Answer:
a.
January 1 Cash 720000 Dr
Discount on Bonds Payable 30000 Dr
Bonds Payable 750000 Cr
b.
January 1 Cash 772500 Dr
Bonds Payable 750000 Cr
Premium on Bonds Payable 22500 Cr
Explanation:
a.
When the bonds are issued at 96, this means that they are issued at 96% of the face value of the bond which is 750000 * 0.96 = 720000
So, the cash received from issuing the bonds is 720000. As the face value of the bonds is 750000 which will be recorded as bonds payable, the difference between the cash received and the face value is the discount amount which will be debited.
b.
When the bonds are issued at 103, this means that they are issued at 103% of the face value of the bond which is 750000 * 1.03 = 772500
So, the cash received from issuing the bonds is 772500. As the face value of the bonds is 750000 which will be recorded as bonds payable, the difference between the cash received and the face value is the premium amount which will be credited.
5.00 in intrest
will be the answer
->>>5.35%
( 1 + 0.0798) = (1+r) (1+h)
(1+r) = ( 1+0.0798 ) / ( 1 + 0.025) = 1.0535
r = 1.0535 - 1 = 0.0535
so answer is B 5.35%
Answer:
2,080 units
$686,400
Explanation:
The computation of the number of camera sales in units is shown below:-
Number of camera sales in units = Sold units + (Sold units × Percentage of growth in units sales)
= 2,000 + (2,000 × 4%)
= 2,000 + 80
= 2,080 units
The computation of the amount of camera sales is shown below:-
Amount of camera sales = Number of units × Selling price per unit
= 2,080 × $330
= $686,400
1.5 units of good x can the consumer purchase if her income is $15 and she spends it entirely on purchasing good x.
A budget constraint in economics refers to all the combos of goods and services that a consumer can buy given current prices and his or her given income.
Consumer theory examines the parameters of consumer choices using the theories of a budget constraint and a preferential map.
In the two-good case, both theories have a ready graphical representation.
Consumers can only buy as much as their income allows, so they are limited by their budget.
The equation of budget constraint is:
*x + 
*y = m
where is the price of good X,
is the price of good Y,
x is units of good X,
y is units of goods Y,
and m is income.
m = 15
Px = 10
Py = 5
15 = 10x + 5y
Since she spends it entirely on purchasing good x
15 = 10x + 0
15 = 10x
x = 15/10
= 1.5
Hence, The consumer can purchase an amount of Good X = 1.5.
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