Answer:
cash 910,000 debit
bonds payable 850,000 credit
premium on BP 60,000 credit
-- to record issuance of bonds --
interest expense 63700 debit
amortization 4300 credit
cash 68000 credit
--to record coupon payment at December 31th--
Explanation:
issuance:
cash proceed of 910,000 face value of 850,000 the 60,000 difference wil be a premium.
interest entry:
we multiply the carrying value of the bonds by the market rate
we calcualte the cash procees as ussual: face value x bond rate
the difference wil be the amortization on premium
910,000 x 7% 63,700
850,000 x 8% 68,000
amorization 4,300
The correct option is your enjoyment of the bagel
The student center on campus has burritos, bagels, or burgers for lunch, and they all cost the same. You decide to have a burger today, but if they were out of burgers, you would have bought a bagel. Your opportunity cost is your enjoyment of the bagel.
Answer:
The systematic portion of the unexpected return is 1.180% and the unsystematic portion was 0.288%
Explanation:
E(R) = 0.034 + 1.18*(0.108 - 0.034) = 0.12132
R - E(R) = 0.136 - 0.12132 = 0.01468
RM - E(RM) = 0.118 - 0.108 = 0.01
[RM - E(RM)] * Beta = 0.01 * 1.18 = 0.0118 = 1.180%
[R - E(R)] - [RM - E(RM)] * Beta = 0.01468 * 0.0118 = 0.00288 = 0.288%
Answer:
Is this reading then answering questions or....
Explanation:
I dont get the question sry but I'll try to help
Answer:
True
Explanation:
The working capital is the difference between the current assets that is used in daily operations e g cash to current liabilities that are to be met in daily operations e g suppliers credit.
It's better kept at ratio 2:1 for the Company to continuously meets his obligations in order to ensure perpetuity.
