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allsm [11]
3 years ago
14

On January 1, Year 1, Weller Company issued bonds with a $260,000 face value, a stated rate of interest of 10.00%, and a 10-year

term to maturity. Weller uses the effective interest method to amortize bond discounts and premiums. The market rate of interest on the date of issuance was 8.00%. Interest is paid annually on December 31. Assuming Weller issued the bonds for $280,640, what is the carrying value of the bonds on the December 31, Year 3?
Business
1 answer:
Luden [163]3 years ago
3 0

Answer:

The carrying value of the loan in year 3 is $269,119.18

Explanation:

The carrying of the bond in year 3 comprises the loan opening book value in year 3 plus interest calculated on the opening balance using the yield to maturity less the  coupon payment calculated as a percentage of face value as computed in the attached excel file.

You would notice that the carrying values in years 1, 2 and 3 are $277,091.20,$273,258.50  and $269,119.18

Kindly find attached.

Download xlsx
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the direct consumers of the product are the client public. target markets are defined much more easily. goods are marketed more
Studentka2010 [4]

Answer:

This question is incomplete, the questions itself is missing. The correct question is the following:

"In nonprofit organizations," ...

And the correct option is the first one: The direct consumers of the product are the client public.

Explanation:

To begin with, the nonprofit organizations are those that focus on the fact of giving its service or product to the public in general because there is an extremely importance in the good itself so that is why that the organization focus on reaching every member of the community because the product or service should be at the reach of all. And that is why that in the nonprofit organizations the direct consumers of the product or service are the client public.

5 0
2 years ago
Bill Builder entered into a contract with Carl's Carpets to supply him with the carpeting he needed to complete the renovation o
pshichka [43]

Answer:

consequential damages

Explanation:

According to my research on different types of law suits, I can say that based on the information provided within the question Bill can recover the 900 he lost from Carl as consequential damages. These are damages have happened because of one party's failure to meet a certain deadline or contractual obligation and can be proven in court. Therefore since Bill can prove that he lost the 900 because of Carl's negligence he will most likely win that case.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
services act as a middleman, allowing individuals to securely send and receive money. select all that apply. a. p2p b. b2b c. b2
k0ka [10]

Services act as a middleman, allowing individuals to securely send and receive money is A. p2p

<h3>How to illustrate the information?</h3>

It should be noted that p2p simply means the peer to peer platform that allows two individuals to be able to interact directly without the third party.

Peer-to-peer (P2P) lending eliminates the need for a middleman financial institution by allowing borrowers to get loans directly from other borrowers. P2P lending has become much more popular as a substitute for traditional funding thanks to websites that make it possible.

It should be noted that they act as services that act as a middleman, allowing individuals to securely send and receive money.

Therefore, the correct option is A.

Learn more about money on:

brainly.com/question/24373500

#SPJ1

7 0
1 year ago
Below are the account balances for a company at the end of December. Accounts Balances Cash $ 4,900 Salaries expense 1,950 Accou
Alexus [3.1K]

Answer:

See below

Explanation:

The preparation of the end December income statement for the company is seen below;

Service revenue

$8,800

Less:

Salaries expenses

($1,950)

Utilities expenses

($1,000)

Net income

$5,850

5 0
2 years ago
In an inventory control system, the annual demand is 12,000 units, the ordering cost is GHS 30 per order and the inventory holdi
Fittoniya [83]

Answer:

Total cost per year = $1,801,860

Explanation:

Given:

Annual demand = 12,000 units

Ordering cost = $30 per order

Inventory holding cost = $3 per year

Order quantity = 1000 units

Cost per unit of the item = $150

Find:

Total cost per year

Computation:

Total cost per year = Purchase cost + Order cost + Inventory holding cost

Total cost per year = [12,000 x 150] + [12,000/1000 x 30] + [1,000/2 x 3]

Total cost per year = 1,800,000 + 360 + 1500

Total cost per year = $1,801,860

5 0
2 years ago
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