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ivann1987 [24]
3 years ago
6

Schmid Corporation issues​ $450,000, 12%, 5minusyear bonds on January​ 1, 2019 for​ $439,000. Interest is paid semiannually on J

anuary 1 and July 1. If Schmid uses the straightminusline method of amortization of bond​ discount, the amount of bond interest expense on July​ 1, 2019​ is:
Business
1 answer:
Mamont248 [21]3 years ago
4 0

Answer:

$28,100

Explanation:

The computation of the bond interest expense is shown below:

= (Issued amount × interest rate) + (Issued amount - given amount) ÷ time period

= ($450,000 × 6%) + ($450,000 - $439,000) ÷ 10 years

= $27,000 + $1,100

= $28,100

In semi annual period, the interest rate is half and the time period is doubles and the same is shown

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Answer:

The correct answer is C

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Organic word of mouth (termed as Organic WOM), is defined as the word of mouth that naturally happen, when the person become himself the advocate as they are happy with the product and have a desire to share the support.

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The question is missing the options as given below:

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B. belief statement

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2 years ago
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Budgetary control

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uses the budget as the controlling operations .

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