Exhibit 14-10 Hawk issued $500,000 of its ten-year 5% bonds for $463,197 on October 1, 2016 so as to yield an effective rate of 6%. Interest is paid each October 1 and April 1. ?Refer to Exhibit 14-10. Assuming Hawk uses the effective interest method and reversing entries, the entry to record the payment of interest on April 1, 2017, would include (rounded to the nearest dollar)
A) ?a credit to Discount on Bonds Payable for $1,396.
B) ?a debit to Discount on Bonds Payable for $1,396.
C) ?a debit to Interest Expense for $11,580.
D) ?a credit to Cash for $12,500.
D
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Social marketing programs designed to discourage cigarette smoking or excessive consumption of alcohol are examples of ________
A) cognitive campaigns B) active campaigns C) behavioral campaigns D) value campaigns E) normative campaigns
Ivan Knobel holds a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. He is in the process of buying 1,000 shares of Syngine Corp at $10 a share and adding it to his portfolio. Syngine has an expected return of 13.0% and a beta of 1.50. The total value of Ivan's current portfolio is $90,000. What will the expected return and beta on the portfolio be after the purchase of the Syngine stock?
A. 10.64%; 1.17 B. 11.20%; 1.23 C. 11.76%; 1.29 D. 12.35%; 1.36 E. 12.97%; 1.42
Which of the following statements is not true about strategic human resource management?
a. The core HR functions should be consistent with business strategy and objectives b. The core HR functions can be transposed onto the formulation stage of business strategy to help the organization meet its strategic objectives c. The core HR function should formulate and drive the business strategy d. The core HR function can be transposed onto the implementation stage of business strategy
Which of the following is a correct statement regarding the Cash Shortage account?
A. It is reported as a miscellaneous revenue. B. It is reported on the balance sheet. C. The account normally has a credit balance. D. If the recorded cash exceeds the cash counted, a shortage exists.