1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A ________ is made up of a company, its suppliers, distributors, and, ultimately, customers who "partner" with each other to imp
nevsk [136]
The answer to this question is the term Value delivery network. A Value delivery network is a system that is made up of the participants like the company, suppliers, distributors that are all involved in the marketing, distributing, production, and even the customer service of the goods and services in a specific or geographic area / market. This team partners together for a common goal, to provide good service.
4 0
4 years ago
select all of the following that are companies that paid dividends for 100 consecutive years. a. bp b. stanley works c. corning
nevsk [136]

The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

<h3>What is dividend?</h3>

Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are  from the profit they make or generated.

Shareholders often invest their money in a business  or buy part of a company shares in which they in turn receive profit from the company they invested their money into.

Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.

Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

Learn more about dividend here:brainly.com/question/2960815

brainly.com/question/3161471

#SPJ1

7 0
2 years ago
Which of the following marketing variables is concerned with design, quality, and packaging? O A. Promotion O B. Place O C. Pric
Gala2k [10]

Answer:

promotiopeicen

Explanation:

product

8 0
3 years ago
Petrus Framing's cost formula for its supplies cost is $1,860 per month plus $11 per frame. For the month of March, the company
MissTica

Answer:

$355 unfavorable

Explanation:

Budgeted supplies cost was [$1,860 + (635 frames x $ 11)] = ($1,860 + $6,985) = $8,845

Actual supplies cost was $9,200, so the variance was = budgeted cost - actual cost = $8,845 - $9,200 = $355 unfavorable

Since the actual supplies cost was higher than the budgeted supplies cost, then the variance must be unfavorable (because more money was spent than expected).

4 0
3 years ago
Bonner Corp.'s sales last year were $415,000, and its year-end total assets were $355,000. The average firm in the industry has
koban [17]

Answer:

$182,083

Explanation:

The computation of the total assets by considering the total assets turnover is shown below:

Total assets turnover = Sales ÷ total assets

2.4 = $415,000  ÷ total assets

So, the total assets equal to

= $415,000 ÷ 2.4

= $172,917

So, the assets is reduced by

= Year-end total assets - calculated assets

= $355,000 - $172,917

= $182,083

5 0
3 years ago
Other questions:
  • Under Treasury Circular 230, which of the following actions of a CPA tax advisor is characteristic of a best practice in renderi
    13·1 answer
  • Which of the following is a more attractive place to do business? Multiple Choice A nation that lacks democratic institutions A
    11·1 answer
  • A(n) ____________________________ exists to promote the sales of a particular manufacturer’s products.
    14·2 answers
  • Maria usually sleeps until 8 am, but tomorrow she needs to be at work at 6 am. She should probably _____.
    13·2 answers
  • Dunn received 100 shares of stock as a gift from Dunn's grandparent. The stock cost Dunn's grandparent $32,000, and it was worth
    15·1 answer
  • Bassett Corporation has two production departments, Milling and Customizing. The company uses a job-order costing system and com
    9·1 answer
  • Yong teaches students with learning disabilities and physical disabilities. Barb teaches computer programming to high school stu
    11·2 answers
  • On December 31, 2015, Howells, Inc. appropriately changed its inventory valuation method to FIFO cost from weighted-average cost
    11·1 answer
  • When speaking on behalf of your team in a routine message, you might seek ______ from other team members to make sure they agree
    13·1 answer
  • Limits on the quantity or total value of specific products imported to a nation are:_____.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!