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rjkz [21]
3 years ago
15

A company issued 6-year, 8% bonds with a par value of $1,050,000. The market rate when the bonds were issued was 7.5%. The compa

ny received $1,060,500 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:
Business
1 answer:
Nataly_w [17]3 years ago
5 0

Answer:

$41,125

Explanation:

The calculation of semiannual interest period is shown below:-

Interest = 8% ÷ 2 = 4%

Interest paid = $1,050,000 × 4%

= $42,000

Premium on bonds amortization = (($1,060,500 - $1,050,000)÷ 12)

= $10,500 ÷ 12

= $875

Interest expense = Interest paid - Premium on bonds amortization

= $42,000 - $875

= $41,125

So, for computing the interest expense we simply deduct the premium on bonds amortization from interest paid.

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Harmon recently quit his job that he had worked at for the past 10 years in
Leviafan [203]

Answer:

d. Harmon only needs to show the bank his record of income from

his old job, not his new business.  

5 0
3 years ago
A recent study conducted by Estelle Cosmetics Company showed that heavy users of Estelle's products comprise a small percentage
s344n2d4d5 [400]

Answer: Segmentation by usage

Explanation: Segmentation by usage splits customers according to how often they use a product. Using segmentation by usage, customers can be classified into non - users, who don't use the product at all, light and medium users, who can range from little usage of the product to average use of the product, and heavy users, who mostly use these products.

From thr first paragraph it is clear that usage segmentation is used to separate the user's into different classes based on their usage, and identify which class to target when it comes to sales. At Estelle Cosmetics Company, it was deduced that of this company's total sales, less than 7% of this market are heavy users. These users purchase nearly 71% of the company's products. This company will probably focus their marketing efforts on the heavy users, as they contribute to the majority of sales within their company.

7 0
3 years ago
All large modern economies have become mostly market economies because market economies provide __________.
7nadin3 [17]
The answer is C. Hoped this helped you
7 0
3 years ago
Test the following sentences to see if headwords and verbs agree:
Maru [420]

Answer:

a). The statement on the income tax form about the deduction for children and other dependents was simply unreadable.

b). The type of career that many graduates are hoping to pursue pay high salaries and provide long vacations.

c). Apparently, the use of robots in factories has been responsible for a great deal of worker dissatisfaction.

d). The problems associated with government deregulation have been responsible for the economic plight of several major airlines in recent years.

e). The impact of computers on our lives is comparable to the impact of the industrial revolution.

f). The amount of money and time I spend on computer games <u>is</u> more than I can afford.

Explanation:

Subject-verb agreement is described as the grammatical rule according to which the subject, as well as, the verb must agree with one another in number. As per the rules, if the subject(noun or noun phrase) is singular, it will take a singular verb while if the subject is plural(noun or noun phrase), it will carry a plural verb.

According to this rule, <u>the first and third sentence fails to follow this agreement</u>. The first sentence inadequately carries a plural verb 'were' with the singular noun ('The statement') and similarly, the third sentence wrongly employs plural verb 'have' with the singular noun 'the use.' The other sentences are grammatically appropriate as the verbs and noun phrases agree in number.

3 0
2 years ago
Today's workers are referred to as __________ and they use BI along with personal experience to make decisions based on both inf
Harrizon [31]

Answer:

Knowledge workers

Explanation:

Business intelligence (BI) refers to the application and practice of collecting and analyzing multi sources (such as suppliers, customers, partners) of information in-other to make better business decisions.

A knowledge worker is one that uses business intelligence with personal experience to make strategic business decisions valuable to the company.

8 0
3 years ago
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