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Arlecino [84]
2 years ago
13

On January 1, 2021, Blake Corporation issued 1,000 of its 9%, $1,000 callable bonds for $1,060,000. The bonds are dated January

1, 2021, and mature on December 31, 2035. Interest is payable semiannually on January 1 and July 1. The bonds can be called by the issuer at 102 on any interest payment date after December 31, 2025. The unamortized bond premium was $16,000 at December 31, 2028, and the market price of the bonds was 99 on this date. In its December 31, 2028, balance sheet, at what amount should Blake report the carrying value of the bonds?
Business
1 answer:
Paul [167]2 years ago
8 0

Answer:

$1,076,000

Explanation:

 The computation of the carrying value of the bonds is shown below:

= Face value of the bond + unamortized bond premium

= $1,060,000 + $16,000

= $1,076,000

We simply added the face value of the bond and the unamortized bond premium so that the carrying value of the bond could come

All other information which is given is not relevant. hence, ignored it

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When Heinz introduced EZ Squirt packaging and new colors such as Blastin' Green and Awesome Orange to revitalize consumer buying
Umnica [9.8K]

When Heinz introduced EZ Squirt packaging and new colors such as Blastin' Green and Awesome Orange to revitalize consumer buying, the company was modifying the distribution.

Heinz has launched a color ketchup product for toddlers called EZ Squirt. The product was available in compressible containers and was eventually discontinued by him in 2006.

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6 0
9 months ago
Name two criminal justice careers that require a similar skill set and explain how this skill set aids in job performance
AlexFokin [52]
Detectives And Polices.
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3 years ago
A firm has sales of $68,400, costs of $42,900, interest paid of $2,100, and depreciation of $6,500. The tax rate is 34 percent.
tankabanditka [31]

Answer:

9.04

Explanation:

TIE ratio = profit excluding interest/interest

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Putting value in above equation;

TIE ratio = 68400-42900-6500/2100

TIE ratio = 9.04

7 0
3 years ago
A hotel chain values cleanliness and quality service. Company policy dictates that the hotels themselves be spotless with great
Furkat [3]
<h2>customer behavior and Hospitality is exhibited in the hotel</h2>

Explanation:

Hospitality:

  • Hospitality is the most important thing which any business has to follow and especially hotel industry.
  • It's taking care of guest, treating special and satisfying their needs on time.
  • It starts when the customer enters, continue till they stay and exits when they they exit.

Customer behavior:

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6 0
3 years ago
Identify two prices indices?
Pie

Answer:

Some notable price indices include:

Consumer price index.

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Export price index.

Import price index.

GDP deflator.....

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Read 2 more answers
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