1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Readme [11.4K]
3 years ago
14

Washington Inc. issued $705,000 of 6%, 20-year bonds at 98 on January 1, 2009. Through January 1, 2017, Washington amortized $8,

200 of the bond discount. On January 1, 2017, Washington Inc. retired the bonds at 102 (after making the interest payment on that date). What is the gain or loss that Washington Inc. would report for the retirement of this bond?
A. $20,000 gain
B. $14,100 loss
C. $20,000 loss
D. $14,100 gain
E. None of the above
Business
1 answer:
Mashcka [7]3 years ago
7 0

Answer:D.$14,100 gain

Explanation:

The par value of a bond is $100 when it's issued below the price it's issued at a discount which is a loss to the firm and when it's issued above the par value, it's issued at a premium which is a gain.

The issue of $705,000 means 7050 numbers were issued and retiring it $102 means at a premium of $2 per bond and a total of N14,100 gain.

You might be interested in
Leon and Sara are arguing over when the best time is to degrease soup. Leon says that it's easiest to degrease soup when it's bo
Sonbull [250]
I think the answer is d
5 0
3 years ago
Read 2 more answers
Adam is an economist who believes that in the long run, all prices are flexible and that any increase in the money supply will l
ikadub [295]

Answer:

The correct answer is C. classical economist.

Explanation:

Classical economics reoriented economic thinking away from the approach that was based on the preferences of rulers or social classes. The classics emphasized the benefits of free trade and developed an organized analysis of the value of goods and services as a reflection of their cost of production.

Classical economists opposed government intervention in the market through price controls, fees, regulations or any other mechanism that altered its normal functioning.

5 0
3 years ago
When shopping for their brother, jack and james are presented with a red shirt by the sales person. while jack likes the shirt,
Gnesinka [82]

“Preference” is the answer.

 

<span>Jack and James disagreed about the shirt because of the differences in their preference. People have their own inclination towards objects and this could be a result of their personal taste or past experiences. In this case, it could be that Jack liked the shirt’s fabric or color but James didn’t, that’s why they disagreed.</span>

6 0
3 years ago
Read 2 more answers
Logistics is the process of coordinating the flow of goods, services, and information among all members of the supply chain. Gro
Molodets [167]

This is true about about logistics. It is the process of coordinating the flow of goods, services, and information among all members of the supply chain.

<h3>What is the importance of logistics?</h3>

In the business and the supply world, logistics is very important for the reasons that have been listed below:

  • It helps to increase customer satisfaction.
  • It helps in the control of a businesses inventory.
  • It increases efficiency in the business place.
  • It helps to lower rates.

Read more on logistics here: brainly.com/question/23177203

8 0
2 years ago
Let x be per capita income in thousands of dollars. Let y be the number of medical doctors per 10,000 residents. Six small citie
MAVERICK [17]

Answer:

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

R^2 = 0.934^2 =0.872

And we have 87.2% of the variation explained by the linear model given.

\hat y = 5.756(8.5) -36.895=12.031

And we have 12.031 doctors per 10000 residents.

Explanation:

Assuming the following dataset:

x                 y

8.6           9.6

9.3           18.5

10.1          20.9

8.0           10.2

8.3           11.4

8.7            13.1

Assuming this question: "The data has a correlation coefficient of r = 0.934. Calculate the regression line for this  data. What percentage ofvariation is explained by the regression line? Predict the number of doctors per 10,000 residents in a town with a per capita income of $8500."

We want a linear model like this:

y = mx +b

Where m represent the slope and b the intercept for the linear model. And we cna find the slope and b with the following formulas:

m = \frac{n \sum xy - \sum x \sum y}{n \sum x^2 -(\sum x)^2}

b = \frac{\sum y}{n} -m \frac{\sum x}{n}

And from the dataset we have the following values:

n= 6, \sum x =53, \sum y = 83.7 , \sum xy = 755.89, \sum x^2 = 471.04

And replacing into the equation for m we got:

m =\frac{6(755.89) - (53)(83.7)}{6(471.04) -(53)^2}=5.756

And the intercept:

b = \frac{83.7}{6}-36.895 5.756 \frac{53}{6}=-36.895

And then the linear model is given by:

\hat y = 5.756 x -36.895

We can find the estimation replacing x = 8.5 into the linear model and we got:

\hat y = 5.756(8.5) -36.895=12.031

And we have 12.031 doctors per 10000 residents.

The percentage of variation esplained by the model is given by the determination coefficient, on this case:

R^2 = 0.934^2 =0.872

And we have 87.2% of the variation explained by the linear model given.

4 0
3 years ago
Other questions:
  • lpha Corporation is interested in expanding its operations to South Africa. Alpha finds a South African company that is in a sim
    8·1 answer
  • Which type of market consists of many buyers and sellers trading over a range of prices rather than a single market​ price?
    5·1 answer
  • This chart represents different workplaces. Circles A, B, and C are particular to certain career pathways and D represents a typ
    8·2 answers
  • An installment note payment includes a.interest. b.principal plus interest. c.principal. d.None of these choices are correct.
    12·1 answer
  • 23. In an interest rate swap between AAA who wants to convert fixed rate loan to floating-rate loan and BBB who wants to convert
    8·1 answer
  • The general ledger account for Accounts Receivable shows a debit balance of $50,000. The Allowance for Doubtful Accounts has a c
    8·1 answer
  • An industrial manufacturer that works with one or a few large clients and develops products that only these clients will use is
    9·1 answer
  • The expected average rate of return for a proposed investment of $4,250,000 in a fixed asset, using straight-line depreciation,
    6·1 answer
  • The graph shows Keynes's theory of aggregate demand. A line graph shows total economic output on the x axis and price on the y a
    6·1 answer
  • which type of grant is often used by the national government to indirectly promote business development?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!