1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ira Lisetskai [31]
3 years ago
13

This problem has been solved!See the answerMidland Oil has $1,000 par value bonds outstanding at 13 percent interest. The bonds

will mature in 20 years. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.Compute the current price of the bonds if the present yield to maturity is: (Do not round intermediate calculations. Round your final answers to 2 decimal places. Assume interest payments are annual.)Bond Pricea. 16 percent $b. 12 percent $c. 11 percent $
Business
1 answer:
aev [14]3 years ago
5 0

Answer:

si

Explanation:

You might be interested in
Global Commerce Corporation purchased trading debt investments for $136,000 on December​ 31, 2018. There is a decrease of $3,400
stellarik [79]

Answer:

A. Unrealized Holding  Loss - Trading 3,400

Fair Value  Adjustment - Trading 3,400

Explanation:

Since this investment is classified as a trading investment, any change in its fair market value must be included in their income statement. The appropriate journal entry should be:

Dr Unrealized loss on trading security 3,400

     Cr Debt investments 3,400

This will decrease the carrying value of the debt investments in the balance sheet and the loss will be included in the 2019 income statement. The fair value adjustment account normally has a credit balance since it decreases the carrying value of the investment account.

3 0
3 years ago
Which of the following is true regarding GASB's definition of the financial reporting entity?
Mashutka [201]

Answer:

d. All of the above are true

Explanation:

According to my research on the GASB's definition of the financial reporting entity, I can say that based on the information provided by the GASB website, all of the above statements provided are true. They can consists of many components such as joint ventures or jointly governed organizations, governments can be general purpose governments or special-purpose governments, and Blending is used.

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

7 0
3 years ago
The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017.
Step2247 [10]

Answer:

Explanation: Ik weet het echt niet en ik ga je plagen met mijn antwoord, ik verwacht niet dat je je moeder afbreekt op zoek naar dit haha.  

7 0
3 years ago
How many people are in the USA?
likoan [24]
Google the statistics
7 0
3 years ago
Read 2 more answers
Select all that apply Determine which of the following statements are correct descriptions of a subsidiary ledger. (Check all th
djyliett [7]

Answer:

- The balance in the subsidiary ledger will equal the balance of its supported account in the general ledger.

- The account which the subsidiary ledger supports in the general ledger is called a control account.

- It is a supporting ledger that contains detailed information about a general ledger account.

- Two of the most common subsidiary ledgers are for Accounts Payable and Accounts Receivable.

Explanation:

A subsidiary ledger is defined as a supporting ledger that contains details of an account on the general ledger.

It gives a breakdown of the single amount that reflects in a general ledger account.

For example if the accounts payable account has a balance of $50,000, the subsidiary ledger will show the individual transactions that make up the $50,000.

Therefore the balance of the subsidiary ledger will equal the amount in the general ledger account.

5 0
3 years ago
Other questions:
  • A company sells two products with information as follows: ​ A B Sales price per unit $12 $22 Variable cost per unit $10 $10The p
    11·1 answer
  • At January 1, 2016, Sheffield Corp. has beginning inventory of 3000 surfboards. Sheffield estimates it will sell 11000 units dur
    12·1 answer
  • The opportunity to gain a foothold in the snack cracker industry had just been found. Britney Marr, an account executive manager
    15·1 answer
  • You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a ve
    7·1 answer
  • The two major forms of employee involvement are participative management and ________. 1. job sharing 2. job rotation 3. represe
    13·1 answer
  • g . Kings Donut Inc common stock sells for $39.86 a share at a market rate of return of 9.5%. The company just paid its annual d
    7·1 answer
  • ​A(n) ______ reveals how a​ firm's operations impact the natural environment. This document discloses to shareholders informatio
    11·1 answer
  • What is product positioning​
    15·1 answer
  • BMW has developed two new print ads designed to appeal to women.One ad uses local scenes from around its South Carolina plant an
    15·1 answer
  • During a time of inflation, what happens to the value of the dollar?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!