1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Igoryamba
2 years ago
13

On November 1, 2019, Davis Company issued $30,000, six-year, 7% bonds for $29,340. The bonds were dated November 1, 2019, and in

terest is payable each on May 1 and November 1. Davis uses the straight-line method of amortization. How much is the book value of the bonds after the November 1, 2020 interest payment was recorded using the straight-line method of amortization
Business
1 answer:
aliina [53]2 years ago
8 0

Answer:

29,700 dollars is your answer

Explanation:

You might be interested in
Paying attention to the trends that might impact your future career is called
Mazyrski [523]
<span>The process is called futurecasting. Clustering is a completely different concept related to the organization of resources. Networking is a concept related to building social connections through self-advertising and linking networks with associates. Matchmaking is typically used in reference to specifically cultivating relationships between two people with complementary skill sets or similar core work values. Thus only futurecasting is left as an option.</span>
5 0
3 years ago
Freya plans to invest $3,200 a year for 25 years starting at the end of this year. How much will this investment be worth at the
tekilochka [14]

Answer:

$240,885.11

Explanation:

The formula to be used is = annual payment x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

R = interest rate = 8.2 percent

N = number of years = 25

[(1.082^25) - 1 ] / 0.082 = 75.276598

75.276598 x $3,200 = $240,885.11

I hope my answer helps you

6 0
3 years ago
Greeting individual members of the audience before your presentation begins is an effective way to convey friendliness and confi
Nana76 [90]
Ngl I definitely think this is true :) if not then FRICKKKK I’m sooo sorry for getting it wrong
7 0
3 years ago
Read 2 more answers
Bond investors will experience capital gains when Group of answer choices market interest rates are high and falling. market int
solong [7]

Answer:

A) market interest rates are high and falling

Explanation:

Bonds and interest rates have an indirect relationship.  When interest rates rise, bond prices tend to fall.

Bonds pay interests on a fixed rate. When market interest rates are rising, investors will prefer investing in other options due their high return as opposed to the fixed returns from bonds. Bonds become less attractive, leading to a decline in prices.

Buying Bonds when the interests are rising means buying at a cheaper rate. When interest rates start falling, bond prices will rise again due to their inverse relationship.

Capital gains occur when an investment is bought at a lower price and sold at a higher price.  Buying bonds when interests rate is high and selling when interests are low will lead to capital gains.

3 0
4 years ago
The owner of a successful restaurant has gotten bored with his business. He
marta [7]

Answer:

my best guess would be C.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Wallace is a salesperson in the Nebraska Territory for a firm selling kitchen appliances to mobile home manufacturers. At a scho
    13·1 answer
  • An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical produ
    13·1 answer
  • Exercise 19-9 Income statement under absorption costing and variable costing LO P1, P2 IThe following information applies to the
    14·1 answer
  • Stale Check Charles Ragusa &amp; Son ( Ragusa), a partnership consisting of Charles and Michael Ragusa, issued a check in the am
    13·1 answer
  • On January 1, a company issued 3%, 20-year bonds with a face amount of $80 million for $69,057,808 to yield 4%. Interest is paid
    9·1 answer
  • Jerome, a manager at Welford Nonprofit Group, is known for his selflessness and willingness to give to others. He likes working
    6·2 answers
  • Multiple Choice Question Which of the following is the correct statement about variable costs? The variable cost per unit will i
    9·1 answer
  • XYZ Inc.'s cost formula for its supplies cost is $968 per month plus $8 per frame. For the month of November, the company planne
    8·1 answer
  • Your firm designs PowerPoint slides for computer training classes, and you have just received a request to bid on a contract to
    13·1 answer
  • A ___ warranty promises replacement or refund for defective products.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!