1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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:

You might be interested in
For the past 15 years you have been depositing $700 per month in the PIMCO bond fund, and you have now transferred your current
madam [21]

Answer:

To determine the total amount of money that I will have in my account at the time of my retirement, we must consider the total amount paid into the PIMCO account during the last 15 years, and add to this value the potential amount to be paid in the next 20 years in the Vanguard account.

Thus, during the previous 15 years, I have deposited 700 dollars per month in my PIMCO account, with which I have a cumulative total of $ 126,000 (700x12x15). Also, I will potentially deposit another $ 168,000 (700x12x20) in the Vanguard account for the next 20 years.

Therefore, over the 35 years of savings, once the time has come to retire, I will have $ 294,000 in my retirement investment.

7 0
3 years ago
As interest rates rise, _____.
brilliants [131]

B.it becomes more expensive to hold money as cash is the correct answer

7 0
3 years ago
Read 2 more answers
A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.
Gwar [14]

A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

  • systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.

  • This could be in Tech. industry such as in software and others.

Therefore, systems analyst is correct.

Learn more:

brainly.com/question/9349989?referrer=searchResults

5 0
2 years ago
Alliance Company's budgets production of 39,000 units in January and 43,000 units in the February. Each finished unit requires 4
Ket [755]

Answer:

The correct answer is 160,800 pounds.

Explanation:

According to the scenario, the computation of the given data are as follows:

Budget production in Jan = 39,000 units

Raw material per unit = 4 pounds

So, total raw material needed = 39,000 × 4 pounds = 156,000 pounds

Beginning inventory = 46,800 pounds

Ending inventory = (43,000 × 4 pounds ) × 30% = 51,600 pounds

So, Budgeted material needed = Total raw material + Ending inventory - Beginning inventory

= 156,000 + 51,600 - 46,800

= 160,800 pounds

8 0
3 years ago
Suppose that a planet fitness studio has fixed expenses of $7500 per month and variable expenses of $4.99 per member per month.
natka813 [3]
Answer: $500

$19.99-$4.99=$15
$7500/$15= $500
6 0
3 years ago
Other questions:
  • How is the economic way of thinking more than just money, budgets, and the stock market?
    14·1 answer
  • On December 31, 2018, Interlink Communications issued 6% stated rate bonds with a face amount of $107 million. The bonds mature
    10·1 answer
  • Opal asks Paolo, who does not understand English, to sign what Opal says is an application to open a bank account. In fact, the
    8·1 answer
  • The Vintage Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June
    15·1 answer
  • As a manager at Johnson Electric, an armature motor manufacturer, Oliver is responsible for quality. As he carries out his contr
    15·1 answer
  • Under central planning, some group has to decide how to get the necessary inputs produced in the right amounts and delivered to
    14·1 answer
  • Can anyone give me some tips on how to become a successful businesswoman
    6·1 answer
  • To achieve organizational goals in large, complex organizations, which components must function together
    14·1 answer
  • Red Co. had the following transactions through December 31: Cash proceeds from the sale of investment in Gold Co. stock $ 15,000
    9·1 answer
  • 8000 x .05 a bank has excess reserves of $5,000 and demand deposits of $40,000; the reserve requirement is 20%. if the reserve r
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!