Z-mart uses the perpetual inventory system and has its own credit card. z-mart charges a per-month interest fee for any unpaid balance on its store credit card at each month-end. apr. 30 z-mart sold merchandise for $2,900 (that had cost $1,600) and accepted the customer’s z-mart store credit card. may 31 z-mart recorded $4 of interest earned from its store credit card as of this month-end. prepare journal entries to record the above credit card transactions of z-mart.

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

You have recently been made a department head of the new regional office. in getting to know your departmental staff, you have noticed that one of your inexperienced employees is not following through on assigned tasks. she is enthused about her new job and wants to get ahead in the organization. which alternative represents the most effective leadership style: a. discuss the lack of follow-through with her and explore thealternative ways this problem can be solved. b. specify what she must do to complete the tasks but incorporate any suggestions she may have. c. define the steps necessary for her to complete the assigned tasks and monitor her performance frequently. d. let her know about the lack of follow-through and give hermore time to improve her performance.

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?