sales or units. It is the region beyond the break even point and represents the profit for the business. Any units in excess of the break even point represents the margin of safety.

The margin of safety for the given question with expected sales of $500000 and break even sales of $200000 can be calculated as follows,

Margin of safety = 500000 - 200000  =  $300000

In a SWOT analysis, what are opportunities

Answers

Answer:

Opportunities represent the external factors that can give a competitive advantage to the organization.

Explanation:

SWOT analysis is a useful technique for understanding the strengths and weaknesses of your business, as well as for identifying opportunities that are open to you and threats that could jeopardize your business.

Answer:

Opportunities are positive external factors that can affect your company. They are external conditions that make it possible for your business to succeed or improve.

Explanation:

...2021

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