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BARSIC [14]
3 years ago
5

Acheron Co.'s December 31, Year 1, balance sheet contained the following items in the long-term liabilities section: Unsecured 5

.375% registered bonds ($25,000 maturing annually beginning in Year 4) $550,000 6.5% convertible bonds, callable beginning in Year 10, due Year 21 $225,000 Secured 4.875% guaranty security bonds, due Year 21 $500,000 5.0% commodity-backed bonds ($50,000 maturing annually beginning in Year 5) $150,000 What are the total amounts of term bonds and debenture bonds
Business
2 answers:
Butoxors [25]3 years ago
4 0

Answer:

Term bond $725,000

Debenture bonds $775,000

Explanation:

Calculation to determine the total amounts of term bonds and debenture bonds

TERM BONDS

6.5% unsecured convertible bonds of $225,000

Add 4.875% guaranty secured bonds of $500,000

TOTAL term bond total $725,000

($225,000+$500,00

DEBENTURE BONDS

5.375% registered bonds of $550,000

Add 6.5% convertible bonds of $225,000,

TOTAL Debenture bonds $775,000

($550,000+$225,000)

Therefore the total amounts of term bonds will be $725,000 and debenture bonds will be $775,000

Olenka [21]3 years ago
4 0

Answer:

the total amount bond is $775,000 and the debenture bond will be $775,000

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The correct answer are: Example of Plagiarism ; Correctly Paraphrased.

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3 years ago
The following information is available for Kinsner Corporation: Total fixed costs $313,500 Variable costs per unit $99 Selling p
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Answer:

The number of units that must be sold is A. 6,540 units

Explanation:

The number of units must be sold to meet the target profit figure are calculated by using following formula:

The number of units must be sold = (Total fixed cost + Targeted profit) / Contribution margin per unit.

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Market researchers often report discretionary income. Discretionary income is your disposable income minus your fixed expenses.
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The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.

As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.

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