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Question 1: Visit the sites of at LendingClub.com (Links to an external site.) and Prosper.com (Links to an external site.) to find out more about peer-to-peer (P2P) lending. How do these sites match small lenders and borrowers? How are the sites similar, and how do they differ? Do some additional research to find out what others are saying about the pros and cons of these sites. Would you be willing to participate in this type of arrangement as a borrower? Would you participate as a lender? Why or why not?
At the end of an accounting period, it was determined that employee wages of $858 and management salaries of $1,400 have been earned.
The buyer also assumed Josh's $25,000 loan on the equipment. Josh paid $5,000 in selling expenses. What is the amount of Josh's gain on the sale
What is callable preferred stock? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what type of stock would you want to buy personally and why?
The 10 year term bond was issued at 102 and had a 3% stated rate of interest that is payable on December 31st of each year. What is the interest expense
martina inc. has two service departments human resources and building maintenance and two production departments
Lilly County, faced with the prospect of declining revenues, decides it can save money by doing allprinting in-house. ?he county creates the Lilly Printing Fund (an Internal Service Fund)
The company has a very effective lean production system, so there is no beginning or ending work in process or finished-goods inventories.
Erica paid $6,000 toward tuition at Heartland College for Randall during 2015. Erica will contribute the maximum deductible amount to her IRA for 2015 and is a participant in her employer's pension plan.
specify an appropriate cost driver for tracing costs associated with the various levels of activities to the next cost
Prepare and post an entry closing all nominal accounts to Fund Balance.Post the entries to the City Hall Debt Service Fund ledger (t-accounts).
provide the better estimate of the relationship between repairs and maintenance costs and machine hours
The company had 2,650,000 shares of common stock issued and outstanding throughout 2014. Compute diluted earnings per share for 2014
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