Answer:
E) $12,000
Explanation:
the bonds were issued at a discount for $93,000
the face value $100,0000
coupon rate 12%
even though the bonds were sold at a discount because the coupon rate was lower than the market rate, the amount of cash paid as interest is based on the face value = $100,0000 x 12% = $12,000
the journal entry to record the sale of the bonds would be:
Dr Cash 93,000
Dr Discount on bonds payable 7,000
Cr Bonds payable 100,000
whatever method the company uses to record interest, the amount of cash paid will always be the same
Answer: $32,800
Explanation:
Every year, the preference shareholders are entitled to the following in dividends;
= 14,100 * 4% * 100
= $56,400
These shares are cumulative which means that if dividends are not paid in one year, they will have to be accured and paid in another.
No dividends were paid in 2019.
In 2020, dividends were $101,000
Preference shareholders would get dividends for both 2019 and 2020 from here so;
= 56,400 + 56,400
= $112,800
They will take all $101,000 and still be owed;
= 112,800 - 101,000
=$ 11,800
In 2021, their Preference dividends will be;
= 56,400 + 11,800
= $68,200
Amount left for Common shareholders in 2021 will therefore be;
= 101,000 - 68,200
= $32,800
<span>The process of restricting access to certain material on a given network is called content filtering. Many schools filter inappropriate content or games so they cannot be accessed by school computers or student's phones.</span>
The answer that best fits the blank provided above is the term COMMUNICATION. Since the main responsibility of Dan is to create a promotional campaign for a new line of footwear in Under Armour, he should state this in communication terms in order to target customers' attitudes for a favorable response.
Answer:
The Correct Answer is A.
"He was appointed as a federal judge".
Explanation:
- William Marbury was appointed a justice of the peace for the District of Columbia by John Adams, however, Marbury did not get his commission papers.
- Marbury petitioned the supreme court to force James Madison to deliver the paper of commission to him.
- James Madison held the role of transmitting appointments and did not approve the Marbury.
- Madison refused to give the commission to Marbury.
