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Liono4ka [1.6K]
2 years ago
6

On January 1, 2019, a company issued $401,800 of 10-year, 12% bonds. The interest is payable semi-annually on June 30 and Decemb

er 31. The issue price was $416,753 based on a 10% market interest rate. The effective-interest method of amortization is used. What is the book value of the bond liability as of June 30, 2019 (to the nearest dollar)
Business
1 answer:
enot [183]2 years ago
6 0

Answer:

The book value of the bond liability as of June 30, 2019 is:

$401,800

Explanation:

The face value of the bond issued is $401,800

The issue price = $416,753

Bond premium = $14,953

This bond premium will be amortized for 10 years semi-annually using the effective-interest method.

However, as of June 30, 2019, no bond has been repaid, since its maturity is after 10 years.  Therefore, the liability on the bond remains the amount of the face value of the bond, which is $401,800.

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Risk management refers to the practice of identifying potential risks in advance, analyzing them and taking precautionary steps
allsm [11]

Answer:

True

Explanation:

Risk management is the practice of identification of number of risks that the organization faces and then assessing each of them. After assessment of the risks, the organization try to find ways to eliminate or reduce each single risk so that the business operations do not get affected. The precautionary measures can be simply avoid the risk, face the risk, share the risk (Insurance) and reduce the risk to acceptable level.

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Valley Orchards just paid a dividend of $1.2 per share on its stock. The dividends are expected to grow at a constant rate of 3.
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4. What factors could give K to 12 graduates an advantage in the labor market?
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7 0
2 years ago
Where are americans from
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7 0
2 years ago
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In a sandwich shop, 3 workers are able to make 45 sandwiches in an hour during the lunch rush. When a 4th worker is added, the t
Maksim231197 [3]

Answer:

12

Explanation:

Calculation to determine the marginal product of adding the 4th worker

Using this formula

MP=ΔTPΔL

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ΔTP=57−45

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Therefore The marginal product of adding the 4th worker is 12 sandwiches.

5 0
2 years ago
Inferring Transactions from Financial Statements
denpristay [2]

Gap's cost of goods sold is $10,258 million and Cash paid to supplier is $10,447 million.

Let understand that Cost of good sold refers to amount of expenses incurred to produce the goods produced by a firm.

  • The formulae for deriving the Cost of Goods Sold is {Beginning Inventories + Purchases – Ending Inventories}.

  • Information given are <em>Purchased inventories $10,392, Ending inventories $2,131 and Beginning inventories $1,997</em>

<em />

Cost of goods sold = $1,997 + $10,392 - $2,131

Cost of goods sold = $10,258

  • In conclusion, the amount of Gap's cost of goods sold is $10,258

Let understand that Cash paid to accounts payable refers to net amount paid to supplier of goods.

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Cash paid to accounts payable = $1,181 + $10,392 - $1,126

Cash paid to accounts payable = $10,447

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<em>brainly.com/question/16805564</em>

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