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3 years ago

Good listeners concentrate on

1 answer:

6 0

Answer: Their assignment and important instructions

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On January 1, Martinez Inc. issued $3,000,000, 11% bonds for $3,195,000. The market rate of interest for these bonds is 10%. Int

krok68 [10]

Answer:

correct option is b. $184,500

Explanation:

given data

issued amount = $3,000,000

rate = 11%

bonds for = $3,195,000

market rate of interest = 10 %

solution

firs we get here Cash paid that is

Cash paid = $3,000,000 × 11%

Cash paid = $330,000

and

Interest expense will be

Interest expense = $3,195,000 × 10%

Interest expense = $319,500

so premium amortization is

premium amortization = $330,000 - $319,500

premium amortization = $11,500

and premium over the 3 million = 195,000

New premium will be as

New premium = $195,000 - $11,500

New premium = $184,500

so correct option is b. $184,500

3 0

3 years ago

Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tick

labwork [276]

Answer:

Explanation:

Job 11-101=$3,880

Job 11-102= $2,630

Job 11-103= $2,080

Job 11-104= $3,190

Job 11-105= $2,080

Total 13,860

Direct labor rate = $18

Predetermined overhead rate = $22

Direct labor hour = 13,860/18 = 770 hours

Applied factory overhead rate = 770 *22 = $16,940

Factory labor cost

Dr Cr

Work in progress 13,860

Factory Overhead 18,000

Wages payable 31,860

Factory Overhead

Work in progress 16,940

Factory overhead 16,940

7 0

3 years ago

Student Emergency Financial Services, Inc., which makes small loans to college students, offers to lend $550. The borrower is re

Step2247 [10]

Answer:

Interest per week=17.4%

Explanation:

Using equation

F=P(1+i)^n

where n is the time period,P is the present value and F is the future value

Given F=550,P=42 and n=16 solving equation we will get

i=17.4%

7 0

3 years ago

which of the following describes an important difference between general partnership and limited partnerships

dexar [7]

The main difference between a general partnership and a limited partnership is that "A general partnership has unlimited liability for all partners while a limited partnership has limited liability." In addition, the liability of the personal assets in a general partnership is its obligation.

8 0

3 years ago

Read 2 more answers

Universal Concerts wants to bring a series of country music concerts to Canada next year. In general, Western Canadians prefer c

SashulF [63]

Answer:

The correct answer is letter "A": geographic characteristics.

Explanation:

Market segmentation refers to the classification companies make of their consumers based on different features such as age, gender, or income for instance so that firms can decide in which of those sectors they are likely to have more success based on the know-how and resources it counts on. As well, companies consider the sector that provides more opportunities so the likelihood of generating more revenue increases.

Therefore, Universal Concerts must focus on geographic characteristics at the moment of choosing what type of concerts they will handle if there is a need to set one type of them only.

7 0

3 years ago

Good listeners concentrate on ​

Good listeners concentrate on