The Cinci Company issues $100,000, 10% bonds at 103 on October 1, 2020. The bonds are
1 answer:
According to the given values in the question:
The Amortization period is:
=
=
Number of months of Amortization is:
=
=
=
Now,
On bonds payable, the premium will be:
=
=
=
= ($)
The Unamortized premium will be:
=
=
=
= ($)
hence,
The carrying value as of December 31, 2024 will be:
=
= ($)
Learn more about the bond carrying value here:
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A bicyclist travels at a constant speed of 12 miles per hour for a total of 45 minutes.
We know the formula , Distance = speed * time
Speed is constant and it is 12. So it is linear
The function becomes d = 12t, x is the t is the time and d is the distance
At the starting point, t=0 and distance d=0
End point , t=45 min = 0.75 hours and distance = 12 * 0.75 = 9
So domain (t) is {}
Range (d) is {}