Answer:
there are no options, but the journal entry should be:
Dr Cash 2,500
Dr Investment in bonds 350
Cr interest revenue 2,850
Explanation:
Since the bonds' carrying value is less than the face value, it means that Gardner Company purchased them at a discount. When the bonds were purchased, the investment in bonds account's balance was not $100,000 (the par value), instead it was recorded at the lower amount at which they were purchased. As coupon payments are received, the discount on the bonds is amortized and their carrying value should increase until it reaches par value on maturity date.
Answer:
PV of lease annuity is $25000
Explanation:
As the paymengt will be made at the end of the year, the annuity is an ordinary annuity. We will calculate the present value of the ordinary annuity using the following formula,
PV Annuity = PMT * [( 1 - (1+r)^-n) / r]
Where,
- PMT is periodic payment
- r is discount rate per peiod
- n is number of periods
Thus,
PV of annuity = 3895.5 * [( 1 - (1+0.09)^-10) / 0.09]
PV of annuity = $24999.985 rounded off to $25000
Answer:
The answer is C. Safety and security needs
Explanation:
The safety and security needs is one of the needs in the Abraham Maslow's hierarchy of needs that stated five tiers of human needs.
He opined that the safety and security needs is the second level of needs to be satisfied by an individual after the physiological needs.
The safety and security needs includes personal security, employment, resources, health, property.
So definitely, the decision may cause employees to become greatly concerned about safety and security needs.
Answer:
The first dramatic swing happened in the 1970s when there was a sharp <em><u>rise</u></em> in the real price of oil caused by the <em><u>formation of OPEC.</u></em>
In 1973, the World saw it's first oil spike when members of the Organization of Oil Exporting Countries (OPEC) being mostly Muslims, decided to punish the Western World for their perceived support of the Israelis in the Yom Kippur War. They placed an embargo on the sale of oil to the West and because they controlled 56% of the then World supply, this was enough to force the price of oil up due to the reduction in demand.
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The second swing happened in the 2000s when there was a sharp <em><u>rise</u></em><u> </u>in the real price of oil caused by <em><u>increased demand from emerging economies.</u></em>
From the early 2000s to 2008, the price of oil kept rising steadily till it reached around $147.30 in July 2008. This rise in prices was due to increased demand from newly industrialized and emerging nations like China that needed the oil to maintain their rapid growth.
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The most recent swing happened in 2008 when there was a sharp <em><u>drop</u></em><em> </em>in the real price of oil caused by<em> </em><em><u>a large financial crisis.</u></em><em> </em>
By December 2008, the price of oil had fallen to $32 and this was down to the global recession that was ravaging the World known as the Great Recession. As the world saw economic output fall, demand for oil decreased sharply thereby forcing the price of oil to fall dramatically.
Answer:
The technology is a support activity in a firm's value chain.
Explanation:
Value chain analysis means the analysis which adds the value to the organization. It can be categorized in two activities - primary activities and support activities. This value chain analysis is propounded by Porter.
The primary activities includes inbound & outbound logistics, operations, Marketing & sales and service whereas support activities includes firm infrastructure, human resource management, technology , and procurement.
Thus, the technology is a support activity in a firm's value chain.