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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

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The brothers who created The GFB early on began shopping the product to independent coffee shops and then expanded into grocery
andrezito [222]

Answer:

Marketing channels.

Explanation:

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The Gluten Free Bars (GFB) are the vegan bars created by Marshall and Elliot Rader (brothers). The brothers created the GFB in 2010, and heralded the gluten-free industry.

<u>To marketize their products, they used the element of marketing channels. They first reached to their possible customers by shopping their products to independent coffee shops, then to grocery and natural food stores. They used the channels of independent coffee shops, grocery and natural food stores to marketize their products and services to their possible customers.</u>

Thus the correct answer is that they used marketing channels aspect of marketing.

6 0
3 years ago
What is accounting ​
andre [41]

Answer:

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows. Accounting is the recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses. Accounting is also a field of study and profession dedicated to carrying out those tasks.

Explanation:

4 0
3 years ago
Round Barn stock has a required return of 11.00% and is expected to pay a dividend of $2.35 next year. Investors expect a growth
34kurt

Answer:

$47

Explanation:

Given that,

Required return = 11.00%

Expect a growth rate = 6.00%

Expected to pay a dividend next year = $2.35

Stock Price:

=  Dividends (Div)  ÷  (Expected Return (R)  -  Dividend Growth Rate (G))

= $2.35 ÷ (11% - 6%)

= $2.35 ÷ (5%)

=  $47

Therefore, the current fair price for the stock is $47.

7 0
4 years ago
What is unemployment insurance fund
MArishka [77]
Salutations!

What is unemployment insurance fund?

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Hope I helped :D
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4 years ago
Bp's expansion plans were reduced, and its ability to compete with other large multinational oil companies like____ became limit
forsale [732]

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The strong development bp has made over the last few years has reinforced its confidence in the shipping of its earnings and returns goals for 2025. further, it's far now aiming to keep growing EBITDA through to 2030.

It's critical to show BP's graduate recruiters that you percentage BP's five middle values: safety, respect, excellence, one crew, and braveness.

Learn more about Bp's expansion here: brainly.com/question/15043209

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6 0
2 years ago
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