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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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Type the correct answer in the box. Spell all words correctly
Otrada [13]

Answer:

Explanation:

Dyslexia is a common learning difficulty affecting both children and adults. While no two individuals struggle with the same symptoms, generally people with dyslexia must work harder than their others to develop literacy skills.

They usually need more time to read and write, and go through series of frustration navigating numbers.

Therefore it will be best for Nathanael to use diagrams in his adverts to convey the message the company is trying to get across, because Individuals with dyslexia have more of a visual mind.

Also using less words and highlighting keywords with bright colours will make it clearer.

6 0
3 years ago
Darden restaurants received a prestigious award for its commitment to quality. which one did it​ receive?\
Yuri [45]
<span>Darden restaurants received the Black Pearl award.This is a prestigious award that recognizes a company for its commitment to corporate excellence in food safety and quality. The Black Pearl Award is given yearly by the International Association for Food Protection. The award was created in 1993 by Wilbur Feagan of F&H Food Equipment Company and member of the IAFP.</span>
5 0
4 years ago
Equipment was purchased at a cost of $78,000. The equipment had an estimated useful life of five years and a residual value of $
lyudmila [28]

Answer:

Loss of $7,000

Explanation:

Data provided in the question:

Purchasing cost = $78,000

Residual value = $3,000

Useful life = 5 years

Selling cost = $8,000

Now,

Annual depreciation = [ Cost - Residual value ] ÷ Useful life

= [ $78,000 - $3,000 ] ÷ 5

= $75,000 ÷ 5

= $15,000

Therefore,

Accumulated depreciation of 4 years = 4 × Rate of depreciation

= 4 × $15,000

= $60,000

Therefore,

Book value at the end of 4 year = Cost - Accumulated depreciation

= $75,000 - $60,000

= $15,000

Since,

Book value at the end of 4 year is greater than the selling cost

therefore,

there is loss = Book value - Selling cost

= $15,000 - $8,000

= $7,000

Hence,

Loss of $7,000

7 0
3 years ago
Which is not the cost of rising unemployment in an economy?
notka56 [123]

Answer:

e)Flourishing Economy

Explanation:

Unemployment is a scenario where members of the adult population seek job opportunities but cannot get any. Therefore, an unemployed person is a jobless adult who is actively seeking employment.

Unemployed people have no income, which means they do not pay taxes. They may resort to crime to support themselves. Jobless people usually claim unemployment benefits, which is a burden to the government. A jobless person is mostly idle, which is a waste of skill, time, and knowledge.

Unemployment has adverse effects on the economy. It does not support the growth or flourishing of economic activities.

3 0
3 years ago
A newsvendor acquired 600 copies of a newspaper in the morning, sold 465 of them and then disposed of the rest of the newspapers
zaharov [31]

Answer:

Underage costs are the cost of suffering a shortage, and they are calculated by subtracting the unit cost form the selling price. Underage costs = unit price - unit cost

Overage costs are the costs of producing one unit.

Underage cost = price - overage cost

Explanation:

Suppose that the newsvendor pays $1 for each newspaper and sells them for $2.50. The overage cost = $1 per newspaper x 600 newspapers = $600

The underage cost = selling price - overage cost = $2.50 - $1 = $1.50

If the newsvendor sold 465 newspapers and disposed 135, his profit will be:

(465 x $1.50) - (135 x $1) = $697.50 - $135 = $562.50

5 0
3 years ago
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