All categories

3 years ago

Swifty Corporation had the following selected transactions.

Business

1 answer:

Anon25 [30]3 years ago

3 0

Answer:

Missing word "Indicate the effect each transaction has on the accounting equation, (Assets = Liabilities + Stockholders' Equity), using plus and minus signs."

Assets = Liabilities + Stockholders' Equity

1. Increase(+) No Effect Increase(+)

2. Decrease(-) No Effect Decrease(+)

3. Increase(+) No Effect Increase(+)

4. Decrease(-) No Effect Decrease(+)

You might be interested in

The Smith family lives in Scranton, PA. Mr. Smith work in a factory producing widgets that are used and bought by automobile man

allochka39001 [22]

I’m not going to text him but I told my mom friend and I saw that her and she said she saw her coming home to get

8 0

3 years ago

How many inches are there in a football field (100 yards)? 1 yard = 3 feet; 1 foot = 12 inches

crimeas [40]

4320 . this prob would have been answered faster under the mathmatics topic

8 0

3 years ago

Tax cuts _________.A) and increases in government expenditures shift aggregate demand right.B) and increases in government expen

Pie

Answer: A. and increases in government expenditures shift aggregate demand right.

Explanation: Government expenditures or spending affect the aggregate demand, because it is one of the component of aggregate demand. If there is an increase in government spending the aggregate demand will shift to the right.

When there is tax cut or reduction in tax, there will be more disposable income which will increase consumption and savings and in turn shift the aggregate demand to the right.

5 0

3 years ago

Stech Co. is issuing $9 million 12% bonds in a private placement on July 1, 2017. Each $1,000 bond pays interest semi-annually o

STALIN [3.7K]

Answer:

Expected selling price =$ 1,271.81

Explanation:

The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.

These cash flows include interest payment and redemption value

The price of the bond can be calculated as follows:

Step 1

PV of interest payment

coupon rate - 12%, yield - 8%, years to maturity- 10 years

Semi-annual coupon rate = 12%/2 = 6%

Semi-annual Interest payment =( 6%×$1000)= $60

Semi annual yield = 8%/2 = 4%

PV of interest payment

= A ×(1- (1+r)^(-n))/r

A- interest payment, r- yield - 4%, n- no of periods- 2 × 10 = 20periods

= 60× (1-(1.04)^(-10×2))/0.04)

= 60× 13.59032634

=$815.41

Step 2

PV of redemption value (RV)

PV = RV × (1+r)^(-n)

RV - redemption value- $1000, n- 2×10 r- 4%

= 1,000 × (1+0.04)^(-2×10)

= $456.38

Step 3

Price of bond = PV of interest payment + PV of RV

= $815.41 + $456.38

= $ 1,271.81

Expected selling price =$ 1,271.81

5 0

3 years ago

Williams Company plans to issue bonds with a face value of $600,000 and a coupon rate of 8 percent. The bonds will mature in 10

gulaghasi [49]

Answer:

Decide the issuance of cost of the bonds:

The issuance cost of bonds is the sum the obliged substance raised through the issue of legally binding proclamation called bonds. The cost of securities relies on the assumed worth, time frame, the coupon rate and the market rate.

Coming up next are three general standards regarding bonds issue cost:

On the off chance that the coupon pace of the security is equivalent to the market loan fee, at that point the security is said to be given at standard.
On the off chance that the coupon pace of the security is more prominent than the market financing cost, at that point the security is said to be given at premium.
On the off chance that the coupon pace of the security is lower than the market loan cost, at that point the security is said to be given at rebate.

In the current case, both the coupon rate and the market premium are 8% and are equivalent. Thus, the issue cost of bonds is equivalent to the standard worth. That is $600,000.

3 0

3 years ago