Answer:
the amount reported as proceeds from bond issuance is $4,509,000
Explanation:
The computation of the amount reported as proceeds from bond issuance is as follows
Total Bond Issued during 2021
= Bonds payable, December 31, 2021 - Bonds payable, January 1, 2021 + Bond Payable retired
= $4,830,000 - $809,000 + $807,000
= $4,828,000
Now
Bond issued for cash is
= Total bond issued - Bonds issued in exchange for Equipment
= $4,828,000 - $319,000
= $4,509,000
Hence, the amount reported as proceeds from bond issuance is $4,509,000
Answer:
The correct answer is option c.
Explanation:
A decrease in the supply will cause the supply curve to shift to the left. This leftward shift in the supply curve will further cause the demand and supply curve to intersect at a higher point.
As a result, there will be an increase in the equilibrium price and a decrease in the equilibrium quantity.
This also represented in the figure given below.
<span>Joe's business is most likely a type of sole proprietorship. Sole proprietorships are usually ran by one person who accounts for all of the business expenses as part of their personal taxes so there is no difference between personal and business. This form of business also does not need to file any paperwork with the state. The owner just needs a business license.</span>
Jamal's monthly payment for the car loan is $578.59.
Data and Calculations:
Amount of Jamal's auto loan = $30,000
Term of the auto loan = 5 years or 60 months
Interest rate payable = 5.9% APR
Monthly payment from an online financial calculator:
Monthly Pay = $578.59
Total Loan Amount = $30,000.00
Upfront Payment = $0.00
Total of 60 Loan Payments = $34,715.41
Total Loan Interest = $4,715.41
Total Cost = $34,715.41
Thus, Jamal will be making a monthly payment of $578.59.
Learn more about calculating monthly payments for auto loans at brainly.com/question/11866605
Answer:
$2.67 per share
Explanation:
To start with,we calculate the present worth of the company using the below formula:
present worth of the company=free cash flow*(1+g)/r-g
g is the growth rate of the free cash flow which is 3.0%
r is the cost of capital of 10%
present worth=$10 million*(1+3%)/10%-3%
=10.3/7%
=$ 147.14 million
However ,the value of total equity is computed thus:
equity=present worth+cash-debt
cash is $8.5 million
debt is $22 million
equity=$ 147.14 +$8.5-$22
equity=$133.64 million
value of each share=equity value /number of shares
number of shares is 50 million
value of each=$133.64 million/50 million=$2.67 per share