James Page, finance director for the city of Bridgeport, has asked you to help him account for bond proceeds from two bond issuances—one which was issued at a premium and another which was issued at a discount. Prepare journal entries to record the following transactions in the city of Bridgeport’s Capital Projects Fund during its 2019 fiscal year.1. Bridgeport issues $18 million face value of general obligation bonds to build a new outdoor music arena—Harbor Arena. The City received an extra $1.5 million as a bond premium.2. The bond covenant states that bond premiums must be transferred to a Debt Service Fund. The transfer of cash to the Debt Service Fund is made.3. Bridgeport issues a $15 million face value of general obligation bond to construct a new road. Unfortunately, interest rates increased prior to the issuance of the bonds, and this resulted in the city receiving only $14.6 million from the bonds

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening. a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number. include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i. e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?