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vladimir1956 [14]
3 years ago
14

Chang Industries has bonds outstanding with a par value of $210,400 and a carrying value of $218,600. If the company calls these

bonds at a price of $214,000, the gain or loss on retirement is:
Mathematics
1 answer:
kramer3 years ago
6 0

Answer:

The loss is $4600.

Step-by-step explanation:

The par value of the bonds = $210400

The carrying value of the bonds or the actual value of bonds = $218600

The company calls the bonds at the price = $214000

Now have to find the gain or loss from the given information. Thus, below is the calculation to find the gain or loss.  

Loss or gain on retirement = $214,000 - $218,600 = -$4,600

Thus the loss on retirement is $4600.

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The price of a train ticket has increased
Brilliant_brown [7]

Answer:

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Step-by-step explanation:

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Read 2 more answers
The length of time that it takes for a ferry to reach a summer resort from the mainland is approximately normally distributed wi
kaheart [24]

Answer:

A) 0.10565

B) 0.33846

C)

Step-by-step explanation:

The length of time that it takes for a ferry to reach a summer resort from the mainland is approximately normally distributed with a mean of 2 hours and a standard deviation of 12 minutes.

Note that, all units must be in minutes

We solve this question using z score formula

= z = (x-μ)/σ

where

x is the raw score

μ is the population mean = 2 hours

Converting to minutes

1 hour = 60 minutes

2 hour = x

Cross Multiply

x = 2 × 60 minutes

x = 120 minutes

Mean = 120 minutes

σ is the population standard deviation = 12 minutes

Over many past trips, what proportion (area) of times has the ferry reaches the island in

A) less than 1 hour, 45 minutes?

Converting 1 hour 45 minutes to minutes

60 minutes = 1 hour

Hence:

60 + 45 minutes = 105 minutes

For x < 105 minutes

= 105 - 120/12

= -1.25

Probability value from Z-Table:

P(x<105) = 0.10565

B) more than 2 hours, 5 minutes?

Converting 2 hours 5 minutes to minutes

Hence:

1 hour = 60 minutes

2 hour = x

Cross Multiply

x = 2 × 60 minutes

x = 120 minutes

Hence:

120 + 5 minutes = 125 minutes

For x < 125 minutes

z = 125 - 120/12

z = 0.41667

Probability value from Z-Table:

P(x<125) = 0.66154

P(x>125) = 1 - P(x<125) = 0.33846

C) between 1 hour, 50 minutes and 2 hours, 20 minutes?

Converting 1 hour, 50 minutes to minutes

= 60 minutes = 1 hour

Hence:

60 + 50 minutes = 110 minutes

For x = 110 minutes

= 110 - 120/12

= -0.83333

Probability value from Z-Table:

P(x = 110) = 0.20233

Converting 2 hours, 20 minutes to minutes

= 1 hour = 60 minutes

2 hour = x

Cross Multiply

x = 2 × 60 minutes

x = 120 minutes

Hence:

120 + 20 minutes = 140 minutes

For x = 140minutes

z = 140 - 120/12

= 1.66667

Probability value from Z-Table:

P(x = 140) = 0.95221

4 0
3 years ago
Rick O'Shea, the only employee of Hunter Furniture Company, makes $30,000 per year and is paid once a month. For the month of Ju
vazorg [7]

Answer:

  $1976.25

Step-by-step explanation:

Rick's monthly pay is $30,000/12 = $2500.

His total deductions are ...

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Rick's net pay is the difference ...

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3 years ago
Evan makes cards numbered 1-18 and places them in a bag. What is the probability that he will pull out an even number, replace t
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Answer:

1-8

Step-by-step explanation:

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3 years ago
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