The o'hara group is owed $1,000,000 by hilton enterprises under an 8% note with three years remaining to maturity. the prior year of interest was unpaid. o'hara agrees to restructure the note under terms that yield a present value of $880,000. the journal entry that o'hara would make to record this transaction would include a loss on troubled debt restructuring of: $0. $80,000. $220,000. $200,000.

Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?

Arecession is defined as a period in which

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)