It's a good idea to call a day or two in advance to confirm your appointment. <br> True <br> False

A corporation issued $600,000, 10%, 5-year bonds on January 1, 2017 for $648,666, which reflects an effective-interest rate of 7

VashaNatasha [74]

Answer:

correct option is a. $617,911

Explanation:

given data

issued = $600,000

rate = 10 %

time 5 year

amount = $648,666

effective-interest rate = 7%

solution

we get here carrying value so first we get here Interest paid per semiannual period that is

Interest paid per semiannual period = $600000 ×10% × $\frac{6}{12}$

Interest paid per semiannual period = $30000

and

Interest expense on 30 June = $648666 × 7% × $\frac{6}{12}$

Interest expense on 30 June = $22703

and

Interest expense on 30 December = $641369 × 7% × $\frac{6}{12}$

Interest expense on 30 December = $22448

so

Interest expense on 30 June = ($641369 - $7552) × 7% × $\frac{6}{12}$

Interest expense on 30 June = $22184

and

Interest expense on 30 December = ($633817 - $7816) × 7% × $\frac{6}{12}$

Interest expense on 30 December = $21910

so as that we get Carrying value of 1st January that is

Carrying value of January 1 = $633817 - $7816-8090

Carrying value of January 1 = 617911

so correct option is a. $617,911

7 0

3 years ago

During the current year, Orr Company incurred the following costs: Research and development services performed by Key Corp. for

LuckyWell [14K]

Answer:

$525,000

Explanation:

The amount to be recognized as research and development expense for the year includes the cost of research and development services performed by Key Corp. for Orr, the cost incurred on testing of pre-production prototypes and models as well as the cost of testing in search for new products or process alternatives,

In other words, all costs incurred would be expensed since no of them met the capitalization criteria as per generally acceptable accounting principles

4 0

3 years ago

Gina and Bill are managers for two separate projects; both freely express their anger at work. Compared to Bill, Gina is more li

cestrela7 [59]

The answer to the question is Gina (B) is more likely to be perceived as overemotional and incompetent.

This is mainly because of her gender – since Gina is female, and females are often stereotyped as highly influenced by feelings when exhibiting their behaviors, thus, she will be judged as overemotional due to this. She would also be judged as more incompetent than Bill.

3 0

3 years ago

I need help with my assingemnt

Gekata [30.6K]

Answer:

idc

Explanation:

i do not care, not at all.

7 0

3 years ago

hailey corporation pays a constant $13.50 dividend on its stock. the company will maintain this dividend for the next 8 years an

Elena-2011 [213]

The current share price is approximately $69.47

<h3>What is the Share price?</h3>

The cost of one share of a group of marketable equity shares of a firm is known as the share price.
Simply put, the stock price is either the lowest possible price or the maximum price someone is ready to pay for the stock.
Analysts estimate the behavior of asset prices, especially share prices in stock markets, using random walk approaches in economics and financial theory.
The share price method is predicated on the idea that investors behave logically and impartially and constantly appraise the value of an asset based on expectations for the future.
In such a scenario, the price is influenced by all available information and is only subject to alteration in response to the release of new information.

Share price = $13.5 × Present value of annuity factor(11%,8)

Share price =$13.5 × 5.146122761

Share price =$69.47(Approx).

Hence, the current share price is approximately $69.47

To learn more about Share price from the given link

brainly.com/question/28546868

#SPJ4

5 0

1 year ago

It's a good idea to call a day or two in advance to confirm your appointment. True False