Intermediate and deep earthquakes occur along ___________

Three years ago American Insulation Corporation issued 10%, $800,000, 10-year bonds for $770,000. American Insulation exercised

My name is Ann [436]

Answer:

Explanation:

Dr Bond Payable $800,000

Dr Loss on early extinguishment $11,000

Cr Discount on bonds $21,000 (7/10 x $30,000)

Cr Cash $790,000

Supporting calculations:

*Unamortized discount calculation:

Face value of the bond 800,000

Less: issue price of the bond 770,000

Discount on bonds payable 30,000 (800,000-770,000)

Amortization of discount on bonds payable per year under straight line method (30,000/10) 3,000

Unamortized discount for the remaingg 7 years is 21,000 (7*3,000)

*Loss on early extinguishment calculation:

Face value of the bond 800,000

Less: Unamortized discount for the remaingg 7 years 21,000

Carrying value of the bonds (800,000-21,000) 779,000

Retirement price of the bonds 790,000

Loss on early extinguishment -11,000

5 0

3 years ago

______ is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities,

Ad libitum [116K]

The best description of the definition given above is Related diversification because it entails when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.

<h3>What is Related diversification?</h3>

Related diversification refer to a situation when a firm change into another new industry that is very similar with the firm's existing industry or industries

The benefit of related diversification is it allow the sharing of related resources and ensures profit of real diversification.

Therefore, Related diversification is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.

Learn more on diversification from the link below.

brainly.com/question/417234

5 0

2 years ago

A client who has been training at high intensities in preparation for a triathlon reports joint pain, excess fatigue, and the in

Evgen [1.6K]

Answer:

The client is in the exhaustion stage of the general adaptation syndrome.

Explanation:

The 3 stages of the General Adaptation Syndrome are Alarm reaction, Resistance and Exhaustion.

The characteristic properties of each of the stage are different: For example

The person experiences, either higher rate of stress or adrenaline rush through the body in the 1st stage.
The person experiences frustration and anxiety in the second stage which is the Resistance stage.
While there is excessive fatigue in the 3rd stage which is exhaustion.

As the client is showing the symptoms of fatigue, thus this is the 3rd stage, i.e. exhaustion stage of GAS.

3 0

3 years ago

Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an

Jet001 [13]

Answer:

The answer is: A) The new machinery can be depreciated using the same method or different method than the previously purchased machinery

Explanation:

Their is no rule that requires a business to always use the same depreciation method for the assets they purchase.

The most common depreciation methods include:

Straight-line.
Double declining balance.
Units of production.
Sum of years digits.

Depending on the asset a business may consider one depreciation method that better suits it, and another depreciation method for their other assets.

6 0

3 years ago

In 2019, Alliant Corporation acquired Centerpoint Inc. for $352 million, of which $62 million was allocated to goodwill. At the

Kazeer [188]

Solution:

The reporting unit's book value of $250 million meets the market value of $220 million.

Requirement 1:

Determination of implied fair value of goodwill:

Fair value of Center point, Inc. $220 million

Fair value of Center point’s net assets (excluding goodwill) 200 million

Implied fair value of goodwill $ 20 million

Measurement of impairment loss:

Book value of goodwill $62 million

Implied fair value of goodwill 20 million

Impairment loss $42 million

Requirement 2: If the operating unit's market valuation of 270 million dollars surpasses 250 million dollars, there is no depreciation risk.

4 0

3 years ago

Intermediate and deep earthquakes occur along ____________.