Answer:
12%
Explanation:
Album Co. paid $12,000 for interest, and that is the stated interest of the bonds.
Stated interest = $12,000 / $200,000 = 6% semiannually, therefore the annual stated interest is 6% x 2 = 12%
The stated rate is applied to the face value of the bonds, regardless of their selling or trading price.
<span>The clinician will next gather any relevant information about the client, such as information from family members and people close to the client. This will allow the clinician to make a more thorough diagnosis and better understand any variables that might be working for or against the person.</span>
Answer and Explanation:
The computation of the net income or loss for the year is shown below:
As we know that
Ending retained earnings balance = beginning retained earning balance + net income or net loss - dividend paid
$35,000 = $30,000 + net income or net loss - $13,000
$35,000 = $17,000 + net income or net loss
So, the net income or net loss is $18,000
This is an answer but the same is not provided in the given options
Things like enthusiasm and knowledge
