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Reika [66]
3 years ago
5

During the year, Hamlet Inc. paid $22,000 to have bond certificates printed and engraved, paid $170,000 in legal fees, paid $9,0

00 to a CPA for registration information, and paid $280,000 to an underwriter as a commission. What is the amount of bond issue costs
Business
1 answer:
xenn [34]3 years ago
5 0

Answer:

$481,000

Explanation:

Bond issue costs are either direct or indirect costs:

  • direct costs include underwriting fees, listing fees, professional fees, compliance costs and other costs related to the IPO or APO (secondary issues), e.g printing costs
  • indirect costs include underpricing costs (IPO pricing is too low) and loss of proprietary information

Total bond issue costs = $22,000 + $170,000 + $9,000 + $280,000 = $481,000

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Answer:

101.12 million

Explanation:

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The present value of the liability

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= 800  × (1.09)^(-24)

= 101.12 million

The present value of this liability= 101.12 million

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3 years ago
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Answer:

D) Theoretical reason

Explanation:

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Less popular open source products are not likely to attract the community of users and contributors necessary to help improve th
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<h3>What are Network Effects?</h3>
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Answer:

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The journal entry is

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We simply debited the cash account as cash is received and credited the respective account i.e unearned service revenue

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To create strong partnering relationships, marketing channel members must develop mutual trust, openly communicate, have common
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It is important that members of marketing channel develop the willingness to invest in each other's success to create strong partnering relationships.

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The members of marketing channel includes a wholesales, retailers, agent etc.

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