You can easily apply for loans and support funds both within and outside the country. It also grants you access to funding from the government and private sector.
Answer:
The price of the bonds is $ 1,276.
Explanation:
The value of bond or issue price can be calculated by discounting all future cash flow using effective rate of retun. Detail calculations are given below.
Future Value = Redemption present value (RPV) + Present value of interest (PVI)
RPV = 1,000 (1+5%)^-15 = $ 481 -A
PVI = 36.25 * Annuity factor =$ 759 -B
Future Value = A + B = $ 1,276
Annuity factor = (1- (1+i%)^-n)/i% = (1- (1+5%/2)^-30)/(5%/2) = 20.9303
Answer:
debit to Bad Debt Expense for $5800
Explanation:
Accounts receivable estimated as uncollectible = $8500
Allowance for Doubtful Accounts = $2700
Additional allowance for Doubtful debts required = $8500 - $2700
= $5800
The adjustment to record bad debts for the period will be
Debit Bad debt expense $5800
Credit Allowance for Doubtful Accounts $5800
The right option is debit to Bad Debt Expense for $5800
Answer:
Determine whether the following bonds payable will be issued at face value, at a premium, or at a discount:
a.The market interest rate is 8%. Idaho issues bonds payable with a stated rate of 7.75%.
- Bonds issued at discount because market rate is higher than the bond's coupon rate.
b.Austin issued 9% bonds payable when the market interest rate was 8.25%.
- Bonds issued at premium because market rate is lower than the bond's coupon rate.
c.Cleveland's Cars issued 10% bonds when the market interest rate was 10%.
- Bonds issued at par because bond's coupon rate is equal to the market rate.
d.Atlanta's Tourism issued bonds payable that pay the stated interest rate of 8.5%. At issuance, the market interest rate was 10.25%.
- Bonds issued at discount because market rate is higher than the bond's coupon rate.
I think the correct answer from the choices listed above is option A. It is important to periodically remind the team of the organizational goals in order to <span>keep the daily activities on track by focusing whether they support the goals. Hope this answers the question. Have a nice day.</span>
