PLEASE HELP!!!

Tan Corporation issued $600,000,000 of 7% bonds on November 1, 2015, for $644,636,000. The bonds were dated November 1, 2015, an

jonny [76]

Answer:

Interest Expense $6,446,360

Interest Payable $7,000,000

Explanation:

Interest Expense for the year =

Issued amount * Effective interest rate * $\frac{Remaining months in the year}{Total months in the year}$

$644,636,000 * 0.06 * 2/12 = $6,446,360

Interest Payable =

Face Value of the bond * Interest rate * $\frac{Remaining months in the year}{Total months in the year}$

$600,000,000 * 0.07 * 2/12 = 7,000,000

7 0

3 years ago

The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not bala

shepuryov [24]

The period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS was during:

D. Economic recessions.

According to the given question, we are asked to show the period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS.

As a result, we can see that Keynes, one of the fathers of economics stated that it was important for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.

Therefore, the correct answer is option D

Read more about Keynesian Economics here:

brainly.com/question/14223529

4 0

2 years ago

What is the opportunity cost of studying for an important exam

Setler [38]

What ? Getting a good grade I guess or $20 for A+

5 0

3 years ago

When originally purchased, a vehicle costing $25,740 had an estimated useful life of 8 years and an estimated salvage value of $

Rudiy27

Answer:

Annual depreciation= $5,660

Explanation:

Giving the following information:

Purchase price= $25,740

Salvage value= $3,100

First, we need to calculate the accumulated depreciation before the change in useful life:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (25,740 - 3,100) / 8

Annual depreciation= $2,830

Accumulated depreciation= 2,830*4= $11,320

Now, we can calculate the new depreciation expense:

Annual depreciation= (25,740 - 11,320 - 3,100) / 2

Annual depreciation= $5,660

4 0

3 years ago

When an organization has employees of different backgrounds and skill sets, it has greater and will be better than monocultural

creativ13 [48]

N.B: I don't understand your question fully and neither can i find the complete question anywhere on the internet so im going to answer this sentence and hope it helps you.

Answer:

True

Explanation:

When a company has employees from different backgrounds and with different skills set, it helps the company come up with a lot of innovations that cuts across different cultures, thereby expanding their own range of services and/or goods. Also it helps in problem solving as each employee can come to the table with various ways of solving a problem.

This situation can be called diversity of thoughts.

Cheers.

7 0

3 years ago