1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pickupchik [31]
3 years ago
9

A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company r

etired these bonds at a call price of 99, the gain or loss on this retirement is:________.
a. $1,000 gain.
b. $1,000 loss.
c. $2,700 loss.
d. $2,700 gain.
e. $3,700 gain.
Business
1 answer:
Lunna [17]3 years ago
4 0

Answer:e. $3,700 gain.

Explanation:

Par value of Bonds =$100,000    

Unamortized premium= $2,700    

Carrying/ Book value of bonds=  Par value of Bonds +Unamortized premium

= $100,000 + $2,700 =$102,700    

Amount at which bonds retired $100,000 x 99% = $99,000  

Gain on retirement of bonds =Book value of bonds- Amount at which bonds retired

=$102,700- $99,000 = $3,700

You might be interested in
Supervisors who allow their rating in one area to influence their rating in another area on performanceappraisals are susceptibl
crimeas [40]

Answer:Supervisors who allow their rating in one area to influence their rating in another area on performance appraisals are susceptible to the <u><em>Halo effect.</em></u>

<em>Under halo effect the evaluator lets one or two feature of the appraisal or behavior of the worker unduly influence all other characteristic of the worker's performance. </em>

<u><em>Therefore in this case the correct option is (c).</em></u>

4 0
3 years ago
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand foreca
Alex73 [517]

Answer:

The optimal production plan gives a total costs of $417,672 for the periods Feb to May

In Feb we will have to hire 26 workers to close the gap between demand and production from our 100 existing workers

In March however, we will have to lay them off (26 workers) to keep our production in line with demand.

In April, we are constrained to 100 workers, thus requiring that we run overtime. The overtime requirement is between 3,060 hours to max of 5,000 hours. Note that inspire of the hours chosen, demand for April still won't be fulfilled.

The best option will be the one that gives us last backlog because of the costs of backorder being extremely costly.

5,000 overtime hours in April is the best option .

In May, we are constrained to our 100 workers, meaning we will fulfill our back orders and also retain inventory in hand of 7,760 units.

The 3 pages attached show how the cost is worked out and the presentation as well.

3 0
3 years ago
Digital Fruit is financed solely by common stock and has outstanding 40 million shares with a market price of $20 a share. It no
Marina CMI [18]

Answer:

Digital Fruit

The expected market price of the common stock after the announcement is:

$20 per share.

Explanation:

Outstanding number of shares = 40 million

Market price of outstanding shares = $20 a share

Total market capitalization = $800 million

Debts introduced = $310 million

Market capitalization after the debt issue = $490 million ($800 - 310 million)

Number of shares bought back = $310 million /$20 = 15,500,000

Outstanding number of shares after the buy-back = 40 million minus 15.5 million

= 24,500,000 shares

Expected market price of the common stock after the announcement

= $490,000,000/24,500,000

= $20 per share

3 0
2 years ago
On December 1, 2020, Bramble Corporation incurs a 15-year $1300000 mortgage liability in conjunction with the acquisition of an
weeeeeb [17]

The portion of the second monthly payment made on January 31, 2021, which represents repayment of principal is $15600.

<h3>Mortgage liability </h3>

Mortgage liability limits the liability of potential third parties who were not involved when the mortgage was arranged. For example, if a mortgage is in arrears, the debtor has to pay the outstanding principal and interest, plus late payment and other charges.

<h3>What is mortgage asset or liabilities?</h3>

A current liability for

1) the principal payments that will be coming due within one year after the balance sheet date, and

2) any accrued interest that is owed as of the balance sheet date.

To learn more about current liability  visit the link

brainly.com/question/14287268

#SPJ4

6 0
2 years ago
Explain five steps in product design for a business
Fittoniya [83]

Explanation:

Five phases guide the new product development process for small businesses: idea generation, screening, concept development, product development and, finally, commercialization.

5 0
2 years ago
Other questions:
  • Is the state court in Nebraska obligated to follow the California Supreme Court’s decision? Explain. At least a four-sentence an
    15·1 answer
  • Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her pho
    10·1 answer
  • You are considering two independent projects that have differing requirements. Project A has a required return of 12 percent com
    15·1 answer
  • In any organization, ______ such as raw materials, labor, facilities, equipment, and knowledge, are needed to transform them to
    7·1 answer
  • The storm lasted as long as it takes rice to cook” is an example of
    6·2 answers
  • The operations, management, and regulation of a financial conglomerate are the same irrespective of the types of services offere
    10·1 answer
  • What document is used to summarize a job applicant’s experience, education, and achievements?
    11·2 answers
  • The mountain dew ads imply that the company is using which positioning approach as identified by professor ernest martin? use/ap
    10·1 answer
  • The cash account for Norwegian Medical Co. at April 30 indicated a balance of $403,784. The bank statement indicated a balance o
    10·1 answer
  • In response to accounting scandals and the collapse of Enron at the turn of the century, the U.S. Congress passed the Sarbanes-O
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!