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3 years ago

When the bonds are sold for more than their face value, the carrying amount of the bonds is equal to:_______

Business

1 answer:

frez [133]3 years ago

7 0

Answer:

b. Face value plus unamortized premium

Explanation:

When bonds are sold for more than their face value, such bonds are to be sold on premium. Mean that the in addition to the face value, an unamortized premium has been paid.

Such cases arises when the coupon payments made by bond are greater than the market rates.

Example: Let's say Samsung issues bonds at 10% coupon rate for 5 years bond while the market rate for the same 5 year bond is 8%. The Samsung is said to have sold the bond on premium.

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The Porter family budget in the new city is shown in the graph. Of the seven expenses shown, which of the following is fixed?

lisabon 2012 [21]

There is no graph I would say though clothing

8 0

2 years ago

LO 3.5If a firm has a contribution margin of $78,090 and a net income of $13,700 for the current month, what is their degree of

kati45 [8]

Answer:

5.7

Explanation:

The contribution margin characterizes the marginal profit per unit of sales. The indicator is useful in various calculations, and can be used as a measure of operational leverage. As a rule, low values of the indicator are characteristic in labor-intensive sectors, high - in capital-intensive industry.

We have these data:

-contribution margin (CM) : $78,090

-net income (NI) :$13,700

-the degree of operating leverage (DoL) : ?

DoL=CM/NI= 78090/13700=5.7

6 0

4 years ago

Richland Enterprises has budgeted the following amounts for its next fiscal year: Total fixed expenses $ 48 comma 000 Selling p

Alik [6]

Answer:

The number of units needed to break even will decrease by 276 units

Explanation:

Giving the following information:

Total fixed expenses $48,000

Selling price per unit $45

Variable expenses per unit $30

Richland Enterprises can reduce fixed expenses by $4,140.

First, we need to calculate the actual break-even point in units:

Break-even point= fixed costs/ contribution margin

Break-even point= 48,000/ (45 - 30)= 3,200 units

New fixed costs= 48,000 - 4,140= 43,860

Now, we calculate the new break-even point:

Break-even point= 43,860 / 15= 2,924

The number of units needed to break even will decrease by 276 units.

6 0

3 years ago

Assume that IBM is expected to pay a total cash dividend of $5.60 next year and that dividends are expected to grow at a rate of

IceJOKER [234]

Answer: $112

Explanation:

The following information can be gotten from the question:

Growth Rate = 5%

Dividend at end of year,D1 = 5.60

Required return, ke = 10%

Then, the current market value will be:

P0 = De/(ke-g)

= 5.60/(10% - 5%)

= 5.60 / 5%

= 5.60/0.05

= $112

Therefore, the current market value of a share of IBM stock is $112.

6 0

3 years ago

Find 1 or 2 examples from this historically significant persuasive speech where President Reagan attempts to strengthen or

timama [110]

Examples from the speech of Ronald Wilson Reagan:

Ronald Wilson Reagan was an U.s politician and was a major power voice in modern liberalism as President of the USA.

Example for strengthening or weakening the attitudes, beliefs or values of his audience:

In the 1950s, Khrushchev anticipated, 'We will bury you'. But now, in the USA, we are seeing a civilized world which has accomplished a standard of life and very well-being historically unprecedented. In the socialist world, we are facing stagnation, technical retrograde circumstances, dropping standards, even a lack of basic nutrition.

Example for motivate his audience to action, President Regan's aim when he said:

" Secretary-General Gorbachev, if you really are seeking peace if you are pursuing stability for the Soviets and Europe if you are seeking democratization, Move over here to the gate. "

8 0

3 years ago