Answer:
Find attached amortization table Hart Company bonds.
Explanation:
The amortization schedule starts with cash proceeds received from bondholders of $127,123,then adds interest expense to the cash proceeds using 15% effective interest rat i.e 15%*$127,123 and thereafter deducts interest payment which is 16% of face value i.e 16% *$123,000.
The premium amortization in each year is interest payment minus the interest expense.
Rational choice theory states that individuals rely on rational calculations to achieve outcomes that are in line with their personal objectives. These decisions provide people with the greatest benefit or satisfaction — given the choices available — and are also in their highest self-interest.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Mutual coincidence of wants
Explanation:
For barter to occur between two parties, both parties need to have what the other wants.
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