Answer:
The bond's issue(selling) price is $1,085,308.00
Explanation:
The price of the bond is the present values of the future cash flows discounted to present values.Instead of discounting the coupons an annuity factor was used instead but the par value receivable at maturity was discounted using the discounting factor in the question.
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Answer:
An additional remark at the end of a letter, after the signature and introduced by “P.S.”.
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Answer:
$3,500 and deferred tax liability
Explanation:
The computation of the deferred tax is shown below:
= Service performed × tax rate
where,
Service performed is $10,000
And, the tax rate is 35%
Now placing the values
The amount of deferred tax is
= $10,000 × 35%
= $3,500
This amount reflect the deferred tax liability
We simply multiplied the service performed amount with the tax rate so that the deferred tax could come
Canceling a contract for a technicality when market prices are falling is considered a perfectly acceptable and ethical practice. An escalator clause provides for an increase, as well as a decrease, in price if costs change.
The market price rate is the modern-day fee at which an asset or provider can be sold or offered. The marketplace rate of an asset or provider is decided with the aid of the forces of delivery and demand. The fee at which the quantity provided equals the amount demanded is the marketplace charge.
A market charge is a charge triumphing on a specific day or a particular time. it is the end result of marketplace call for and delivery. regular charge, then again, is the end result of a lengthy length call for and lengthy length delivery. marketplace expenses are based upon the interplay of call for and delivery. An equilibrium price is a balance of demand and supply factors.
To take a marketplace charge instance, allow's count on an inventory has bid prices as much as $24.99 and ask prices at $25.01 and above. whilst an investor places a marketplace order to shop for it's going to execute at $25.01. This becomes the marketplace charge and bids will want to transport up to complete the following exchange.
Learn more about market prices here: brainly.com/question/1490249
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Answer:
See below
Explanation:
The journal entry for the issuance of the note proceed is shown below;
Cash A/c Dr $455,000
----------- To Notes payable A/c Cr $455,000
(Being the issuance as well as proceeds of the note that is recorded)
Cash account is debited because it is increasing and any increase in asset is debited. Also, the note will become payable which leads to increase in liability and an increase in liability is credited hence why note payable is credited.
• Note that other things like interest rate, duration are not considered because we were asked to pass the journal entry for the issues of notes not for any interest expense, reason why it was ignored.