Criminal law defines crimes, establishes punishments, and includes payment for personal injury.

On January 1, a company issues bonds dated January 1 with a par value of $400,000. The bonds mature in 5 years. The contract rat

Ivahew [28]

Answer:

Debit interest expense - - - - $15,351.72

Credit cash - - - - - - - $14,000

Discount payable on bond - - - - - $1,351.72

Explanation:

Parker value =$400,000

contract rate = 7% = 0.07

Market rate = 8%

Discounted bond = $383,793

First interest payment using straight lime amortization;

Debit interest expense :

8% of $383,793

0.08 × $383,793 = $30,703.44

$30,703.44 ÷ 2 = $15,351.72(semi annually)

Credit cash;

7% of $400,000

0.07 × $400,000 = $28,000

$28,000÷2 = $14,000(semi annually)

Discount on bond payable ;

Debit interest expense - Credit cash

$15,351.72 - $14,000 =$1,351.72= Discount amortization

4 0

3 years ago

Do you think business ethics is possible? Sen and Vaidya claim that business ethics are not only possible but a necessary elemen

motikmotik

Business ethics is possible and it can be fully practiced by a person who is hard core successful businessman.

Explanation:

Ethics is a philosophical science of understanding human behavior from all the aspects and differentiating between right and wrong.
Business or corporate ethics deals with ethical and moral challenges faced in a business environment. It can be also defined as a set of principles or values decided by the organization's culture.
Functioning is an important element in any of the business undertaken. And the functioning of these corporate ethics in a way which are personal, professional and corporate helps one to achieve success in business.
It is mandatory to follow business ethics as they have a potential impact on the organization.
Following business ethics helps one to achieve their goal in a defined and polished manner

4 0

3 years ago

12. You invest $100 in a risky asset with an expected rate of return of 0.12 and a standard deviation of 0.15 and a T-bill with

Semenov [28]

Answer:

C. Borrowing $43 at the risk-free rate and investing the total amount ($143) in the risky asset.

Explanation:

Outcome Return For $100 = (115 - 100)/100 = 15%;

0.15 = w1(0.12) + (1 - w1)(0.05)

0.15 = 0.12w1 + 0.05 - 0.05w1

0.10 = 0.07w1

w1 = 1.43($100)

w1 = $143;

(1 - w1)$100 = $100 - $143

(1 - w1)$100 = -$43

7 0

3 years ago

Assume that in the year 2010, the US Nominal GDP was $15 trillion, while the GDP deflator was 200. Calculate the US Real GDP for

oksian1 [2.3K]

Assume that in the year 2010, the US Nominal GDP was $15 trillion, while the GDP deflator was 200. US Real GDP for 2010 is 7.5%.

Using this formula

GDP=Nominal GDP/GDP deflator×100

Where:

Nominal GDP=$15 trillion

GDP deflator=200

Let plug in the formula

GDP=$15 trillion/200×100

GDP=7.5%

Therefore US Real GDP for 2010 is 7.5%.

Learn more about Real GDP here:brainly.com/question/6348208

3 0

2 years ago

Write a detailed note on Manufacturing Process types and Service process types in process design?

sashaice [31]

Answer:

Each of the process are used to the crosses organizational borders.

Explanation:

Process structure of manufacturing:

Job process: It is highly adaptable, scaled operation and structured around particular events.
Batch process: It most common used in industries. It is small to large batches.
Line process: It is the repetitive process and have modular production with large quantity.
Continuous flow chart: It is product focused process. It processed only one item at a time.

Process design: There are three major process of design

Professional service design
Mass service design
Service shop design

5 0

3 years ago