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1 year ago

Required information

Business

1 answer:

aksik [14]1 year ago

4 0

The answers are:

Book Value of the Bond on December 31 this year = $140,000
Book Value of the Bond on December 31 next year = $140,000

Calculation of the amount of interest expense should be recorded on June 30 and December 31 of this year

Semiannual Interest Rate = Annual Coupon Rate / 2 = 7.5% / 2 = 3.75%

Amount of Semiannual Interest Rate = $140,000 x 3.75% = $5,250

The interest expense should be recorded on June 30 and December 31 of this year is $5,250

The amount of cash is owed to investors on June 30 and December 31 of this year

In this question, cash owed to the investor is the same as the amount paid as interest, so

cash owed to the investor on June 30 = $5,250

Dec 31 = $5,250

Calculation of book value of the bonds on December 31 of this year and December 31 of next year

Book Value as of Year-End = Face Value + Unamortized Premium

= Face Value - Unamortized Discount

Book Value of the Bond on December 31 this year = $140,000

Book Value of the Bond on December 31 next year = $140,000.

Learn more about interest here: brainly.com/question/24924853

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You sold ten put contracts on Cross Town Bank stock at an option price per share of $0.85. The options have an exercise price of

Gnoma [55]

Answer:

-$4,150

Explanation:

Calculation to determine your net profit or loss on this investment

Using this formula

Net profit/Loss=(Option price per share-Exercise price+Stock price)×100×10

Let plug in the formula

Net loss = ($0.85 - $39 + $34) × 100 × 10

Net loss =-$4.15×100×19

Net loss = -$4,150

Therefore your net loss on this investment is -$4,150

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2 years ago

True or false: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with highest pro

AveGali [126]

TRUE

If the society wishes to reduce overall pollution by certain amount, it is efficient to have firms with highest profit bearing the largest burden of reducing pollution and firms with lowest profit bearing the least burden. This is because it will not lead to overall burden on the small firms. If large firms and small firms were to reduce the pollution burden on same rate then it will be very costly for the smaller firms to bear that and it will be a burden of cost on smaller firms.

3 0

3 years ago

The following income statement was produced when volume of sales was at 400 units. Sales Revenue $ 1,600 Variable Cost 700 Contr

lilavasa [31]

Answer:

If volume reaches 500 units, net income will be: $715

Explanation:

When volume of sales was at 400 units:

Selling price per unit = Sales Revenue/400 = $1,600/400 = $4

Variable Cost per unit = Variable Cost/400 = $700/400 = $1.75

If volume reaches 500 units:

Total Sales Revenue = $4 x 500 = $2,000

Variable Cost = $1.75 x 500 = $875

Fixed Cost will not change = $410

Net income = Total Sales Revenue - Variable Cost - Fixed Cost = $2,000 - $875 - $410 = $715

7 0

3 years ago

Jenkins Inc., prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,234,

marishachu [46]

Answer:

$18,334

Explanation:

Given the following :

Cash worth = $1,234

Inventory worth = $13,480

Accounts receivable worth = $7,789

Net fixed asset = $42,331

Other assets = $1,822

Accounts payables = $9,558

Notes payables = $2,756

common stock = $22,000

Retained earnings = $14,008

Long term debt :

Total asset - current liability - stockholders equity

Total asset =current asset + net fixed asset + other asset

Current asset = cash worth + inventory worth + accounts receivables

Current asset = $(1234 + 13480 + 7789) = $22503

Total asset = $(22503 + 42331 + 1822) = $66656

Current liabilities = Accounts payables + notes payables

Current liabilities = $(9558 + 2756) = $12314

Stockholders equity = $(22,000 + 14,008) = $36,008

Long term debt :

Total asset - current liability - stockholders equity

$(66656 - 12314 - 36008) = $18,334

7 0

3 years ago

Which option best describes the word ethical?

weeeeeb [17]

What are the options, sir?

Ethical usually means what is right, or morally right. For example, killing someone isn't ethical, but helping an elderly person up from falling would be the ethical thing to do.

7 0

3 years ago