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makkiz [27]
3 years ago
11

On January 1, 2021, Vaughn Manufacturing issued its 12% bonds in the face amount of $7990000, which mature on January 1, 2031. T

he bonds were issued for $8971878 to yield 10%, resulting in bond premium of $981878. Vaughn uses the effective-interest method of amortizing bond premium. Interest is payable annually on December 31. At December 31, 2021, Vaughn's adjusted unamortized bond premium should be (Round intermediate calculations to 0 decimal places, e.g. 9,020,890.)
Business
1 answer:
Anton [14]3 years ago
5 0

Answer:

$920,266

Explanation:

The adjusted unamortized bond premium is the initial bond premium  recorded on the issuance of the bond minus the amortized bond premium for the year ended 31 December 2021.

The initial bond premium is $981,878

At year end of the first year the amortized premium is the difference between the interest expense recognized and coupon  interest  paid in cash .

Interest expense=$8971878*10%=$897,187.80  

coupon interest= $7990000*12%=$958,800.00  

Amortized bond premium= $958,800.00-$897,187.80=$ 61,612.20  

Adjusted unamortized bond premium=$981,878-$61,612.20=$920,265.80  

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anzhelika [568]

Answer:

The total capacity of the market in core products less the Digby's Deft is 10860 thousand units.

Explanation:

In order to completely answer the question, the complete question is found online. This question was missing some table attachments which are attached with it.

From the table, it is first noted that the core products are listed which are as below:

  1. Axe
  2. Bolt
  3. Buzz
  4. Deft
  5. Dim

Now as mentioned in the question, deft is to be ignored so the remaining options are:

  1. Axe
  2. Bolt
  3. Buzz
  4. Dim

Now the capacities of these are included which are found from the table and are as follow:

Axe=2050

Bolt=1040

Buzz=1040

Dim=1300

So the total capacity of 1 shift is

Axe+Bolt+Buzz+Dim=2050+1040+1040+1300=5430 units

As there are two shifts running so the total capacity is 5430x2=10860

So the total capacity of market in core products less the Digby's Deft is 10860 thousand units.

3 0
3 years ago
The minimum monthly payment for Rebecca's credit card is 2% of her balance or $15, whichever is higher. If Rebecca's balance at
Leno4ka [110]
$15.00 .....this sentence is just filler because $15.00 is too short.
6 0
3 years ago
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In terms of SUPPLY, what factors have contributed to the fall in oil prices?
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Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.
3 0
3 years ago
What are the challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource man
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Answer:

Workforce diversity challenges, technological challenges, and economic challenges

Explanation:

The challenges (trends) Consolidation Tech Plus (CTP), Inc. Should be aware of in the environment of human resource management that require HR to play a more central role in​ this growing organization are :

Workforce diversity challenges includes Acceptance and Respect, Accommodation of Beliefs ,Ethnic and Cultural Differences,

Gender Equality among others

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3 0
3 years ago
Consider an economy described by the following equations:
Ede4ka [16]

Answer:

a. exchange rate = 1

b. exchange rate = 1.5

Explanation:

(a)  National Saving = Private saving + public saving

Private saving = Y - C - T

=> Private saving = 5000 - (250 + 0.75(Y – T)) - 1000

=> Private saving = 5000 - (250 + 0.75(5000 – 1000)) - 1000 = 750

Public saving = T - G = 1000 - 1000 = 0

National saving = 750 + 0

= 750

Investment = 1000 - 50r = 1000 - 50*5

= 750

Y = C + I + G + NX

Trade Balance = Y - C - G - I = 5000 - (250 + 0.75(5000 – 1000)) - 1000 - 750 = 0

Thus Trade Balance = 0

NX = 0 => NX = 500 – 500e = 0

=> e = 1

Thus exchange rate = 1

(b)

National Saving = Private saving + public saving

Private saving = Y - C - T

=> Private saving = 5000 - (250 + 0.75(Y – T)) - 1000

=> Private saving = 5000 - (250 + 0.75(5000 – 1000)) - 1000 = 750

Public saving = T - G = 1000 - 1250 = -250

National saving = 750 - 250

= 500

Investment = 1000 - 50r = 1000 - 50*5

= 750

Y = C + I + G + NX

Trade Balance = Y - C - G - I = 5000 - (250 + 0.75(5000 – 1000)) - 1250 - 750 = -250

Thus Trade Balance = -250

NX = -250 => NX = 500 – 500e = -250

=> e = 750/500 = 1.5

Thus exchange rate = 1.5

 

8 0
3 years ago
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