1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
3 years ago
5

When bonds are sold at a premium and the effective interest method is used, at each interest payment date, the interest expense:

a. Remains constant.b. Is equal to the change in book value.c. Increases.d. Decreases.
Business
1 answer:
Alex73 [517]3 years ago
3 0

Answer:

decreases

Explanation:

When bonds are sold at a premium, it is sold at a price higher than the par value. For example, if the par value is $100, the bond would be selling at a premium if it is sold at $101. At expiration of the bond's tenor, the price of the bond must equal its par value, so at each each interest payment day, the interest expense decreases

You might be interested in
Which statement provides the best description of the term lifelong learning?
Alenkinab [10]

Answer: Continual learning during your lifetime

Explanation: Lifelong learning simply means the willingness an individual has to continuously acquire knowledge all through their lifetime. It is dedication a person has to continually learn something new.

4 0
3 years ago
G during february, $186,500 was paid to creditors on account, and purchases on account were $201,400. assuming the february 28 b
Rufina [12.5K]
<span>The balance on Feb 1 was $44,100. Find by solving for x, the account balance on Feb 1, knowing that $59,900 was the balance on Feb 28. Find by adding $201,400 of purchases and subtracting $186,500 paid to creditors:
 x + 201,400 - 186,500 = 59,000.
 x + 201,400 = 245,500
 x = 44,100</span>
4 0
3 years ago
The following data refer to Brompton Company’s ending inventory:
Leona [35]

Answer:

Unit cost

Explanation:

They ending inventory

4 0
3 years ago
Conchita is applying for a VA loan. She has served in the military, on active service, for ninety days. She is trying to buy a t
LUCKY_DIMON [66]

Answer:

No, Conchita will not be considered for a VA loan.

Explanation:

In order for a Veterans Affairs (VA) loan to be given, the borrower must comply with the following conditions regarding service time:

  • the borrower must have served for at least 90 days of active duty (service during wartime)
  • the borrower must have served for at least 181 days of active service (service during peacetime)

Conchita has not served the 181 days of active service required.

8 0
3 years ago
_____Web sites have job listings created for individuals who wish to perform work using trade-specific skills such as plumbing,
Artist 52 [7]
<span>Industry </span><span>Web sites have job listings created for individuals who wish to perform work using trade-specific skills such as plumbing, electrical, welding, teaching, agriculture, and so on. </span>
3 0
3 years ago
Read 2 more answers
Other questions:
  • The value of all final goods and services produced within a country is termed its __________.
    14·1 answer
  • The company's adjusted trial balance includes the following accounts balances: Cash, $15,000; Equipment, $85,000; Accumulated De
    11·1 answer
  • Every time andres raises his hand, he receives one point. "raising his hand" is considered the:
    11·1 answer
  • Keyser Materials has 8 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and curr
    5·1 answer
  • There are three components to dr. juran's process improvement strategy, known as the _____________ : planning, control, and impr
    7·1 answer
  • Sheridan Company sells radios for $50 per unit. The fixed costs are $445000 and the variable costs are 60% of the selling price.
    7·1 answer
  • In a business setting, which of the following practices is most likely to be considered as unethical? Informing prospective empl
    5·1 answer
  • If a special sales order is accepted for​ 3,000 seats at a price of​ $330 per​ unit, and fixed costs increase by​ $13,000, how w
    9·1 answer
  • If cost of goods manufactured is $306,790, beginning work in progress inventory, $25,000, and cost to manufacture, $300,000, the
    14·1 answer
  • Grace wants to work with clients who are interested in time-shares. What property type will she be dealing with
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!