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Natalija [7]
3 years ago
12

Film and theater productions that meet certain criteria may qualify for ____, given by individuals or organizations that set for

th the qualification criteria, and which are essentially financial gifts that do not have to be repaid.
Business
1 answer:
kenny6666 [7]3 years ago
4 0

Answer:

Grant.

Explanation:

According to my research on different financial aid's, I can say that based on the information provided within the question the term being mentioned in the question is called a Grant. Like defined in the question, this is a financial aid that is given to people or groups that meet certain requirements in order to help them continue and further expand on their work. These Grant's are given as a form of donation by individuals or organizations that appreciate the work being done.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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6 0
3 years ago
On January 1, 2021, Blair Company sold $800,000 of 10% ten-year bonds. Interest is payable semiannually on June 30 and December
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Answer:

$42,480

Explanation:

Given that,

Value of bonds = $800,000

Interest rate = 10%

Selling price of bond (Book value) = $708,000

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The semi-annual yield is calculated as follows:

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= 6%

Therefore, the semi-annual bond interest expense:

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= $708,000 × 6%

= $42,480

Hence, the Blair should report bond interest expense for the six months ended June 30, 2021 in the amount of $42,480.

But the actual cash paid for the interest expense will be:

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= [$800,000 × (10%/2)]

= $800,000 × 5%

= $40,000

So, the amortization for bond discount is the difference between actual cash paid and bond interest expense:

= $42,480 - $40,000

= $2,480

7 0
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A.
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