On January 1, Year 3, Orr Company bought a building with an assessed value of $220,000 on the date of purchase. There was no established exchange price for the building. However, Orr could either choose to give as consideration a $400,000 noninterest-bearing note due on January 1, Year 6, or give a 3 year, $250,000 note bearing 6% interest paid annually. The interest-bearing note requires one principal payment at the end of the note’s term plus periodic interest payments during the note’s term. The effective interest rate is 8%. What would be the change in interest expense on Orr’s Year 3 income statement if Orr chooses to give the interest-bearing note instead of the noninterest-bearing note?

Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages.true or false?

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.