Accounting standards prescribed by generally accepted accounting principles (gaap) are important because they:_____.

The journal entry to record the transaction on January 1 2020 :

Cash A/c Dr.  5304000

    To Bonds Payable A/c                       5200000

    To Premium on Bonds Payable A/c     104000

(Being Interest payable annually on the bond issued by Concord Corporation)

The cash is debited in the foregoing journal entry because it increased assets, and the bond payable and premium on bond payable are credited because they increased liabilities.

WORKING NOTES :

Assume that the face value of bonds is $100 per bond, however it is mentioned that it is issued at $102. That means, there is a premium of $2 per bond.

Premium on bonds = $5200000 x 2  / 100 = $104000

To know further about Bonds and interest payable refer to this link :

brainly.com/question/20340872?referrer=searchResults

#SPJ4

The profit margin is 16.13%

Explanation:

Given,

Return on investment = 30

Investment turnover = 1.86

Profit= return/Investment

Profit= [tex]\frac{30}{1.86}[/tex]

profit= 16.13%

The profit margin of the chemical company is 16.13%

Find out your COGS (cost of goods sold). ...

Find out your revenue (how much you sell these goods for, for example, $50 ).

Calculate the gross profit by subtracting the cost from the revenue. ...

Divide gross profit by revenue: $20 / $50 = 0.4 .

Express it as percentages: 0.4 * 100 = 40%

To learn more about Profit Margin, refer

to https://brainly.com/question/25922327

#SPJ4

Typical responsibilities of middle managers include coordinating and linking groups, departments, and divisions within a company.

The management level known as middle management is the one that reports to higher level managers and oversees one to two subordinate level managers.

Its responsibilities include overseeing subordinate managers and carrying out orders from superiors. Instead of only handling operational responsibilities and decision-making, middle management is accountable for the overall management of an organization.

Because it comes with respectable pay and a wealth of supplementary benefits, this level of management is regarded as a senior position within the organization. Middle managers often include departmental and branch managers.

To learn more about Middle managers, refer to:

https://brainly.com/question/18097266

#SPJ4

Present value is the value today of an amount of money in the future. If the appropriate interest rate is 10 percent, then the present value of $100 spent or earned one year from now is $100 divided by 1.10, which is about $91.

Since the bond is a discount bond, its only payment is the repayment of the par value at maturity, i.e., in one year. The current price is $800, so the yield to maturity is calculated as follows: 800 = 1000 / (1 + yield to maturity) 1 + Yield to maturity = 1.25.

Par value, also known as a nominal value, is the face value of a bond or the stock value stated in the corporate charter. The Par value for a bond is usually $1,000 (or to a lesser degree $100), as these are the most common denominations in which they are issued.

Learn more about interest rates here

https://brainly.com/question/25793394

#SPJ4

What is the present equivalent of 18,000 to be received in 15 years when the interest rate is 7% per year?

N periods equal 15 years.

Interest rate I is 7% annually (compounding)

PV (present value) = -6,524.03

FV = + 18,000 in the future

Simple interest is equal to (18000*7*15)/100. = 18900

The maturity sum is therefore 18000 + 18900 = 36900.

PV = ?

N = 15 (periods)

Rate = 7%

FV = 18,000

PV ($6,524.03)

To learn more about PV from the given link.

https://brainly.com/question/20813161

#SPJ4

Ordinary shares, additionally called not unusual stocks, are stocks sold on a public alternate. every proportion of stock commonly offers its owner the right to 1 vote at a organization shareholders' meeting. unlike in the case of preferred shares, the owner of regular shares isn't always guaranteed a dividend.

Dividend Growth Bale C4) = 107, peY Yeow.

Dividend per shave m next year (D1) = 2

As per the Pwidend Digcouwt Model the required Rode

of Peto Cite )is calculated by using “we following

fowl:

Pequived Rote of Retuw (he) = Cie} 9

OM = (Pr/ R825] 4 O10

punouto = (D1/RR2-6C)}

ou e (Di R820)

Dr = RBA5O ¥ 0104

pre-RS-BO PY Shove

pividend pev shave ia next ov CDi) =

deco went dividend pay Shave x

pre-Do¥ O49)

P22 = Do¥ C1+0-10)

R&I = Dox 10

Therefore the Do = R220/140

Do = BB00 per Shove

the lend CDO) on “this Shave

Learn more about Ordinary shares here

https://brainly.com/question/28039417

#SPJ4

If we place stop-loss order, the minimum loss we will experience on shares if the stock price rapidly declines to per share is 10%.

A stop-loss order is an order placed with a broker to buy or sell a specific stock at a predetermined price. The purpose of a stop-loss order is to limit an investor's loss on a security position. Setting a stop-loss order 10% below the price at which you purchased the stock, for example, will limit your loss to 10%.

The most important advantage of a stop-loss order is that it is free to use. Your regular commission is only charged once the stop-loss price is met, and the stock must be sold. A stop-loss order can be thought of as a free insurance policy.

Furthermore, when it comes to stop-loss orders, you don't have to keep track of how a stock is performing on a daily basis. This convenience is especially useful when you are on vacation or otherwise unable to monitor your stocks for an extended period of time.

Learn more about stop-loss order here:

https://brainly.com/question/20818432

#SPJ4

In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. It is distinct from a fee that the borrower may pay the lender or some third party.

Our interests are the activities that we enjoy doing and the subjects that we like to spend time learning about. of interest. If something is of interest, it holds your attention and makes you want to learn more about it. Nothing much of interest was discussed.

FV = 1500*1.0292 + 600*1.029 = 2,205.66

2. Value of perpetuity after 5 years = 500/.09 = 5,555.56

PV of the above = 5,555.56/(1.095) = 3610.73

3. PV = 39000, Y = 1%, N = 60, FV = 0

Monthlly payments = 867.53 (use financial calculator or PMT function in excel)

4. IRR = 20400/15000 - 1 = 0.36 or 36%

Learn more about interest here

https://brainly.com/question/2294792

#SPJ4

Charges assigned to devices of product in absorption costing consist of each variable and fixed manufacturing costs.

Manufacturing is the making of goods by using hand or by way of a system that upon finishing touch the enterprise sells to a client. items used in production may be uncooked materials or issue elements of a bigger product. production typically occurs on a big-scale production line of machinery and professional labor.

The term manufacturing refers to the processing of raw materials or components into completed goods thru the usage of tools, human exertions, equipment, and chemical processing. production allows organizations to sell completed merchandise at a higher value than the fee of the uncooked materials used.

Manufacturing is described because of the advent of the latest products, both from uncooked materials and components. Examples of manufacturing consist of automobile groups, bakeries, shoemakers, and tailors, as all of them create merchandise, in place of offer offerings.

Learn more about  Manufacturing here:

https://brainly.com/question/26320301

#SPJ4

She needs to invest $1,05,000 and $35,000 in each fund in order to generate $14,000 annually from her assets.

Investing:  A purchase made with the hope of making money or seeing your money grow is called an investment. A rise in an asset's value over time is referred to as "appreciation." When someone invests in a thing, they do so with the thought that they will use it to generate income in the future rather than for immediate consumption.

Consider investments 1 and 2, which offer yields of 9% and 13% annually, respectively, and are labelled X and Y, respectively.

X + Y = 1,40,0000.09X + 0.13Y = 14,000

0.09X + 0.13 (1,40,000 - X) = 14000

9X + 13 (1,40,000 - X) = 14,00,000

9X + 18,20,000 - 13X = 14,00,000

- 4X = 14,00,000 - 18,20,000

- 4X = - 4,20,000

X = 1,05,000

Y = 35,000

Why are investments advantageous?

A smart way to manage your finances and perhaps even boost your wealth is through investing. If you make sensible financial decisions, your money may increase in value and outpace inflation. The key causes of investment having a higher growth potential are the power of compounding and the trade-off between risk and reward.

Learn more about investment:

brainly.com/question/10908938

#SPJ4

The advantage of changing the company organization from a sole proprietorship to an llc include personal liability protection and, tax flexibility while the disadvantage is that it's more tedious than sole proprietorship.

A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.

The definition of a limited liability company (LLC) is a type of business structure where the owners are referred to as "members" and are partners in a business entity with all the protection of a corporation as well as the option to pass through any business profits and losses to their personal income tax return.

In conclusion, the advantage of changing the company organization from a sole proprietorship to an llc include personal liability protection and, tax flexibility while the disadvantage is that it's more tedious than sole proprietorship.

Learn more about proprietorship on:

https://brainly.com/question/1167298

#SPJ1

Same-sex couples see domestic work as legitimizing their households, which makes domestic work a validating activity.

An equal-sex relationship is a romantic or sexual relationship among human beings of equal intercourse. same-intercourse marriage refers back to the institutionalized recognition of such relationships within the form of a wedding; civil unions may exist in international locations wherein identical-sex marriage no longer.

Opposite- or equal-sex popularity refers to whether or not the spouses or companions are of the opposite sex or equal intercourse. A couple own family refers to a family that carries a married or common-law couple.

Same-intercourse marriage, also called homosexual marriage, is the wedding of people of the identical sex or gender.

Learn more about couples here: https://brainly.com/question/1100116

#SPJ4

If san francisco were to repeal its rent control law, the prices for short rentals in the city listed on airbnb and other peer-to-peer sites would likely to fall because the availability of housing would grow as the average rent rose.

Rent control law limits the amount a landlord may charge for leasing or renewing a lease. Municipalities typically pass rent control laws, although the specifics might differ greatly. All are designed to keep housing expenses within the reach of those with lower incomes.

Airbnb, which stands for "Air Bed and Breakfast," is a service that allows property owners to rent out their premises to tourists in need of a place to stay. As the average rent rose the availability of houses would grow which leads to the fall in prices for short rentals.

To learn more about rent control law

https://brainly.com/question/4313699

#SPJ4

Writers of business messages should avoid sentences that begin with ""it is"" or ""there are"" because they contain more words than necessary.

Businesses communicate with their customers through a variety of messaging channels using business messaging. The channels enable back-and-forth, two-way conversations rather than messaging blasts, such as advertisements or bulk email sends, empowering both customers and brands to reach out to one another.

Effective messages have a specific goal to educate, persuade, or work with the target audience. The message should be created taking into account the level of understanding, possible response, and relationship with the composer of the audience.

Learn more about  business messages here

https://brainly.com/question/26199974

#SPJ4

The current critics of fiat money urge governments to return to a gold standard because they fear the government would issue too much money.

To know more about fiat money, refer to the following link

https://brainly.com/question/718436

#SPJ4

We multiply the change in autonomous expenditure by the change in equilibrium expenditure to determine the multiplier.

The components of an economy's total spending that are unaffected by the real level of income within that same economy are referred to as autonomous expenditures. Whether it occurs at the governmental or personal level, this type of spending is regarded as automatic and obligatory. According to classical economic theory, every increase in autonomous expenditures will result in at least an equal increase in overall output, such as GDP, if not a bigger one.

Whatever the source of money, an autonomous expenditure requirement must be satisfied. It is seen as independent in nature because the need is not affected by wealth. These costs are frequently related to the capacity to keep a state of autonomy. The capacity for self-government is a component of nation-state autonomy. It describes an individual's capacity to function with a certain degree of societally acceptable independence.

Learn more about autonomous expenditures here

https://brainly.com/question/28079286

#SPJ4

If nominal GDP in 2019 exceeds the rate of nominal GDP in 2018, then the production of output must have risen or fallen because there is not enough information to determine what happened to real output.

The rate of Real GDP increased by 2.3 percent in 2019 which is from the year 2018 annual level to the year 2019 annual level as it is compared with an increment of 2.9 percent occurred in 2018.

The increase in the rate of real GDP occurred in 2019 made a major reflection in the positive contributions from PCE, in the field of nonresidential type of fixed investment, spending of the federal government, spending of state and local government, and the private type of inventory investment that were partly offset by those negative contributions from the part of residential fixed investment.

The deceleration takes place in real GDP in 2019 as it is compared to 2018 which primarily reflects decelerations in the nonresidential type of fixed investment and consists of a downturn in exports, which were partly affected by the offset as by accelerations in both states, local as well as spending of the federal government. The number of Imports increased less in 2019 than occurred in 2018.

Learn to know more about Nominal GDP at

https://brainly.com/question/27817752

#SPJ4

If point a represents alice’s current production and point b represents betty’s current production, then, Alice produces more lemonade and Betty produces more pizzas

The term "current production" refers to the amount that is less than the lesser of the previous month's production of each of product of sale, calculated separately, by the borrower and its subsidiaries, and the Current Production, as reasonably determined by the borrower, of each of product of sale, calculated separately, by the borrower and its subsidiaries for each month for the period ending no earlier than the latest month for which volumes are hedged under swap agreements. Current Production that occurs at the moment, or during the measurement time. Current Production refers to the amount of product of sale produced by the Borrower and its Restricted Subsidiaries during the previous month, divided by the actual product equivalent for each month.

Learn more about current production here

https://brainly.com/question/13311158

#SPJ4

The question was incomplete as the graph was not included. Check below the full question.

If point a represents alice’s current production and point b represents betty’s current production, under what circumstances can both alice and betty benefit from specialization and trade?.

If pasta is a subpar product, then as consumer income increases, the demand curve will move to the left.

The demand curve is a graphical depiction of the connection between the cost of a commodity or service and the amount demanded over a specific time period. A common representation will have the price on the left-hand vertical axis and the amount needed on the right-hand horizontal axis. The law of demand states that, when all other factors are equal, the quantity demanded for a given good will decrease as its price rises as shown by the demand curve moving from left to right. Keep in mind that this formulation suggests that quantity is the dependent variable and price the independent variable. The independent variable often appears on the horizontal axis, or x-axis, although economics is an exception.

Learn more about demand curve here

https://brainly.com/question/13131242

#SPJ4

An automobile company decides to boost the standard of its products and produce more variety into its entire merchandise. the corporate has decided to adopt Industry wide Differentiation.

Industry-wide differentiation may be a technique employed by companies after they diversify their line of products to achieve unexplored sectors of the market and increase their chances of collecting higher revenue. Normally, this practice is dispensed by large entities with enough funds for investment and covering risks. Therefore an automobile company decides to boost the standard of its products and convey more variety into its entire line of products. the corporate has decided to adopt Industry wide Differentiation

Learn more about Industry wide Differentiation.

https://brainly.com/question/14801086

#SPJ4

Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.

A company's offers are shaped through the process of product service management, also known as product/service management, in response to customer demand brought on by changes in the marketplace. A product service manager (PSM) foresees consumer needs and then directs the creation of products to address them.

Discovering new product opportunities, maintaining current products, and getting rid of items that have turned into liabilities are all part of product service management. advantages

The following are some advantages of product service management:

The market opportunity is unrealized market potential that enables companies to take advantage of untapped markets.

Learn more about Product/service management here:

https://brainly.com/question/28598560

#SPJ4

If there is a conflict between a person's verbal and non-verbal communication, people are more likely to believe their non-verbal communication - TRUE

While verbal communication is essential to achieving success in both interpersonal and professional relationships, non-verbal communication – also known as body language – always speaks louder than words. Often performed automatically rather than intentionally, body language is the use of observable behaviors, attitudes, and habits for nonverbal communication.

When you communicate with other people, you are constantly sending and receiving non-verbal signals, whether you realize it or not. Your posture, tone of voice, amount of eye contact, gestures, and other nonverbal behaviors all convey important messages. They can put people at ease, inspire confidence and draw people to you, or they can irritate and confuse.

To learn more about non- verbal communication click here:

https://brainly.com/question/10478535

#SPJ4

YES, his observation does make sense in economics, more about the sponsorship in the game by the management committee as they show the money initiated by the which company and how much they are paying.

And the public does think that economics is less and some think that the prize money is equal but it is totally dependent on the number of funds they are having for the match and the sponsor's money and taking out some as their profits.

For a player to win a match they have to do hard training and hard labor over it and to receive something that is not useful for the player in any way is better to get the amount paid to them as a reward for their winning so that they can be able to invest that money on the area of there interest or there need. Yes, we can not measure a win with some amount of money by as per the rule offering a prize its a better option in respect of others.

No, the length of the playing time can not measure the amount of prize it's not relevant as every game is tough to play and need lots of energy and dedication and for every player its tough to get trained daily and work hard for there match. Every game needs training and hard work. It is the requirement of the game that it takes less time duration but the energy and dedication are equal so, time can not measure the amount of the prize.

Learn more about economics here:- https://brainly.com/question/17996535

#SPJ4

5 pounds of cashews should be mixed with the peanuts to ensure no change in the​ revenue for the nut store.

Let x be the number of pounds of cashews

Given,20 pounds of peanuts are sold at a rate of $1.50 per pound

and the mixture is sold at a rate of $2.0 per pound

According to the Question,

[tex]\frac{20*1.5 + 4*x}{x +20}=2[/tex]

[tex]\frac{30+4x}{x+20} =2[/tex]

x=5

Hence, 5 pounds of cashews should be mixed with the peanuts to ensure no change in the​ revenue

Learn about unitary method here

https://brainly.com/question/28276953

#SPJ4

The question was incomplete. Check below the full question

A nut store normally sells cashews for​ $4.00 per pound and peanuts for $1.50 per pound. But at the end of the month the peanuts had not sold well, so, in order to sell 20 pounds of peanuts, the manager decided to mix the 20 pounds of peanuts with some cashews and sell the mixture for $2.00 per pound. How many pounds of cashews should be mixed with the peanuts to ensure no change in the​ profit?

After 8 years, Walter will earn (A) $331.52 interest from Henry.

Bank interest is a fee paid when paying for services for borrowing money provided by the bank within a certain period of time. Interest is determined by a percentage of the total deposit or loan amount.

Bank interest is divided into credit interest rates and savings interest rates. The loan interest rate is a certain price that the customer must pay to the bank in return for the loan obtained. While the savings interest rate is a certain amount paid by the bank to customers in return for their savings.

Bank interest has its own functions and benefits. For banks, interest is a source of income for banks. For example, when a bank offers assistance in the form of credit that can be borrowed with terms and conditions that apply to customers. The borrowed loan will be returned to the bank in monthly installments plus the interest rate agreed by both parties during the loan agreement. So, interest from credit installments can be a net input for banks.

The formula of interest rate is = Principle x Interest rate x Time

I = $6,500 x 0.0454 x 8 = $2360.8

I = $7,100 x 0.0474 x 8 = $2692.32

The difference between Henry's and Walter's interest calculated is $2692.32-$2360.8 = $331.52

You can learn more about Interest rate here https://brainly.com/question/13237368

#SPJ4

Increase in the price of DVDs, demand for DVD players decreases.

Call for is the quantity of a great that clients are willing and able to buy at diverse costs during a given time. the relationship among charge and quantity call for is also referred to as the call for curve.

Demand is the amount of purchasers who're inclined and in a position to buy merchandise at diverse fees at some stage in a given time period. call for for any commodity implies the clients' preference to collect the best, the willingness and ability to pay for it.

As instance, if a client is hungry and buys a slice of pizza, the first slice may have the greatest benefit or utility.

Learn more about demand here:https://brainly.com/question/1245771
#SPJ4

Some of the benefits of starting their companies in their garage to the businesses were:

For the benefits above given, I would consider starting my business in my garage.

When you have your business in your own garage, you won't have to pay for things like rent and utilities for the business alone which would save you from costs of operating.

You can also work at the garage in odd hours like the early mornings and late nights without worrying about safety or being too far from home.

Also, you can dress as comfortably as you like because you'll still be home. This will help with creativity.

These are good reasons why I would start my business from my garage.

Find out more on garage businesses at https://brainly.com/question/13684617

#SPJ1

Interviews, observations, and questionnaires are the three job analysis techniques that can be utilized to generate a general picture of the work because they are all sufficient for gathering pertinent data.

Interviews, observations, and questionnaires are the three types described in this chapter to be combined to produce an overall understanding of work in an organization.

To know more about interviews, click here:-

https://brainly.com/question/15128068

#SPJ4

An organization's mission is what an organization actually does, including the products and services it plans to provide and the markets in which it will compete.

An organization or organization  (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose.

Any important task or duty that is assigned, allotted, or self-imposed or an important goal or purpose that is accompanied by strong conviction; a calling or vocation.

To learn more about organization, refer: https://brainly.com/question/12825206?referrer=searchResults

#SPJ4

The most obvious cultural distinction a company must take into account when deciding to undertake multinational business is language.

In addition to its intrinsic fee, culture presents vital social and monetary benefits. With advanced studying and health, elevated tolerance, and opportunities to come together with others, tradition complements our nice of lifestyles and increases usual nicely-being for both people and communities.

Placed honestly, your cultural identity is the feeling that you belong to a group of human beings like you. that is frequently due to shared features like birthplace, traditions, practices, and ideals. artwork, songs, and meals additionally form your cultural identity.

Cultural values are the core concepts and beliefs upon which a whole network exists and defend and depend on for existence and harmonious relationship.

Learn more about the Cultural here https://brainly.com/question/25010777

#SPJ4