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snow_lady [41]
4 years ago
15

Discount-Mart issues $10 million in bonds on January 1, 2012. The bonds have a ten-year term and pay interest semiannually on Ju

ne 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds. Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value 1/1/12 8,640,967 06/30/2012 300,000 345,639 45,639 8,686,606 12/31/2012 300,000 347,464 47,464 8,734,070 06/30/2013 300,000 349,363 49,363 8,783,433 12/31/2013 300,00 351,337 51,337 8,834,770
What is the interest expense on the bonds in 2012?

A .$693,103.

B $600,000.

C $345,639.

D $347,464.
Business
1 answer:
jeyben [28]4 years ago
7 0

Answer:

B. $600,000

Explanation:

The computation of the interest expense on the bond for the year 2012 is shown below:

= Interest expense as on 30 June 2012 + interest expense as on December 31 2012

= $300,000 + $300,000

= $600,000

For computing the interest expense for the year 2012, we added the interest expense of June 30 and for December 31 of 2012 only so that the correct amount could come

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soldier1979 [14.2K]

Answer:

60%

Explanation:

Contribution margin ratio is calculated by dividing the contribution margin amount by sales.

Contribution margin is sales less variable cost to produce a product.

Sale price                      150

Variable cost                (60)

Contribution margin     90

Contribution margin ratio: 90 / 150 = 60%

4 0
3 years ago
Select all the correct answers.
makkiz [27]

Answer:

an increase in the number of goods produced

the creation of employment opportunities

Explanation:

The GDP value communicates the rate of economic growth in a country. An increase in GDP shows the economy is growing. The GDP value is calculated by adding all the values of new goods and services produced within the country.  An increase in the value of products and services produced results in an increase in GDP, indicating economic growth.

When businesses need to offer more goods and services, they require to hire additional workers to be engaged in production activities. Economic growth means more job opportunities are created.

3 0
3 years ago
Stephanie, a recent college graduate in computer programming, is interested in several positions with global companies because s
iogann1982 [59]

Answer: (E) Independence, resourcefulness, and entrepreneurship

Explanation:

  According to the given question, the Stephanie is the student and she recently done his graduation in the computer programming subject   a she is interested in the various types global companies profiles.

So, working in the different countries exhibiting the independence, entrepreneurship and also the resourcefulness skills that helps in managing the good position in an organization.

The above mentions skills helps in providing the effective managerial skills and also resourceful mindset is one of the type of ability that helps in providing the good visualizing for achieving the desirable goals in an organization.  

 Therefore, Option (E) is correct answer.

6 0
4 years ago
Who would you consider society's stakeholders.
lina2011 [118]
I would consider society stakeholders because their aim is to maximize positive impacts and minimize negative ones
5 0
3 years ago
A politician is interested in implementing a statewide welfare reform program. By providing welfare recipients with extensive jo
Allisa [31]

Answer: (D) Efficiency

Explanation:

The evaluation of the efficiency is the process in which we concerned about the efficiency of system so that it produced the desirable result.

We can also evaluate the efficiency by using the ratio of the output of the system to the input in the form of quantitative and the qualitative.

According to the question, the researcher work is basically refers evaluation of the efficiency as the implementation of the welfare program and the researcher argues are basically based on the efficiency evaluation.

Therefore, Option (D) is correct.

8 0
3 years ago
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