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Firlakuza [10]
2 years ago
9

Kant Corporation retires its $500,000 face value bonds at 102 on January 1, following the payment of interest. The carrying valu

e of the bonds at the redemption date is $471,250. The entry to record the redemption will include a a. credit of $28,750 to Loss on Bond Redemption. b. credit of $28,750 to Discount on Bonds Payable. c. debit of $38,750 to Gain on Bond Redemption. d. debit of $10,000 to Premium on Bonds Payable.
Business
1 answer:
irga5000 [103]2 years ago
6 0

Answer: B. credit of $28,750 to Discount on Bonds Payable

Explanation:

From the question, we are informed that the face value of the bond is $500,000 while the bond's carrying value is $471,250. The bonds were issued at a discount since the carrying value is less than the face value of the bond.

At the time that the bonds was retired, the unarmotized discount on bond payable will be:

= $500,000 - $471,250

= $28,750

Therefore, the entry to record the redemption will include a credit of $28,750 to Discount on Bonds Payable.

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a mature manufacturing firm. The company just paid a dividend of $8.65, but management expects to reduce the payout by 5 percent
-BARSIC- [3]

Answer:

$48.34%

Explanation:

Data provided in the question

Growth rate = 5%

Required return = 12%

Dividend = $8.65

Based on the above information,

The computation of the current price is shown below:-

Current Price = Dividend × (1 + Growth Rate) ÷ (Required Return - Growth Rate)

= $8.65 × (1 + (-5%)) ÷ (12% - (-5%))

= $48.34%

Therefore for computing the current price we simply applied the above formula.

4 0
3 years ago
If the price of product x rises, then the resulting decline in the amount purchased will:_____.
MissTica

If the price of product x rises, then the resulting decline in the amount purchased will<u> increase the marginal utility of this good.</u>

The difference in overall utility that results from consuming one extra unit of a good is known as marginal utility. Economists utilize the idea of marginal utility to estimate the quantity of a good that consumers will buy.

When the overall utility is increased by the consumption of an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit. Progressive taxation are frequently defended using the law of diminishing marginal utility.

Negative, zero, or positive marginal utility are all possible.

Hence, option B is the correct answer

To learn more about marginal utility here,

brainly.com/question/15561406

#SPJ4

4 0
2 years ago
Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they
defon

Answer:

C. rating scale test.

Explanation:

In a rating scale test, respondents are asked by researchers to rate either their products, services, or work on a scale, say one to ten. This type of test is used by researchers when they want respondents to place value on the features,products,service as contained in the questionnaire.

This type of test is also used to assess performance of employees, products,services etc inorder to achieve a particular goal.

Rating scale is also used to get more information about comparisons between two values hence an important survey method.

3 0
3 years ago
Im so bore.dddddddddddddddddddddddddddddddddddddddddddddd<br> Have some points plz
iogann1982 [59]

thanks, buddy... I appreciate it...:)

4 0
3 years ago
Read 2 more answers
Why is a bank a safe place to put money? The government holds banks accountable for lost funds. The Federal Deposit Insurance Co
Margaret [11]
It's the FDIC.  
I hope this helps.
8 0
3 years ago
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