Company issued a $50,000​, 7.0​%, 7​-year bond payable. Journalize the following transactions for Vernon ​Company, and include an explanation for each​ entry: a. Issuance of the bond payable at face value on January​ 1, 2024. b. Payment of semiannual cash interest on July​ 1, 2024. c. Payment of the bond payable at​ maturity, assuming the last interest payment had already been recorded.​ (Give the​ date.)

When the federal reserve buys and sells bonds to member banks, it is called a. monetary policy b. reserve ratio c. interest rate adjustment d. open market operations

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)