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photoshop1234 [79]
3 years ago
9

Able Company issued $600,000 of 9 percent first mortgage bonds on January 1, 20X1, at 103. The bonds mature in 20 years and pay

interest semiannually on January 1 and July 1. Prime Corporation purchased $400,000 of Able’s bonds from the original purchaser on December 31, 20X5, for $397,000. Prime owns 60 percent of Able’s voting common stock.a. Prepare the worksheet consolidation entry or entries needed to remove the effects of the intercorporate bond ownership in preparing consolidated financial statements for 20X5What is the bond premium?b.Prepare the worksheet consolidation entry or entries needed to remove the effects of the intercorporate bond ownership in preparing consolidated financial statements for 20X6.What is interest income?What is Interest Expense, Investment in Able. NCIof NA of Able

Business
1 answer:
faltersainse [42]3 years ago
4 0

Answer:

Explanation:

Find attached the worksheets

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When a life insurance company advertises the safety and security of its products, it is using a ________ advertising strategy.
horrorfan [7]

I believe the answer is: C. persuasive

Persuasive advertising strategy, is a form of technique that is used to influence the consumers to do something, based on their pathos (appeal to the emotions)  logos ( appeal to their logical thinking) , and ethos (appeal to the ethical standard that they held in their life)

3 0
3 years ago
Read 2 more answers
In general terms, how would a change in investment opportunities affect the payout ratio under the residual payment policy?
adell [148]

Companies with residual dividend policies priorities paying capital expenditures out of earnings.

<h3>What is payout ratio?</h3>

The payout ratio, which is calculated as a percentage of the firm's total earnings, demonstrates the part of earnings that a company distributes to its shareholders in the form of dividends. By dividing the total dividends given out by the net income made, the computation is arrived at.

For dividend investors, the dividend payout ratio is a crucial indicator. It demonstrates how much of a company's earnings are distributed to investors. The higher that number, the less cash a corporation has left over to fund dividend growth and corporate expansion.

Companies with residual dividend policies priorities paying capital expenditures out of earnings. Any unused revenues are then used to pay dividends. Long-term debt and equity are often both parts of a company's capital structure.

To learn more about payout ratio refer to:

brainly.com/question/13083753

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6 0
1 year ago
A financial adviser manages an equity portfolio for an endowment fund, which has an 8.2% return objective. The adviser makes a s
MArishka [77]

Answer:

The endowment fund is not satisfied with the advisor's performance

Explanation:

Judging from a nominal interest rate perspective where return expected of an investment comprises of real rate of return and an extra return which is a compensation for inflation rate in the economy,the endowment fund is not satisfied with performance of the advisor.

The satisfactory rate of return that would be expected of the advisor is computed below:

nominal interest rate=real rate+inflation rate

real rate is 8.2%

inflation rate is 2.9%

nominal interest rate=8.2%+2.9%

                                  =11.10%

3 0
3 years ago
What type of firm helps consumers and businesses build
NISA [10]

Answer: the answer is investment

Explanation: i just did the quiz

3 0
3 years ago
True or false: Contributions of cash and property to a corporation in exchange for shares of the corporations stock can be tax d
LUCKY_DIMON [66]

Answer:

True

Explanation:

According to the United States of America Code, under section 351, which basically deals with the transfer to a corporation controlled by the transferor, it is TRUE that contributions of cash and property to a corporation in exchange for shares of the corporation stock can be tax-deferred.

Hence, it can be concluded that the correct answer to this question is definitely TRUE.

5 0
3 years ago
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