On March 21, 2019, the bond accounts of Fitzhugh Sales showed the following balances.
Fitzhugh Sales retires the bonds for $66,150. Prepare the journal entry to record the retirement of the
bonds. Omit explanation.
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Genuine Parts received a promissory note from a customer on March 1, 2016 . The face amount of the note is $8,000; the terms are 90 days and 9% interest. What is the total amount of interest that Genuine Parts will receive when the note is paid?
a. $ 60 b. $ 90 c. $180 d. $720
In a monopolistic competition market structure, each seller is very conscious of other sellers' actions, since there is a small number of sellers in the industry
Indicate whether the statement is true or false
If your OUCH test reveals your employment actions are uniform in application, it means ______________.
A. all of your employees wear uniforms to work B. you are consistent in applying the same action in all cases of the same type C. all the employment circumstances end up with the same results D. everyone’s ability is evenly matched in the workplace E. none of the above
Judd Enterprises These are the simplified financial statements for Judd Enterprises. Income statementCurrent
Projected Salesna 1,000 Costsna 720 Profit before taxna 280 Taxes (25%)na 70 Net incomena 210 Dividendsna 63 Balance sheetsCurrentProjected CurrentProjectedCurrent assets 100 115 Current liabilities 70 81 Net fixed assets 900 1,080 Long-term debt 400 Common stock 300 Retained earnings 230 ? Refer to the Judd Enterprises financial statements. What is Judd's projected retained earnings under this plan? A. $339 B. $377 C. $396 D. $415 E. $440