Show Timer Question Completion Status: QUESTION 46 Still Freeland, the sales (in dollars) of popits necessary to make $120,000 per year is approximately O A. none of the listed choices OB. $184,000 OC. $174,000 OD. 5405,500 O E. $460,000 QUESTION 47 Zach Co, issued a 10 year, $100,000 face, 8 coupon rate bond to yield 12%. The journal entry to record the issuance of the bond would include: O A. A debit to cash of $100,000.00 OB. A credit to interest payable of $7.739.91 OC. A debit to bond discount of $22,600.89 OD. A credit to bonds payable of $ 77,399.11 O E. A credit to premium on bonds payable of $ 22,600.89 QUESTION 48 For Zach Company's bonds, if they were issued the first day of 2019 (8% face prioed to yield 12%) and the first year's interest was paid on December 11, 20188, the entry to record that interest would include: O A. A credit to cash of $ 8,771.09 OB. A debit to interest expense of $8,000.00 OC. A credit to interest payable of $8,000.00 OD. A debit to bond discount of $ 1,287.89 O E. A credit to bond discount of $ 1,287.89 Aubunit to save and submit. Click Save All Answers to save all answers QUESTION 49 You have noticed an ad listing a motel for sale. After doing some research, you estimate that the 20 rooms can be rented for $60 per day with an occupancy rate of 80% per year. You have found a management company that will run the motel and take care of daily housekeeping for 10% of the rents. You estimate that repairs and maintenance costs will be $3,000 per month and that other cash expenses will be $4,000 per month. You plan to sell the motel at the end of the third year for $500.000 How much are annual net cash flows? What would be the annual net cash flows for the motel? O A $ 119,040 OB. $ 231,360 OC. $ 262,336 OD. $ 58,948 O E. none of the listed choices QUESTION 50 According to the article "What It Takes to be Great", the best people in any field A devote the most hours to "deliberate practice OB. need about 6 years of hard work to become world-class C. start with some natural talent D. none of these are true E. A and B are true Show Timer Question Completion Status: QUESTION 46 Still Freeland, the sales (in dollars) of popits necessary to make $120,000 per year is approximately O A. none of the listed choices OB. $184,000 OC. $174,000 OD. 5405,500 O E. $460,000 QUESTION 47 Zach Co, issued a 10 year, $100,000 face, 8 coupon rate bond to yield 12%. The journal entry to record the issuance of the bond would include: O A. A debit to cash of $100,000.00 OB. A credit to interest payable of $7.739.91 OC. A debit to bond discount of $22,600.89 OD. A credit to bonds payable of $ 77,399.11 O E. A credit to premium on bonds payable of $ 22,600.89 QUESTION 48 For Zach Company's bonds, if they were issued the first day of 2019 (8% face prioed to yield 12%) and the first year's interest was paid on December 11, 20188, the entry to record that interest would include: O A. A credit to cash of $ 8,771.09 OB. A debit to interest expense of $8,000.00 OC. A credit to interest payable of $8,000.00 OD. A debit to bond discount of $ 1,287.89 O E. A credit to bond discount of $ 1,287.89 Aubunit to save and submit. Click Save All Answers to save all answers QUESTION 49 You have noticed an ad listing a motel for sale. After doing some research, you estimate that the 20 rooms can be rented for $60 per day with an occupancy rate of 80% per year. You have found a management company that will run the motel and take care of daily housekeeping for 10% of the rents. You estimate that repairs and maintenance costs will be $3,000 per month and that other cash expenses will be $4,000 per month. You plan to sell the motel at the end of the third year for $500.000 How much are annual net cash flows? What would be the annual net cash flows for the motel? O A $ 119,040 OB. $ 231,360 OC. $ 262,336 OD. $ 58,948 O E. none of the listed choices QUESTION 50 According to the article "What It Takes to be Great", the best people in any field A devote the most hours to "deliberate practice OB. need about 6 years of hard work to become world-class C. start with some natural talent D. none of these are true E. A and B are true
