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Alexus [3.1K]
3 years ago
6

Chang Industries has bonds outstanding with a par value of $216,000 and a carrying value of $227,000. If the company calls these

bonds at a price of $221,000, the gain or loss on retirement is:
A. 5,000 gainB. 6,000 gainC. 6,000 lossD. 5,000 lossE. 11,000 gain
Business
1 answer:
cluponka [151]3 years ago
4 0

Answer:

A. $6,000 gain

Explanation:

Data provided

Carrying Value = $227,000

Call Price = $221,000

The computation of gain or loss on retirement is shown below:-

Gain on Retirement = Carrying Value - Call Price

= $227,000 - $221,000

= $6,000

Therefore for computing the gain on retirement we simply deduct the call price from carrying value.

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The service division of Raney Industries reported the following results for 2017.
SVEN [57.7K]

Answer:

$131,180; 21.53%

Explanation:

The controllable margin and the return on investment for 2017 are as follows:

Controllable Margin = Sales - Variable cost - Controllable fixed cost

                                 = $567,200 - $340,320 - $95,700

                                  = $131,180

Return on investment = Controllable Margin ÷ Average operating assets

                                     = $131,180 ÷ $609,100

                                     = 0.2153

                                     = 21.53%

4 0
2 years ago
An increase in savings by Americans (2 points) Question 7 options: 1) would most likely increase the supply of loanable funds.
dolphi86 [110]

Answer:

The correct answer is letter "A": would most likely increase the supply of loanable funds.

Explanation:

In the case Americans start saving more money, financial institutions will feel more confident in providing them with more loans because debtors have stored some resources that could cushion debts if they arise. Thus, the supply of loanable funds is likely to increase under this scenario.

5 0
3 years ago
Suppose the local pharmacy charges different prices to senior citizens than it charges to younger customers. The pharmacy should
Slav-nsk [51]

Answer:

third-degree price discrimination

Explanation:

Third - degree price discrimination -  

It refers to the practice of discrimination , i.e. , unfair treatment , where people tends to ask for different price for the same goods and services , is referred to as third - degree price discrimination.  

The discrimination can be on the basis of time , location , age , gender etc.

This type of discrimination is very common observed in the day to day activities .  

Hence , from the given scenario of the question,  

The correct term is Third - degree price discrimination .

4 0
3 years ago
Aggregate supply is best described as the
VladimirAG [237]

Answer:

Total output of all products and services.

Explanation:

Aggregate supply is defined as the total amount of goods and services that firms are willing to sell, at a specific price, within a particular economy.

Aggregate supply is a macroeconomic concept, an aggregate variable, that is used in Keynesian and Neoclassical economics, often in models that put it together with aggregate demand, in what is known as the Aggregate Supply-Aggregate Demand model (AS-AD model).

5 0
3 years ago
At the beginning of the year, Vendors, Inc., had owners' equity of $49,850. During the year, net income was $6,150 and the compa
LekaFEV [45]

Answer: $12,600

Explanation:

Based on the information that have been given in the question, the cash flow to stockholders for the year would be calculated as:

= Dividends Paid - (Ending Common Stock - Beginning Common Stock)

= $4250 - {[$49850 - $8350] - $49850}

= $4250 - [$41500 - $49850]

= $4250 - (-$8350)

= $4250 + $8350

= $12,600

5 0
3 years ago
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