If the straight-line method of amortization is used, the amount of unamortized premium on bonds payable will decrease as the bonds approach maturity.
A. True
B. False

Answers

Answer 1

Answer:

True

Explanation:

Amortization is simply the process by which an individual is paying or process of paying back a loan in equal monthly installments.The process of retiring a debt or recovering a capital investment through scheduled, systematic repayment of the principal is not that complicated.

The two ways involved in amortization is the straight line and the effective interest method of amortization.

Straight-line method of amortization is measured by the passage of time, and is the same amount for each year of the assets useful life.


Related Questions

Which of the following expenses should be included in your budget?

A) Clothing allowance
B) Entertainment (ex. going to the movies)
C) Gas/travel
D) All of these

Answers

Answer: D

Explanation: You need all of these things in your life. If you spend wisely you can get what you want AND the things that you need.

Which of the following it NOT a position in the Administrative Support pathway?

A. Teacher

B. Medical Transcriptionist

C. Receptionist

D. Administrative Assistant

Answers

Teacher is not a position in the Administrative Support Pathway. The administrative support pathway covers careers that assist corporate operations through a range of administrative and clerical tasks, such as project management, data processing and gathering, and information and communication management.

The administrative support assistant assists with a number of academic or administrative units' general administrative duties, such as answering phones, serving customers, workers, or visitors, creating documents and reports, gathering records, setting up meetings, and arranging. Therefore, teacher is not considered to be a part of it.

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If a country engages in international trade to gain access to natural resources, they

Answers

Answer:

4578754445765567854456765455675567

6) True or False: People tend to care about old news more than they do new news.

7) True or False: The following are aspects of what it means to be newsworthy: proximity,

Answers

6) False. People tend to care more about old news than new news.

7) True. The following are aspects of what it means to be newsworthy: proximity, timeliness, immediate, and current information.

What is news?

News is a report of information about current events.

News can come from the following sources or media:

NewspaperTelevisionRadioInternetGrapevine.

What are the characteristics of newsworthy news?

For news to be newsworthy, attention-grabbing, and effective, it must possess the following features:

TimingProximitySignificanceHuman interestNoveltyProminence.

News editors and casters use creative and catchy headlines to get listeners and readers to pay attention to their news broadcasts.

Thus, people do not care about old news as they do about new news.

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Which of these are considered advantages of small business ownership? Check all that apply.
Employees depend on you for their livelihood.
You don't report to anyone else.
Control of your own schedule.
Personal satisfaction from your success.

Answers

The following are considered advantages of small business ownership:

You don't report to anyone else.Control your own schedule.Personal satisfaction from your success.

The Benefits of Owning a Small Business:

Control and independence: As a business owner, you have complete control over your revenue, spending, and debt. All crucial decisions are made by you. You are unconcerned by the vagaries of office politics.Freedom and Way of Life: You may work when and where you choose and establish your own hours. If you value family time, you may wish to run your business from home to save a commute. Your company may be a complete manifestation of who you are. Owning your own business, particularly for women, may provide the lifestyle freedom required to raise a family while also having a successful job. Due to a lack of job possibilities and a preference for lifestyle over money, millennials who grew up with computers have resorted to entrepreneurship. Countless Financial Advantages: Assuming you have a high financial risk tolerance, there is no limit to the quantity of sales and profits your firm may generate; and by running your own business, you gain from your own hard work. You may decide to raise and leverage money for your new firm through investor financing rather than your own.Personal Satisfaction, Growth, and Creative Freedom: As a business owner, you should be doing something you like. You may create something that will become part of your legacy, and you can turn your talents, hobbies, and passions into revenue. Finally (and with a little luck), you'll earn personal gratification from executing your ideas, working directly with consumers, and watching your firm thrive.Tax Advantages: Most nations' tax regulations are designed to decrease the taxes paid by business owners, and almost all business costs are often deductible, lowering a company's taxable revenue. Gains are frequently subject to reduced long-term capital gains taxes.

Hence, the answer is as mentioned above.

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Which of the following is NOT important to consider when choosing a career?

a
Your values

b
Your interests
c
Your skills
d
Your desired future lifestyle
e
All of the above are important to consider when choosing a career

Answers

Answer:

D. Your desired future lifestyle.

Why? Because you don't need your desired future lifestyle to be in mind as you choose your career. However, if it is not correct, then I think it would be E. All of the above are important to consider when choosing a career.

Explanation:

If it's wrong, I'm truly sorry, but I believe it is correct. Please give me Brainliest, but you don't have to if you don't want to. Thank you.


Latosha's department has been introducing new goods and services on a rapid-fire basis over the past two years. However, business is down, largely
because customer feedback on the usefulness, reliability, and durability of the new goods and services is negative. Latosha's division manager, Viceroy,
reviews the situation and concludes that the innovation of Latosha's department is good; however,
is poor.

Answers

Bill's department has been introducing new goods and services on a rapid-fire basis over the past two years However business is down largely because customer feedback on the usefulness reliability and durability of the new goods and services is negative. Bill's division manager Anne, reviews the situation. Anne concludes that the innovation of Bill's department is good however Quantity is poor.

A bill payment service is usually a free feature of a bank account usually a checking account. After you sign up and provide your billing provider information to your bank, your bank will pay your bills on time and deduct the bill payment from your account balance. Examples of utilities include electricity, water, and gas.

Depending on how you define your utilities, you could also add sewage garbage recycling television internet phone and streaming services to this list.  your phone bill your electricity bill. Telephone charges are generally considered utility charges. However, this only refers to fixed networks and not mobile phones. The bills issued by telephone companies are utility bills, and they provide services to the public in the same way that electric utilities do.

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Which payment method is actually a way of borrowing money that has to be paid back later?
Debit
Credit card
Cash
checks

Answers

Credit Card
_____________
Credit card because you’re borrowing money from the bank

How does free trade promote prosperity?

Answers

The way that free trade helps to promote prosperity is that the nations that trade freely with each other would have faster growth, be more innovative and also be able to provide more opportunities for the people in their nations.

What is free trade?

This is the term that is used to refer to the removal of trade barriers that would help nations to be able to engage in economic activates with one another. This is one of the ways that nations are able to get themselves to grow. This would be transfer of goods and services without any forms of restrictions between the different countries.

Hence we can conclude that The way that free trade helps to promote prosperity is that the nations that trade freely with each other would have faster growth, be more innovative and also be able to provide more opportunities for the people in their nations.

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Which form of advertising is the most dominant medium?

Answers

Answer: Local Broadcasting is Still the Most Dominant Medium.

Explanation:

Television and the local broadcasting are the form of advertising is the most dominant medium.

What is advertising?

The term “advertising” refers to the part of marketing communication. Advertising is a promotional tool used to attract and inform consumers about available products and services. The main objective of the advertisement is to promote a product or service being purchased by the target audience.

A mass communication medium known as “television is used here.  A variety of channels, including news, sports, music, and movie channels, are available on television. Television and the local broadcasting are the dominant medium of advertising are the influenced to the public. The local broadcasting are the influenced the audience are the purchased the product.

As a result, the television and the local broadcasting are the form of advertising is the most dominant medium.

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Money made from the sale of a good or service is called

Loss

Expenses

Revenue

Salary

Answers

Revenue

Loss and expenses are money lost, not made
A salary is what you pay a worker

11. Movements along versus shifts of supply curves
Consider the market supply of cereal.
Complete the following table by indicating whether an event will cause a movement along the supply curve for cereal or a shift of the supply curve
for cereal, holding all else constant.
Event
An increase in the price of cereal
A decrease in the price of oats (used in the production of cereal)
A change in expectations about the future price of cereal

Answers

An increase in the price of cereal  -  Movement along the curve

A change in technology that makes it more costly to produce cereal - Shift in the supply curve. The supply curve will shift left because increase in the production cost of cereal.

A change in expectations about the future price of cereal - Shift in the supply curve.

Supply curve, in economics, photo illustration of the relationship between product rate and quantity of product that a supplier is inclined and able to supply. Product fee is measured on the vertical axis of the graph and quantity of product provided at the horizontal axis.

The supply curve is upward sloping due to the fact, through the years, providers can select how an awful lot in their goods to provide and later convey to market.

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Which of the following are trade-offs faced by a company president deciding whether to open a new factory? Check all that apply.
The firm can either open a new factory or upgrade existing equipment.
The firm can either open a new factory or expand its current factory.
The firm can either pay out more of its profit to shareholders or earn additional profit next year by increasing production.

Answers

The one challenge that trade-offs are faced by a company president deciding whether to open a new factory is option B. The firm can either open a new factory or expand its current factory. The correct answer is option B.

What is trade-off?

A trade-off is a conditional decision that requires reducing or losing one quality, quantity, or property of a set or design in return for gains in other aspects. In simple terms, a tradeoff is where one thing florishes, and another must decrease.

Therefore, the correct answer is as given above.

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A student took the state examination at the testing center and failed. She wants to review the test and see what answers she provided. She knows that she can review the exam within two years of the date of the examination, and she makes an appointment to do so. Will she be able to review the entire exam?

Answers

Yes. Because she is attempting the test inside the legally permitted two-year window, she will have time to revisit the entire thing.

What is a test?

A test can be defined as the procedure in which various people are asked questions about various topics.

As a student took the test, it was constituted that the person have filled the test, but she still wanted to review the test to see what all were the mistake, she can access it as there is a Window for 2 years.

the people can see all where the mistake that they have made and can treat you accordingly, but after 2 years the test won't be available according to the policy.

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Partial income statements of Schneider Products Inc. are reproduced below: 2019 $50,000 20,000 $30,000 2020 $50,000 23,000 $27,000 Sales Cost of goods sold Gross profit The 2019 ending inventory was overstated by $2,000 during the physical count. The 2020 physical inventory count was done properly. Required: 1. Calculate the impact of this error on the gross profit calculated for 2019 and 2020. 2. What is the impact of this error on total assets at the end of 2019 and 2020? Net assets?

Answers

Answer:291929

Explanation:

Which of the following best describes DECA?
O A. An organization whose mission has two parts: promoting careers
in the health care field and enhancing the delivery of quality health
care to all
о B. An association of high school students with a focus in marketing,
business, finance, hospitality, and management
OC. An association of high school students with a strong focus on
incorporating technology skills into business and future careers
OD. An organization that uses programs and service activities to
promote leadership, citizenship, and academic and technology
skills

Answers

The DECA is best described as an "association of high school students with a focus in marketing, business, finance, hospitality, and management".

The Distributive Education Clubs of America (DECA) refers to a non-profit organization that is classified as a Career and Technical Student Organization (CTSO). It has members all over the world, from the United States, to Canada, to China, to Germany, to Polan, and Mexico. Its programs are authorized by the US Congress and the Department of Education.

The programs of DECA are designed to meet the interests and learning styles of each student. It comprises the High School Division, and the Collegiate Division.

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Companies persist with ineffective ads for many reasons. The belief that, if they don't advertise as much as their competitors they will not succeed, is called:
Group of answer choices

competitive pressure

conflict of interest

incentive system

prisoner's dilemna

Answers

The belief that, if they don't advertise as much as their competitors, they will not succeed, is called competitive pressure. Thus, option A is correct.

What is Companies?

A company can be defined as commercial business organization who has a separate legal entity which has its owner, they are texting financial liability who work in order to earn money.

As in the present time there are a lot of people who are in a competition business, therefore it is necessary the even though business advertisement is not doing well to keep it on it as it would create a sense of establishment in the economic market for the firm.

This would create a sense of competition in the market. Therefore, option A is the correct option.

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Which of the following is not a recommended way of being prepared for class?

A) sitting up straight
B) sitting next to your best friend
C) reviewing the syllabus
D) Opretending to be a reporter

Answers

Answer:

b. Sitting next to your best friend

Explanation:

B)sitting next to your best friend

John looks at his budget and notices that, because of additional expenses this month, he will be unable to pay all of his bills. He is thinking about getting a cash advance but isn’t sure. What should John do? Go for it. Get a cash advance. Apply for a loan. Ask his friends for advice. Find reliable and relevant information, or possibly visit a representative from the bank to find out about special fees.

Answers

John is unable to pay all of his bills, so he is thinking about getting a cash advance but he is not sure. So he should find reliable and relevant information and possibly visit a representative from the bank to find out about special fees.

Cash advances allow the cardholders in order to borrow money against their existing credit line. Also, cash advances tend to have a higher interest rates than typical credit card purchases.

So if John is unable to pay all of his bills for the current month, he can find reliable and relevant information about cash advances by visiting a bank representative and also finding out about the special fees.

Hence, option E is correct.

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COMPLETE ANSWER
THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST.

PLSS ANSWER ASAP.

Direction: Identify the following. Write Strength, Weakness, Opportunities orThreat on the line.

1. Weak Leadership -
2. Strong Competition-
3. Popular Brand -
4. Competitive Salary-
5. Incompetent Manager-
6. Wide Range of Customers -
7. Reasonable Price -
8. Money Devaluation -
9. Unskilled Workers-
10. High Cost of Importation of Raw Materials -​ ​​ ​

Answers

On the line, indicating Strength, Weakness, Opportunities, or Threat.

1. Weak Leadership - weakness

2. Strong Competition- opportunity

3. Popular Brand - strength

4. Competitive Salary- strength

5. Incompetent Manager- weakness

6. Wide Range of Customers - opportunity

7. Reasonable Price - opportunity

8. Money Devaluation - threat

9. Unskilled Workers- weakness

10. High Cost of Importation of Raw Materials -​ ​​ ​weakness

Why Perform a SWOT Analysis?

SWOT analysis, which stands for Strengths, Weaknesses, Opportunities, and Threats, is a method for evaluating these four components of your company. With the aid of a SWOT analysis, you can determine what your business performs well right now and create a winning strategy for the future.

Your company's internal strengths and weaknesses are factors over which you have some control and which you can make changes. Examples include your team members, your intellectual property and patents, and your location. Threats and opportunities come from events outside of your business, in the wider market.

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Sven lives in Norway. Although the government owns some major industries, Sven does own and operate a small bakery. In addition, the government provides social programs for its citizens, like health insurance, social security, and pensions. Norway's economic system is


capitalism.

communism.

autocracy.

mixed.

socialism.

Answers

Based on the fact that Sven still owns a small bakery and the government owns some major industry, Norway's economic system is Mixed.

What is a mixed economy?

A mixed economy is one that has both elements of a capitalist economy and a socialist economy.

This means that the government can own some industries and companies in the economy, but citizens are still able to own private companies and property like Sven in Norway.

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Find the monthly payment necessary to amortize the following home mortgages.

$314,900, 6 3/4%, 15 years

Answers

Answer: $ 2786.58

Explanation:

P = $314,900

r = 6 3/4% per year = 6.75% / 12 months = 0.0675 / 12 = 0.005625 per period

n = 15 years = 15 × 12 months = 180 total periods

Ammortizaion formula is given as:

A = [P(1 + r)^n / (1 + r)^n - 1

where,

A = amount paid per period

P = Initial Principal

r = Interest rate

n = Number of periods

Slotting in the values, we would have a monthly payment of $ 2786.58

True or False: An important part of the motivation of Advocacy in PR is the concept of status conferral.

Answers

The statement, an important part of the motivation of advocacy in PR is the concept of status conferral, is true.

Public relations (PR) is about managing the perceptions that how people will think about your business. Thus, it aims in order to increase the awareness, attract customers, and improve business reputation.

PR is involved with the recruitment of the volunteers for the non profits, new hires, etc. So today's recruiters mostly use the  social networking sites. Thus, the PR companies consider it as a major achievement in order to get their client or organization recognized on a big scale status conferral.

Hence, the statement is true.

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The communication process begins with a messenger, also known as the person who receives the message.

Answers

The given statement is false. The correct statement is given below:

The communication process begins with a messenger, also known as the person who sends the message to the receiver.

Communication is important to the lifestyles and survival of human beings as well as to a business enterprise. it's miles a way of making and sharing thoughts, information, perspectives, statistics, and feelings from one vicinity, man or woman, or organization to another. communique is the crucial component of the Directing characteristic of manipulation. communique is the act of giving, receiving, and sharing statistics -- in different words, speaking or writing, and listening or studying. precise communicators pay interest carefully, communicate or write clearly, and respect awesome evaluations.

Anyone has a unique verbal exchange fashion, a manner in which they interact and change facts with others. There are four easy conversation patterns: passive, aggressive, passive-competitive, and assertive.

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On November 1, 20Y9, Lexi Martin established an interior decorating business, Heritage Designs. During the month, Lexi completed the following transactions related to the business:
Nov. 1 Lexi transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $27,200.
1 Paid rent for period of November 1 to end of month, $4,000.
6 Purchased office equipment on account, $12,820.
8 Purchased a truck for $30,800 paying $6,900 cash and giving a note payable for the remainder.
10 Purchased supplies for cash, $1,650.
12 Received cash for job completed, $8,000.
15 Paid annual premiums on property and casualty insurance, $2,300.
23 Recorded jobs completed on account and sent invoices to customers, $12,000.
24 Received an invoice for truck expenses, to be paid in November, $1,190.
Enter the following transactions on Page 2 of the two-column journal:
Nov. 29 Paid utilities expense, $3,560.
29 Paid miscellaneous expenses, $1,800.
30 Received cash from customers on account, $7,500.
30 Paid wages of employees, $4,750.
30 Paid creditor a portion of the amount owed for equipment purchased on November 6, $6,230.
30 Paid dividends, $2,000.

General Journal?
General Ledger?
Unadjusted Trial Balance?

Answers

Answer:

Explanation:

(1) Journalizing the Transactions:-

Heritage Designs

General Journal

For the Month of November,20Y9

Date Accounts Debit Credit

Nov. 1 Cash $50,000

Common Stock  $50,000

Nov. 1 Rent Expense $4,000

Cash  $4,000

Nov. 6 Office Equipment $15,000

Accounts Payable  $15,000

Nov. 8 Truck $38,500

Cash  $5,000

Notes Payable  $33,500

Nov. 10 Supplies $1,750

Cash  $1,750

Nov. 12 Cash $11,500

Fees Earned  $11,500

Nov. 15 Prepaid Insurance $2,400

Cash  $2,400

Nov. 23 Accounts Receivable $22,300

Fees Earned  $22,300

Nov. 24 Truck Expense $1,250

Cash  $1,250

Nov. 29 Utilities Expense $4,500

Cash  $4,500

Nov. 29 Miscellaneous Expense $1,000

Cash  $1,000

Nov. 30 Cash $9,000

Accounts Receivable  $9,000

Nov. 30 Wages Expense $6,800

Cash  $6,800

Nov. 30 Accounts Payable $3,000

Cash  $3,000

Nov. 30 Dividends $2,500

Cash  $2,500

(2) Posting the each Transaction into General Ledger:-

Cash

Date Items Debit Credit Balance

Nov. 1 Common Stock $50,000  $50,000

Nov. 1 Rent Expense  $4,000 $46,000

Nov. 8 Truck  $5,000 $41,000

Nov. 10 Supplies  $1,750 $39,250

Nov. 12 Fees Earned $11,500  $50,750

Nov. 15 Prepaid Insurance  $2,400 $48,350

Nov. 24 Truck Expense  $1,250 $47,100

Nov. 29 Utilities Expense  $4,500 $42,600

Nov. 29 Miscellaneous Expense  $1,000 $41,600

Nov. 30 Accounts Receivable $9,000  $50,600

Nov. 30 Wages Expense  $6,800 $43,800

Nov. 30 Accounts Payable  $3,000 $40,800

Nov. 30 Dividends  $2,500 $38,300

Accounts Receivable

Date Items Debit Credit Balance

Nov. 23 Fees Earned $22,300  $22,300

Nov. 30 Cash  $9,000 $13,300

Supplies

Date Items Debit Credit Balance

Nov. 10 Cash $1,750  $1,750

Prepaid Insurance

Date Items Debit Credit Balance

Nov. 15 Cash $2,400  $2,400

Equipment

Date Items Debit Credit Balance

Nov. 6 Accounts Payable $15,000  $15,000

Truck

Date Items Debit Credit Balance

Nov. 8 Cash $5,000  $5,000

Nov. 8 Notes Payable $33,500  $38,500

Notes Payable

Date Items Debit Credit Balance

Nov. 8 Truck  $33,500 $33,500

Accounts Payable.

Date Items Debit Credit Balance

Nov. 6 Equipment  $15,000 $15,000

Nov. 30 Cash $3,000  $12,000

Common Stock

Date Items Debit Credit Balance

Nov. 1 Cash  $50,000 $50,000

Dividends

Date Items Debit Credit Balance

Nov. 30 Cash $2,500  $2,500

Fees Earned

Date Items Debit Credit Balance

Nov. 12 Cash  $11,500 $11,500

Nov. 23 Accounts Receivable  $22,300 $33,800

Wages Expense

Date Items Debit Credit Balance

Nov. 30 Cash $6,800  $6,800

Rent Expense

Date Items Debit Credit Balance

Nov. 1 Cash $4,000  $4,000

Utilities Expense

Date Items Debit Credit Balance

Nov. 29 Cash $4,500  $4,500

Truck Expense

Date Items Debit Credit Balance

Nov. 24 Cash $1,250  $1,250

Miscellaneous Expense

Date Items Debit Credit Balance

Nov. 29 Cash $1,000  $1,000

(3) Preparing Unadjusted Trial Balance:-

Heritage Designs

Unadjusted Trial Balance

November 30,20Y9

No. Accounts Title Debit Credit

1 Cash $38,300

2 Accounts Receivable 13,300

3 Supplies 1,750

4 Prepaid Insurance 2,400

5 Equipment 15,000

6 Truck 38,500

7 Notes Payable  $33,500

8 Accounts Payable  12,000

9 Common Stock  50,000

10 Retained Earnings  0

11 Dividends 2,500

12 Fees Earned  33,800

13 Wages Expense 6,800

14 Rent Expense 4,000

15 Utilities Expense 4,500

16 Truck Expense 1,250

17 Miscellaneous Expense 1,000

Totals $129,300 $129,300

(4) Determining the excess of revenues over expenses for November:-

Preparing Income Statement:-

Heritage Designs

Income Statement

For the Month Ended November 30,20Y9

Accounts Amount Amount

Fees Earned  $33,800

Less:- Expenses  

Wages Expense $6,800

Rent Expense 4,000

Utilities Expense 4,500

Truck Expense 1,250

Miscellaneous Expense 1,000

Total Expenses  $(17,550)

Revenues over Expenses  $16,250

Revenues over expenses for the month of November is $16,250.

(5) The amount determined in (4) might not be the net Income for November Because necessary adjustments to Expenses, like Depreciation has not made. So the amount not net Income for November.

COMPLETE ANSWER
THE ANSWER TO THE QUESTION IS I'M GOING TO VOTE BRAINLIEST.

PLSS ANSWER ASAP.

Direction: Identify the following. Write Strength, Weakness, Opportunities orThreat on the line.

1. Weak Leadership -
2. Strong Competition-
3. Popular Brand -
4. Competitive Salary-
5. Incompetent Manager-
6. Wide Range of Customers -
7. Reasonable Price -
8. Money Devaluation -
9. Unskilled Workers-
10. High Cost of Importation of Raw Materials -​ ​

Answers

Strength, Weakness, Opportunities, or Threat is displayed on the line.

1. Weakness in weak leadership

2. Opportunity despite Strong Competition

3. strength is well-known brands

4. Strength is Salary Competition

5. Unqualified Manager - flaw

6. Numerous Customers - Possibility

7. Reasonable Cost - Chance

8. The threat of money devaluation

9. Weakness: Unskilled Workers

10. A weakness is the high cost of importing raw materials.

What is SWOT analysis and what does it look like?

A framework known as a SWOT analysis is used to identify and evaluate an organization's strengths, weaknesses, opportunities, and threats. The acronym SWOT is composed of these words. SWOT analysis's main objective is to raise awareness of the elements that influence business decisions and the formulation of business strategies.

SWOT (strengths, weaknesses, opportunities, and threats) analysis is a technique for determining and assessing internal strengths and weaknesses as well as external opportunities and threats that have an impact on present and future operations and aid in the development of strategic goals.

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Big Blue Rental Corporation provides rental agent services to apartment building owners. Big Blue Rental Corporation’s preliminary income statement for August 2022 and its August 31, 2022, preliminary balance sheet did not reflect the following: Rental commissions of $690 had been earned in August but had not yet been received from or billed to building owners. When supplies are purchased, their cost is recorded as an asset. As supplies are used, a record of those used is kept. The record sheet shows that $550 of supplies were used in August. Interest on the note payable is to be paid on May 31 and November 30. Interest for August has not been accrued—that is, it has not yet been recorded. (The Interest Payable of $100 on the balance sheet is the amount of the accrued liability at July 31.) The interest rate on this note is 10%. Wages of $450 for the last week of August have not been recorded. The Rent Expense of $1,590 represents rent for August, September, and October, which was paid early in August. Interest of $470 has been earned on notes receivable but has not yet been received. Late in August, the board of directors met and declared a cash dividend of $4,700, payable September 10. Once declared, the dividend is a liability of the corporation until it is paid. Required: Using the columns provided on the income statement for Big Blue Rental Corporation, make the appropriate adjustments or corrections to the statements, and enter the correct amount in the Final column. (Hint: Use the five questions of transaction analysis.) Using the columns provided on the balance sheet for Big Blue Rental Corporation, make the appropriate adjustments or corrections to the statements, and enter the correct amount in the Final column. (Hint: Use the five questions of transaction analysis.)

Answers

Answer:

Explanation: Big Blue Rental Corp. provides rental agent services to apartment building owners. Big Blue Rental Corp.’s preliminary income statement for August 2016 and its August 31, 2016, preliminary balance sheet did not reflect the following:

Rental commissions of $1,500 had been earned in August but had not yet been received from or billed to building owners.

When supplies are purchased, their cost is recorded as an asset. As supplies are used, a record of those used is kept. The record sheet shows that $1,080 of supplies were used in August.

Interest on the note payable is to be paid on May 31 and November 30. Interest for August has not been accrued—that is, it has not yet been recorded. (The Interest Payable of $240 on the balance sheet is the amount of the accrued liability at July 31.) The interest rate on this note is 10%.

Wages of $780 for the last week of August have not been recorded.

The Rent Expense of $3,060 represents rent for August, September, and October, which was paid early in August.

Interest of $840 has been earned on notes receivable but has not yet been received.

Late in August, the board of directors met and declared a cash dividend of $8,400, payable September 10. Once declared, the dividend is a liability of the corporation until it is paid.

Josiah started a new business venture five years ago. The business allows them
to work from anywhere as long as they have an Internet connection. Josiah is
able to pursue their love for travel without sacrificing their career. Which type
of entrepreneur best describes Josiah?

Answers

The small business type of entrepreneur best describes Josiah.

This kind of entrepreneurship refers to any form of small enterprise that has been created with the aid of one character, without the goal to enlarge or franchise.

Small business entrepreneurship is often whilst a person owns and runs their own commercial enterprise. They typically lease nearby employees and family participants. neighborhood grocery stores, hairdressers, small boutiques, specialists and plumbers are a part of this class of entrepreneurship.

Small business entrepreneurship is the concept of beginning a enterprise with out turning it right into a massive conglomerate or commencing many chains. A single-area eating place, one grocery shop, or a retail store to promote your handmade items might all be an example of small commercial enterprise entrepreneurship.

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Answer:

lifestyle entrepreneur

Explanation:

Just got it

You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.08 and the total portfolio is equally as risky as the market, what must the beta be for the other stock in your portfolio?

Answers

Answer: 0.92

Explanation:

Beta is a measure of riskiness and Market beta is always 1.

The total portfolio therefore has a beta of 1.

Portfolio Beta is weighted average of the betas of the composite stocks.

The stocks are equally invested in so their weights are 0.5.

Assume the beta needed is x.

(0.5 * 1.08) + (0.5 * x) = 1

0.54 + 0.5x = 1

0.5x = 1 - 0.54

x = 0.46/0.5

= 0.92

A team leader sees that a colleague is struggling to finish a project because he has his son’s upcoming biopsy on his mind. She sits down to ask him how he is feeling about the procedure. This is an example of consideration behavior. true or false?

Answers

It is true that if a A team leader sees that a colleague is struggling to finish a project because he has his son’s upcoming biopsy on his mind. this is a consideration behavior.

What is a consideration behavior?

This is the term that is used to refer to all of the behaviors that can be considered to be supportive and also friendly to other people. This is the person that seeks and tries to understand other people.

Hence the way that the leader goes about to talk to the colleague on the issue that he is facing in his family tells us that she is a considerate person.

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