Answer:
$14,747,642
Explanation:
Data provided in the question
Issued amount = $15,000,000
Coupon rate = 7.8%
Time period = 20 years
Yield to maturity is 8%
So for computing the carrying value of the bonds
First we have to compute the discount amortization for 3 years which is shown below:
= ($15,000,000 - $14,703,108) ÷ 20 years × 3 years
= $44,533.80
So, the carrying value of the bonds
= $14,703,108 + $44,533.80
= $14,747,642
1. After multiple rounds of layoffs, a plastics processing plant goes into bankruptcy because it has failed to keep up with technological developments in the field. It is called dissolution.
2. Crisis is a multinational conglomerate facing a turbulent environment embarks on a cost-cutting campaign instead of spinning off companies and divisions that are no longer in line with the company’s core competencies.
3. Blinded is a college president doesn’t recognize that the availability of free online education is going to dramatically reduce the number of people who are willing to pay for a college degree.
Explanation:
Dissolution is the final phase of liquidation, the closure of a company, and the transfer of the property and assets of the company. Relationship breakup is the first of two phases of relationship termination.
For example, marriage breakdown. It is the last winding-up process of corporate law.
There are several types of circumstances where disaster conditions can be considered. Which include: social disturbance or interruption of the family, as stated at the outset of the lesson. Natural hazards -floods, tornados, storm events, explosions and other natural phenomena incident.
The answer is C. analyze your current personal and financial situation
Answer: (d) liability - refundable deposits.
Explanation:
The refundable deposit of $1,000 was a liability because Growler owed it to the customer and were simply holding it for when the customer returned the equipment.
Upon receipt of the deposit, they credited the Refundable deposits accounts which is a liability account. Now that the customer has returned the cleaning equipment and the deposit is to be refunded to the customer, Growler should now debit the Refundable deposits account to cancel out the liability.
