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icang [17]
3 years ago
14

On July​ 1, 2018, Mason​ & Beech Services issued $48,000 of 9​% bonds that mature in five years. They were issued at par. Th

e bonds pay semiannual interest payments on June 30 and December 31 of each year. On December​ 31, 2018, what is the total amount paid to​ bondholders?
Business
1 answer:
Leni [432]3 years ago
7 0

Answer:

December 31th, 2018 the bondholder will receive $ 2,160

Explanation:

The bondholders will get the face value times the bond rate:

<em>In this case: </em>

$ 48,000 principal

9% = 9/100 = 0.09 annual rate = 0.09/2 = 0.045 coupon rate

We divide by 2 as there is two payment per year thus, the principal capitalize for 6 month over a total of 12 between payments.

bonholders payment:

principal x semiannual rate:

$ 48,000 x 0.045 = $ 2,160

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Sunland Company makes an investment today (January 1, 2020). They will receive $77000 every December 31st for the next six years
ELEN [110]

Answer:

see explanation

Explanation:

The most they should invest on January 1, 2020 is called the Present value Amount. Thus calculate the Present Value.

6 0
3 years ago
The federal government passes a law which a company, JuneCorp, feels unjustifiably discriminates against the company and harms i
malfutka [58]

Answer:

A.Equal Protection Laws

Explanation:

a.Equal Protection Laws

this principle guarantees equal rights and privileges to all citizens and entities under US constitution.

Whereas option c and d are concerned with criminal court proceedings and option B is of freedom of religion principle

4 0
3 years ago
Read 2 more answers
Olden Company has provided the following information for this month: Sales Price $50 per unit Variable COGS $13 per unit Fixed C
Pie

Answer:

700 units

Explanation:

The breakeven point is also known as the BEP. The BEP  is the number of units a company must sell for sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

Let the BEP units be T

35T = 11,000 + 3000 + T(13 + 2)

35T - 15T = 14,0000

20T = 14,000

T = 700

The company's new breakeven in units is 700 units

7 0
3 years ago
Why did the Great Depression of 1928 affect people from almost all parts of the world?
Zigmanuir [339]

Answer:

C. Sharp rise in price of goods in the United States led to an increase in imports.

Explanation:

The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).

Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.

Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.

In conclusion, the Great Depression of 1928 affect people from almost all parts of the world because sharp rise in price of goods in the United States led to an increase in imports.

8 0
3 years ago
Read 2 more answers
Tool Manufacturing has an expected EBIT of $82,000 in perpetuity and a tax rate of 24 percent. The company has $143,500 in outst
Dima020 [189]

Answer:

The value of the firm according to M&M Proposition I with taxes is $513,824.62

Explanation:

Value of firm = [EBIT x (1-Tax) / Equity Cost] + [Debt x Tax rate]

Value of firm = 82000 x (1-24%) / 13% + 143500 x 24%

Value of firm = 62320 / 0.13 + 143500 x 0.24

Value of firm = 479,384.62 + 34,440‬

Value of firm = $513,824.62‬

7 0
3 years ago
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