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GrogVix [38]
3 years ago
13

On 6/30/12, a company paid $106,000 to retire a bond before maturity. The company recorded a $6,000 loss as part of the transact

ion. Which of the following must be true regarding this transaction?
a. The face value of the bond was $100,000
b. The market interest rate had increased since the bond was issued
c. The face value of the bond was $106,000
d. The company paid more than the current fair value of the bond to retire it.
e. The market interest rate had decreased since the bond was issued
Business
1 answer:
natta225 [31]3 years ago
7 0

Answer:

a. The face value of the bond was $100,000

Explanation:

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A father and mother are planning a savings program to put their daughter through college. Their daughter is now 8 years old. She
Anna71 [15]

Answer:

$4,102.57

Explanation:

we must first calculate the future costs of college:

cost of college year 1 = $16,200 x (1 + 2%)¹⁰ = $19,747.71

cost of college year 2 = $19,747.71 x 1.02 = $20,142.66

cost of college year 3 = $20,142.66 x 1.02 = $20,545.51

cost of college year 4 = $20,545.51 x 1.02 = $20,956.42

in order to determine how much money does the family need to have before college starts we must discount the cost of college by 7.5%:

PV cost of college year 1 = $19,747.71

PV cost of college year 2 = 20,142.66 / 1.075 = $18,737.36

PV cost of college year 3 = $20,545.51  / 1.075² = $17,778.70

PV cost of college year 4 = $20,956.42  / 1.075³ = $16,869.09

total = $73,132.86

the future value of the grandmother's deposits:

$13,000 x (1 + 7.5%)¹⁴ = $35,781.77

$2,900 x (1 + 7.5%)¹² = $6,907.16

total = $42,688.93

that means that you will need to save $73,132.86 - $42,688.93 = $30,443.93 by the time your child turns 18

you will make 4 deposits and their future value will be:

deposit x 1.075¹⁰ = 2.0610D

deposit x 1.075⁹ = 1.9172D

deposit x 1.075⁸ = 1.7835D

deposit x 1.075⁷ = 1.6590D

total = 7.4207D

yearly deposit = $30,443.93 / 7.4207 = $4,102.57

4 0
3 years ago
​When Julius hears that there are going to be cutbacks in his department, he immediately calls his supervisor and asks for an ap
Darya [45]

Answer:

maladaptive coping

Explanation:

7 0
3 years ago
Suppose an investment project is projected to provide $198,000 in revenues if the project is undertaken. the investment will cos
Dominik [7]
<span>Yes. By investing $180,000 and having a revenues of $198,000, the company would earn $18,000 (before tax) from this project investment. Assuming that the $180,000 investment already factored in time/labor and the projected $190,000 revenues is very likely to occur.</span>
7 0
3 years ago
1. Classical Conditioning How would classical conditioning operate for a consumer who visits a new tutoring web site and is gree
Agata [3.3K]

Answer and explanation:

Proposed by Russian psychologist Ivan Pavlov (1849-1936) classical conditioning is a form of learning in which a conditioned stimulus is associated with an unconditioned stimulus to generate a response. The conditioned stimulus does not generate any response at first but after conditioning it the desired conditioned response is generated.

Thus, by using an <em>Albert Einstein</em> (1879-1955) avatar, the tutoring web attempts to make give visitors the idea that the mentoring they will receive is given by professionals with wide knowledge in their fields, something that Albert Einstein portrayed himself. That image is likely to help visitors to feel more confident about the type of mentoring they can expect from the web page.

3 0
3 years ago
Construct a balance sheet for Sophie’s Sofas given the following data. What is shareholders’ equity? Cash balances = $10,000 Inv
Mrrafil [7]

Answer:

Balance Sheet of Sophie's Sofas for the year ended December 31th 20XX

Cash                           10,000       Account Payable         17,000

Account Receivable 22,000       Long Term Debt        170,000

Inventory                 200,000      Total Liabilities           187,000

Current Assets        232,000       Stockholders Equity 145,000

PPE                          100,000

Total Assets            332,000       Total SE + Liab          332,000

Explanation:

We calculate equity using the accounting equation:

Assets = Liabilities + Equity

We add all the assets in one column, and the liab  in another. Now, once we got these two, we calculate equity by subtracting:

332,000 - 187,000 = Equity = 145,000

6 0
2 years ago
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