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
JulsSmile [24]
3 years ago
14

n January​ 1, 2018, Waller Sales issued $ 20 comma 000 in bonds for $ 18 comma 300. These are eightminusyear bonds with a stated

rate of 12​%, and pay semiannual interest. Waller Sales uses the straightminusline method to amortize the bond discount. After the second interest payment on December​ 31, 2018, what is the bond carrying​ amount?
Business
1 answer:
spayn [35]3 years ago
8 0

Answer:

$18,106.25

Explanation:

For computing the carrying value of the bonds , first we have to determine the discount amortization for 8 years which are shown below:

= (Issued amount - proceeds from the bonds) ÷ time period

= ($20,000 - $18,300) ÷ 8 years × 2 years

= $106.25

Now the carrying value would be

= Proceeds from the bonds + discount amortization for 8 years  

= $18,000 + $106.25

= $18,106.25

Since the time period is 8 which are paid in semi-annual so we double the time period

You might be interested in
The Graber Corporation’s common stock has a beta of 1.8. If the risk-free rate is 5.8 percent and the expected return on the mar
Murljashka [212]

Answer:

16.96%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 5.8% + 1.8 × (12% - 5.8%)

= 5.8% + 1.8 × 6.2%

= 5.8% + 11.16%

= 16.96%

The (Market rate of return - Risk-free rate of return)  is also called market risk premium

3 0
3 years ago
U.S. exports of goods and services flow to households and firms in ________, and U.S. financial inflows of capital flow to house
kondaur [170]

Answer:

The correct anwer is: the rest of the world; the United States.

Explanation:

Now, the goods exported by the United States tell only part of the story. Services are the largest export of this country, with sales abroad for 778,000 million dollars last year. In fact, the United States has a trade surplus of $ 243 billion in services, which is good news since the industries in this sector account for 71% of jobs in the country

These are the service industries that generate the most money:

  1. Travel and transportation: 236,000 million dollars.  
  2. Finance and insurance: 76,000 million dollars.
  3. Intellectual property sales: 49,000 million dollars. This includes software, movies and TV shows.
5 0
3 years ago
A universal life policy has a death benefit of $125,000 and a cash accumulation value of $15,000. Generally, what will happen to
GrogVix [38]

Answer:

The death benefit or cash accumulation will be reduced by the partial withdrawal.

Explanation:

7 0
3 years ago
A _____ option allows the _____ to buy the underlying asset at the option's exercise price on or before the expiration date. cal
alexdok [17]

Answer:

The correcto answer would be "call"

Explanation:

A CALL option allows the BUYER to buy the underlying asset at the option's exercise price on or before the expiration date. call; seller put; buyer put; seller call; buye

The owner or buyer of a call option benefits from the option if the underlying asset rises, that is, if when the call option expires, the asset (an action for example) has a price greater than the agreed price . In that case, the option buyer will exercise his right and buy the asset at the agreed price and sell it at the current market price, earning the difference.

If the price turns out to be less than the agreed price, known as the strike or strike price, the buyer will not exercise his right and will simply have lost the premium he paid for acquiring the option. Therefore, your benefit may be unlimited, but your loss is limited to the premium you paid.

6 0
3 years ago
Jared eagerly agreed to edit the employee handbook but procrastinated until the evening before he was to submit his work. Then h
german

Answer: energy

 

Explanation: In simple words, energy refers to the strength and vitality that must be present to initiate and complete a mental and physical activity. Energy drives the force that leads to changes in variables.

In the given case, Jared initiated the project but lacked vitality off continuing and completing it due to lack of focus and happening of errors. Thus, we can conclude that he lacked energy.

4 0
3 years ago
Other questions:
  • I am trying to understand the Opportunity cost. Can anyone help me please? I can't seem to get Economics, I really need help. Yo
    7·1 answer
  • Wireless Solutions reports operating expenses of $855,000. Operating expenses include both rent expense and salaries expense. Pr
    13·1 answer
  • Flounder Company had the following stockholders’ equity as of January 1, 2020. Common stock, $5 par value, 20,700 shares issued
    13·1 answer
  • Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of al
    7·1 answer
  • Despite ongoing debates about the appropriateness of macroeconomic policies, many macroeconomists have reached a modern consensu
    13·1 answer
  • You have been asked to review the December 31, 2021, balance sheet for Champion Cleaning. After completing your review, you list
    15·1 answer
  • Roar Bros., a beverage manufacturing firm, recently launched a new energy drink. To make consumers aware of the new drink and to
    15·1 answer
  • First Rentals purchased office supplies on credit. The general journal entry made by First Rentals will include a:
    6·1 answer
  • In a planned economy, prices of commodities are controlled by _________.
    11·2 answers
  • a type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!