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White raven [17]
3 years ago
6

Williams Company plans to issue bonds with a face value of $605,000 and a coupon rate of 6 percent. The bonds will mature in 10

years and pay interest semiannually every June 30 and December 31. All of the bonds are sold on January 1 of this year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.) Determine the issuance price of the bonds assuming an annual market rate of interest of 6 percent.
Business
1 answer:
marysya [2.9K]3 years ago
7 0

Answer:

$605,000

Explanation:

According to the scenario, computation of the given data are as follows,

Face value = $605,000

Coupon rate = 6%

Rate of interest = 6%

As coupon rate and market interest rate is similar, then in this scenario issuance price of the bond is equals to face value of the bond.

Then, Issuance price of bonds = Face value of bonds

Issuance price of bonds = $605,000  

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Ghella [55]

Answer:

b-the costs incurred to process the units to this point

Explanation:

Since in the question it is given that the company want to decide whether to sell partially completed goods or should incurred extra cost in order to finished the goods and sells them as a completed unit

So there should be the decision regarding selling price for the units that are completed, the selling price for the units that are partially completed and the cost i.e to be incurred for finishing the units

8 0
3 years ago
If a stadium sells 40,000 seats sold at $20, $22.50, and $25 and $28 equally distributed in four sections, how much can be made
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Section A = 22,500 seats
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3 years ago
what does it mean when you file for bankruptcy and why would it be on your credit report? please somebody help. due tonight
andreev551 [17]
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8 0
3 years ago
Marston Corp. writes 28 checks a day for an average amount of $398 each. These checks generally clear the bank 3 days after they
irina [24]

Answer:

The Marston Corp. disbursement float is  $ (16,768.00)

Explanation:

The firm writes 28 checks a day for an average amount of $398 each, is equal to say = 28 * $398 =  $ 11,144.00 . If these checks generally clear the bank 3 days after they are written, then =  $ 11,144.00 * 3 =  $ 33,432.00

And, the firm generally receives 40 checks with an average amount of $502 each, is equal to say = 40 * $502 =  $ 20,080.00 . If the deposited amounts are available after an average of 2.5 days, then = $ 20,080.00  *  2.5 =  $ 50,200.00

The Marston Corp. disbursement float is  = $ 33,432.00  -  $ 50,200.00 =

$ (16,768.00)

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3 years ago
The existence of ending Work In Process Inventory necessitates the use of the 5minusstep process costing procedure. true or fals
tensa zangetsu [6.8K]

Answer:

The statement is: True.

Explanation:

The Work In Progress (WIP) Inventory represents the sources needed during the production of a good. While calculating costs for those sources it is necessary to follow the 5-steps of process costing which are the following:

<em>1)</em><em>  Determine the flow of units generated. </em>

<em>2)</em><em> Adjust the inventory to calculate the equivalent units. </em>

<em>3)</em><em> Identify the total cost. </em>

<em>4)</em><em> Calculate the average cost per equivalent unit. </em>

<em>5)</em><em> Record these costs to finished units and Work in Process units.</em>

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