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Effectus [21]
3 years ago
12

When the market rate of interest on bonds is higher than the contract rate, the bonds will sell at?

Business
2 answers:
olga_2 [115]3 years ago
7 0
The lowest market or in the clearance racket or asile
sleet_krkn [62]3 years ago
3 0

The correct answer to your question is "A Discount."

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In fiscal 2016, Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The 2016 in
m_a_m_a [10]

Answer: $19,687 million

Explanation:

From the question, we are informed that Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15% and that the 2016 income statement reported income tax expense of $2,953 million.

The amount reported by Microsoft as income before income tax expense that year will be calculated as:

= 2,953 million / 15%

= $19,686.67 million

= $19,687 million

8 0
3 years ago
Which of the following was implemented to provide stronger laws against terrorism and combat money laundering? US Department of
oksian1 [2.3K]
I’m pretty positive that that the answer is USA patriot act
4 0
4 years ago
Read 2 more answers
Which of these is not one of the 4Ps of marketing?
netineya [11]
<span>The 4Ps of marketing are Price, Product, Promotion, and Place. The 4Ps of marketing is also called the marketing mix in marketing procedure. It is the group of control, tactics and marketing tools that a company used to achieve their their product goal. It is a combination of everything that a company can do to influence demand for its product.Hope it helps.</span>
4 0
3 years ago
Read 2 more answers
Given the information below, what is the gross profit?Sales revenue....................... $32,0000Accounts receivable..........
Ipatiy [6.2K]

Answer:

Option (D) is correct.

Explanation:

Given that,

Sales revenue = $32,0000

Accounts receivable = 50,000

Ending inventory = 100,000

Cost of goods sold = 250,000

Sales Returns = 20,000

Gross profit:

= Net sales revenue - Cost of goods sold

= (Sales revenue - Sales return) - Cost of goods sold

= ($320,000 - $20,000) - $250,000

=  $300,000 - $250,000

= $50,000

7 0
4 years ago
On June 17, the Lattern Company issued 120,000 shares of its $0.10 par value common stock in exchange for land. On the date of t
telo118 [61]

Answer:

Debit : Land $1,200,000

Explanation:

The journal entry lattern Company need to record is

Dr Land $1,200,000

------------ Cr Credit common shares $12,000

------------ Cr Paid in capital - Common shares $1,188,000

As 120,000 shares is exchanged, for the land and the share is traded in the exchange, the value of the land should be recorded at the market price of this

= 120,000 shares or 120,000 × $10 = $1,200,000

Common share account is recorded at lar value x number of shares issued = $0.1 × $120,000 = $12,000 while paid in capital common share account records the difference between market price and par value at the time of shares issuance or

= (10 - 0.1) × 120,000

= $1,188,000

4 0
3 years ago
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