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Wewaii [24]
3 years ago
9

On January 1, 2020, Solugenix issued $400,000 of 7.125 percent Senior Notes due January 1, 2030, at par value. Interest on the n

otes is payable semiannually. At December 31, 2021, the bonds traded at 105. If the company were to repurchase the remaining notes on December 31, Year 2021, what would be the gain or loss on the repurchase
Business
1 answer:
SVEN [57.7K]3 years ago
6 0

Answer:

$20,000 loss

Explanation:

Repurchase of bond = Repurchase price - Carrying value

Repurchase of bond = ($400,000*105%) - $400,000

Repurchase of bond = $420,000 - $400,000

Repurchase of bond = $20,000 loss

Thus, the loss on the repurchase of the bond is $20,000

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research information about pmp® and capm® certifications. find at least two articles on this topic. what are benefits of certifi
NemiM [27]

A degree from a CAHIIM-accredited institution is reportedly one of the eligibility requirements for PMP® and Capm® certifications for RHIA and RHIT.

Requirements for recertification checklists

obtaining the required number of CEUs for each credential during the recertification term, not less than 80% of which must be connected to one of the AHIMA-specified HIIM domains.

completing, if appropriate, your yearly coding self-assessments (self-reviews).

taking part in approved and accredited CEU activities.

maintaining a timely CEU log.

recording your CEU activities for auditing.

paying a price for recertification.

(RHIA®) - Registered Health Information Technician - Registered Health Information Administrator (RHIT®)

For further information on AHIMA Click here to view the question at brainly.com/14425736

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4 0
2 years ago
Which statement best describes the term insurance?
charle [14.2K]
B, I think I don’t know too much. But that sounds the most correct
3 0
3 years ago
If an investor places a ________ order, the stock will be sold if its price falls to the stipulated level. If an investor places
irga5000 [103]
<h2>Stop loss , Stop buy</h2>

Explanation:

Let us understand the term stop-loss order:  

· This is an “order sited” with the “broker to buy or sell” once the stock reaches a certain amount or price.

· This is “designed to limit” an investor's loss on a security point.  

· Fixing a stop-loss order for “20% below the price” the margin which you have bought the stock will “limit your loss to 20%”

Let us understand the term buy stop order:

It guides a “broker to purchase a security” when it reaches a strike price that is higher than the “current spot price”.

5 0
4 years ago
Paid $40,000 cash to replace a motor on equipment that extends its useful life by four years. Paid $200 cash per truck for the c
Oksi-84 [34.3K]

Answer and Explanation:

1. Event Nature of expenditure

The capital expenditure is the expenditure which is incurred for one time or we can say it is spent on long term assets. While on the other hand, the revenue expenditure is expenditure  which is incurred on frequent basis

Based on this, the treatment is as follows  

i. Capital expenditure

ii. Revenue expenditure

iii. Revenue expenditure

iv. Capital expenditure

2. The Journal entry is shown below:-

a. Equipment Dr, $40,000

             To Cash $40,000

(Being replacement of compressor is recorded)

Here we debited the equipment as it increased the assets and we credited the cash as  it decreased the assets

b. Building Dr,  $225,000

                 To Cash $225,000

Here we debited the equipment as it increased the assets and we credited the cash as  it decreased the assets

8 0
4 years ago
Fred is giving a speech about legal decisions that were important in the U.S. civil rights movement. First, he plans to talk abo
Maru [420]

Answer: (C) Problem-solution

Explanation:

 According to the question, the Fred is using the problem solution pattern of an organization. Fred is delivering a speech on the legal decision in the united state (US) civil right movement.

The civil right movement is one of the struggle movement in the united state. It main goal is to enforce many legal and constitutional rights for the African Americans.

7 0
3 years ago
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