Answer:
the issue price of the bonds is $593,177
Explanation:
The computation of the issue price of the bonds is shown below:
Particulars Amount PV factorat 5% Present value
Semi-annual interest $28,350 11.68959 $331,400
Principal $630,000 0.41552 $261,778
Total $593,177
hence, the issue price of the bonds is $593,177
Answer:
Objectives of accounting in any business are; systematically record transactions, sort and analyzing them, prepare financial statements, assessing the financial position, and aid in decision making with financial data and information about the business.
I hope it will help you
<span>They can negotiate with wholesaler in order to buy in bulk. Basically, they say ''we'll buy tons and tons of this item if you give use discount. ''smaller companies can't afford to make the same negotiation.</span>
Answer:
- a. Proceeds from Condemnation of Land
- c. Cash paid for unexpected major equipment repairs
Explanation:
The Cash Flow statement records only activities that affect the cashflow of the company. The Investing Activity section of the Cashflow statement deals with capital goods (PPE) and investments in other company securities.
The proceeds from land condemnation will go to the Investing activities section as it has to do with capital goods and the cash paid for unexpected major equipment repairs will see the equipment being used in the long term so it goes to Investing as well.
