A company issued $2,000,000 of 30-year, 8% callable bonds on April 1, 2011, with interest payable on April 1 and October 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: 2011 Apr. 1 Issued the bonds for cash at their face amount. Oct. 1 […]
Motormart Company manufactures automobiles. The Red Car Division sells its red cars for $25,000 each to the general public. The red cars have manufacturing costs of $12,500 each for variable and $5,000 each for fixed costs. The division’s total fixed manufacturing costs are $25,000,000 at the normal volume of 5,000 units. The Blue Car Division […]
Write your three paragraph summary/response/evaluation about the materials by 5pm Friday. 1. Paragraph one summarizes the assignment; this describes the main points of the article/videos/PowerPoint.2. Paragraph two compares and contrasts how the topic is discussed and explained in the different media formats. How does audience and purpose affect the creation of the video, for example? Look […]
Answer for each question should be 200-250 words. 1. The simple case of a fixed per-unit tax is indicative of more complicated ones. Consider a proportional sales tax and a progressive sales tax. How do the tax revenues, and quantities produced compare in these various cases? 2. Explain how value can be created simply by […]
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