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brilliants [131]
2 years ago
8

When a bond sells at a premium, interest expense will be:

Business
1 answer:
inessss [21]2 years ago
8 0
Less than the bond interest payment
You might be interested in
The United States enjoys a free market economy in which _____.
Mnenie [13.5K]
Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers
4 0
3 years ago
At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 918,000 Credit sales 31
Leona [35]

Answer:

Journal entries

Explanation:

The journal entries are as follows

a. Bad debt expense  $15,900         ($318,000 × 5%)

             To Allowance for doubtful debts $15,900    

(Being the bad debt expense is recorded)      

b. Bad debt expense  $37,080   ($318,000 + $918,000) × 5%0.

             To Allowance for doubtful debts $37,080  

(Being the bad debt expense is recorded)      

c. Bad debt expense  $18,240   {($143,000 × 8%) + $6,800}

             To Allowance for doubtful debts $18,240

(Being the bad debt expense is recorded)      

Since same entry are passed but the amount are different as in the first case the bad debt is calculated on credit sales. In the second case, it is calculated on total sales and on the third case it is calculated on account receivable after considering the debit balance

4 0
3 years ago
If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is:
Luden [163]

Answer:

Hello Friend, I've done my personal research, and I apologize if the answer is incorrect.

The natural unemployment would be 5%.

Explanation:

The percentages of both kinds of employment statuses have an amount of what the natural rate of unemployment would be 5% which is the answer that is provided.

7 0
3 years ago
On July 1, Year 4, Pell Co. purchased Green Corp. 10-year, 8% bonds with a face amount of $500,000 for $420,000. The bonds are c
gayaneshka [121]

Answer:

$21,800

Explanation:

The computation of 4-year revenue is as shown below:-

Bond Income of 4th Year = Face amount × Bond × 1 ÷ 2

= $500,000 × 8% × 1 ÷ 2

= $20,000

Interest Revenue = Bond Income + Amount of Discount Amortized

= $20,000 + $1,800

= $21,800

Therefore for computing the interest revenue we simply bond income with the amount of discount amortized.

6 0
3 years ago
Bargaining associations are required to bargain without making any threats against buyers. true false
Debora [2.8K]

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. The given statement is true.

<h3>What is Bargaining associations?</h3>

The three primary categories of negotiation subjects are obligatory, permissible, and unlawful. The required category includes wages, health and safety, management rights, working conditions, and benefits. Topics that are permitted during the process are ones that are not required but may be discussed.

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. This can then encourage teamwork, boost productivity inside the company, and support stronger economic demand.

Union members typically receive greater wages, better health and pension benefits, and better working conditions. For people who decide to work in education, the advantages of unionization are essential. NEA members use collective bargaining to fight for causes other than their own financial stability.

To negotiate our union contract with the employer, including our pay, benefits, hours, holidays, sick days, staffing levels, seniority, safety, supplies, and other working conditions, a group of union members—our Bargaining Team—sits down with management.  The given statement is true.

To learn more about Bargaining associations refer to:

brainly.com/question/1130553

#SPJ4

6 0
2 years ago
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