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almond37 [142]
3 years ago
14

Morgan Company issues 10%, 20-year bonds with a par value of $720,000 that pay interest semiannually. The current market rate is

9%. The amount paid to the bondholders for each semiannual interest payment is:
Business
1 answer:
faust18 [17]3 years ago
7 0

Answer:

$36,000

Explanation:

Calculation for the amount to be paid to the bondholders for each semiannual interest payment

Using this formula

Semiannual interest payment = Face value Amount*Interest Rate*Time

Let plug in the formula

Semiannual interest payment = $720,000*0.10*0.50

Semiannual interest payment = $36,000

The amount paid to the bondholders for each semiannual interest payment is $36,000

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CraftWare Inc., a furniture manufacturer, uses ABC analysis to define its inventory value. The inventory contains wood, cast iro
Shalnov [3]

Answer:

d. wood

Explanation:

A Class C-item refers to items that have the lowest consumption value which is the lower 5% of the annual consumption value and it applies to the 50% of the total inventory items. Therefore based on this information and the information provided within the question it can be said that the class C item in this scenario would be wood.

8 0
3 years ago
Suppose demand increases and supply increases. which of the following will happen?
sammy [17]
If demand increases and supply increases, the one that will happen is : equilibrium quantity will increases
When this happen, the product will be sold like crazy on the market, which will lead to an increase in equilibrium quantity

hope this helps
8 0
3 years ago
There are 5 steps involved when defining a project; which of the following is the second?
const2013 [10]

Answer:

Establish project priorities

Explanation:

Option (c) Establish project priorities

The Establish project priorities helps in the smooth running of the project.

It deals with assigning the tasks involved in the project priorities. The priorities are assigned on the basis of the importance, resources required by the particular task, its effect on overall completion time of the project etc.

8 0
3 years ago
oltenberg Co. had the following information for the month of June: Work in process beginning inventory, June 1 3,900 units Units
LuckyWell [14K]

Answer:

14,100 Units

Explanation:

<u>Calculation of Units completed in June:</u>

Units completed in June = WIP Beginning inventory + Units transferred in – WIP Ending inventory

Units completed in June = 3,900 units + 13,300 units - 3,100 units

Units completed in June = 14,100 Units

6 0
3 years ago
TopChop sells hairstyling franchises. TopChop receives $56,000 from a new franchisee for providing initial training, equipment a
valentina_108 [34]

Answer:

$73,500  is the revenue TopChop will recognize for the arrangement with Carlos.

Explanation:

Revenue is calculated as follows.

= amount received + Use of name

= $56,000 + $35,000 × (1÷2)

= $73,500

New franchise fee can be immediately recognised as income.

5 0
3 years ago
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