1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nookie1986 [14]
2 years ago
8

When using the effective-interest method of amortization, interest expense reported in the income statement is impacted by the a

. Face value of the bonds. b. Coupon rate stated in the bond certificate. c. Market rate of interest on the date the bonds were issued. d. Both (a) and (b).
Business
1 answer:
saw5 [17]2 years ago
3 0

When using the effective-interest method of amortization, interest expense reported in the income statement is impacted by the Market rate of interest on the date the bonds were issued.

Amortization is an accounting technique used to periodically lower the ebook value of a loan or an intangible asset over a hard and fast term. regarding a loan, amortization focuses on spreading out loan bills through the years. while completed to an asset, amortization is just like depreciation.

Amortization is the accounting exercise of spreading the price of an intangible asset over its beneficial life. Intangible properties are not physical in nature however they are, no matter the truth, property of charge. Examples of intangible belongings which might be expensed via amortization include Patents and logos.

Learn more about amortization here: brainly.com/question/14511778

#SPJ4

You might be interested in
According to Mendenhall and Oddou, which of the following dimensions that predicts success in a foreign posting strengthens an e
Ne4ueva [31]

According to Mendenhall and Oddou <u>self-orientation</u> predicts success in a foreign posting strengthens an expatriate's self-esteem, self-confidence, and mental well-being.

<u>Option: D</u>

<u>Explanation:</u>

Mendenhall and Oddou belief that self-orientation is beneficial to have assumption regarding success in foreign posting capacities by showcasing sufficient amount of self-confidence and mental stability.

Self-orientation allow the representative to arrange the strategy or upcoming conversation in mind according to on going scenario, this is only possible when one is having a stable self-oriented brain rather then doubtful, full of questions, nervous mode or any unimpressive act.

Here, they have correlated self-orientation with positive side of business inspite of being only self concern and not considering other factors.

6 0
3 years ago
A company purchased a computer system at a cost of $34,000. The estimated useful life is 7 years, and the estimated residual val
Ipatiy [6.2K]

Answer:

$7,000

Explanation:

Calculation for the depreciation expense for the second year

Depreciation rate will be:

2/7 = 29%

$34,000 × 29% = $9,860

The depreciation in the first year will be $9,860

Thus,

($34,000 - $9,860) × 29%

$24,140×29%

= $7,000

Therefore the depreciation expense for the second year will be $7,000

3 0
3 years ago
Suppose you are the owner of a picture frame store and you wish to calculate how many pictures you must sell to cover your fixed
Hunter-Best [27]

Based on the selling price of the picture frames and the unit variable costs, the break-even point is 400 picture frames.

<h3>What is the breakeven point?</h3>

This can be found by the formula:

= Fixed costs / (Selling price - Variable costs)

Solving gives:

= 32,000 / (120 - 40)

= 32,000 / 80

= 400 picture frames

Find out more on breakeven point at brainly.com/question/21137380.

#SPJ12

3 0
3 years ago
OS Environmental provides cost-effective solutions for managing regulatory requirements and environmental needs specific to the
timofeeve [1]

Answer:

the question is incomplete, so I looked for a similar one online:

December 31, year 1:

interest expense = $5,300,000 x 12% x 6/12 = $318,000

September 30, year 1:

interest expense = $5,300,000 x 10% x 3/12 = $132,500

October 31, year 1:

interest expense = $5,300,000 x 9% x 4/12 = $159,000

January 31, year 2:

interest expense = $5,300,000 x 6% x 7/12 = $185,500

4 0
3 years ago
Lisa Frees and Amelia Ellinger have been operating a catering business for several years. In March, the partners plan to expand
melisa1 [442]

Answer:

See explanation

Explanation:

See the image below to get the appropriate answer:

3 0
3 years ago
Other questions:
  • How likely is it that food sales would exceed $220,000 if attendance is 18000?
    5·1 answer
  • Which of the following is an advantage of a CD?
    13·1 answer
  • Sapana and Jim are discussing American beer. Sapana says that most American beers are of the bock beer type. Jim disagrees and s
    13·2 answers
  • Nutritional Foods reports merchandise inventory at the lower of the cost or market. Prior to releasing its financial statements
    7·1 answer
  • Bill Walters was hired by Amazon.com five years ago. He has received three promotions and five consecutive pay raises. He expect
    5·1 answer
  • 1.
    14·1 answer
  • Places where early peoples met and traded developed into __________.
    7·1 answer
  • Profits produced by the laboring classes are accrued by business owners who use these profits for reinvestment or to enrich them
    12·1 answer
  • In the last decade of the century, ____ became a major force in the economy in regard to business.- reduced business profits- hi
    5·2 answers
  • Stanislaw Timber Company owns 9,000 acres of timberland purchased in 2009 at a cost of $1,400 per acre. At the time of purchase,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!