The book value of the bond at the end of year 10 is 1,160
What is the basis for determining premium amortization?
The bond premium amortization is assumed to be determined using the straight-line basis such that bond premium amortized in each year is the same for 18 years of bond investment, in other words, the year 10 bond premium amortization of 20 is the same for all other years.
Total premium on bond issuance=20*18
total premium on bond issuance=360
bond price issued price=par value+ premium=1000+360=1360
As at the end of the 10th year, bond premium amortized thus far is 20 multiplied by 10 years
bond premium amortized=20*10=200
book value of the bond at the end of year 10=1360-200
book value of the bond at the end of year 10=1,160
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Answer:
Statement of stockholders' equity
at the end of the year (December 31)
<u>Common Stock</u> <u>Retained Earning</u> <u>Total</u>
Opening Balance $12,000 $7,100 $19,100
Income for the year $7400 $7400
Dividend Paid ($2,100) ($2,100)
Common stock issuance <u> $6,900 </u> <u> </u> <u> $6900 </u>
End of the year Balance $18,900 $12,400 $31300
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The answer is C - Being in college gives more opportunities to be employed due to your specialties.
The TCPA restricts the making of telemarketing calls and uses automatic telephone dialing systems and artificial or prerecorded voice messages.
So that it will cope with a growing wide variety of telephone advertising calls, Congress enacted 1991 the phone consumer safety Act (TCPA). The TCPA restricts the making of telemarketing calls and the use of automated telephone dialing structures and synthetic or prerecorded voice messages.
The TCPA restricts telemarketing calls made to: Any residential phone subscriber before the hour of eight a.m. or after nine p.m. (known as party's neighborhood time) A residential phone quantity on the country-wide do-now not-name registry.
Normally speaking, the TCPA prohibits the usage of an ATDS or prerecorded message to touch cellular telephones, and prerecorded telemarketing messages to contact residential phones, except the recipient has provided and now not revoked “consent” to acquire the call/text.
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