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
nadya68 [22]
3 years ago
12

On January 1, Greene Inc. issued $5,000,000, 9% bonds for $4,685,000. The market rate of interest for these bonds is 10%. Intere

st is payable annually on December 31. Greene uses the effective-interest method of amortizing bond discount. At the end of the first year, Greene should report unamortized bond discount of:_____.
a. $274,500.b. $285,500.c. $258,050.d. $255,000.
Business
1 answer:
skad [1K]3 years ago
5 0

Answer:

b.$296,500.

Explanation:

Calculation to determine what Greene should report as unamortized bond discount

First step is to calculate the discount amount

Discount Amount= ($5,000,000 × .09) - ($4,685,000 × .10)

Discount Amount= $18,500

Now let determine the unamortized bond discount

Unamortized bond discount=$315,000 - $18,500 Unamortized bond discount= $296,500

Therefore Greene should report unamortized bond discount of $296,500

You might be interested in
A firm must choose among three alternative ways to compensate its salaried employees. It can pay them at the end of each week, a
Murrr4er [49]
I believe the answer is B
6 0
3 years ago
How to make a peanut butter and jelly sandwich essay?
katrin2010 [14]
To start you need your hands. Go to the kitchen, walk over to the sink and turn on the water. Get your hands wet put some soap in them and rub them together. Now that your hands are rubbed clean, stick them under the running water and rinse them off. Turn off the water and dry your hands with a paper towel or a kitchen towel. Now that your hands are clean, prepare to make a peanut butter and jelly sandwich.
Now that you are already in the kitchen get out a plate or napkin, if you choose a plate choose a paper plate less dishes to do. Then you need to get the loaf of bread, open it up and take out your two slices of bread. Now that you have your two slices out, you can put back the rest of the loaf. Take your two slices and set them on the plate next to each other not on top of each other.
Now you need to find a knife. It has to be the right knife no steak knife for this job. You need a good old-fashioned butter knife that will be the utensil you need. I hope that you know where the knives are in your house, in a drawer with all the other silverware. Now that you found the butter knife, take it out and set it on the counter next to your plate.
After the knife, you need one of the most important items, the jelly. So now you need to go to the refrigerator and find which flavor you would like to use. Even though you might only have one or two choices (I mean it is your fridge not a grocery store). Grab your selection and bring it to the counter where your other items are. Now you open the jelly up then pick up the knife. Scoop some out onto one of the slices of bread, put down the jar and pick up the slice of bread with the jelly on it. Now spread the jelly
4 0
3 years ago
Which of the following statements about the relationship between the financial market and the economy is true?
azamat

I believe the answer is b. However I'm not quite sure. I think b would be the most reasonable answer.

7 0
4 years ago
Read 2 more answers
Reginald owns a grocery and his clerks are on strike. Reginald is trying to operate the store with the help of his manager, but
Nata [24]

Answer:

merge law and equity

Explanation:

In resolving labour related or welfare issues the best way to do so will be to hear the grievances of the striking workers and try to find an equitable solution to the situation.

However if all reasonable avenues have been pursued and they still don't want to comply, then legal measures can be taken to make them work.

In this scenario Reginald should call the striking workers and try to come to an equitable solution for the business and workers where there will be a win-win.

If this does not work he can use the law to compel them to comply.

7 0
3 years ago
_________ typically involves researching a specific market to determine its size, trends and potential.
liberstina [14]

Answer:

correct fill up is marketing research

Explanation:

solution

marketing research is typically involves researching  because marketing research basic reason is for carrying out research to findout  change in  consumer behavior due to change in element of the marketing mix

like product , prize , size, tread and potential etc

and it involves 2 types of data

  1. Primary information
  2. Secondary information

Market research always provide relevant data to help you for solve marketing challenges

so here correct fillup is marketing research

5 0
3 years ago
Other questions:
  • Six months ago, you purchased 300 shares of stock in Global Trading at a price of $26.19 a share. The stock pays a quarterly div
    11·1 answer
  • _____ is the part of the total sales held by one seller. For example, a monopolist holds 100 percent of total sales.
    13·1 answer
  • Prepare a tabular summary to record the transactions for the month using a perpetual inventor system.
    14·1 answer
  • Why would OB scholars avoid general concept statements such as stating everyone wants an interesting​ job?
    13·1 answer
  • Edible Chemicals Corporation owns a $2 million whole life insurance policy on the life of its CEO, naming Edible Chemicals as be
    9·1 answer
  • On 1/1/27, Frankfort Company sold 100 components at $700 each. All sales were cash sales. Estimated total cost servicing the com
    12·1 answer
  • The steps in the budgeting process are
    9·1 answer
  • A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means:
    14·1 answer
  • what corporate diversification strategy is being pursued by disney? what evidence do you have that supports your position? how d
    5·1 answer
  • When J.K. Rowling exerts copyright ownership of her literary works, she creates a monopoly by restricting Group of answer choice
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!