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3 years ago

When the _ value of debt is the same as its face value, it is said to be selling at _ value.

Business

1 answer:

Allushta [10]3 years ago

8 0

Answer:

When the market value of debt is the same as its face value, it is said to be selling at par value.

Explanation:

Face value and par value is same. When market price of the bond is same as the face value of the bond it is said that this debt is trading on its par value. Par or face value is the value on which bond is initially issued and the value mentioned on the face of the bond. So, When the market value of debt is the same as its face value, it is said to be selling at par value.

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At the beginning of its current fiscal year, Willie Corp.’s balance sheet showed assets of $10,100 and liabilities of $6,900. Du

Viefleur [7K]

Answer:

Dividends = 6,000

Explanation:

Ending liabilities = Beginning liabilities - Decrease in liabilities

= $6,900 - $1,200

= $5,700

Ending net assets = Ending total assets - Ending total liability

$3,900 = Ending total assets - $5,700

Ending total assets = $3,900 + $5,700

= $9,600

Ending RE = Ending total assets - Ending liabilities

= $9,600 - $5,700

= $3,900

Dividend = Beginning RE + Net income - Ending RE

= $6,900 + $3,000 - $3,900

= $6,000

3 0

3 years ago

The following facts relate to Krung Thep Corporation. 1. Deferred tax liability, January 1, 2014, $40,000. 2. Deferred tax asset

Vika [28.1K]

Answer:

A.Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,00

B.Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

C.Net income $120,000

Explanation:

Compututation of income taxes payable for 2014.

Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,000

(b) Journal entry

Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

Income before income taxes $200,000

Less Income tax expense

(Current $38,000+Deferred 42,000) 80,000

Net income $120,000

4 0

3 years ago

At last year's bass tournament, jim caught 12 bass in a four-hour pe- riod. this year he caught 15 in a six-hour period. in whic

Orlov [11]

I think you are asking about the productivity comparison of two years
productivity will be more if rate of output is higher
For first year rate of output is 12/4=3 fish per hour
For second year rate of output is 15/6=2.5 fish per hour
So we can see that Jim was more productive in first year as compared to second year

5 0

3 years ago

Kevin has deposited money into a savings account. Choose the correct terms to complete each sentence. Kevin deposits $100 into a

lesya692 [45]

Answer

In series, the answer of 'this is his' is:

Principal Amount
Interest
Total amount
Compound interest

Explanation:

Kevin deposit $100 in a savings bank account, this is his principal. Principal is the initial amount that a person deposit in his account.
Kevin's money earn 5 percent. the $5 he earn is the interest. Interest is the earning that a person earn on the overall amount deposited.
Kevin's money worth is $105, this is his total accrued amount. Acquired amount= Principal + Interest
The interest Kevin earn in first year is the interest in subsequent years. this is called compound interest.

4 0

3 years ago

Which of the following did management at Zappos do to reduce the level of formalization in their organization?

melamori03 [73]

Answer:

A. They avoided asking their customer service reps in call centres to follow a detailed script.

Explanation:

Formalisation refers to the manner in which the company follows extra depth of procedures and takes extra unnecessary care of the customers, or even in the internal procedures of organisation also.

For the customers perspective, we have:

As asking their customers for service reps again and again will make the entire process formalised, and leaving it on the discretion of customers that when they want to avail the service makes it less formal and comfortable for customers.

Thus, avoiding the detailed script with some unnecessary details every time and following up again and again the function becomes less formal and comfortable.

Final Answer:

Option A

6 0

2 years ago

When the _____ value of debt is the same as its face value, it is said to be selling at _____ value.

When the _ value of debt is the same as its face value, it is said to be selling at _ value.