Answer:
The solution of the given query is explained throughout the segment below.
Explanation:
The given values are:
Company issued amount,
= $6,500,000
Rate of interest,
= 6%
Time,
= 10 years
Now,
On bonds payable amortization, the discount will be:
= ![\frac{6,500,000 -5,614,000}{10}](https://tex.z-dn.net/?f=%5Cfrac%7B6%2C500%2C000%20-5%2C614%2C000%7D%7B10%7D)
= ![\frac{886,000}{10}](https://tex.z-dn.net/?f=%5Cfrac%7B886%2C000%7D%7B10%7D)
=
($)
Interest expenses will be:
= ![(6,500,000\times 6 \ percent) + 88,600](https://tex.z-dn.net/?f=%286%2C500%2C000%5Ctimes%206%20%5C%20percent%29%20%2B%2088%2C600)
= ![390,000+88,600](https://tex.z-dn.net/?f=390%2C000%2B88%2C600)
=
($)
Answer:
69.77 days
Explanation:
days' sales in inventory = number of days in a period/ inventory turnover
inventory turnover = Cost of goods sold / average inventory
Inventory turnover = $11,221 / $2,145 = 5.231235
days' sales in inventory = = 365 / 5.231235 million = 69.77 days
C coverage because it’s money to pay for the accident etc.
Answer:
D.
discouraging the use of products like alcohol and tobacco
Explanation:
Excise taxes can be regarded as taxes that are been paid after purchasing a particular goods such as gasoline, it is also extended on activities like usage of high ways.. It should be noted that besides raising revenue, discouraging the use of products like alcohol and tobacco is another important use of excise taxes.
Answer:
party A will pay floating rate while party B will pay fixed rate
Explanation:
For A
Sources at floating rate = prime 1%
received fixed rate = 8.9%
For B
sources fixed rate = 8.9%
Received floating rate = prime 1%
For a mutually beneficial interest only swap that makes money for A,Band the swap bank in equal measure, the party A will pay floating rate while party B will pay fixed rate