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grigory [225]
3 years ago
8

The current carrying value of Marigold’s $811000 face value bonds is $806000. If the bonds are retired at 105, what would be the

amount Marigold would pay its bondholders?
Business
1 answer:
ioda3 years ago
4 0

Answer:

$846,300

Explanation:

since the face value of the bonds is $806,000 and they are retired at 105, the company will pay $806,000 x 1.05 = $846,300

the journal entry to record this transaction would be:

Dr Bonds payable 806,000

Dr Premium on bonds payable 5,000

Dr Loss on redemption of bonds 35,300

    Cr Cash 846,300

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Rent-a-Furniture Center is offering a living room set that retails for $799 for $25 per week for 1 year. What is the percent mar
solniwko [45]

Answer:

62.70%

Explanation:

The markup value is found by calculating the gross profit and dividing it by its price. The retail price for the Rent-a-Furniture Center is $799 and the selling is $25 per week.

There are 52 weeks in a year, therefore, with this payment plan of $25/week, the total amount in one year is (52* 25) = $1300. Gross profit is (1300- 799) = $501. The markup value is (501/799) = 62.7033%

5 0
4 years ago
Specialization__________ the productivity of a nation's resources and allows for larger total _________.
ycow [4]
Specialization increases the productivity of a nation's resources and allows for larger total output.
7 0
3 years ago
Which of the following would cause an increase in a country's aggregate demand?
Leona [35]
<span>b) The nominal interest rate falls as the country's price level falls.
</span>
3 0
3 years ago
Velvo Inc., an automobile manufacturing company, designs its products in such a way that they can be easily dismantled after use
harina [27]

Answer: being designed for the environment

Explanation: When a product is

Designed for the Environment (DfE) it means taking an approach or steps to reducing the overall human health hazards and environmental impact of a product, process or service, from start to finish.

It involves taking steps to investigating the possible environmental impacts of a product and fine tuning the product design as necessary to reduce any future detrimental mpacts.

For example, if a product and it's by products contains non-renewable resources that are dangerous it can lead to a negative environmental impact.

For example,Velvo Inc., an automobile manufacturing company, takes into consideration , the designs of its products in such a way that they do not cause negative impact to the environment by making sure parts can be easily dismantled after use for recycling and the used plastic parts are sorted and recycled to make new parts. Also ensuring that components are either recycled or rebuilt, while unusable parts are incinerated to create energy thereby adhering to Designing for the Environment.

3 0
3 years ago
An investor purchased 100 shares of stock X at \small 6\frac{1}{8} dollars per share and sold them all a year later at 24 dollar
Salsk061 [2.6K]

Answer:

option (C) 280%

Explanation:

Number of shares of stock X purchased = 100

Purchasing cost of share = \$6\frac{1}{8} =\frac{49}{8}

Selling cost of stocks = $24 per share

Brokerage paid = 2%

Now,

The total purchasing cost involved = 100\times\frac{49}{8} + 2% of 100\times\frac{49}{8}

= 612.5 + 0.02 × 612.5

= $624.75

also,

Total income from sales of stocks

= Total selling cost of shares - brokerage paid

= $24 × 100 - 2% of Total selling cost

= $2400 - ( 0.02 × $2400 )

= $2400 - $48

= $2,352

now,

The investor's percent gain on this investment = \frac{\textup{Income-invested amount}}{\textup{Invested amount}}\times100\%

= \frac{\textup{2,352 - 624.75}}{\textup{624.75}}\times100\%

= \frac{\textup{1727.25}}{\textup{624.75}}\times100\%

= 276.47% ≈ 280%

Hence, the correct answer is option (C) 280%

7 0
3 years ago
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