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Natali5045456 [20]
3 years ago
5

A bond is issued at a discount when a​ bond's stated interest rate is​ ________. A. more than the effective interest rate B. equ

al to the market interest rate C. less than the market interest rate D. more than the market interest rate
Business
1 answer:
kiruha [24]3 years ago
8 0

Answer: C. Less than Market Interest rate

Explanation: When the interest rate on a bonds issued by an organization is lesser than the prevailing interest rate being offered in the market at a certain time on Bank deposits, loans or other interest bearing funds, organization tends to issue discounts on bonds in scenarios like this and as such bonds are being issued or traded at prices lower or below it's face value in other to encourage investors and bridge the interest gap between the bond rate and the market rate.

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Depreciation on the company’s wind turbine equipment for the year is $6,200. The Prepaid Insurance account for the solar panels
GrogVix [38]

Answer & Explanation:

depreciation expense                  6,200  debit

  accumulated depreciation wind turbine   6,200 credit

to record depreciation expense

insurance expense       2,000 debit

        prepaid insurance                      2,000 credit

to record expired insurance

unearned revenue 2,200 debit

                service revenue    2,200 credit

to record service paid in advance

wages expense 2,400 debit

   wages payable     2,400 credit

to record accrued wages for the period

interest receivable 520 debit

    interest revenue          520 credit

to record interest earned for the period.

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3 years ago
You scheduled a meeting with your banker to discuss your findings. How will you fine-tune your product to incorporate your marke
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Answer:

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Were results good, targets met, and goals achieved? Or did your plan totally miss the mark? If you don't review what you did, how will you know what worked

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5 0
2 years ago
Define internal customers​
iren2701 [21]
Internal customers have a relationship with, and within, your company, either through employment or as partners who deliver your product or service to the end user, the external customer
4 0
3 years ago
Products that consumers a regularly without spending much effort on thinking about them are?
vitfil [10]

Answer: Convenience, Shopping, Speciality and Unsought

Explanation: Next time please be more specific Thanks

8 0
2 years ago
Read 2 more answers
In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 million book value) into common s
In-s [12.5K]

Answer:

The answer is given below;

Explanation:

Preferred Stock   Dr.$39,000,000

Common Stock    Cr.$33,000,000

Paid in capital in excess of par-Common stock  (39,000,000-33,000,000)        Cr.$6,000,000  

As the book value of preferred stock is greater than the price paid at the time of conversion into common stock,therefore excess amount is paid in capital in excess of par for common stocks.As the preferred stock is reduced by their book value,therefore it is debited and common stock is credited with its cost.  

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