Answer:
Explanation:
The journal entries are shown below:
On Jan 1 - Cash A/c Dr $5,000,000
To Bonds Payable A/c $5,000,000,
(Being bond is issued)
On June 30 - Interest expense A/c Dr $150,000
To Cash A/c $150,000
(Being interest paid for cash)
On December 31, Bonds Payable A/c Dr $5,000,000
To Cash A/c $5,000,000
(Being payment of principal is recorded on the maturity date)
Answer:
That are unforeseen or unpredictable circumstances
Explanation:
Mike and Natalie enter into a contract for a sale of ninety specially made motion detectors. When Natalie does not deliver within a reasonable time after the agreed delivery date, Mike files a suit for breach. Natalie claims the doctrine of commercial impracticability. This doctrine extends only to problems that are ___That are unforeseen or unpredictable circumstances example time______.
The answer is c. Corporate taxes
The revision that eliminates the pronoun shift in the sentence below is If a student wishes to go on the field trip, he or she must bring in a permission slip. This is further explained below.
<h3>What is a permission slip?</h3>
Generally, A permission slip is simply defined as a form that another institution sends home with a pupil and a parent in which the parent authorizes minors.
In conclusion, a permission slip is required as consent from the guardian.
Read more about permission
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Answer:
B
Explanation:
The value of tax shield is simply given as corporate tax rate times the cost of debt times the market value of debt.
If the debt is constant and perpetual, the company’s tax shield depends only on the corporate tax rate and the value of debt. Then the present value of tax shield equals the discounted value of debt
