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zhuklara [117]
4 years ago
10

On January 1, Creed Boxing Company issues 7%, 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannually.

The market rate of interest is 8% and the bond selling price was $1,864,097. The bond issuance should be recorded as:___________
Business
1 answer:
Lelechka [254]4 years ago
6 0

Answer:

Debit Cash $1,864,097; debit Interest Expense $135,903; credit Bonds Payable $2,000,000.

Explanation:

Cash $1,864,097

Discount on Bonds Payable $135,903

      To Bonds Payable $2,000,000

(Being the issuance of the bond is recorded)

For recording this we debited the cash it increased the assets and the same time it also increased the liabilities so the bond payable is credited and the balancing figure is debited to discount on bond payable

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If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the ________ criterion f
riadik2000 [5.3K]

If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the differentiable criterion for useful market segments.

<h3><u>What are Market Segments?</u></h3>
  • People who are gathered together for marketing purposes are referred to as market segments.
  • Market segments are subsets of a broader market that frequently group people together based on one or more shared traits.
  • Companies and their marketing departments define a target market for their goods and services using a variety of factors.
  • Marketing experts use a unique strategy to each market segment after thoroughly understanding the demands, way of life, demography, and personality of the target consumer.

In a market that is otherwise uniform, a market segment is a group of customers with comparable preferences. These clients may consist of people, families, companies, organizations, or a combination of several types.

Therefore, the hypothetical segment in the question fail the differentiable criterion for useful market segments.

Know more about market segments with the help of the given link:

brainly.com/question/27993208

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4 0
2 years ago
In process cost accounting, the costs of direct materials and direct labor are charged directly to a.job orders b.customer accou
konstantin123 [22]

Answer:

Processing departments

Explanation:

All the cost of material and labor are directly charged to the processing departments which later on transfer from department to department and eventually become the part of finished goods. Material costs are assigned to work in process of the first processing department all the costs associated with this department are added and then it transferred to the next departments for further cost allocation.

8 0
4 years ago
King Noodles' bonds have a 7.5% coupon rate. Interest is paid quarterly and the bonds mature in 8 years. If the discount rate is
natima [27]

Answer:

The price of King Noodles' bonds is $970.66

Explanation:

Coupon payment = 1000 x 7.5% = $75 per year = 75/4 = 18.75 per quarter

Number of periods = n = 8 years x 4 quarter each year = 32 quarter

Yield to maturity = 8% per year = 8% / 4 = 2% per quarter

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = $18.75 x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$18.75 x [ ( 1 - ( 1 + 2% )^-32 ) / 2% ] + [ $1,000 / ( 1 + 2% )^32 ]

Price of the Bond = $18.75 x [ ( 1 - ( 1.02 )^-32 ) / 0.02 ] + [ $1,000 / ( 1.02 )^32 ]

Price of the Bond = $440.03 + $530.63

Price of the Bond = $970.66

3 0
3 years ago
Which of the following is not one of the factors required to charge for online content?
nikitadnepr [17]
I think the correct answer from the choices listed above is option B. A focused market would not be one of the factors that is <span>required to charge for online content. Since the market is already available and is always there. Hope this answers the question. Have a nice day.</span>
3 0
4 years ago
The partners share profits and losses in the ratio of 5:3:2, respectively. The partners agreed to dissolve the partnership after
vovangra [49]

Answer:

$30,000

Explanation:

The computation of the amount received by Janet is given below:

Loss on sale of other assets is

= $150,000 - $50,000

= $100,000

Share of Janet in loss is

= $100,000 × 5 ÷ 10

= $50,000

So,  

Janet revised capital balance is

= $80,000 - $50,000

= $30,000

6 0
3 years ago
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