Answer:
$14,000
Explanation:
Amount of interest expense = [(Bond issued by 'S' company x 9%) - Amount of
premium x (unsold bonds / Bonds issued)]
= (300,000 x 0.09) - 60000/10 x 200,000/300,000
= (27,000 - 6000) x 0.66667
= 21,000 x 0.66667
= $14,000
Answer: <u><em>$3,600,000 is the amount Wood should capitalize as the cost of acquiring Pine's net assets.</em></u>
Given:
Wood Corp. issued 100,000 shares of its $20 par value
The market value of Wood's common stock on August 31 was $36 per share.
Wood paid a fee of $160,000 to the consultant who arranged this acquisition.
Costs of registering and issuing the equity securities amounted to $80,000.
∴ Cost of acquiring = 100,000 shares issued × $36 per share
= $3,60,000
The answers are B and D. Every year the US government provides financial aid for college or career school. In order to qualify for this a FAFSA should be completed. FAFSA is used as a basis in determining how much you need financial aid thus it should be clear in the FAFSA that you really need it. In applying for Federal Work-study program, the FAFSA is used to see if you are qualified.
Answer: The correct answers are:
-"Statements that show a balance forward and then all activity between two specified dates".
-"Statements that show invoices created between two specified dates and their related payments
".
"Statements that show just open transactions".
This 3 types of customer statements can be generated by QuickBooks Online.
Answer: Performing stage.
Explanation:
When efficiency of work is very high it means that the members of a group are in the performing stage.
The performing stage is a stage of group development where the group members have highly understood each other, the work done in the performing stage is efficient and focused on the goals earlier set by group members.