Answer:
Cash Interest payable on Bond = $399,000*4.5% = $17,955
Discount to be amortized = ($399,000-$394,000)/20 = $250
Interest expense = $17,955+$250 = $18,205
Date Journal Entry Debit Credit
Interest Expense $18,205
Discount on bonds payable $250
Cash $17,955
Answer:
Out of all the career choices in the <em>Human Services</em> career cluster;
I’ll need to complete high school and get an <em>associate's degree (or bachelor's)</em>
Explanation:
The occupation of a preschool teacher is in the <em>Human Services career cluster</em>. This cluster includes children education, social and community occupations and counseling.
In order to be eligible for the preschool teacher job, Sonja needs to obtain an <em>associate's or bachelor degree</em> from an academic institution that prepares candidates well enough to become licensed preschool teachers.
Answer:
Publicity is part of a company's <u>promotion mix</u>.
Answer:
underpriced
Explanation:
Without mincing words, let us dive straight into the solution to the solution to the question. From the above problem, the following data or information are given:
=> market rate of return = 11 per cent, risk-free rate of return = 3 per cent, Lexant NV = 3 per cent less systematic risk than the market, actual return = 12 per cent.
The expected return = [ 11% - 3%] × 0.97 + 3% = 10.76%.
We are given the actual return to be 12% which is greater than the expected return which is 10.76%.
The equity is overpriced.
