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Elza [17]
3 years ago
5

URL in brainly......how its changed

Business
1 answer:
andriy [413]3 years ago
7 0

Answer:ok thank you

Explanation:

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Bringham Company issues bonds with a par value of $540,000 on their stated issue date. The bonds mature in 6 years and pay 9% an
Vladimir [108]

Answer:

1. $24,300

2. 12

3. the bond is trading at a discount.

4. $470,090.86

5. <u>Journal Entry</u>

Cash $470,090.86 (debit)

Bond Payable $470,090.86 (credit)

Explanation:

<u>1. seml-annual Interest payment</u>

Seml-annual Interest payment = ($540,000 × 9 %) ÷ 2

                                                  = $24,300

<u>2. Number of seml-annual Interest payment</u>

Number of seml-annual Interest payment = 6 years × 2

                                                                     = 12

<u>3. Issue</u>

The annual market rate for the bonds (YTM) ,  12% is greater than the coupon rate of the bond 9%.

The Price will be less than the par value and we say that the bond is trading at a discount.

<u>4. Computation of the Issue Price, PV</u>

PMT = $24,300

n = 12

YTM = 12 %

FV = $540,000

p/yr = 2

PV = ?

Using a Financial Calculator, the Issue Price, PV is $470,090.86

<u>5. Journal Entry</u>

Cash $470,090.86 (debit)

Bond Payable $470,090.86 (credit)

4 0
3 years ago
: Jane and Sarah are both investors. Jane has invested thousands of dollars into one small company. Sarah has invested hundreds
Alja [10]

Answer:

Sarah has invested in sole proprietorship while Jane has invested in corporations

Explanation:

Sole proprietorship is owned and run by a single owner who is legally obligated for all business assets and liabilities. Since Sarah has invested thousands of dollars in one company, it looks like she has invested in sole proprietorship in which she is the owner.

Corporation is run by group of people who are not legally obligated for the assets and liabilities of the corporation. People can invest in more than one corporation as they are open for public offer. These investors earn dividends based on the earnings earned by the corporations So, possibly Jane has invested hundreds of dollars in different large companies.

7 0
3 years ago
James Stillman is an investment adviser representative with Rock, Feller, and Standard (RFS), a covered adviser with its princip
liubo4ka [24]

Answer:

Stillman should register as an investment adviser representative in state P.

Explanation:

Investment adviser representatives (IARs) must necessarily register in the state that they work in. In this case, Rock, Feller, and Standard (RFS) must be registered in all the states where it has offices functioning, but Stillman only needs to register in the state where his office is. If Stillman worked half year in state P and the other half in state M, then he would need to register in both states. But since this is not the case, then registering in state P should be enough.

3 0
3 years ago
Assignment: Chapter 01: Concept Check Quiz
Talja [164]

Answer:

Spellberg Inc.

Ramon Frustration with monotonous job:

d. Job variety, good compensation, and independence

Explanation:

Ramon is tired of a monotonous job, he needs job variety.  For lack of appreciation for hard work, he needs good compensation.  To enjoy some level of independence, he feels the lack of freedom from his former role, so he needs a job that commanded job variety, good compensation, and independence.  This is surely offered by a role in sales, where he will be meeting with a variety of customers with varying degrees of interaction.  He is out to solve people's problems, and a role in sales is the best to meet this need.

8 0
3 years ago
Among the various kinds visual aids, tables are what?
pochemuha

The most difficult to construct.

6 0
3 years ago
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