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Afina-wow [57]
4 years ago
12

A discount on bonds should be reported in the balance sheet: Multiple Choice At the present value of the future addition to bond

interest expense due to the discount. As a reduction in bond issue costs. As a reduction of the face amount of the bond. As a deferred credit.
Business
1 answer:
yawa3891 [41]4 years ago
3 0

Answer:

C. As a reduction of the face amount of the bond

Explanation:

The bond will be recorded at a reduction of face value of the bond this is because an unamortized bond discount is the difference between the face value of a bond, its value at maturity and the proceeds from the sale of the bond by the issuing company, less the portion that has already been amortized (written off in gradual increments) on the profit and loss statement.

A bond discount to face value occurs when the present rate of interest related to a bond is less than the market rate of interest of problems with similar credit risk.

For instance, If on the date a bond is sold, the listed bond's coupon or rate of interest is below current market rates; investors will only comply to purchase the bond at a "discount" from its face value.

Because bond prices and interest rates are inversely related, as interest rates move after bond issuance, bond's are going to be said to be trading at a premium or a reduction to their par or maturity values. Because the bond's coupon or rate of interest is now below market rates, and investors can recover deals (and better yields) with new issues, those selling the bond need to , in effect, mark it right down to make it more appealing to buyers. therefore the bond are going to be priced at a reduction to its face value .

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Evgesh-ka [11]
As a result of the Great Leap Forward, industrial production declined and power shifted to conservative Communist leaders. The answers would be the second and third option. The Great Leap forward also resulted in widespread famine. This led to decrease production, starvation and even c<span>hallenges to Mao Zedong's position. Hope this answer helps.</span>
4 0
3 years ago
Read 2 more answers
tAn employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm's:
kap26 [50]

Complete Question:

An employee has a claim on the cash flows of Martin's Machines. This claim is defined as a claim by one of the firm's:

Group of answer choices

A. residual owners.

B. shareholders.

C. financiers.

D. provisional partners.

E. stakeholders.

Answer:

E. stakeholders.

Explanation:

An employee has a claim on the cash flows of Martin's Machines. This claim is defined as a claim by one of the firm's stakeholders.

A stakeholder can be defined as an individual or group of people that has an interest or concern in a business firm and usually either affect or be affected by the business.

Generally, the key stakeholders of business firm are its employees, public groups, suppliers, investors, creditors, consumers or customers. The employees working in an organization are key internal stakeholders because they play a significant role, function and have both financial and time-based investments in the operations of the business.

6 0
3 years ago
4. Which organization serves as the principal operations center for the Department of Homeland Security? A. Disaster Response Ce
Svetllana [295]

Answer:

B. National Operations Center

Explanation:

The National Operations Center serves as the principal operations center for the Department of Homeland Security which

provide decision support and enable the Secretary’s execution of obligations across the homeland security enterprise by promoting situational awareness and share information.

7 0
3 years ago
Freeman and Associates is a​ medium-sized construction company specializing in​ high-end custom homes. The bookkeeper handles al
ololo11 [35]

Answer:

Answer is a.

Explanation:

The key word here is "streamlined" system. The aim here is to make the company more efficient and effective by  employing faster or simpler working methods, which many times means utilizing more technology or software. So we need to focus on automating a task and eliminate any type of human intervention. As a result we have to integrate the modules in the financial system.

3 0
4 years ago
The financial statements of the Pharoah Company report net sales of $372000 and accounts receivable of $56400 and $27600 at the
snow_lady [41]

Answer:

the average collection period for accounts receivables is 41.2 days

Explanation:

Average Collection Period measures the amount of time it takes to collect credit from accounts owing.

Average Collection Period = Average Accounts Receivables / (Sales/365)

                                            =(($27600+ $56400)/2) / ( $372000/365)

                                            = $42,000/1019.178082

                                            = 41.20967742

                                            = 41.2 days

                             

8 0
3 years ago
Read 2 more answers
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