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3 years ago

Turner Company issued $300,000 of 6%, 5-year bonds at 98.

Business

1 answer:

Vladimir [108]3 years ago

3 0

Answer:

d. $19,200

Explanation:

Turner Company issued $300,000 of 6%, 5-year bonds at 98. Assuming straight-line amortization and annual interest payments, how much bond interest expense is recorded on the next interest date?.

=($300,000 x 6% plus $6,000/5)

Therefore the correct answer is d)$19,200

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Answer:

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Explanation:

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3 years ago

A flood damaged several vans belonging to a nongovernmental, not-for-profit organization. A professional mechanic repaired the v

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Answer:

b. As both an increase in the equipment account and an increase in contributions from donated services.

Explanation:

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3 years ago

"Between 2000 and 2008, the price of oil increased from $30 per barrel to $140 per barrel, and the price of gasoline in the Unit

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Answer:

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Explanation:

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3 years ago

Suppose that a demand curve exhibits two points. Initially, at price P 0 P0 , the quantity demanded is Q 0 Q0 . When price chang

Vinvika [58]

Answer:

$Price Elasticity of Demand= \frac{Percentage change in Demand}{Percentage change in Price}$

At Price = $P_{0}$

Quantity demanded = $Q_{0}$

At Price = $P_{1}$

Quantity Demanded = $Q_{1}$

Now,

$Percentage change in Demand = \frac{(Q_{1} - Q_{0})}{Q_{0}}$

$Percentage change in Price = \frac{(P_{1} - P_{0})}{P_{0}}$

$Price Elasticity of Demand = \frac{\frac{(Q_{1} - Q_{0})}{Q_{0}}}{\frac{(P_{1} - P_{0})}{P_{0}}}$

Above formula if used will give the correct answer related to Price Elasticity of Demand.

Another variant of above formula is also being used on prominent basis.

$Price Elasticity of Demand = \frac{\frac{(Q_{1} - Q_{0})}{(Q_{1} + Q_{0})} }{\frac{(P_{1} - P_{0})}{P_{1} + P_{0}} }$

Utilization of any of the above Formula will give the ideal outcome in estimating Price elasticity of demand.

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3 years ago

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inn [45]

Answer: Off- Price Retail Store

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3 years ago