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Gnom [1K]
3 years ago
6

To determine the six-month interest payment amount on a bond, you would take one-half of the market rate times the face value of

the bond.
Business
1 answer:
MrRa [10]3 years ago
3 0

Answer:

False

Explanation:

To determine the six month interest payment on a bond, you must multiply the face value of the bond times half the annual contract rate of the bond. The contract rate of the bond is the interest rate used to calculate the bond's coupon.

The market rate of the bond may or may not be equal to the contract rate. If the bond was sold at a premium, the market rate is lower than the contract rate. If the bond is sold at a discount, the market rate will be higher than the contract rate.

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At the beginning of 2021, Artichoke Academy reported a balance in common stock of $154,000 and a balance in retained earnings of
professor190 [17]

Answer and Explanation:

The preparation of the statement of the stockholder equity and balance sheet would be shown in the attachment below:

The formulas for ending retained earning balance and stockholder equity  is

Ending retained earnings = Opening retained earnings + net income - dividend paid

And, the ending equity is

= Opening equity + additional shares

The same would be shown in the attachment

4 0
2 years ago
The inventory subsidiary ledger is used a.to keep track of inventory sold. b.to keep track of proper inventory maximum and minim
Serggg [28]

Answer:

All of these choices are correct

Explanation:

The inventory subsidiary ledger is used to keep track of the true inventory levels all the time in a company and whether inventory goes missing or not, they keep track of every movement of inventory that happens in a company.

6 0
3 years ago
Read 2 more answers
Sanchez Company's output for the current period was assigned a $400,000 standard direct labor cost. The direct labor variances i
o-na [289]

Answer:

$406,000

Explanation:

Calculation to determine the actual total direct labor cost for the current period

Using this formula

Actual direct labor cost=Standard direct labor cost + unfavorable rate variance - favorable efficiency variance

Let plug in the formula

Actual direct labor cost=$400,000 + $10,000 - $4,000

Actual direct labor cost= $406,000

Therefore the actual total direct labor cost for the current period is $406,000

5 0
3 years ago
Layne wants to set up her PivotTable to show how her total sales were distributed across the
Sav [38]

The command that would help to show the total sales distributed in the month that she wants to see is the Show Field List.

<h3>What is the show field list?</h3>

This is the command that tells the spreadsheet that you want to view the values that are in a field.

This command would show the list after you carry out the action of right clicking on the pivot table.

Read more on the pivot table here:brainly.com/question/15214258

7 0
2 years ago
What should the accumulated depreciation equal at the end of the asset's useful life?
Advocard [28]

What should the accumulated depreciation equal at the end of the asset's useful life The Balance In Accumulated Depreciation Will Be The Same Amount Under all the depreciation methods.

The depreciation of an asset up to one point in its life is referred to as accumulated depreciation. Since accumulated depreciation is a counter asset account, its natural equilibrium is a credit that lowers the asset's total value. General accepted accounting principles (GAAP) require that expenses be matched to the same accounting period in which the relevant revenue is generated. This is known as the matching principle. A business will depreciate a portion of a capital asset's value over the course of each year of its useful life. This implies that the expense related to using up an asset that has been capitalised is reported every year the asset is put to use and generates income.

Learn more about depreciation here

brainly.com/question/15085226

#SPJ4

8 0
1 year ago
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