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pishuonlain [190]
2 years ago
7

INVESTOR Corp. was interested in investing in bonds and, on 01/01/2012 purchased 8% bonds dated January 1, 2012. These bonds had

a face amount of $10 million, pay interest on 06/30 and 12/31, and mature in 10 years. For bonds of similar risk and maturity, the market yield is 6%. INVESTOR Corp. uses the effective interest method. 1. Prepare INVESTOR Corp.’s entry to record the bond purchase? 2. Prepare INVESTOR Corp.’s entry on 06/30/2012 and on 12/31/2012 to record interest?

Business
1 answer:
seropon [69]2 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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An enterprise resource planning system is most effective for this application.

<u>Option: C</u>

<u>Explanation:</u>

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3 years ago
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
soldi70 [24.7K]

Answer:

d.) laissez-faire

Explanation:

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3 years ago
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Flem is an employee of Glo Goods, Inc. Flem reports to state officials that Glo is illegally shipping unsafe goods to unsuspecti
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Answer:

With respect to the employment-at-will doctrine, this is "An exception based on public policy"

Explanation:

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3 years ago
Choose all that apply.
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1.tracking your spending 2.avoiding impulse purchases 3.using credit cards infrequently

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Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 1,075 2 1,210 3 1,340 4 1,4
umka21 [38]

Answer:

the future value of the cash flow in year 4 is $5,632.73

Explanation:

The computation of the future value of the cash flow in year 4 is as follows:

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The same is to be considered and relevant  

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