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irina [24]
4 years ago
8

On July 1, Year 5, Eagle Corp. issued 600 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, Yea

r 5 and mature on April 1, Year 15. Interest is payable semiannually on April 1 and October 1. What amount did Eagle receive from the bond issuance?
Business
1 answer:
nydimaria [60]4 years ago
7 0

Answer:

E) $609,000

Explanation:

amount received by Eagle Corp. = bond selling price + accrued interest

= (bond price x quantity of bonds x face value) + (interest x months x quantity of bonds x face value) =

= (0.99 x 600 bonds x $1,000 per bond)  + (10% x 3/12 x 600 bonds x $1,000 per bond)

= $594,000 + $15,000 = $609,000

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Juno Corporation's stockholders' equity section at December 31, 2019 appears below: Stockholder's equity Paid-in capital Common
wlad13 [49]

Answer:

Explanation:

Date         Particulars                                   Amount (Dr)      Amount (Cr)

6/30/17   Stock dividends

              (60,000 × 20% × 15)                       180000

              Common stock dividend

              distributable                                                             120000

             Paid-in Capital in Excess of Par

              common stock                                                            60000

7/15/17    No entry

7/31/17    Common stock dividend distributable    120000

              Common stock                                                            120000

12/1/17     No entry

12/15/17  No entry

Particulars    

1. Common stock   = (72000 × 2 × 5)                                    $720,000                

2. Number of shares outstanding (60000+12000)×2            144000

3. Par value per share (10/2)                                                  $5

4. Paid-in capital in excess of par  (150000+60000)           $210000

5. Retained earnings   (150000+190000-180000)               $160000

6. Total stockholders' equity                                                   $1090000

4 0
3 years ago
Greta wants to make changes for several Shopping campaigns that she manages. She can use bulk changes to:
klemol [59]

Answer:

The correct answer is A. replace an existing product group

Explanation:

Greta can find in the replacement of products a greater added value from innovation and consumption. In addition, it helps to raise awareness of consumption and the needs to be met.

The replacement of products by services inspires an important transformation towards a culture of sustainability throughout the value chain. It is a strategy that leverages market forces as a source of society's change.

3 0
3 years ago
Principal components of a master budget include a.production budget b.capital expenditures budget c.sales budget d.All of these
murzikaleks [220]

The principal components of a master budget include D. All of the above.

<h3>What is a budget?</h3>

A budget simply means an estimate of the income and expenditure for a particular period.

In this case, the principal components of a master budget include production budget, capital expenditures budget, and sales budget. Therefore, it's all of the above.

Learn more about budget on:

brainly.com/question/24940564

4 0
2 years ago
Scenario D. Jimena works for a small company that makes nut butters from ingredients like cashews and macadamia nuts, and jams f
s2008m [1.1K]

Answer:

D. best-case scenario.

Explanation:

This is true because, there are two scenarios involved in the production- Jimenas' company's production method and Spicy Sides company's method. She is trying to compare the two production methods and comes up with the best case scenario that leads to low cost of production.

8 0
3 years ago
Which of the following is true regarding the high-tech industry today?
emmasim [6.3K]

Answer:

businesses are often located near major universities or research institutions

Explanation:

High technology, or high tech (sometimes also called frontier technology or frontier tech), is technology that is at the cutting edge: the most advanced technology available.

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