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Oliga [24]
2 years ago
13

On January 1, Boston Enterprises issues bonds that have a $2,100,000 par value, mature in 20 years, and pay 7% interest semiannu

ally on June 30 and December 31. The bonds are sold at par. 1. How much interest will Boston pay (in cash) to the bondholders every six months
Business
1 answer:
yulyashka [42]2 years ago
7 0

Answer:

$73,500

Explanation:

Calculation to determine How much interest will Boston pay (in cash) to the bondholders every six months

Semiannual cash interest

payment =$2,100,000 × 7% × 1/2

Semiannual cash interest

payment = $73,500

Therefore How much interest will Boston pay (in cash) to the bondholders every six months is $73,500

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Coffee Corporation has 2,000 shares of common stock outstanding. John owns 700 of the shares, John’s grandfather owns 100 shares
nekit [7.7K]

Answer:

1,000 shares

Explanation:

The 318 attribution rule states that stock owned directly or indirectly by a partnership is considered to be owned by any partner that owns 5% or more in the business.

This is relevant to family owned businesses and is a way to mark out principal owners of a business in order to avoid tax evasion and fraud.

In this scenario John directly owns 700 of the outstanding shares. But according to the 318 attribution rule, since he he is a 50% partner he owns half of the outstanding 2,000 shares. That is 1,000 shares.

7 0
3 years ago
If price increases from $45 to $55, the market quantity supplied increases from 20 units per week to 30 units per week. The pric
hichkok12 [17]

Answer:

The answer is 2.25

Explanation:

Price Elasticity of Supply (PES)= percentage change in Quantity demanded/ percentage change in price

PES= (30-20)/20 *100) /( 55-45)/45*100) = 50%/22.22% = 2.25

4 0
2 years ago
A Company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Sec
gogolik [260]

Answer: $65

Explanation: Under the FIFO method, that is, first in first out method inventory is recorded on the assumption that the goods that were purchased first will also be sold first and the remaining inventory will have the latest purchased units.

So, in the given question the two units sold would be costing $80 and $95

Hence,

Gross profit = $240 - ($80 + $95)

                    = $65

3 0
2 years ago
A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 76 pounds of Kona coffee beans a
Slav-nsk [51]

Answer:

Explanation:

Base on the scenario been described in the question, we use the following method to solve the question

d = 75 lbs/day 200 days per year

D= 15,000 lb/year H= $3/lb/year S= $16/order

6 0
3 years ago
Suppose there are 6 firms in an industry with the following market shares. if the two smallest firms want to merge, how will the
Semenov [28]

The firms will not be allowed to merge if the two smallest firms want to merge. Thus, option D is correct.

<h3>What is a merger?</h3>

Anytime two businesses combine to create a new business, it is called a merger. Businesses merge in order to enhance their sales volume, diversified their product portfolio, decreased risk and rivalry, and maximize profits.

If the firm wants the people to merge the two companies then that means that there will be some issues that being there in the merger as they will imply that the corporate will have to take permission. Therefore, option D is the correct option.

Learn more about mergers, here:

brainly.com/question/1086715

#SPJ4

The question is incomplete, the complete question will be:

Firm 1: 30 Firm 2: 25 Firm 3: 25 Firm 4: 10 Firm 5:7 Firm 6:3

The firms will be challenged because the merger will raise the HHI by more than 50 points.

The firms will be allowed to merge and compete with the larger firms.

The firms will be challenged because the merger will raise the HHI by more than 100 points.

The firms will not be allowed to merge

The firms will be challenged because the merger will raise the HHI by more than 250 points.

3 0
1 year ago
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