Answer: $3,000
Explanation:
On June 30, 2021, Rupar would have held the bond for 6 months. The coupon rate is an annual figure and so must be translated to a semi annual figure.
To do that simy divide by 2.
= 6% /2
= 3%.
The bond is paid interest on at face value as well.
Therefore the interest on June 30 is,
= 100,000 * 3%
= $3,000
Answer:
d. $66,000
Explanation:
Raw Material requisition = $66,000
Raw Material requisition is transferred to work in process account by following entry
Dr. Cr.
Work in process $66,000
Raw Material Inventory $66,000
The debits to the Work in Process account as a consequence of the raw materials transactions in May is $66,000.
ans)
Total Assets (given) - Total Liabilities (given) = Total Stockholders' Equity (plug)
221066899 - 121082334 = 99984565
New stock issued = 75000 X 37.61 = 2820750
Total Stockholders' Equity (above) - New stock issued (above) = Old Stock
99984565 - 2820750 = 97163815
Total Assets / Total Stockholders' Equity = Leverage
221066899 / 99984565 = 2.21 or 2.7
Since this gives us the desired leverage figure, we can be confident of TA, TSE, and TL
True statements are:
1. Total liabilities = 121082334
2. Baldwin will issue stock totalling $2820750
3.Total Assets will rise to $221066899
Hope this helps you
I think it's A; pure risk
Answer:
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