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Cloud [144]
3 years ago
12

On January 1 of the current year, the Barton Corporation issued 12% bonds with a face value of $88,000. The bonds are sold for $

85,360. The bonds pay interest semiannually on June 30 and December 31 and the maturity date is December 31, five years from now. Barton records straight-line amortization of the bond discount. The bond interest expense for the year ended December 31 is a.$2,640 b.$11,088 c.$10,560 d.$880
Business
1 answer:
gogolik [260]3 years ago
6 0

Answer:

b.$11,088

Explanation:

The computation of the interest expense is shown below

= Cash interest + discount amortized

= ($88,000 × 12%) + ($88,000 - $85,360) ÷ 5 years

= $10,560 + $528

= $11,088

Hence, the interest expense is $11,088

Therefore the correct option is b.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Santiago Delgado owns a copier store. He leases two copy machines for which he pays $20 each per day. He cannot increase the num
m_a_m_a [10]

Economic theory and the data in the table show that the average total cost curve and the marginal cost curve are related in that the MC curve passes through the minimum point of the ATC curve.

<h3>What is the relationship between the MC and ATC curves?</h3><h3 />

The data given by the table (which is accurately filled up) shows that the MC curve will intersect the ATC curve at its lowest point.

We see this from the fact that before the lowest ATC of 0.107, the marginal cost was less than the ATC. After the lowest ATC however, the marginal cost becomes higher than the ATC.

This shows that the MC curve intersected the ATC at its lowest point of 0.107 and then kept rising above it.

Find out more on the MC curve at brainly.com/question/9335427.

4 0
2 years ago
Which type of private security personnel provides the given service?
Vinil7 [7]

Answer:

Private security guards provide security for people and facilities. They typically deal with issues related to trespassing, burglary, theft, or threats to their clients.

Explanation:

8 0
3 years ago
Which theory suggests that workers with more education earn higher wages because the extra schooling has given them additional s
san4es73 [151]

Answer:

The human capital theory

Explanation

The human capital theory explores the relationship between investment in human capital and earnings.

Investment in human capital can take the form of education or training.

The theory suggest that those that invest in human capital earn higher income

The human capital theory also explores pattern of earnings. The theory suggests that the earnings of young people would be low as they would forgo earnings to invest in human capital . Earnings would increase as one gets older because old people invest less in education and training

7 0
3 years ago
Leisure is Select one: a. a good that is not counted in GDP. b. a good that is counted in GDP. c. neither a good nor a bad, and
Greeley [361]

Answer:

a. a good that is not counted in GDP.

Explanation:

Leisure is not counted in GDP if the leisure activity does not have a market value, and is not exchanged in the markeplace.

For example, going for a walk, or sitting at a park to read are leisure activities that are not considered economically productive, and therefore, are not counted in GDP.

8 0
3 years ago
You survey 100 customers. You ask a question with 4 possible responses. Each possible response is given by at least 10 customers
finlep [7]

There are 100 people and 4 answers. The minimum people for each answer is 10. You can distribute the minimum people to make it easy.

Answer 1. 10 people

Answer 2. 10 people

Answer 3. 10 people

Answer 4. 10 people

There are still 60 people that are not assigned, so you take this number and add it to the minimum.

60 + 10 = 70


Answer: The maximum number of customers giving any one response is 70 people.

3 0
3 years ago
Read 2 more answers
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