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MakcuM [25]
3 years ago
15

Is my answer correct

Business
2 answers:
xeze [42]3 years ago
7 0
Yes you have the answer right.

i know this because my friend just got sponsored for a basketball career and he used his basketball coach as a personal reference.

Hope this helps :)
Please give brainliest!
Katen [24]3 years ago
6 0
Yes, it is correct ^-^ Sorry for the delay, enjoy your day!
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Mountaintop Sports Inc. issued $200,000 of 10-year, 6% bonds, with interest payable semiannually on June 30 and December 31 each
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Answer:

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

Explanation:

In order to calculate the amount should be recorded as interest expense in the journal entry made each six months, we have to calculate the interest annually with the following formula according to the given data:

interest annually=Issue Price of Bond×rate of interest

                           =$200,000 ×6%

                           =$12,000

Therefore, the interest semiannually would be calculated as follows:

interest semiannually=$12,000/2=$6,000

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

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3 years ago
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Explanation:

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3 years ago
Marshmellow Corporation sells a product for $140 per unit. The product's current sales are 12,500 units and its break-even sales
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Answer:

c. 10%

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Margin of safety is the sales value at which the business is safe from making loss. It measures the profit after the break-even point. The sales over the break-even point is considered as the margin of safety.

Margin of safety = Actual Sales - Break-even point = 12,500 units - 11,250 units = 1250 units

Percentage of margin of safety to sales = Margin of safety / Actual sales

Percentage of margin of safety to sales = 1,250 / 12,500

Percentage of margin of safety to sales = 0.10

Percentage of margin of safety to sales = 10%

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