Answer:
Dr Bonds payable $50,700
Dr premium on bonds payable $4,265
Cr Cash $53,000
Cr gain on bonds retirement($50,700+$4,265-$53000) $1,965
Explanation:
The premium yet to be amortized on the bond at retirement is the carrying value minus face value i.e $54,965-$50,700=$4265
The premium on bonds payable would now be debited with $4265
The cash paid on retirement would be credited to cash account
The face value of the bonds payable of $50,700 would be debited to bonds payable in order to show that the obligation has been discharged.
B is the answer.
Websites, games and presentations can all have music incorporated into them. In each of the other three options there is at least one item that is text based that would not have music incorporated into it.
Answer:
$9.7408
Explanation:
For computing the current stock price, first we have to determine the cost of equity which is shown below:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Cost of equity = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 4.5% + 1.70 × (10.50% - 4.5%)
= 4.5% + 1.70 × 6%
= 4.5% + 10.2%
= 14.7%
Now the current stock price would be
Cost of equity = Next year dividend ÷ current stock price + growth rate
14.7% = $0.79875 ÷ current stock price + 6.5%
14.7% - 6.5% = $0.79875 ÷ current stock price
8.2% = $0.79875 ÷ current stock price
So, the current stock price would be
= $9.7408
The primary goal of an effective training program should be to provide the skills or knowledge for high performance
Answer:
$8,000
Explanation:
Closing costs are fees levied on mortgage takers. They are paid at the closing stages of a mortgage to cover the costs of transferring the title to the buyer and other expenses.
If the mortgage is $200,000 and closing costs at 4%, the actual amount to be paid as the closing cost will be,
= 4% of $200,000
=4/100 x $200,000
=0/04 x $200,000
=$8,000
