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
Burka [1]
3 years ago
12

Ridge Company issues $10,000,000 10-year, 9% bonds on 3/1/17 at 97 plus accrued interest. The bonds are dated January 1, 2010, a

nd pay interest on June 30 and December 31; original issue date was 1/1/17. What is the total cash received on 3/1/17
Business
1 answer:
lilavasa [31]3 years ago
8 0

Answer:

$9,850,000

Explanation:

Calculation for What is the total cash received on 3/1/17

Total cash received on 3/1/17=$10,000,000 × .97) + ([9%*$10,000,000) × 2/12]

Total cash received on 3/1/17=$10,000,000 × .97) + ($900,000 × 2/12)

Total cash received on 3/1/17=$9,700,000+$150,000

Total cash received on 3/1/17 = $9,850,000

Therefore the total cash received on 3/1/17 is $9,850,000

You might be interested in
Cooley Landscaping Company needs to borrow ​$21 comma 000for a new​ front-end dirt loader. The bank is willing to loan the funds
kaheart [24]

Answer:

$ 4242.76

Explanation:

Annual payment = rP / (1 - ( 1 + r)^-n)

r = rate = 9.5%

P = the amount borrowed = $ 21000

n = number of years

Annual payment = 0.095 ($ 21 000) / ( 1 - (1 + 0.095)⁻⁷ ) =  $ 4242.76

8 0
3 years ago
On StatSim, how does a firm get their market share to increase?
monitta

Answer:

I need some points please

6 0
3 years ago
Assume that the company that John and Tina work for wants to give the $50 million to the political campaigns. Which of the follo
sdas [7]

Answer:

The correct answer is (d)

Explanation:

The first amendment has given political parties the right to speak and do political campaigns, and it had restricted government to stop them. Overall, the first amendment right is protecting political speeches and political campaigns. So, yes the first amendment right has demoted all the limits which restricted political parties to get funds from corporations.

4 0
2 years ago
In its​ year-end income​ statement, Black Knights Company reported cost of goods sold of​ $450,000. Changes occurred in several
torisob [31]

Answer:

The answer is $330,000

Explanation:

Cash paid to suppliers is the total amount of cash paid to its creditors.

We can find that through:

Cost of sold

Minus: Decrease in inventory

Plus: Decrease in accounts payable

=Cash paid to suppliers.

Now let's start:

Cost of sold - $450,000

Decrease in inventory - $160,000

Decrease in accounts payable- $40,000

$450,000 - $160,000 + $40,000

=$330,000

Therefore, Cash paid to suppliers is $330,000

5 0
2 years ago
In Russia, the economy has gone from Stalin's ________-________ Plans, directed by the central committee, or ________ , to Mikha
kondor19780726 [428]

Answer:

Explanation:

In Russia, the economy has gone from Stalin's five year Plans,  directed by the Central Committee, or Gosplan, to Mikhail Gorbachev's Perestroika,   in the 1980s. This led to increased ownership of property, which continued until Putin, Boris Yeltsin's successor, took power

6 0
2 years ago
Read 2 more answers
Other questions:
  • Shanti recently went to a communication workshop to help improve her workplace performance. She learned that in effective commun
    9·1 answer
  • Janice works as a consultant for a tech company. In the past, the company has relied heavily on its toll-free line to sell new p
    6·2 answers
  • Which of the following statements is correct?
    9·1 answer
  • Channel richness is, in part, determined by the ability to facilitate rapid, two-way feedback.
    7·1 answer
  • The life span of a record that follows a set of phases from creation to final disposition is called the ___________.
    7·1 answer
  • Identify which of the following statements are true for the corporate form of organization. 1. Ownership rights cannot be easily
    13·2 answers
  • Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA), a pr
    9·1 answer
  • Has Toyota done the right thing by manufacturing a car brand for everyone? Why or why not?
    7·1 answer
  • On October 1, Eder Fabrication borrowed $84 million and issued a nine-month, 15% promissory note. Interest was payable at maturi
    11·1 answer
  • What is the key role of a destination marketing organization (DMO)<br>PLEASE HELP!
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!