Answer:
$11,204.25
Explanation:
For computing the dollar price of each bond we need to applied the present value formula which is to be shown in the attachment below:
Provided that
Future value = $10,000
Rate of interest = 3.4% ÷ 2 = 1.7%
NPER = 18 years × 2 = 36 years
PMT = $10,000 × 4.3% ÷ 2 = $215
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After applying the above formula, the dollar price of the bond is $11,204.25
Answer:
The situation that would not require the long-term liabilities to be reported as current liabilities on the balance sheet is :"The company intends to refinance the debt and did so prior to issuance of the financial statements".
Explanation:
Analyzing all the options given above:
- The long-term debt matures within the upcoming year- which means that the liability payable is less than one year, therefore, it is a current liability.
- The creditor has the right to demand payment due to a contractual violation- which means that the money is immediately payable. Therefore, it refers to the current liability.
- The long term debt is callable by the creditor - which means it is also to be recorded as a current liability.
The above three statements clearly explain that they are recorded as a current liability, but when the company intends to refinance the debt and did so prior to issuance of the financial statements does not record the current liability.
Rules and regulations enacted by various federal agent are crucial to real estate because. A. they are laws passed by Congress.
<h3>Why is ruling the most important source of law?</h3>
The ruling is a powerful source of law. In principle, it ties the whole society. Courts are institutions that use the law on daily basis. Judges and magistrates, like all lawyers, consult legislation and governments of common law and custom using the particular case before them.
Legislation is useful in delivering a framework for governmental action in fields that are either completely new or that were not considered by the standard law to be within the province of governmental action.
To learn more about Rules and regulations visit the link
brainly.com/question/27557368
#SPJ4
Answer:
Gomez Corp. Journal entry
1. 31-Jan
Dr Allowance for doubtful accounts $800
Cr Accounts receivable - C. Green $800
2. 9-Mar
Dr Accounts receivable - C. Green $300
Cr Allowance for doubtful accounts $300
3. 9-Mar
Dr Cash $300
Cr Accounts receivable - C. Green $300
Explanation:
1. On January 1 Gomez Corp was said to use the allowance method to account for uncollectibles which means we have to record the write off as uncollectibles by Debiting Allowance for doubtful accounts with $800 and Credit Accounts receivable - C. Green with the same amount.
2. On March 9, receives a payment of $300 from Green which means we have to record the accounts receivables reinstated by
Debiting Accounts receivable - C. Green with $300 and Crediting Allowance for doubtful accounts with same amount.
3. Since it receives a payment of $300 from Green on March 9 we have to record cash receipt by Debiting Cash with $300 and Crediting Accounts receivable - C. Green with $300.
Answer:
The correct answer is diversify geographically.
Explanation:
Diversification is one of the strategies most used by companies when it comes to expanding their market horizon. In this sense, diversifying is synonymous with expansion, growth, investment and openness.
In general, companies that are committed to diversification seek new market niches or commercial possibilities. This may be motivated by several reasons, ranging from corporate growth opportunities to the implementation of internal restructuring plans.
