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
blondinia [14]
3 years ago
6

On January 1, 2022, Blue Corporation issued $1,610,000 face value, 8%, 10- year bonds at $1,506,675. This price resulted in an e

ffective-interest rate of 9% on the bonds. Blue uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1.
Required:
Prepare the journal entry to record the issuance of the bonds on January 1, 2022.
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
8 0

Explanation:

The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature

You might be interested in
Tirri Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$ 7.05 Direct labor$ 4.20
Kazeer [188]

Answer:

Contribution margin per unit= $12.85

Explanation:

Giving the following information:

Direct materials$ 7.05

Direct labor$ 4.20

Variable manufacturing overhead$ 1.55

Sales commissions $ 1.15

Variable administrative expense$ 0.40

<u>To calculate the contribution margin, we need to use the following formula:</u>

Contribution margin per unit= selling price - total unitary variable cost

Contribution margin per unit= 27.2 - (7.05 + 4.2 + 1.55 + 1.15 + 0.4)

Contribution margin per unit= $12.85

8 0
3 years ago
Historically, the ________ risk an investor is willing to accept, the ________ the potential return for the investment.
iVinArrow [24]

Answer:

The correct option is (A)  more, greater

Explanation:

According to the risk return trade off, the risk is increased with the return that means if the returns are increased the risk is also increased and vice versa

So as per the given scenario, if there is more risk that investor wants to accept so the return should be more for the investment. This represents the direct relationship between the risk and return of the investment

hence, the correct option is (A)  more, greater

3 0
3 years ago
As part of his overall stock portfolio, jason bought a few shares of facebook. in this context, he would best be described as __
larisa86 [58]
<span>As part of his overall stock portfolio, Jason bought a few shares of Facebook. in this context, he would best be described as shareholder of facebook.</span>
5 0
4 years ago
Snyder Painting is transitioning to an ABC system. So far, the company has traced its costs back to several different activities
Andreyy89

Answer:

Snyder Painting

If Snyder wants to reduce its non-value-added activities to the greatest extent possible, it should concentrate its efforts on reducing the amount of time and money it spends on

B. paint storage.

Explanation:

a) Identified Activities of Snyder Painting:

A. customer consultation.

B. paint storage.

C. site preparation and cleanup.

D. onsite paint application.

b) Non-value added activities are activities that are currently necessary and consume resources but do not add value to the company's product or service.  For example, equipment set-up, parts inspection, recording job time, job scheduling, product storage, and customer billing. These activities should be reduced to the barest minimum in order to maximize value.

8 0
3 years ago
When Harriet went away for the summer, Landry, a house painter, painted her house. He had a contract to paint a neighbor’s hou
Goshia [24]

No, Because Harriet had no knowledge of the painting for her house, While there was an added benefit. There is no quasi-contract at all.

6 0
4 years ago
Other questions:
  • What factors affect the time value of money and the cost of borrowing money?
    6·1 answer
  • You have insurance premiums of $250 due quarterly. How much will you pay annually?
    15·1 answer
  • How do short-term goals differ from long-term goals?short-term goals involve less planning than long-term goals.short-term goals
    15·1 answer
  • Please elaborate what will happen to Net Earnings to Sales and Net Earnings to Total Book Assets when you observe these trends.
    14·1 answer
  • When the Japanese car maker Toyota expands one of its car factories in the United States, what is the likely impact of this even
    6·1 answer
  • If the Fed sells​ $2 million of bonds to the First National​ Bank, what happens to reserves and the monetary​ base?
    13·1 answer
  • The Allowance for Doubtful Accounts account has a year-end credit balance, prior to adjustment, of $600. The bad debts are estim
    15·2 answers
  • The LeMond Corporation just purchased a new production line. Assume that the firm planned to depreciate the equipment over 5 yea
    14·1 answer
  • Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States including​ Char
    9·1 answer
  • A user is working with the range titled "Emp_Info” as shown in the Excel file below.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!