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SSSSS [86.1K]
3 years ago
12

Grouper Corp. retires its $640000 face value bonds at 105 on January 1, following the payment of annual interest. The carrying v

alue of the bonds at the redemption date is $663970. The entry to record the redemption will include a________
Business
1 answer:
AleksAgata [21]3 years ago
4 0

Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $640,000

Premium on bonds payable A/c Dr $23,970

Loss on bonds redemption A/c $8,030

         To Cash A/c $672,000                     ($640,000 × 1.05)

(Being the redemption of bond is recorded and the remaining balance is debited to the Loss on bonds redemption account)

The Premium on bonds payable is computed below:

= Carrying value of the bonds - face value of the bond

= $663,970 - $640,000

= $23,970

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The beginning inventory is 52,800 units. All of the units that were manufactured during the period and 52,800 units of the begin
Kazeer [188]

Answer:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations.

b. $776,160

Explanation:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations

b. Given that

Beginning inventory = 52,800

Fixed manufacturing costs = $14.70 per unit

Total Beginning inventory = Beginning inventory × Fixed manufacturing costs

= 52,800 × $14.70 per unit

= $776,160

5 0
3 years ago
Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instanc
scoray [572]

The service or tool that could be used for gaining the benefits should be AWS  Orgs.

The information related to AWS Orgs is as follows:

  • AWS Organization should be an account management service.
  • In this, there are multiple AWS accounts that should be consolidated for developing and managing.
  • As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.

Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS  Orgs.

Learn more about discounts here: brainly.com/question/3541148

3 0
3 years ago
This problem has been solved!
velikii [3]

hey there!:

1)

a) Amount of credit the company would receive against the FUTA tax for its SUTA contributions = 2896.21

(56900*3.1%*90%)+(56900*(5.4%-3.1%)) = 2896.21

b)  Amount that Peroni Company would pay to the federal government for its FUTA tax = 517.79

(56900*6%)-2896.21 = 517.79

c) Amount that the company lost because of its late payments = 176.39

=517.79-(3414-1763.9-1308.7) = 176.39

Hope that helps!

4 0
3 years ago
River Enterprises has ​$502 million in debt and 22 million shares of equity outstanding. Its excess cash reserves are $ 15 milli
Sedbober [7]

Answer:

The stock price would be higher by $7.37

Explanation:

Free cash flow to equity = 195 million with a growth rate of 2% in perpetuity

Value of equity = Free cash flow to equity ÷ (Ce -g) = 195 million ÷ (13% - 2%)

= 190 ÷ 0.11 = $1,772,727,272.73 = $1,773 million

If growth rate is 3%, value of equity = 195 ÷ (13%-3%) = 195 ÷ 0.1 = $1,950  million

a. Value of stock = (1,773 + 15) million ÷ 22 = $81.27

b. Value of stock with 3% = 1,950 ÷ 22 = $88.64

Thus stock price would be higher by = b-a = $7.37

4 0
3 years ago
The purpose of a sharps injury log is to help your employer _______________.
Alla [95]

The Log's aim is to aid in the evaluation of devices used in healthcare and other facilities, as well as to highlight issue devices or procedures that require more exposure attention or examination. At a minimum, the sharps injury log must include the kind and brand of device involved in the injury.

The department or work area where the exposure incident happened, and an account of how the incident occurred. keeping track of all needlestick injury, identifying causes of injuries, and preventing future incidences It must not be possible for blood or OPIM to get through to the skin, clothing, eyes, mouth, and so on. Needlesticks and wounds caused by infected sharps.

To learn more about injury, click here.

brainly.com/question/445007

#SPJ4

3 0
2 years ago
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