Cincinnati museum center is a center home for Cincinnati history museum and the museum of natural history and science. its located in Cincinnati, Ohio united states. The museum was opened in 1990 at the Cincinnati museum center at the union terminal. However,the lack of financial objective makes it difficult for the Cincinnati museum center to prioritize its objectives and evaluate its performance.
Answer:
Effective interest recognized on June 30, 20X1, will be equal to $3,354
Explanation:
Data provided from the question,
Amount of bond issued on January 2, 20X1 = $100,000 of 6% bonds
Interest = $3000
Payable semi-annually on June 30 and December 31
Number of years to mature = 5 years
The bond issued for $95,842 with an effective interest rate of 7%
Therefore, the Effective interest recognized on June 30, 20X1 =
bond issued × effective interest rate × semiannually(1/2)
= $95,842 x 0.07 x 0.5
= $3,354
Explanation:
to calculate the loss without Isr the company removed isr form its revenue and loss metrics for both presented years in calculating the adjusted ebitda
I think the better one is D.
