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boyakko [2]
3 years ago
9

On July 1, 2010, Washington Post paid the par value of $100,000 for 8 percent bonds that mature on June 30, 2015 . Interest at 8

percent is paid each June 30 and December 31. . When the bonds mature on June 30, 2015, the journal entry to record receipt of the principal payment would be:
Business
1 answer:
andrey2020 [161]3 years ago
4 0

Answer:

$146.932,81    

Explanation:

You have to calculate the number of years that you have to keep the bond to mature, the answer is 5 years that is the difference between the two dates, now you have to calculate with the interest compound formula the future value of the bond so you have to use the next formula:

Future value = amount of money *((1+ interest rate)^(n))

Where n correspond to the number of years

Note: The interest rate is 8% but is paid each 6 months, it's a reason why you have to multiply n plus 2.

n= 5* 2

n= 10

FV= 100.000*((1+8%)^(10))  

FV = $215.892,50  

According with the information the bond will pay $215.892,50

 

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A manager that looks at loans and deposits increases and decreases among other things to measure the bank's liquidity position i
Mademuasel [1]

Answer:

The answer is letter C

Explanation:

The sources and uses of funds approach.

6 0
3 years ago
Craft, Inc. normally produces between 120,000 and 150,000 units each year. Producing more than 150,000 units alters the company'
SVETLANKA909090 [29]

Answer:

The production range between 1120,000 and 150,000 is called Relevant range

correct option is c) relevant range

Explanation:

given data

normally produces = 120,000 to 150,000 units

to find out

The production range between 1120,000 and 150,000 is called

solution

The production range between 1120,000 and 150,000 is called Relevant range because there are 2 point

  • if Craft, Inc. need to reduce fixed expenses then production volume is reduce less than 120000 unit
  • if Craft, Inc. need to increase fixed expenses than production volume is increases more than 150000 unit

and if expected fixed expenses will not change than the production volume is 120000 units to 150000 units

so that production range between 1120,000 and 150,000 is called Relevant range

correct option is c) relevant range

7 0
3 years ago
Indentify possible transactions​
Nikitich [7]

Answer:

Hope i helped:)

Explanation:

1) All places 0

2)2 of the same numbers canceling each other for example  (-400, +400) (except column 2 because it has 7 free boxes witch means 1 of the boxes have to equal to 0)

7 0
2 years ago
Mostert Music Company had the following transactions in March: Sold music lessons to customers for $12,050; received $6,650 in c
bezimeni [28]

Answer:

Under Cash Basis all transactions for which cash is exchanged whether paid or received is accounted for.

Cash Basis Income Statement

Sales Revenue = $6,650

Customer Deposits = $4,550

Total Revenue = $11,200

Less: Expenses:

Wages              = ($700)

Net Income = $10,500

Under Accrual basis, the transactions are recorded as to the period they relate, and it is not necessary to exchange cash for the same.

Accrual Basis Income Statement

Sales Revenue = $12,050

Total Revenue = $12,050

Expenses

Wages = ($700)

Utilities = ($330)

Total Expenses = ($1,030)

Net Income = $11,020

7 0
3 years ago
Marguerite had been asked by her manager to write a summary of a seminar she had attended. Marguerite’s summary explained that t
Alja [10]

Answer:

language barriers

Explanation:

Since in the question,  it is mentioned that there is excessive use of jargon which results in difficulty to understand what the speaker wants to communicate and due to which it becomes harder to her to follow his presentation.

Here jargon means unique words which unable to understand by the group of people

Therefore this is a language barrier during the seminar

5 0
2 years ago
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