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3 years ago

Please share me answer

Business

1 answer:

Shalnov [3]3 years ago

5 0

Answer:

Explanation:

debit Unearned Revenue 200

credit Revenues 200

To realize one month of insurance premium revenue

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Leahy Corp. sells $300,000 of bonds to private investors. The bonds are due in five years, have a 6% coupon rate, and interest i

Black_prince [1.1K]

Answer:

The bonds were sold at a premium, with annual interest expenses less than $18,000

Explanation:

r = 4% per annum = 4%*6/12 = 2%

n = 5 years * 2 = 10

Present value of annuity factor = [1 - (1+r)^(-n)] / r

Present value of annuity = [1 - (1.02)^(-10)] / 0.02

Present value of annuity = 8.982585

Interest payment = $300,000*6%*6/12

Interest payment = $9,000

Present value factor = 1/(1+r)^n

Present value factor = 1 / (1.02)^10

Present value factor = 0.8203483

Face value = $300,000

Selling value of bond = [8.982585*9000] + [0.8203483*300,000]

Selling value of = 80,843.265 + 246,104.49

Selling value of = 326,948. (Amount that bond are sold for is greater than 300,000 i.e at a premium).

Coupon rate payment = $300,000*6%

Coupon rate payment = $18,000

3 0

3 years ago

Protecting intellectual property rights is important to a free enterprise system because:

ra1l [238]

Answer:

B. it allows entrepreneurs to profit from their ideas.

Explanation:

Intellectual properties are valuable ideas, innovations, and creations to a business. They are intangible assets that give a business its competitive advantage. Protecting intellectual properties ensure an individual or entity reaps the full benefits of the inventions and creations.

Protecting intellectual properties safeguards a company's ideas from being exploited by its competitors for commercial gains. It gives a business the right to exclusively profits from its innovations. Protecting intellectual properties encourages research and development as entrepreneurs are guaranteed to benefit from their creations.

5 0

2 years ago

The Balance Sheet should be prepared a. before the income statement and after the statement of owner's equity. b. after the inco

Colt1911 [192]

Answer:

The answer is B. After the income statement and before the statement of owner's equity.

Explanation:

Income Statement shows the profitability of a business over a period of time.

Balance sheet shows the financial position of a business at the end of the period.

Statement of owner's equity shows the changes in owner's equity over a period of time.

Balance sheet is prepared after the income statement because profit for the year(net profit) in income statement is a line item under owner's equity in balance sheet. It must be known and the figure(net income) must be transferred to balance sheet (equity).

It is prepared before the statement of owner's equity because changes in equity (difference between opening and closing balance under equity in balance sheet) is a line item under changes in owner's equity. Also, issues of shares(in balance sheet) is a line item under statement of changes in owner's equity.

5 0

2 years ago

Hero Manufacturing has 5 million shares of common stock outstanding. The current share price is $84 and the book value per share

ludmilkaskok [199]

Answer:

The company's capital structure weights on a book value basis are:

a. 28.57% for equity, and

b. 71.43% for debt.

Explanation:

3 0

2 years ago

Suppose that at the beginning of 2019 Jamaal's basis in his S corporation stock is $0, he has a $0 debt basis associated with a

ivann1987 [24]

Answer:

$0 stock basis; $10,000 debt basis

$1,000 (original stock basis) + $4,000 ordinary income − $7,000 distribution = $0 stock basis and a $2,000 distribution in excess of stock basis generating $2,000 of capital gain. Debt basis is not reduced by distributions.

Explanation:

8 0

3 years ago

Please share me answer​

Please share me answer