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LuckyWell [14K]
3 years ago
10

Which of the following four companies will have the lowest carrying value on their bonds if they decide to redeem their bonds be

fore the maturity date? Assume each company’s bonds have a face value of $15 million and 10% of the premium or discount is unamortized at the time of redemption.
A) Company 3 sold their bonds at 102 and redeemed them at 98.
B) Company 2 sold their bonds at 98 and redeemed them at 99.
C) Company 1 sold their bonds at 94 and redeemed them at 106.
D) Company 4 sold their bonds at 103 and redeemed them at 104.
Business
1 answer:
Dennis_Churaev [7]3 years ago
6 0

Answer:

C) Company 1 sold their bonds at 94 and redeemed them at 106.

Explanation:

The face value of bond issued in 4 companies are same, then it's clearly that the company 1 will have the lowest carrying value on their bonds because they sold at lowest price but buy back (redeem) at highest prices.

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Rafi, a director of Super Service Station Corporation, does not attend a board meeting for three years. During that time, Twyla,
Varvara68 [4.7K]

Answer:

a. liable for negligence or mismanagement.

Explanation:

Given that,  

The cost of the improper loans = $100,000

Since the director of the Super Service Station Corporation does not attend a board meeting for three years plus the president Twyla had done the improper loans that reflect the mismanagement as without knowing the credit history of the people how it could make the loans.  

Moreover, there is no guarantee of returning the money so he is totally liable for his negligence or mismanagement

8 0
3 years ago
A bank loaned out 19,000 part of it at 6% interest per year and the rest at 14% per year. if the interest recieved in one year t
Ksju [112]
Let x be the part of 19,000 that was loaned out at 6% such that the remaining 19,000 - x was loaned out at 14%. The interest is calculated by the equation,

    I = P x i x n

where P is the principal amount, i is the interest, n is the number of years. Substituting the known values,

   2000 = (x)(0.06) + (19000 - x)(0.14)

The value of x from the equation above is 8250.

Hence, 8,250 was loaned out at 6%. 
6 0
3 years ago
The Assembly Department shows the following information: Beginning Work in Process Ending Work in Process Units Transferred Out
Margarita [4]

Answer:

a) 75600.

Explanation:

Given;

Beginning Work in Process =  19900  

Ending Work in Process = 65300

Units Transferred Out Units = 30200

Total units are to be accounted=  x

19900 - 30200 + x = 65300

x = 65300 - 19900 + 30200

x = 75,600

4 0
3 years ago
On October 1, Black Company receives a 10% interest-bearing note from Reese Company to settle a $22,200 account receivable. The
lorasvet [3.4K]

Answer:

$555

Explanation:

The computation of the interest revenue is shown below:

= Account receivable  × rate of interest × number of months ÷ (total number of months in a year)

= $22,200 × 10% × (3 months ÷ 12 months)

= $2,220 × (3 months ÷ 12 months)

= $555

The three month is calculated from October 1 to December 31. The six month period of note is ignored

4 0
3 years ago
When a person incorporates unimportant events within a delusional framework and reads personal significance into trivial activit
mafiozo [28]

Ideas of reference.

When someone consists of unimportant occasions inside a delusional framework and reads private importance into trivial activities of others it's miles called thoughts of reference. it's far one of the symptoms of schizophrenia and different delusional disorders.

Ideas of reference or delusions of reference involve someone having a notion or perception that irrelevant, unrelated or harmless things inside the world are regarding them without delay or have special non-public significance.

Learn more about incorporating unimportant events within a delusional framework here

brainly.com/question/20915721

#SPJ4

5 0
1 year ago
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