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
Elden [556K]
3 years ago
8

On January 1, 2017, Banek Inc. issued $350,000 of 8%, 9-year bonds for $309,086, which implies a market (yield) rate of 10%. Sem

iannual interest is payable on June 30 and December 31 of each year. a.Show computations to confirm the bond issue price. b.Indicate the financial statement effects using the template for (1) bond issuance, (2) semiannual inter- est payment and discount amortization on June 30, 2017, and (3) semiannual interest payment and discount amortization on December 31, 2017.
Business
1 answer:
Kamila [148]3 years ago
5 0
I’m depressed :((((
You might be interested in
1. What is one of the things the Federal Reserve System does? (1 point)
Margarita [4]
1) a 2) a 3) d hope this helps :D
8 0
3 years ago
Slim made a single deposit of $5,000 in an account that pays 7.2% in 2015. What equal-sized annual withdrawals can Slim make fro
evablogger [386]

Answer:

annual withdrawals is  $1,393.87

Explanation:

given data

Amount Deposited = $5,000

Annual Interest Rate = 7.2%

First withdrawal =  2020

last withdrawal = 2025

solution

we consider equal sized annual withdrawals = x

so we can say that Amount Deposited amount will be as

$5,000 = \frac{x}{(1+0.72)^5} + \frac{x}{(1+0.72)^6} + \frac{x}{(1+0.72)^7} + \frac{x}{(1+0.72)^8} + \frac{x}{(1+0.72)^9} + \frac{x}{(1+0.72)^{10}}       ..........1

we take common here \frac{x}{(1+0.72)^{4}}

so

$5,000 = \frac{x}{(1+0.72)^{4}} \times ( \frac{1}{(1+0.72)^1} + \frac{1}{(1+0.72)^2} + \frac{1}{(1+0.72)^3} + \frac{1}{(1+0.72)^4} + \frac{1}{(1+0.72)^5} + \frac{1}{(1+0.72)^{6}} )      

solve it we get

x = $1,393.87  

so that annual withdrawals is  $1,393.87

7 0
3 years ago
What is the main goal of a six sigma implementation?
ki77a [65]
Overall improvement of quality.

The goal is to Increase profits by eliminating existing product variability, defects and waste that are undermining customer loyalty.

I found a diagram on google that’s colorful and looks helpful if you’d like to doodle it in your notes ☺️

5 0
3 years ago
Smith Jewelry Store sells 20 pieces of jewelry per day at an average price of $20 per piece. Assume Smith’s cost for the jewelry
Ipatiy [6.2K]

Answer:

$12,000

Explanation:

Take 20 pieces $20 average price per piece 30 days

= $12,000 expected sales for the month

3 0
3 years ago
The following information relating to a company's overhead costs is available. Actual total variable overhead $ 75,000 Actual to
NARA [144]

Answer:

$5,000 favorable

Explanation:

The computation of the total variable overhead variance is given below:

= Budgeted machine hours allowed for actual output × Budgeted variable overhead rate per machine hour - Actual total variable overhead

= 32,000 hours × $2.50 - $75,000

= $80,000 - $75,000

= $5,000 favorable

Since the favorable is more than the actual so it should be favorable

6 0
3 years ago
Other questions:
  • Merchandise inventory at the end of the year was understated. which of the following statements correctly states the effect of t
    6·1 answer
  • A project has a cash flow of -$161,900, $70,800, $62,300, and $75,000 for years 0 to 3, respectively. The required rate of retur
    10·1 answer
  • Zach is a quality control manager at Fresh Mints International. Any time a problem arises and a decision needs to be made, prese
    12·1 answer
  • Firms A and B both issued 20-year bonds on the same date that have identical features except for the coupon rates. However, Firm
    8·1 answer
  • ________ determines the point at which the sum of carrying costs and ordering costs are minimized, or the point at which carryin
    15·1 answer
  • You are reading product reviews posted online by consumers. Which external information source are you using?
    7·2 answers
  • Variable overhead is applied based on direct labor hours. The variable overhead rate is $220 per direct-labor hour. The fixed ov
    14·1 answer
  • Which persuasive appeal do you think is the most effective in advertising? Explain.
    9·1 answer
  • Jefferson tutoring had the following payroll information on Feb 28:
    6·1 answer
  • Who wants to talk??? :)
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!