Answer:
See explanation for the answer.
Explanation:
1.
Balances of bonds payable, bond investment, interest income and interest expense are to be considered
Proceeds from for bonds (1400000*50%*0.95) 665000
Carrying value of bonds
Face value (1400000*50%) 700000
Unamortized premium (8/10*(1400000*50%*0.09)) 50400
Carrying value 750400
Gain on retirement of bonds 85400
2.
General journal Debit Credit
Bonds payable 700000
Premium on bonds payable 44100
Interest income 74375
Investment in bonds (665000+4375) 669375
Interest expense 63700
Gain on retirement 85400
Answer:
the ariplane should sell the tickets at $100
Explanation:
the socially optimal fare maximizes the sum of consumer and supplier surplus:
total surplus at $200 = ($200 - $30) x 10 = $1,700
total surplus at $100 = ($100 - $30) x 25 = $1,750
total surplus at $40 = ($40 - $30) x 40 = $400
Answer:
true
Explanation:
Retained earnings and the return on stocks should always have the same cost because they both represent the return on stockholders' equity. When a firm earns a profit, it can either distribute the money as dividends or hold it in retained earnings for investing in future or current projects. But retained earnings is basically equity.
Answer:
A) Outdoor advertising
Explanation:
Outdoor advertising are kind of advertisement that publisize the product of organization. It should be noted that Outdoor advertising refers to billboards along streets and highways, as well as posters in other public locations.
