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Ann [662]
3 years ago
11

On January 1, 2018, Legion Company sold $200,000 of 10% ten-year bonds. Interest is payable semiannually on June 30 and December

31. The bonds were sold for $177,000, priced to yield 12%. Legion records interest at the effective rate. Legion should pay cash interest for the six months ended June 30, 2018, in the amount of:a. $10,000.
b. $12,000.
c. $10,620.
d. $8,850.
Business
1 answer:
MatroZZZ [7]3 years ago
8 0

Answer:

Correct option is A $10,000

Explanation:

10% × ½ × $200,000 = $10,000.

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What is the One Club? They asked me this on my homework assignment.
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Answer:

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3 years ago
In​ 1916, the ford motor company sold​ 500,000 model t fords at a price of​ $440. henry ford believed that he could increase sal
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For the answer to the question above,
we must use this formula,
(New - Old)/ (Ave. of New and Old)

In this case,
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Then finally divide the rate on change of quantity by the rate of change in price which is
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6 0
3 years ago
In silicon valley, california, it is not unusual for highly skilled employees to stay at one company for about three years. thes
Anuta_ua [19.1K]

Answer:

Type A

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Ber [7]
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Read 2 more answers
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