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marin [14]
3 years ago
5

On January 1 of this year, Ikuta Company issued a bond with a face value of $100,000 and a coupon rate of 5 percent. The bond ma

tures in three years and pays interest every December 31. When the bond was issued, the annual market rate of interest was 6 percent. Ikuta uses the effective-interest amortization method. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answers to whole dollars.)
Required:
1. Complete a bond amortization schedule for all three years of the bond's life.
2. What amounts will be reported on the income statement and balance sheet at the end of Year 1 and Year 2?
Business
1 answer:
LuckyWell [14K]3 years ago
7 0

Answer:

Sry iddk the answer sryyyyyy

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Management approval of sanlam​
Lesechka [4]

Answer:

Hello!

What is nedded here?

8 0
2 years ago
The original scope of a project has cost assumptions to ensure project success. Provide a specific example from your experience
Genrish500 [490]

Answer:

No, If i were the sponser I'd not approve to change the scope.

Refer below for brief explanation.

Explanation:

Very few projects are completed on a scope that is decided at the first time.

When i was working in Software house and was in the team of web development, I was responsible for the front end development. Unfortunately my client was the person whose scope changes every month and the result that lapse the time, requirements change, cost changes.

6 0
2 years ago
Roberts, which began business at the start of the current year, had the following data:Planned and actual production: 40,000 uni
UkoKoshka [18]

Answer:

Gross margin = $166,500

so correct option is C. $166,500

Explanation:

given data

Planned and actual production = 40,000 units

Sales = 37,000 units @ $15 per unit

Production costs

Variable = $4 per unit

Fixed = $260,000

Selling and administrative costs

Variable = $1 per unit

Fixed = $32,000

to find out

gross margin that the company would disclose on an absorption costing income statement

solution

we get here sale that is

Sales = 37000 ×  $15

sales = $555,000

and

cost of good sold is

cost of good sold is = variable cost per unit + fixed cost per unit

cost of good sold is = 4  + \frac{260000}{40000}

cost of good sold is = 10.5

so total cost of god sold = 37000 × $10.5

total cost of god sold = $388500

so Gross margin is here

Gross margin =  $555,000 - $388500  

Gross margin = $166,500

7 0
2 years ago
Which of the following is an example of the barter system?
nlexa [21]

Answer:

B. Taking a friend to lunch in return of a favor

Explanation:

Barter System is  direct commodity/ service to commodity/service exchange  , without using money as an intermediary exchange medium . It is also called C to C exchange .

Eg : Two farmers exchanging their wheat & rice , A teacher teaching grocers' child in exchange of groceries from him .

So : A. Simple Investment , C. Money Purchase , D. Money Denomination exchange - neither are examples of Barter System .

B . Paying off a friend's favour in exchange of a service (being service-service exchange) is a relatable  example.

4 0
3 years ago
Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are
Katyanochek1 [597]
<span>Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are </span><span>complements in production; by-products. C</span>eteris Paribus<span> is a Latin phrase meaning "all other things remaining equal".  It is commonly used in economics.  </span>
6 0
2 years ago
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