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LenaWriter [7]
2 years ago
6

Randy Guerrero wants to buy a home in Atherton, California, where the price of an average house is over $1 million. He is saving

his money by not going on vacations, keeping his old car, and minimizing all other expenses. As a result, he has $300,000 in the bank, and he will soon have a healthy 40% down payment for his new home.
a. self management

b. relationship management

c. social awareness

d. self awareness
Business
1 answer:
andreyandreev [35.5K]2 years ago
5 0

Answer:

a. self management

Explanation:

Self management -

It is the method by which the human being , manage his or her work , task , goal and expenses , in order to complete the activity on time , is referred to as self management .

This process enables to accomplish the goal with proper strategy and plan .

Hence , from the question,  

Randy collects amount for his new home by saving from his income , showing the method of self management.

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The following information is related to Kingbird Company for 2020.
Over [174]

Answer:

Attached is the solution:

4 0
1 year ago
On January 2, 20X4, West Co. issued 9% bonds in the amount of $500,000, which mature on January 2, 20X24. The bonds were issued
ehidna [41]

Answer:

$470,425

Explanation:

The computation of the amount reported as bond payable is shown below:

<u>Particulars  Interest at 4.5% Interest at 5%  Amortized  UnAmortized  CV</u>

<u>                                                                             discount     discount </u>

Starting value                                                                        $30,500  $469,500    

                                                              ($500,000 - $469,500)  

June 30         $22,500         $23,475                $975        $29,525  $470,425

  ($500,000 × 4.5%)            ($469500 × 5%)

The six months rate would be the half of the rates given in the question

5 0
1 year ago
On January 1, a company borrowed cash by issuing a $300,000, 5%, installment note to be paid in three equal payments at the end
Stella [2.4K]

Answer & Explanation:

1- What would be the amount of each installment?

The principal to be paid in each instalment = $300,000/3 = $100,000

1st instalment = $300,000*5% + $100,000 = $115,000

2nd instalment = $200,000*5% + $100,000 = $110,000

3rd installment = $100,000*5% +$100,000 = $105,000

2- Prepare an amortization table for the instalment note.

Please see excel in attachment  

3- Prepare the journal entry for the second installment payment.

Debit loan payables account: $100,000

Debit Interest expenses: $10,000

Credit cash: $110,000

Download xlsx
5 0
1 year ago
At the beginning of the year, Parent Company purchased all 500,000 shares of Sub Incorporated for $15 per share. Just before the
Free_Kalibri [48]

Answer:

The amount of goodwill that Parent should report as a result of its acquisition of a Sub is $500,000

Explanation:

The calculate of the goodwill of a company at its acquisition you have to subtract the total fair market value of its assets and liabilities from the price paid.

For this case:

Price of purchase: 500,000 shares at $15 per share that is $7,500,000

Fair market value of its assets and liabilities is $7,000,000 ($6,000,000 + $1,000,000) The value of net assets reported by Sub's + $1,000,000 extra determined by parets as fair value.

$7,500,000 - $7,000,000 = $500,000

5 0
2 years ago
Tentacle Television Antenna Company provided the following manufacturing costs for the month of June. Direct labor cost Direct m
Temka [501]

Answer:

C. $65,800

Explanation:

Fixed csot: those which do not change for a relevant range with the production output. They aer constant.

Factory insurance                  21,000        

Factory insurance                  13,000

Factory manager's salary     10,800

Janitor's salary                        5,000

Property taxes:                 <u>      16,000  </u>

    Total Fixed Cost:             65,800

The direct materials and direct labor are variable cost as they drop to zero if no unit is produced.

Same goes with packaging cost, if no unit is produced then, no packagin is needed.

6 0
2 years ago
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