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kkurt [141]
4 years ago
6

Fourteen Company issued $10,000,000 of 8% bonds on January 1, 2015. The bonds pay interest on June 30 and December 31, mature on

December 31, 2024, and are callable at 102. On the issue date, bonds of similar risk and maturity yielded 7%. Fourteen Company called the bonds on January 1, 2017. Fourteen Company accounts for bonds using the effective interest method.
Determine the amount of discount of premium amortization Fourteen would recognize on June 30, 2015. (Round the final answer to the nearest dollar. Do not use dollar signs or commas when inputting the answer

Business
1 answer:
Lelechka [254]4 years ago
8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Some of the advantages of a functional project where the project is housed in a functional division include which of the followi
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Answer:

The correct answer is b. A team member can work on several projects.

Explanation:

Generally, there is a group of personnel who carry out repetitive tasks and can take over their functions without jeopardizing an improvement that is attempted. For this reason, the person in charge of the project can carry out several implementations without jeopardizing the normal development of the tasks, which allows covering broadly several areas and introducing best practices almost at the same time.

5 0
3 years ago
Anita is an entrepreneur who is interested in starting a hair salon. Anita consulted her friend Ali, who is a businessman, to ge
Varvara68 [4.7K]

ANSWER 1. Capital

EXPLANATION: Calculating capital is necessary for a business. It is the basic duty of an entrepreneur to calculate capital before starting any business to check the financial capacity of the entrepreneur. Calculating capital also helps to estimate if any outside finance is necessary to start the business.

ANSWER 2: Set of Services

EXPLANATION: Choosing and categorizing set of services is necessary before starting any business. This will help in acquiring expert and trained set of labors to carry out the work. The clients will also come to know of the services that are available in the business. Expert and trained set of labors are difficult to find in any market.

ANSWER 3: Total Cost of Ownership

EXPLANATION: Total cost of ownership is a financial estimate intended to help buyers and owners determine the direct and indirect costs of a product or system. Each and every piece of equipment that Anita buys is added to the cost of the ownership of the business.

4 0
3 years ago
Read 2 more answers
At the beginning of this month, the balance of Cody's checking account was $125.26. So far this month, he has received a paychec
ddd [48]
The answer is going to be d
5 0
3 years ago
Read 2 more answers
To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is record
Leto [7]

To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received is recorded. The population of documents for this test consists of all receiving reports.

<h3>What are receiving reports?</h3>

Receiving reposts is a kind of tool that is used to list, document or note all the transaction details of the businesses. It is generally updated and maintained by those employees of the staff who are responsible for receiving or accepting the delivery of goods.

Thus, an auditor runs a test to ensure that every item received is recorded in order to evaluate whether accounts payable are complete. The receiving reports are the population of documents for this test.

Learn more about receiving reports here:

brainly.com/question/14802834

#SPJ4

5 0
2 years ago
FSU's bonds have a face value of $1,000 and are currently quoted at 867.25. The bonds have a coupon rate of 6.5 percent. What is
Andrews [41]

Answer:

the current yield is 7.49%

Explanation:

The computation of the current yield on the bond is shown below:

The current yield is

= Annual coupon payments ÷ Bond price

= ($1,000 ×6.5)  ÷  $867.25

= $65 ÷  $867.25

Hence, the current yield is 7.49%

4 0
3 years ago
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