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2 years ago

As of 2015, the largest portion of advertising agency revenue came from creating for ______.

1 answer:

6 0

This was for digital media. With items like cell phones and tablets being the main forms of communication and information in the current digital age, advertising for and through these products brings in much more money than traditional paper methods.

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Novak Corp. redeemed $134,000 face value, 10% bonds on April 30, 2022, at 103. The carrying value of the bonds at the redemption

Fittoniya [83]

Answer:

bonds payable 134,000 debit

loss on redemption 17,018 debit

cash 138,020 credit

discount on bonds payabke 12,998 credit

Explanation:

redemption disbursement:

face value x redemption quote

134,000 x 103/100 = 138,020

carrying value: 121,002

loss at redemption 17,018

We are using 138,020 cash(asset) to pay a liability for 121,002

discount/premium on the bonds:

face value 134,000

carrying value 121,002

discount: 12,998

In the journal entry we must write-off the bond payable and the discount. Then, declare the loss at redemption and the cash used.

3 0

2 years ago

Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Stan

Lady bird [3.3K]

Answer:

$10,400 Favorable

Explanation:

The computation of labor efficiency variance for June is shown below:-

For computing the labor efficiency variance for June first we need to find out the standard hours

Standard hours = 0.5 hours per unit × 3,100 units

= 1,550 hours

Now, we will put it into formula

Labor efficiency variance = (Standard hours - Actual hours) × Standard rate

= (1,550 - 510) × $10

= $10,400 Favorable

Therefore for computing the labor efficiency variance for June we simply applied the above formula.

7 0

2 years ago

Blink Dream has four strategic business units (SBUs)—accommodation, insurance, music, and publishing. Its publishing unit has al

spayn [35]

Answer: The options are given below:

A) Dogs

B) Question marks

C) Stars

D) Cash cows

The correct option is D. Cash cows.

Explanation:

Products that are in slow-growing markets, but for which the company has a relatively large market share are considered Cash Cows, and it is expected of the company to milk the cash cow for as long as it can.

Cash cows, are typically leading products in markets that are mature.

Generally, a product that is designated as a Cash Cow will generate returns that are higher than the market's growth rate and sustain itself from a cash flow perspective.

The product should be taken advantage of for as long as possible. The value of cash cows can be calculated easily because their cash flow patterns are highly predictable.

In summary therefore, low-growth, high-share Cash Cows should be continuously milked for cash in order to reinvest in high-growth, high-share Stars that have a high future potential.

4 0

2 years ago

You have just signed a contract to purchase your dream house. The price is $120,000 and you have applied for a $100,000, 30-year

d1i1m1o1n [39]

Answer:

a. 567.7890013

b.200

c.767.7890013

d.15.356%

e.23.356

Explanation:

Please see attachment .

Download pdf

3 0

2 years ago

For the year ended December 31, year 3, Colt Corp. has a loss carryforward of $180,000 available to offset future taxable income

Reika [66]

The answer is 234,000

5 0

2 years ago