If the company's December 31, year 1 balance sheet should reflect total liabilities associated with the bond issue (including interest) in the amount of: E. $3,120,000.
<h3>How to find the total liabilities?</h3>
Using this formula to determine the total liabilities
Total liabilities = Bond's issue price + (Amortized discount x 2)
Let plug in the formula
Total liabilities = $3,100,000 + ($10,000 x 2)
Total liabilities =$3,100,000 + $20,000
Total liabilities = $3,120,000
Therefore the correct option is E.
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M1 is the most liquid monetary aggregate.
A measure of the money supply in an economy is called an aggregate of money. To standardized monetary aggregates in the US, the following labels are applied:
MO The monetary base, usually referred to as the physical money supply or coinage and bank reserves maintained by the central bank,
M1: M0 in its whole plus traveler's checks and demand deposits
All of M1, money market securities, and savings accounts are considered M2.
Despite not being frequently noticed and being distinct from the money supply, the monetary base is a crucial monetary aggregates. The total amount of money in circulation as well as the fraction of commercial bank reserves that is kept on hand by the central bank are included. Since it may be multiplied using the fractional reserve banking system, this is also sometimes referred to as high-powered money (HPM).
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Answer:
Stock price is $68.65
Explanation:
The following image shows the stock price:
Answer:
a. 80,000 units
b. 95,000 units
Explanation:
The computation is shown below:
a.The anticipated break-even sales (units) is
As we know that
Break even point in units = Total fixed cost ÷ Contribution margin per unit
= $27,600,000 ÷ $345
= 80,000 units
Where,
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $1,150 - $805
= $345
b. The units for realize operating income is
Unit sales for target profit = (Fixed expense + Target profit) ÷ Contribution margin per unit
= ($27,600,000 + $5,175,000) ÷ $345
= $32,775,000 ÷ $345
= 95,000 units
