Answer:
the journal entry to record bond issuance:
Dr Cash 1,444,000
Dr Discount on bonds payable 76,000
Cr Bonds payable 1,520,000
amortization of discount on bonds payable = $76,000 / 5 = $15,000
coupon payment = $91,200
total interest expense per year = $106,200
total interest expense for the 5 year period = $106,200 x 5 years = <u>$531,000</u>
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True
The answer to this question is true
Answer and explanation:
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The answer that will fill in the blank is savings and loan association. It is because a savings bank has the capability of providing an individual the ability acquire loans and that they could save and deposit on their bank. The loan association also provide these instances for they have the capability to do so.
Direct marketing is often the approach of choice in markets with insufficient or underdeveloped distribution systems.
Direct marketing, selling at once to the patron through the mail, by means of a cellphone, or door-to-door is regularly the approach of choice in markets with insufficient or underdeveloped distribution structures. The technique, of direction, also works well inside the maximum affluent markets.
Direct marketing is a form of speaking a proposal, where companies talk at once to a pre-decided client and deliver a method for an instantaneous reaction. Among practitioners, it is also referred to as direct reaction marketing. By means of comparison, advertising is of a mass-message nature.
Direct advertising and marketing include any advertising that is predicated on direct communique or distribution to personal clients, as opposed to thru a 3rd birthday party including mass media. Mail, e-mail, social media, and texting campaigns are many of the delivery systems used.
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