Answer:
options (b),(c) and (e).
Explanation:
Okay let us take the options one after the other;
(a). People in Oregon send money to help cyclone victims in Bangladesh: this is WRONG because the question asked us to identify an INCOME-BASED payment and it is not.
(b). A resident of Maryland buys a car produced by Toyota in Japan: this is CORRECT. The person making the payment is a US resident making payment to a Japanese firm.
(c). Apple corporation pays a stock dividend to a resident of India: This is also CORRECT because Apple is a US based company making payment to Indian(a foreigner).
(d). A foreign exchange student from Paris comma France comma sends wine and cheese to her host family in Columbus comma Ohio : this WRONG because the student is also a foreigner.
(e). Orange Telecom comma a French company comma pays a stock dividend to a resident of Kansas City: this is CORRECT. Orange Telecom is a France company paying income to a foreigner (a U.S resident).
<u>Solution and Explanation:</u>
Required Return after 5 year = Real rate of return + Inflation premium + Risk premium
Required Return after 5 year = 5+2+4
Required Return after 5 year =11%
No of year left to maturity = 25
Annual Interest payment = 15%*1000 = 150
Face value of Bond = 1000
New price of the bond = pv (rate, nper, pmt, fv)
New price of the bond = pv (11%,25,150,1000)
New price of the bond = $ 1336.87
Answer:
The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.
Explanation:
This question is an instance of bonds issued at a discount. This happens when a bond is issued below the face value of the bond and also happens when the coupon rate on the bond payable is less than the market rate.
The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.
So, the appropriate journals to record this transaction is as provided above.
Answer: $825
Explanation:
Total seminar cost for the team;
= 150 * 5 people
= $750
Two cars need to be driven the 100-mile round trip at 37.5 cents per mile.
= 2 * 100 * 37.5
= 7,500 cents
= $75
Cost of Seminar = 750 + 75 = $825
Answer:
Increased resistance to deflection or external force.
