Answer:
a. debit to Interest Revenue for $2,500
Explanation:
Based on the information given we were told that Ban Company made a purchased of 50, 5% Waylan Company bonds for the amount of $50,500 which is a cash Interest that is payable annually which means that the annual interest payment would include a: DEBIT to Interest Revenue for $2,500 calculated as :
Interest Revenue=[(50 x $1,000)×5%]
Interest Revenue=$50,000×0.05
Interest Revenue =$2,500
The answer for ur question is
saving accounts usually offer higher interest rates
hope this helps
Answer:
$98 million
Explanation:
Kneeman markup company has a total debt obligation with a book value of $30 million
The market value is $28 million
The total equity has a book value of $20 million and a market value of $70
Therefore, the price that you should be willing today can be calculated as follows
Debt obligation market value+total equity market value
= $28 million + $70 million
= $98 million
Hence the amount that you should be willing to pay today is $98 million
To estimate and control project cost within the approved budget and to achieve the stated goals of the project.
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