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BlackZzzverrR [31]
3 years ago
7

Thomas Marley Fitness Gym has $ 700 comma 000 of 20​-year bonds payable outstanding. These bonds had a discount of $ 77 comma 00

0 at​ issuance, which was 10 years ago. The company uses the​ straight-line amortization method. The current carrying amount of these bonds payable is
Business
1 answer:
Aleks04 [339]3 years ago
3 0

Answer:

$661,500

Explanation:

Given that

Bonds payable $700,000

Discount of issuance = $77,000

The computation of current carrying amount is shown below:-

Current carrying amount = Bonds payable - discount on bonds payable

Discount on bonds payable = Discount at issuance  (Issuance ÷ Years bonds payable)

= $77,000 × (10 ÷ 20)

= $38,500

Now we put it into formula

= $700,000 - $38,500

= $661,500

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If Sal sends to Max a high priority e-mail message telling Max that his wife has just died, when in fact Sal knows this to be un
Alika [10]

Answer:

Max may be able to sue a Sal for infliction of emotional distress.

Explanation:

When a person causes distress to another individual is known as inflicting emotional distress, this act can be intentionally or unintentionally. Inflicting emotional distress can result in intense emotions that will result in anxiety and stress in people affected.

The infliction of emotional anguish is an act judged by the law for the emotional damage that it causes to the affected person, despite the absence of physical or material damage; currently, the courts take into account emotional suffering as a grievance towards the person.

For example, in the case of Max he can sue Sal for the emotional damage he caused when he received the mail informing the death of his wife, Sal was committing the act intentionally, since she knew it was not true, whereby Sal can be tried by a court if Max files the lawsuit for inflicting emotional distress.

<em>I hope this information can help you. </em>

5 0
3 years ago
Which of the following loans will typically offer the lowest interest rate
Kay [80]


The loan that offers the lowest interest rate is federal student loan. Payday loan and private loan have higher interest rate relatively which can increase the future worth of the money borrowed. if the interest would have been lower, then the future worth or the money to be paid in the future would be less
7 0
3 years ago
Shelton, Inc. has sales of $435,000, costs of $216,000, depreciation expense of $40,000, interest expense of $21,000, and a tax
Ad libitum [116K]

Answer:

The Income Statement  is-

Sales = $435,000

Costs = 216,000

Depreciation = 40,000

EBIT= $179,000

Interest = 21,000

EBT = $158,000

Taxes = 55,300

Net income = $102,700

I have done this question before in my "Money Management" Dual enrolled class.

:)

4 0
3 years ago
________ involves correcting errors using past routines and present policies.A) Process reengineeringB) Single-loop learningC) C
alex41 [277]

Answer:

B is Correct

Explanation:

5 0
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The federal funds rate is the interest rate that banks charge one another for short-term (typically overnight) loans. When the F
WARRIOR [948]

Answer: decreases

                                                                         

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6 0
3 years ago
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