Answer:
d. $19,200
Explanation:
Turner Company issued $300,000 of 6%, 5-year bonds at 98. Assuming straight-line amortization and annual interest payments, how much bond interest expense is recorded on the next interest date?.
=($300,000 x 6% plus $6,000/5)
Therefore the correct answer is d)$19,200
I believe they are, good job
Answer:
The amount of Compensation expense to Year 1 is $153,333.
Explanation:
Stock options granted 92000
X Fair value on date of grant 5
Total compensation expense 460000
Years 3
Compensation expense per year 1 53333
Therefore, The amount of Compensation expense to Year 1 is $153,333.
Answer:
d. Harmon only needs to show the bank his record of income from
his old job, not his new business.
