Help me on statistics Homework.

On January 1, 2018, Bradley Recreational Products issued $200,000, 11%, four-year bonds. Interest is paid semiannually on June 3

andrew11 [14]

Answer:

At June 30th, 2020 an investor will purchase the bonds at 197,327 which is the present value of the bond at the market rate.

<u>June 30th entries:</u>

interest expense 11,627.4 debit

discount on bonds payable 627.4 credit

cash 11000 credit

/effective method

interest expense 11,776.25 debit

discount on bonds payable 776.25 credit

cash 11000 credit

/straight-line method

the tables are attached to the answer.

Explanation:

effective method

procceds 193,790

face value 200,000

discount on bonds payable 6,210

bond rate 0.055 (11% annual / 2 payment per year)

market rate 0.06 (12% annual / 2 payment per year)

straight line:

6,210 / 8 (4 years and 2 payment per year) = 776,25‬

5 0

3 years ago

Don, an office equipment sales representative, earns a weekly salary plus a commission on his sales. One week his total compens

Y_Kistochka [10]

Answer:

The answer is: Don's weekly salary is $460 and his sales' commission is 5%

Explanation:

We have to solve the following two equations:

Don's salary week 1 = b + $3,000c =$610

Don's salary week 2 = b + $4,000c =$660

Where:

b = Don's base weekly salary
c = sales' commission

Step 1:

b + $4,000c =$660

$1,000c = $50

Step 2:

c = $50 / $1,000 = 0.05 = 5%

Step 3:

b + ($3,000 x 5%) = $610

b + $150 = $610

Step 4.

b = $610 -$150 = $460

8 0

3 years ago

Ang Li has found it rather hard to move up in her managerial career at her workplace especially when compared to how fellow grad

aleksklad [387]

Answer: A glass ceiling

Explanation:

A glass ceiling is basically refers to the hidden barrier that monitoring the women advancement and also the minority level based on the leadership position, careers and also the discriminate in the workplace.

According to the given scenario, the given situation suggesting about the presence of a glass ceiling in the Li's organization due to the discrimination in the workplace on the basis of achievement an also the high qualification.

Therefore, Glass ceiling is the correct answer.

5 0

3 years ago

What factors maintain differences between countries/religion

PtichkaEL [24]

Answer: Different beliefs of "God"

5 0

3 years ago

Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $16.00

charle [14.2K]

Answer:

Total relevant cost = $143,288

Explanation:

In a make-or buy decision , to determine the optimal course of action we compare the purchase cost of the component from the external market to the relevant variable cost of internal production. Where the relevant cost of in-house production is less than the external price, the company should produce internally and vice versa

Differential cost per unit = 16 - 12 = $4

Total relevant cost = $4× 35,822 = $143,288

Total relevant cost = $143,288

Note the fixed cost of $10 per unit is exclude because it is not relevant ; it would be incurred either way

6 0

3 years ago