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When a radiographer declares her pregnancy to her employer,…

When a radiographer declares her pregnancy to her employer, which of the following is appropriate?

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Jason has a loan that requires a single payment of $4,000 at…

Jason has a loan that requires a single payment of $4,000 at the end of 3 years. The loan’s interest rate is 6%, compounded semiannually. How much did Jason borrow?

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A corporation declared and issued a 25% stock dividend on Oc…

A corporation declared and issued a 25% stock dividend on October 1. The following information was available immediately prior to the dividend: Retained earnings                                     $820,000 Shares issued and outstanding                     67,000 Market value per share                                       $22 Par value per share                                                $5   The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is:

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The legal contract between the issuing corporation and the b…

The legal contract between the issuing corporation and the bondholders is call the bond indenture.

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An annuity is a series of equal payments occurring at equal…

An annuity is a series of equal payments occurring at equal intervals.

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A company is considering investing in a project that is expe…

A company is considering investing in a project that is expected to return $350,000 four years from now. How much is the company willing to pay for this investment if the company requires a 12% return?

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Keisha Co. borrows $215,000 cash on December 1 of the curren…

Keisha Co. borrows $215,000 cash on December 1 of the current year by signing a 90-day, 8%, $215,000 note. On what date does the note mature and what is the total amount of interest expense for the note?

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An employee earned $62,200 during the year working for an em…

An employee earned $62,200 during the year working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400 of employee earnings per calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee’s pay. What is the amount of total unemployment taxes the employee must pay?

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On August 1, a $34,800, 7%, 3-year installment note payable…

On August 1, a $34,800, 7%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $13,260.60. The entry to record the first payment on July 31 would include:

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A corporation borrowed $125,000 cash by signing a 5-year, 9%…

A corporation borrowed $125,000 cash by signing a 5-year, 9% installment note requiring annual payments each December 31 of $32,136. What journal entry would the issuer record for the first payment?

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