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3 years ago

When bonds are issued at a premium, the total interest cost of the bonds over the life of the bonds is equal to the amount of

Business

1 answer:

borishaifa [10]3 years ago

8 0

Answer:

c. interest paid over the life of the bond minus the amount of premium at sale

point.

Explanation:

when bonds are issued at premium the total interest cost of the bonds over the life of the bonds is equal to the amount of interest paid over the life of the bond minus the amount of premium at sale point.

From below journal entry you can see that, When interest payment is made cash is credited full amount but interest is debited after deducting amortised premium.

Journal entry if bonds are issued at premium

cash xx

Bonds Payable xx

Premium on bonds payable

Interest Expense xx

Preminum on bonds payable xx

cash xx

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Men's Wearhouse caters to the man who doesn't necessarily enjoy shopping. Its stores are in free-standing locations (not inside

SSSSS [86.1K]

Answer:

competitive advantage

Explanation:

A competitive advantage is what makes an entity's goods or services superior to all of a customer's other choices. The strategies work for any organization, country, or individual in a competitive environment

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4 years ago

Akono is an associate with Wealth Management Partners in Texas. Among various other work commitments, Akono has to compile the a

yawa3891 [41]

Answer:

The correct word for the blank space is: instrumental.

Explanation:

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3 years ago

Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the f

luda_lava [24]

Answer:

Equivalent units for conversion costs are 6,925 units

Explanation:

Note : I have attached the full question as an image below

Equivalent units are physical units expressed as a percentage of total work completed on them

Equivalent units for conversion costs

Units Completed and Transferred (6,100 × 100%) 6,100

Units in Closing Work in Process (1,100 × 75%) 825

Equivalent units for conversion costs 6,925

Equivalent units for material costs

Units Completed and Transferred (6,100 × 100%) 6,100

Units in Closing Work in Process (1,100 × 85%) 935

Equivalent units for material costs 7,035

4 0

3 years ago

Suppose that Bob leaves a job that pays $50,000 per year in order to open a new sponge business. His insurance cost is $5,000, h

MrRa [10]

Answer:

Economic profit is $0

Explanation:

Economic profit is sales revenue minus both explicit and implicit costs.

Explicit costs are the costs that involve actual cash movements,whereas the implicit costs are the costs or benefits forgone,for the benefits Bob had to forgo in order to run his own business such the salaries that could he could earn if he takes up an employment rather than self-employment.

Sales revenue $90,000

less explicit costs:

Insurance ($5,000)

Material costs ($25,000)

Lease payments ($10,000)

implicit cost:

Salaries forgone ($50,000)

Economic profit $0

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4 years ago

Excess return portfolio performance measures

Crank

Answer:

The answer would be E

Explanation:

Excess return, also known as alpha, is a measure of how much a fund has under or outperformed the benchmark against which it is compared.

metric allows investors to compare sets of funds against each other, in order to see which fund has generated greater excess returns.

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4 years ago