1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babymother [125]
3 years ago
10

A firm issues $225 million in straight bonds at an original issue discount of 2.0% and a coupon rate of 6%. The firm pays fees o

f 4% on the face value of the bonds. The net amount of funds that the debt issue will provide for the firm is
Business
1 answer:
Greeley [361]3 years ago
8 0

Answer:

$211.5 million  

Explanation:

The computation of the net amount of funds that the debt issue is as follows

<u> Particulars                        Amount </u>

Face value of Bonds        $225,000,000.00

Less Discount (225m × 0.02) -$4,500,000.00

Less fees (225m × 0.04)       -$9,000,000.00

Net amount of funds           $211,500,000.00

Hence, the net amount of funds that the debt issue is $211.5 million

The same is to be considered

You might be interested in
Thế nào là toàn cầu hóa thị trường, toàn cầu hóa sản xuất?
cricket20 [7]

Answer:

Toàn cầu hóa tiếp thị là một thuật ngữ tổng hợp kết hợp việc xúc tiến và bán hàng hóa và dịch vụ trong một nền kinh tế toàn cầu ngày càng phụ thuộc lẫn nhau và hội nhập. Nó làm cho các công ty không quốc tịch, không tường thành, với Internet trở thành một công cụ tiếp thị và văn hóa không thể thiếu.

Toàn cầu hóa sản xuất là sự hợp nhất các hoạt động kinh tế của các đơn vị tư bản trên phạm vi thế giới. Sản phẩm cuối cùng có thể được lắp ráp từ nhiều đơn vị riêng lẻ, được sản xuất ở một số lượng lớn các quốc gia khác nhau và có thể được sản xuất linh hoạt để đáp ứng nhu cầu thay đổi và để lấp đầy các ngóc ngách thị trường cá nhân.

Explanation:

3 0
3 years ago
Read 2 more answers
Pronghorn Corporation began operations on January 1, 2020 when $236,000 was invested by shareholders of the company. On March 1,
Over [174]

Answer:

a. $7,100

b. -$6,400

c. -$13,500

d. -$13,500

Explanation:

The computation is shown below:-

a. Net income

Net income = Cash interest

= $7,100

b. Comprehensive Income = Net Income - unrealized holding loss

= $7,100 - $13,500

= -$6,400

c. Other Comprehensive Income = unrealized holding loss

= -$13,500

d. Accumulated other comprehensive income:

Ending Balance of other comprehensive income = Beginning Balance + During this year

= $0 + (-$13,500)

= -$13,500

3 0
3 years ago
Greg needed to earn some money to help pay for
son4ous [18]

It would depend on which Greg you are referring to.

<span>If it’s Greg from Cabin Fever, he needed more money to buy gifts.</span>

If it Greg from the Diary of a Wimpy Kid, he needed more money to buy food, more specifically cookies.

5 0
4 years ago
Crane Co. uses the gross method to record sales made on credit. On June 1, 2017, it made sales of $52,200 with terms 3/15, n/45.
Artist 52 [7]

Answer:

Explanation:

Crane Co

June 1. Credit: Sales $52,200

Debit: Acc receivable $52,200

Being sales on account

June 12 Debit: Bank. $ 50,634

Debit: Discount Allowed $1,566

Credit: Acc receivable. $52,200

Being payment received on sales

8 0
3 years ago
Read 2 more answers
Businesses can legally employ only those workers who a. Were born in the United States b. Have immigrated to the United States b
MariettaO [177]

Only workers who can demonstrate documentation of eligibility to work in the United States (US) are allowed to work<u> legally </u>in the United States, option (C) is the correct answer.

<h3>Who can be legally employed?</h3>

A country should not employ (and it is unlawful to do so / informal company) someone who is not legally permitted to work in the United States (US), an illegal immigrant is an example).

However, if you have a Visa, <u><em>you can </em></u>work in the United States without being a US citizen.

In either situation, the only stipulation is that the company wants you and that you are willing to accept the <u>compensation</u> they are providing.

For more information about legal employment, refer below

brainly.com/question/19586370?referrer=searchResults

4 0
3 years ago
Other questions:
  • The ending inventory has 83,000 units, which are 100 percent complete for Department R costs. Required: a. Assume that Saline So
    5·1 answer
  • Which forces are part of the macro-environment?
    7·2 answers
  • Cyclical unemployment is the fluctuating unemployment over the business cycle that increases during​ _____ and decreases during​
    13·2 answers
  • The direct order plan of organizing information will be the most effective when you are writing
    10·1 answer
  • Chris and Karen are married and own a three- bedroom home in a large Midwestern city. Their son, Christian, attends college away
    5·1 answer
  • A month-end bank statement shows a balance of $52,000, outstanding checks of $8,000, an intransit deposit of $3,500, and a deduc
    14·1 answer
  • Adams, Inc., is a book publisher that reissues old titles. The company offers these books with either a standard machine-glued h
    7·1 answer
  • How many elective courses do you have to take to get a bachelors degree
    8·1 answer
  • Qué aspectos consideras relevantes dentro de una mega tendencia?<br><br> Ayuda porfavorr
    8·1 answer
  • Which term best completes the diagram?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!