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
Leya [2.2K]
3 years ago
9

Farmer Company issues $25,000,000 of 10-year, 9% bonds on March 1, 2017 at 97 plus accrued interest. The bonds are dated January

1, 2017, and pay interest on June 30 and December 31. What is the total cash received on March 1, 2017?
Business
1 answer:
mylen [45]3 years ago
6 0

Answer:

$24,625,000

Explanation:

On the issue date the company will receive cash equal to:

  • the face value of the bond times 97% = $25,000,000 x 97% = $24,250,000
  • plus accrued interest on the bonds = $25,000,000 x 9% x 2/12 = $375,000

total cash received on March 1, 2017 = $24,250,000 + $375,000 = $24,625,000

You might be interested in
When TOMS first introduced their shoes, they created a shoe that was extremely simple and cheap to produce. But the firm made a
kati45 [8]

Answer:C. social economic

Explanation:Social economic phylosophy is the kind of phylosophy,that deals or considers the society in making Economic decisions.

Some companies apply this kind of phylosophy as a management Objective to help to better the life of its consumers as it aims to make profits.

The action of TOMS are social economic Business phylosophy,it made cheap shoes and gave free shoe for every purchase,this will reduce the cost of purchasing shoes and make it affordable evn as the company makes profit.

5 0
3 years ago
Read 2 more answers
What will having the right skills do for you?​
Alexxx [7]

Answer:

having the right skills will increase your knowledge and it will help you increase your chances of making your business and be the boss not the worker and you could help inspire people when you do have a business with your skills

Explanation:

4 0
2 years ago
Pilfer Company acquired 90 percent ownership of Scrooge Corporation in 20X7, at underlying book value. On that date, the fair va
Maru [420]

Answer:

C) $100,000

Explanation:

Based on the information given we were told

that the inventory Purchased by Pilfer from

Scrooge was RESOLD to companies that they are unaffiliated to on December 1, 20X8 for the amount of $100,000 which means that the amount of sales that will be reported in the 20X8 CONSOLIDATED INCOME STATEMENT

will be inventory amount of $100,000 that was resold to the unaffiliated companies.

8 0
2 years ago
State of Economy Probability of State of Economy Rate of Return if State Occurs Recession .32 − .11 Boom .68 .23 Calculate the e
butalik [34]

Answer:

1) Expected return is 12.12%

2) Portfolio beta is 1.2932

Explanation:

1)

The expected return can be calculated by multiplying the return in a particular state of economy by the probability of that state occuring.

The expected return = (0.32 * -0.11) + 0.68 * 0.23

Expected return = 0.1212 or 12.12%

b)

The portfolio beta is the the systematic riskiness of the portfolio that is unavoidable. The portfolio beta is the weighted average of the individual stock betas that form up the portfolio.

Thus the portfolio beta will be,

Portfolio beta = 0.33 * 1.02 + 0.2 * 1.08 + 0.37 * 1.48 + 0.1 * 1.93

Portfolio beta = 1.2932

4 0
4 years ago
Read 2 more answers
What are two examples of high-tech industries?
-BARSIC- [3]

Answer:

Idk if this is the right answer but I Google it and I got virtual reality/artificial intelligence and autonomous vehicles

4 0
3 years ago
Other questions:
  • When defining its market segments, the xyz company identifies groups based on characteristics such as age, gender, income, and e
    9·1 answer
  • Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 1,600 hours and sigma ​= 80 hou
    14·1 answer
  • A national polling organization wishes to estimate the percentage of all teenagers who believe social security will 'be there' f
    13·1 answer
  • Delsing Canning Company is considering an expansion of its facilities. Its current income statement is as follows:
    14·1 answer
  • The entry to close the Income Summary account may include Multiple Choice a debit to Income Summary and a credit to the owner's
    8·1 answer
  • Suave's new shampoo, HI7, is faltering badly in the market. Suave's marketing personnel are unsure who is responsible for variou
    13·1 answer
  • The difference between a merger and an acquisition is: Select one: a. That a merger involves one company purchasing the assets o
    6·2 answers
  • A(n) _____ is a firm that delivers a software application, or access to an application, by charging a usage or subscription fee.
    11·1 answer
  • After Sandra finishes making her list, she does a bit of research to learn about the different technologies available. She
    11·1 answer
  • A professional sports team that earns more annual revenue than a small-market team is a _____________, fill in the blank,.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!