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Lera25 [3.4K]
3 years ago
10

The Levi Company issued $100,000 of 12% bonds on January 1 of the current year at face value. The bonds pay interest semiannuall

y on June 30 and December 31. The bonds are dated January 1, and mature in five years, on January 1. Determine the total interest expense related to these bonds for the current year ending on December 31 is
Business
1 answer:
lesya [120]3 years ago
7 0

Answer:

$120

Explanation:

Interest Expense on the Bonds payable is the coupon payment plus any amortized discount. As in this question there is no amortized discount because the bonds are issued on the par value.

As er given data

Face Value = $100,000

Coupon payment  = $100,000 x 12% = $120 annually = $60 semiannually

Interest Expense for the year = Interest Paid on June 30 + Interest Paid on December 31

Interest Expense for the year = $60 + $60 = $120

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If the team leader learns that organizational superiors are unaware of the team’s successes, the leader might initiate an "FYI"
ad-work [718]

Answer:

Advocating

Explanation:

The team leader needs to advocate and represent the team to their organizational superiors (upper management). Sometimes large organizations are too complex and BIG, and lower management has to find a way to make themselves be noticed. For example, he could start writing a newsletter, etc.

8 0
2 years ago
Tuscany Company estimated the following costs at the beginning of a particular year: Overhead $5,340,000 Direct labor cost $890,
solmaris [256]

Answer: $300,000

Explanation:

As overhead is applied on the basis of direct labor cost, the overhead rate for the period is:

= Overhead / Direct labor cost * 100%

= 5,340,000 / 890,000 * 100%

= 600%

If direct labor cost is $50,000 then overhead applied will be:

= Direct labor cost * Overhead rate

= 50,000 * 600%

= $300,000

7 0
3 years ago
Branch-circuit conductors supplying a single motor compressor shall have an ampacity not less than 125% of either the motor-comp
Lady_Fox [76]

Branch-circuit conductors supplying a single motor compressor shall have an ampacity not less than 125% of either the motor-compressor rated load current or the branch-circuit selection current, whichever is greater. For a wye-start, delta-run connected motor-compressor, the selection of branch-circuit conductors between the controller and the motor-compressor shall be permitted to be based upon 72% of either the motor-compressor rated-load current or the branch-circuit selection current, whichever is greater.

Explanation:

A branch circuit consists of the conductors between the final over current safety equipment and the exhaust system(s).It consists of drivers between the final over current protection equipment (OCPD) and the receptacle outlets, the illumination outlet(s).

The OCPDs must produce an ampacity of not under 125% of the continuous loads plus 100% of the non-continuous loading.

You must not exceed 125% of the continuous charges, plus 100% of the non-consistent charges

8 0
3 years ago
A business manager finds that the building expense each month is completely uncorrelated with revenue levels. What should the bu
Westkost [7]

Answer:

The business manager should assume that the building expense is fixed.

Explanation:

Fixed costs are not correlated with the revenue levels.  Within the relevant range, fixed costs remain constant.  They do not vary with the activity levels as variable costs do.  For example, a manufacturer must pay for rent, repairs and maintenance, and utility bills irrespective of the revenue levels at which it is operating.  This is why the business manager always discovers that the building expense each month does not correlate with the revenue levels, unlike the product's variable costs.

3 0
2 years ago
Community college credits never transfer to a 4 year institution
vampirchik [111]
False they can transfer credits
7 0
3 years ago
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