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
jenyasd209 [6]
3 years ago
8

On January 1, Year 1, Boston Group issued $100,000 par value, 5% 5-year bonds when the market rate of interest was 8%. Interest

is payable annually on December 31. The following present value information is available:
5%, 8%
Present value of $1 (n = 5) 0.78353, 0.68058
Present value of an ordinary annuity (n = 5) 4.32948, 3.99271

What amount is the value of net bonds payable at the end of Year 1?

A. $110,638
B. $100,000
C. $88,022
D. $90,064
Business
1 answer:
maks197457 [2]3 years ago
8 0
Would have to say the answer is B
You might be interested in
Services can not be stored, warehoused, or inventoried. Because of this, many hotels and airlines offer deep discounts on rooms
vagabundo [1.1K]

Answer: This scenario demonstrates the PERISHABILITY quality of services.

Explanation: A Service Organisation can be defined as an organisation that practice the provision of such a service as economic activity.

Some of the qualities of Services include; variability; perishability; heterogeneity etc.

The perishability quality of service refers to the fact that services cannot be stored, warehoused, or inventoried and, therefore, are perishable.

4 0
3 years ago
Read 2 more answers
The Aztec civilization also had a school for a few select young women to become priestesses where they learned to weave and deco
Vladimir [108]

Answer:

True

Explanation:

The women become priestesses in a school, where they learned to weave an decorate costumes.

3 0
3 years ago
The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced
mariarad [96]

Answer:

A) according to put call parity:

price of put option = call option - stock price + [future value / (1 + risk free rate)ⁿ]

put = $8.89 - $120 + [$120 / (1 + 8%)¹/⁴] = $8.89 - $120 +$117.71 = $6.60

B) you have to purchase both a put and call option ⇒ straddle

the total cost of the investment = $8.89 + $6.60 = $15.496, this way you can make a profit if the stock price increases higher than $120 + $6.60 = $126.60 or decreases below than $120 - $6.60 = $113.40

3 0
4 years ago
On September 15, 2021, Oliver's Mortuary received a $7,200, nine-month note bearing interest at an annual rate of 8% from the es
Sphinxa [80]

Answer: PLease see answer below

Explanation:

Date Account title and explanation Debit Credit

Dec 31   Interest receivable                           $168  

2021             Interest revenue                                                 $168

Calculation

Interest =Principal x time x rate

= 7,200 x 8% x 3.5 /12(15th september to 31st December)

=$168

4 0
3 years ago
A service is any intangible offering that involves a deed is called
12345 [234]

Answer:

Service

Explanation:

A service is any intangible offering that involves a deed, performance, or effort that cannot be physically possessed by the service takers.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which one is not a capital good?
    15·1 answer
  • Given the industry structure in the automobile business, entering the auto manufacturing industry doesn't seem advisable. Yet Te
    12·1 answer
  • The primary goal of the federal reserve system is to
    14·2 answers
  • Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that
    8·1 answer
  • Lauren often travels to other grocery stores in the marketplace to observe how much they charge for the same products she stocks
    10·1 answer
  • The viability of insurance products sold to businesses
    15·1 answer
  • A savings account that pays interest every month is said to have a _______ interest period.
    14·2 answers
  • Suppose people expect inflation to equal 3 percent but in fact, prices have risen by 5%. Describe how this unexpectedly high inf
    9·1 answer
  • If you could replace all of the grass in the world with something else, what would it be and why?
    9·2 answers
  • You are the manager of a monopoly, and your analysts have estimated your demand and cost functions as P = 200 − 2Q and C(Q) = 1,
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!