Answer:
$661,500
Explanation:
Given that
Bonds payable $700,000
Discount of issuance = $77,000
The computation of current carrying amount is shown below:-
Current carrying amount = Bonds payable - discount on bonds payable
Discount on bonds payable = Discount at issuance (Issuance ÷ Years bonds payable)
= $77,000 × (10 ÷ 20)
= $38,500
Now we put it into formula
= $700,000 - $38,500
= $661,500
YOur answer is D.
A way to remember this is AWE. Assets, Withdrawals and Expenses all have normal debit balances
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Answer:
$5.73(Approx).
Explanation:
Given:
= 0.32
Growth rate = 25% = 0.25
Number of year = 4
Growth rate after 4 year = 3% = 0.03
Required rate of return = 15% = 0.15
Computation of divined in 4 year:

Price of stock after year 4 = [Divined in 4 year × (1 + new growth)] /[Required rate of return - Growth rate after 4 year ]
Price of stock after year 4 = [0.78125 × (1+0.03)] / [0.15 - 0.03]
Price of stock after year 4 = [0.8046875] / [0.12]
Price of stock after year 4 = $6.70572917
Present value = Future value / 
Present value = $6.70572917 / 
Present value = $6.70572917 / 
$5.73(Approx).