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3 years ago

The sale of bonds above face value:_________

Business

1 answer:

Mnenie [13.5K]3 years ago

4 0

Answer: B. will cause the total cost of borrowing to be less than the bond interest paid

Explanation:

It should be noted that when a bond is sold above the face value, this will result into the total cost of borrowings to be less than the bond Interest that was paid.

The reason for the above is due to the fact that the borrower will not be required to repay the bond premium when the bond matures at its maturity date.

Therefore, the correct option is B.

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Macroeconomics, as opposed to microeconomics, includes the study of what determines the level of

yanalaym [24]

It includes the study of employment in the economy.

A macroeconomic factor is a factor that is relevant to an expansive economy at the provincial or national level and influences a huge populace instead of a couple of select people. Macroeconomic factors, for example, financial yield, joblessness, expansion, reserve funds, and speculation are key pointers of monetary execution and are nearly checked by governments, organizations, and customers.

4 0

3 years ago

Prepare the issuer’s journal entry for each of the following separate transactions.a. On March 1, Atlantic Co. issues 51,000 sha

Shalnov [3]

Answer:

March 1

Account Debit Credit

Cash $323,000

Common Stock $153,000

Paid-In Capital in Excess

of Par Value $170,000

April 1

Account Debit Credit

Cash $87,000

Common Stock-no par value $87,000

April 6

Account Debit Credit

Inventory $56,000

Common Stock $56,000

Machinery $170,000

Paid-In Capital in Excess of

Common Stock $170,000

Note Payable $92,000

Cash $92,000

4 0

3 years ago

Samantha invested $14,000 at 6% simple interest for 1 year. How much is in the account at the end of the 1 year period

algol13

Explanation:

The interest = PTR/100

So, here P = Principcal

T = time

R = Rate of interest

= 14000 x 6 x 1 / 100 = 840

So interest = 840

So, The amount at the end = Principcal + Interest

= 14000 + 840 = 14840

6 0

3 years ago

Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs

alekssr [168]

Answer:

As overhead was underapplied, the balance in overhead will be $33,000 credit.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 452,000 / 2,260,000

Predetermined manufacturing overhead rate= $0.2 per direct labor dollar

Now, we can allocate costs:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.2*1,930,000

Allocated MOH= $386,000

Finally, we determine the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 419,000 - 386,000

Underapplied overhead= $33,000

As overhead was underapplied, the balance in overhead will be $33,000 credit.

8 0

3 years ago

In June 2015, the unemployment rate declined to 5.3 percent from 5.5 percent in May. The labor force participation rate also dec

cricket20 [7]

Answer: A. greater than 5.3 percent because the value in the numerator of the formula for the unemployment rate would increase more than the value in the denominator.

Explanation:

The unemployment rate is calculated by dividing the number of those who are unemployed but actively seeking employment by the labor force.

= Unemployed / Labor force

If the labor force participation rate had remained unchanged then that would mean that the denominator for the unemployment rate did not change while unemployment did.

The unemployment rate will therefore be greater than 5.3% because the numerator which is the unemployment figure, would have increase more than the denominator.

6 0

3 years ago