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Alex777 [14]
4 years ago
8

On January 1, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannu

ally on June 30 and December 31. The bonds are sold at par. 1. How much interest will Boston pay (in cash) to the bondholders every six months
Business
1 answer:
Mrrafil [7]4 years ago
6 0

Answer:

interest expense per coupon payment (every 6 months) = $153,000

Explanation:

In this case, since the bonds were sold at par, the interest expense and the actual cash payments are the same (no premium or discount would be amortized). To calculate the interest payment we just multiply the bonds' face value x annual interest rate x 1/2 (semiannual coupons) = $3,400,000 x 9% x 1/2 = $153,000

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Which of the following statements is true? Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer
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Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer to the dollars collected by the government in taxes.

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4 years ago
Natal Technologies is developing a superior ultrasound machine for which it is required to invest $800,000. Based on the company
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Answer:

d. 4 years.

Explanation:

The payback period is the length of time that it takes for the future cash flows to equal the amount invested in a project. It takes 4 years to get $800,000 for  Natal Technologies product.

5 0
3 years ago
1. Mrs. Ryan plants 3 flowers along 4 inches of a garden row. The garden row is 3 feet long.
finlep [7]

Question 1. if 3 flowers = 4 inches, and she has a 3 foot long row to plant flowers, then we need to see how many inches the row is.

1 foot = 12 inches

12 inches x 3 = 36 inches, or 3 feet.

Now we need to divide.

36 divided by 4 = 9.

So now we know that Mrs. Ryan can plant x amount of flowers 9 times. This makes the answer easier to find.

To find the answer, we need to simply multiply 3 and 9.

3 x 9 = 27.

<em>Your answer would be Mrs. Ryan planted 27 flowers.</em>

Question 2. this is simple. Just multiply 5 and 3.

5 x 3 = 15.

<em>Your answer would be Mrs. murphy bought 15 feet of fabric.</em>

Question 3. This is simple...Just multiply 4.3 x 100, or move the decimal over to the right twice and put a 0 where theres an empty space.

4.3 x 100 = 430

<em>Your answer is the line is 430 centimeters wide.</em>

Question 4. This is simple, just multiply 2.9 x 100 or move the decimal over to the right twice and put a 0 where there's an empty space.

2.9 x 100 = 290

<em>Your answer is The book is 290 milliliters wide.</em>

Question 5. This is also very simple. This time we add a decimal twice to the left. Put the decimal next to the 0 in 210.

210.

21.0

2.10

<em>Your answer would be the bookshelf is 2.1 meters tall.</em>

Question 6. This is simple, again... Just multiply 13 and 2.54.

2.54 x 13 = 33.02

<em>Your answer would be c, 33.02 cm.</em>

Question 7. This is simple, again... Just multiply 13 and 2.54.

2.54 x 13 = 33.02

<em>Your answer would be c, 33.02 cm.</em>

6 0
3 years ago
Raw materials purchased $265,000 Direct labor 300,000 Actual factory overhead 198,000 Applied factory overhead 200,000 Inventori
ehidna [41]
Yes I’m gonna give him my internet homework and then he will give
6 0
3 years ago
Splish Brothers Inc. uses a perpetual inventory system. Data for product E2-D2 include the following purchases.
harkovskaia [24]

Answer:

Splish Brothers Inc.

Perpetual Inventory Schedule using moving average costs:

Date       Description   Number   Average Cost  Total Cost          Cost

                                     of Units                                                   Balance

May 7         Purchase       105               $7                $735            $735

June 1        Sales              (55)              $7                  385              350

July 28       Purchase         63             $18                1,134            1,484

August 27  Sales              (84)            $13.1327        1,103               381

Explanation:

a) Data and Calculations:

Date                          Number of Units   Unit Price    Total Costs

May 7         Purchase           105                $7                $735

June 1        Sales                  (55)               $7                  385

July 28       Purchase            63              $18                 1,134

August 27  Sales                 (84)             $13.1327        1,103

Cost of goods sold = $1,488 ($385 + $1,103)

Ending inventory =       $381

8 0
3 years ago
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