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Blizzard [7]
3 years ago
13

Jordan issued 10-year, 11% bonds with a par value of $110,000. Interest is paid semiannually. The market rate on the issue date

was 10%. Jordan received $116,855 in cash proceeds. Which of the following statements is True? Multiple Choice Suring must pay $116,855 at maturity and no interest payments.
Business
1 answer:
liubo4ka [24]3 years ago
3 0

Answer:

$110,000 on maturity

Interest of $6,050 semiannually

Explanation:

Jordan will pay $110,000 at maturity date with 20 payments of  $6050 as interest

11% bonds at par value = $110,000

Interest paid = Semiannually

Market rate = 10%

At maturity, the par value will be paid as the par value of Jordan issued bonds is 110,000, therefore, Jordan will pay 110,000 on the maturity date.

As the bonds are issued for 10 years with semiannual payments that will be like 20 payments of $6,050 (110,000 x 10% x 6/12)

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Law Incorporation [45]

Answer:

A. Selection of the appropriate causal variable Y is important

Explanation:

We have this function, Y = f(X).

From this function we can see that Y is dependent on X. That is, it is a function of X. Y is not a causal variable. A causal variable is a variable that is able to influence the variable of interest. From this question Y is the variable of interest. It is the dependent variable. The independent variable is X and it is the causal variable.

Therefore the incorrect one is Selection of the appropriate causal variable Y is important

5 0
3 years ago
Sky High Seats manufactures seats for airplanes. The company has the capacity to produce​ 100,000 seats per​ year, but currently
Kisachek [45]

Answer:

Increase by 420.000$

Explanation:

Company's annual revenue at this level is: 75.000*440 = 33.000.000$. Total variable expenses are 280*75000= 21.000.000$. Total fixed expenses are 1.020.000$ making its annual profit equal to 10.980.000$. As regular sales won't be affected with the special order, and since company does not uses its entire production capacity, we can treat fixed costs as non-reimbursable costs. Therefore, we only observe relations of variable costs and income.

With price of 340$ per unit, total income is 2.380.000$ and total variable costs are 1.960.000$. The difference is 420.000$ and relates to the increase in profit in terms of non-used total production capacity.

3 0
3 years ago
Arbot Co. manufactures appliances at three manufacturing facilities in the United States. Each location has a plant manager who
yanalaym [24]

The correct answer to this open question is the following.

Arbot Co. manufactures appliances at three manufacturing facilities in the United States. Each location has a plant manager who oversees the manufacturing process for that location. Segmented income statements are prepared for each plant and each product manufactured in the plant. The salary of each plant manager is a traceable fixed cost to the plant and a common fixed cost for the individual product lines made in the plant.

The traceable fixed cost for a corporation means that this cost has a relationship between cost and effect related to a particular area or region of the country, or related to a process just operated in a specific location. This traceable fixed cost is part of the equation because there is a peculiar business that includes it. Or there is a necessity to be covered.

7 0
3 years ago
Should you feel bad about quitting your job for more money when you like your job
cupoosta [38]
Maybe if your new job is extremely boring or affects you in some way. But you shouldn’t feel bad since money can get you through rent and taxes and so on
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3 years ago
1. A computer game that can be purchased online and played right away has good ___ utility. A) form. B) info. C) value. D) time
gizmo_the_mogwai [7]
1.) Out of the choices given here, a computer game that can be purchased online and played right away has good time utility. The other choices didn't seem to be a good fit for this particular question. The correct answer is D. 

2.) Hours of labor or the number of workers are common ways of measuring a company's division of labor. The correct answer is A, division of labor. 
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