Questions
The board of directors of Allen Services Inc. authorized the issuance of $400,000 face value, 20-year,...

The board of directors of Allen Services Inc. authorized the issuance of $400,000 face value, 20-year, 6 percent bonds dated April 1, 2019, and maturing on April 1, 2039. Interest is payable semiannually on April 1 and October 1. Allen uses the calendar year as its fiscal year. The bond transactions that occurred in 2019 and 2020 follow.

DATE TRANSACTIONS FOR 2019
Apr. 1     Issued $260,000 of bonds at face value.
Oct. 1     Paid the semiannual interest on the bonds issued.
Dec. 31    Recorded the adjusting entry for the accrued bond interest.
31

Closed the Bond Interest Expense account to the Income Summary account.

DATE TRANSACTIONS FOR 2020
Jan. 1    Reversed the adjusting entry made on December 31, 2019.
Apr. 1    Issued $140,000 of bonds at face value.
1    Paid the interest for six months on the bonds previously issued.
Oct. 1    Paid the interest for six months on the outstanding bonds.
Dec. 31    Recorded the adjusting entry for the accrued bond interest.
31

   Closed the Bond Interest Expense account to the Income Summary account.


Required:
Record the transactions in general journal form.

Analyze:
Based on the transactions given, what is the balance in the Bonds Payable account on December 31, 2019?

In: Accounting

The treasurer for Pittsburgh Iron Works wishes to use financial futures to hedge her interest rate...

The treasurer for Pittsburgh Iron Works wishes to use financial futures to hedge her interest rate exposure. She will sell five Treasury futures contracts at $187,000 per contract. It is July and the contracts must be closed out in December of this year. Long-term interest rates are currently 8.30 percent. If they increase to 9.50 percent, assume the value of the contracts will go down by 10 percent. Also if interest rates do increase by 1.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $118,000. This expense, of course, will be separate from the futures contracts. a. What will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by December when the contract is closed out? a. What will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by December when the contract is closed out? a. What will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by December when the contract is closed out?

  
a. What will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by December when the contract is closed out?


b-1. After considering the hedging, what is the net cost to the firm of the increased interest expense of $118,000?

  
b-2. What percent of this $118,000 cost did the treasurer effectively hedge away? (Input your answer as a percent rounded to 2 decimal places.)


c. Indicate whether there would be a profit or loss on the futures contracts if interest rates went dow

In: Finance

Discuss why naming conventions are important and why as a programmer you should consistently follow them....

Discuss why naming conventions are important and why as a programmer you should consistently follow them. Include in this discussion, problems that could arise in naming variables if one convention is NOT followed.

In: Computer Science

How are corporate culture and national culture connected to the way Samsung has enjoyed success and...

How are corporate culture and national culture connected to the way Samsung has enjoyed success and developed as a global company?

(Answer the question with a collective essay)

Thanks for the help!

In: Operations Management

Why is it that marketers generally find greater dissimilarities in social and cultural values as they...

Why is it that marketers generally find greater dissimilarities in social and cultural values as they do down the economic strata? Remember, this is an international business class. Your answer should not be limited to markets in one country. It’s a global question. As well, it is an economic question (marketers). What changes as target markets become less wealthy? Why? What is the impact of technology on this concept? Will technology ultimately create globalized markets? Use at least two sources to support your position. Be sure to cite your sources. i dont want example in india only

In: Operations Management

Cisco Systems: Evolution of Structure OVERVIEW The evolution of Cisco from a university campus networking solution...

Cisco Systems: Evolution of Structure OVERVIEW The evolution of Cisco from a university campus networking solution to a global technology leader has been a dynamic process. The speed of technological innovation means that managers are already talking about the “next new thing” during the launch of each new product or service. Parallel with the rapid technological evolution at Cisco are the changes in organizational structure. As Cisco expanded, visionary John Chambers was brought in as CEO, and he expanded the company into advanced technologies. By 2000, Cisco had attained a brief designation as the world’s most valuable company. Will the evolution of Cisco continue? And if so, what will it look like? Company history indicates that, just as a quick response is needed in the rapid evolution technology products and services, the company must remain aware of structural changes needed within the organization to maintain its leadership position. Critical Thinking Questions:

1. Discuss the organizational structure at Cisco Systems. (Lo 1.6 & 2.2) 200 words

2. What design changes were needed? (Lo 2.9) 200 words

3. How has Cisco’s structure continued to evolve? (Lo 1.6 & 2.2) 200 words

In: Operations Management

a.What are the market conditions leading to financial innovation? b.List several products of financial innovation and...

a.What are the market conditions leading to financial innovation?

b.List several products of financial innovation and explain which market condition led to those products.

In: Accounting

Post an analysis of the role of innovation in business strategy development within a global context....

Post an analysis of the role of innovation in business strategy development within a global context. Your analysis should include the following: A description of P&G’s innovation, including the underlying strategy and specific context for its current success An analysis of the impact of geographic location and surrounding business communities on innovation and strategy development As a global change agent, explain the importance of researching global implementation of innovative business ideas or strategies from the research literature. Be sure to include relevant scholarly examples of successful or unsuccessful global implementations and how they can further influence the understanding of innovation as a component of business strategy.

In: Accounting

With the majority of health-care costs spent for the treatment of chronic diseases (High BP, Dibetes...

With the majority of health-care costs spent for the treatment of chronic diseases (High BP, Dibetes & HIV) and the reason for most emergency room visits being non-emergencies, the time is ripe for telemedicine in South Africa. More so with Covid-19 pandemic, patients are reluctunt to visit a hospital for non-emergencies. Patients are using their phones, tablets, and keyboards instead of making an office visit or trip to the emergency room. Technology makes it possible for doctors to consult with patients through Skype or FaceTime on smartphones, access medical tests via electronic medical records, and send a prescription to a patient’s local pharmacy—all from miles away. The telemedicine industry is still in its infancy, earning only $868 million in annual revenue in 2017, but it is predicted to increase to an almost $56 billion industry by 2023. It is expected to exhibit a CAGR of 17% from 2018 to 2023 (forecast period). Technology isn’t the only reason for this industry’s growth such as adoption of electronic health records (EHR) by hospitals is one of the primary drivers of the market. The legislation suport by Governements that are encouraging electronic medical records is also adding fuel to this fire. In order to ensure health care services are still being provided during the national period of shut down and during the Covid- 19 pandemic and to achieve the objectives of “The Allied Health Professions Act” (63) was amended on 25 March 2020 by President Cyril Ramaphosa that allows to practice telehealth and/or telemedicne for medical professionals.

Based on the scenario given above, critically discuss pros and cons of offering medical services with help of telemedicine. Critically discuss the marketing decisions that may be used in the selected product life cycle of telemedicine? Critically evaluate the role of mobile technology and artificial intelligence (AI) in the evolution of this industry and predict future trajectory? Justify your response.

In: Operations Management

How health education and health promotion could improve throughthe integration of technology, crowdsourcing, and social...

How health education and health promotion could improve through the integration of technology, crowdsourcing, and social media? Due Date Saturday 7/11/2020 Instructions for Completing the Discussion Questions: Please post your original response by Wednesday at 11:59 p.m. Your response should be a minimum of 5 sentences but should not exceed 250 words.

In: Nursing