Answer:
December 31, 2018, bonds are issued
Dr Cash 461,795
Cr Bonds payable 450,000
Cr Premium on bonds payable 11,795
amortization expense per coupon = $11,795 / 6 coupon payments = $1,965.83
June 30, 2019, first coupon payment
Dr interest expense 18,284.17
Dr Premium on bonds payable 1,965.83
Cr Cash 20,250
The amortization of the premium on bonds payable decreases the interest expense.
Answer:
easement was created of necessity
Explanation:
In the situation being described the easement was created of necessity. An easement of necessity refers to the right of an individual to use the property of another due to there being no access to a public right of way to and from the individual's own property, just like in this scenario. Since Jim has no other way of getting to and from his home then he has a necessity of passing through his neighbor's property.
Answer:
geocentric
Explanation:
The staffing policy which which seeks for staffing the best people for main jobs throughout the organization, regardless of their nationality is called geocentric policy. It is very much compatible to any international strategy but there can be some resentments in the host country due to cultural myopia.
There can be also lack of some management transfers from the home country to the host countries also from the host to home. There can be lack of integration also.
Answer:
A. identify potential new acquisition candidates that are cash cows (as opposed to cash hogs).
Explanation:
The success of unrelated diversification is contingent upon management's ability to identify potential new acquisition candidates that are cash cows (as opposed to cash hogs).
A cash cow business produces large internal cash flows over and above what is needed to build and maintain the business whereas the internal cash flows of a cash hog business are too small to fully fund its operating needs and capital requirements.