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VLD [36.1K]
3 years ago
13

On September 1, 2021, Red Co., issued $48 million of its 10% bonds at face value. The bonds are dated June 1, 2021, and mature o

n May 30, 2031. Interest is payable semiannually on June 1 and December 1. At the time of issuance, Red would receive cash proceeds that would include accrued interest of:
Business
1 answer:
Harlamova29_29 [7]3 years ago
3 0

Answer:

$1,200,000

Explanation:

The computation of the accrued interest is shown below:

= Principal × rate of interest × number of months ÷ (total number of months in a year)  

= $48,000,000 × 10% × (3 months ÷ 12 months)

= $1,200,000

We simply applied the simple interest formula by considering the principal amount, rate of interest and the number of months so that the correct amount could come

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Shell Enterprise is a soft toy manufacturer. It sells its toys to ToySpot, a company that sells a wide range of toys to the publ
geniusboy [140]

Answer:

ToySpot in this scenario is a soft toy retailer; this means it deals with customers directly and at the same location.

4 0
3 years ago
Why is all else held constant along a demand curve? Group of answer choices To isolate how a change in price impacts a change in
Kazeer [188]

Answer:

To isolate how a change in price impacts the change in quantity demanded.

Explanation:

In the case of the demand the thing that should be constant is the isolation that means if there is the change in price so the same got an effect in the change in the quantity demanded. So overall we can see that both price and quantity demanded could be impacted in an isolation

Therefore the above should be the answer

Hence, the other options seems wrong

6 0
3 years ago
Courts have upheld the right of corporations to review the e-mail of employees who use company resources to send e-mail messages
Anna71 [15]

Answer:

Web brosers are not considered a company's resource.

Explanation:

The reasons behind this answer are that in the first place, the company does own the hardware or office equipment the employee uses to send the e-mails. Also, they own the time because they have the arrangement to acquire the employees' time and skills to develop certain tasks. Furthermore, the company's also own the software they paid for. However, web browsers are free to use and they don't require licenses to be used. Therefore, web browsers are not copay's resources.

7 0
3 years ago
The collision repair industry does what volume of business per year? A. $1 million B. $10 Million C. $1 Billion D. $10 Billion
Eva8 [605]

Answer: D. $10 Billion

Explanation:

The United States has a large economy with a very large number of cars which was estimated to be around 280 million in the last quarter of 2019. With these many cars it would be improbable that there would not be quite a number of accidents and there are. In the year 2018, around 12 million cars were involved in motor accidents.

With such a staggeringly high number of cars involved in collisions, it is no wonder that it is estimated that the collision repair industry does around $10 billion worth of business every year.

6 0
3 years ago
Herm has nickels, dimes, and quarters. The total of his nickels and dimes are worth $2.70. The total of his dimes and quarters e
Dmitriy789 [7]

Answer: 8 quarters

Explanation:

Nickels means 5 cents

Dimes means 10 cents

Quarters means 25 cents.

N and D = $2.7 = 270 dollars

Q and D = $3.5 = 350 dollars

Find the attached document for the solution.

5 0
3 years ago
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