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inn [45]
3 years ago
10

On January 1, $5,000,000, 10-year, 10% bonds were issued at $5,200,000. Interest is paid annually each January 1. The straight-l

ine method of amortization is used to amortize the premium. How much premium is amortized at the end of the first year?
Business
1 answer:
Mnenie [13.5K]3 years ago
3 0

Answer:

$20,000 premium is amortized at the end of the first year.

Explanation:

Straight line amortization:

premium amortized = Premium / number of years

                                 = ($5,200,000 - $5,000,000) / 10 years

                                 = $200,000 premium / 10 years

                                 = $20,000

Therefore, $20,000 premium is amortized at the end of the first year.

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What can a producer gain by specializing?
IgorC [24]

Answer:

Specialization is when a country or producer limits the types of goods they make to specialize in one item and make so much of it that they can send it to other countries. For example, USA specializes in corn becuase we can easily make it so we send it to other countries all over the world.

6 0
3 years ago
Read 2 more answers
Tanika must prepare a formal report detailing the findings of a year-long study of her company's new wellness program. In this r
Archy [21]

Answer:

a. Compare/Contrast

Explanation:

She would most likely use this organizational pattern because she is writing about employee absenteeism 'before and after" which is comparing and contrasting

5 0
3 years ago
Which of the following is adjusted every year for inflation
kykrilka [37]
Tax brackets are adjusted yearly by the Internal Revenue Service, also known as the IRS. They are adjusted yearly because the economy in the United States has inflation each year. The IRS will then adjust the tax brackets upwards for the citizens. The IRS will adjust things like the standard deduction, personal exemptions, etc for the cost of living. The taxes sometimes will stay the same, but the person or corporation will go into a different tax bracket. The correct answer will be B: Tax Brackets. 
3 0
3 years ago
The seller and the buyer agreed to a purchase price of $270,000 with the closing to occur on June 15. The seller's loan balance
vampirchik [111]

Answer:

Loan balance is $170,000

Interest Due is $425

Explanation:

Loan outstanding is the amount of liability which payable by the business at any date. Interest is charged on the loan, yearly, semiannually, quarterly and monthly.

On Closing Day only 15 of interest has been accrued.

Interest Expense = Loan outstanding x Interest rate x Time portion = $170,000 x 6% x 15/360 = $425

So, Loan balance is $170,000

Interest Due is $425

3 0
3 years ago
Yanmei, an employee at a news agency, learns that the reason her colleague was asked not to pursue a news story further was beca
mart [117]

Answer:

whistleblower

Explanation:

Based on the information provided within the question it seems that in this scenario Yanmei is a whistleblower. This term refers to an individual who deliberately reveals sensitive information that may be either illegal or unethical to someone with authority within an organization or government. Yanmei is considered to be a whistleblower because she revealed private information about bribery to the chief editor.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
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