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Tatiana [17]
3 years ago
7

A corporation issues for cash $9,000,000 of 8%, 30-year bonds, interest payable semiannually. The amount received for the bonds

will be
a.present value of 30 annual interest payments of $720,000
b.present value of 60 semiannual interest payments of $360,000, plus present value of $9,000,000 to be repaid in 30 years
c.present value of $9,000,000 to be repaid in 30 years, less present value of 60 semiannual interest payments of $360,000
d.present value of 30 annual interest payments of $360,000, plus present value of $9,000,000 to be repaid in 30 years
Business
1 answer:
Sloan [31]3 years ago
6 0

Answer:

B

Explanation:

- The Semiannually total interest  Payable will be calculate as

30*2 = 60 Semiannual Times Payments

- Interest Payments

$9,000,000*8%/2=$360,000

- So the Total payments will be paid semiannually 60 times $360,000 with the principle amount $9,000,000

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The capacity of a resource determines the ___________ number of flow units that can flow through that resource per unit of time.
Goryan [66]

Answer:

the answer for the particular blank is Maximum.

Explanation:

  • The efficiency of a resource specifies the maximum number of flow units per unit of time which can flow through that resource.
  • when a resource produce more and more products to its maximum capacity, then we can say that it is the maximum production unit of a resource in a particular time

higher capacity shows higher production..

so, maximum capacity shows maximum production

8 0
3 years ago
An account credits interest at an effective rate of 4% for years 1-3, 5% for years 4-6, and 6% for years 7-9. Deposits of $1,000
netineya [11]

Answer:

The accumulated value of the deposits at the end of 9 years is <u>$11,242.18</u>

Explanation:

Note: Find attached the excel file for the calculation.

Since the deposits are made into the account at the end of each year, interest will be earned on the opening balance for each year since it remains the account for 12 months.

No interest will be earned on the deposit of $1,000 made at the end of each year.

The opening balance, interest earned and the deposit for each year are then added together to obtain the closing balance for each year.

Since the closing balance for year 9 is <u>$11,242.18</u>, this is therefore the accumulated value of the deposits at the end of 9 years.

Download xlsx
3 0
3 years ago
Westbank Real Estate, Inc. owns 10 acres of forested land. Westbank wants the land cleared in order to build houses. Westbank em
gizmo_the_mogwai [7]

Answer:

Answer 1  

Yes, all the electronic forms of the transcribed agreement will be measured underneath the act of deceptions. These kinds of agreements are assumed comparable significance as in the circumstance of contract inscribed on the paper.

Answer 2

It “does” fulfill the obligation. As per the law of deceptions, all the electronic contract will be named corresponding to the inscribed agreements .

Answer 3  

Land is considered as the “real property” beside with all the possessions involved openly to it.

Answer 4  

“All” physical objects

However, land contain all the additional possessions involved to the land openly .

6 0
3 years ago
Financial statement data for years ending December 31, 2019 and 2018, for Edison Company follow: 2019 2018 Sales $513,500 $480,0
madam [21]

Answer:

The answer is

For 2018 - 1.5

For 2019 - 1.3

Explanation:

Asset turnover ratio=Net sales/average total assets

For 2018:

Sales - $480,000

Beginning asset - 360,000

Ending asset -360,000

Average total asset:

($280,000 + $360,000)/2

=$320,000

Therefore, asset turnover for 2018 is:

$480,000/$320,000

=1.5

For 2019:

Sales - $513,500

Beginning asset - $360,000

Ending asset - $430,000

Average total asset:

($360,000 + $430,000)/2

=$395,000

Therefore, asset turnover for 2019 is:

$513,500/$395,000

=1.3

5 0
3 years ago
For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $316,7
erastovalidia [21]

Answer:

Explanation:

The preparation of ta static budget report for the second quarter is shown below:

                                          CROIX COMPANY

                                         Sales Budget Report

                             For the Quarter Ended June 30, 2017

                       Second Quarter                      Year to date

Product Line  Budget  Actual  Difference  Budget  Actual  Difference

New Guitar $383,500  $387,400 $3,900    $700,200 $690,500  $9,700

                                                      Favorable                             Unfavorable

The year to date balances are computed below:

For Budget:

= $383,500 + $316,700

= $700,200

For Actual:

= $387,400 + $690,500

= 690,500

6 0
3 years ago
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