Answer: Debit: Interest expense $9900
Debit: Premium on bonds payable $540
Credit: Cash $10440
Explanation:
First and foremost, the cash payment will be calculated as:
= $174,000 × 12% × 6/12
= $174,000 × 0.12 × 0.5
= $10440
Interest expenses will be calculated as:
= $180000 × 11% × 6/12
= $180000 × 0.11 × 0.5
= $9900
Therefore, the journal entry to record the first interest payment would be:
Debit: Interest expense $9900
Debit: Premium on bonds payable $540
Credit: Cash $10440
<span>Scientists and mathematicians would be greatly beneficial to the project due to their ability to help us calculate our cost and effect on the environment, as well as maximize our budget with their calculations. I hope you all realize how important these new additions to our team are.</span>
Answer:
The answer is $2.44 millions option (a) is correct
Explanation:
Solution
Recall that:
Weighted average cost of capital =10.25%
The value of operations = $57.50 million
Constant rate = 6.00%
Now we have to find the expected year-end free cash flow.
Thus
The value of operations = $57.50 million
WACC =10.25%
Growth rate = 6.00%
So
The value of operation = free cash flow/( WACC-growth rate )
$57.50 = free cash flow / 0.1025-0.06
$ 57.50 = free cash flow/0.425
Free cash flow = $ 57.50*0.0425
= $2.44 millions
Hence the expected ear-end free cash flow is $2.44 millions
<span>Vygotsky believed that cognitive development was the result of social interactions. Lev Vygotsky was a Soviet psychologist who was born in 1896 and died in 1934 at the age of 37. Developmental psychology was his main field of interest and study.</span>
Answer:
yes it has definitely. people can now talk a lot easier and can talk to people from other places and make new friends