Answer:
bondholders will receive 8% of $1,000 = $80
Explanation:
The price of the bond varies depending on the yield to maturity, resulting in higher or lower gains for bondholders, but the actual cash amount received will always be equal to the coupon rate.
The same applies to the issuer of the bond, it may receive more or less money depending on the market rate, which increases or decreases interest expense, but the amount of money paid is always the coupon rate.
Answer:
$108,500
Explanation:
The preparation of the operating activities section is presented below
Cash flow from operating activities
Net income $62,000
Add: depreciation expense $77,000
Add: Increase in account payable $10,000
Add: Increase in income tax payable $16,500
Less: Increase in prepaid rent -$57,000
Cash flow from operating activities $108,500
The negative amount shows cash outflow and the positive amount shows the cash inflow
Answer:
35
Explanation:
12/1-34÷1 I just need points
Answer:
$11,750
Explanation:
The computation of bad debt is shown below:-
Bad debt expense = Estimated allowance for uncollectible at the year end - Existing balance in allowance for uncollectible account credit balance
= ($314,000 × 4%) - $810
= $12,560 - $810
= $11,750
Therefore for computing the bad debt expenses we simply applied the above formula.
Answer:
b. The cost of materials decreased by $0.29 per unit, indicating an improvement.
Explanation:
We have to determine the material cost per unit which is shown below:
Material Cost per unit = Cost of material consumed ÷ number of equivalent units produced
For June, it would be
= $38,000 ÷ 4,000 units
= $9.5 per unit
For July, it would be
= $39,125 ÷ 4,250 units
= $9.21 per unit
So, the change in the cost of material is
= $9.5 - $9.21
= $0.29 per units
