A company issues $15700000, 5.8%, 20-year bonds to yield 6% on January 1, 2019. Interest is paid on June 30 and December 31. The proceeds from the bonds are $15337098. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2021

Answers

Answer 1

Answer:

$15,391,533

Explanation:

Par value of the bond =  $15700000

Coupon rate = 5.8%

Time period = 20 Years

YTM = 6%

Discount amortised = ( $15,700,000 - $15,337,098) ÷ 20

=   $362,902 ÷ 20 = $18,145.1

Discount amortised for year 1 = $18,145.1

So, discount amortised for 3 years = $18,145.1 × 3 = $54,435.3

Hence, carrying value of the bonds on Dec. 31, 2021 = $15,337,098 + $54,435.3

= $15,391,533.3 or $15,391,533


Related Questions

At the beginning of 2018, Artichoke Academy reported a balance in common stock of $151,000 and a balance in retained earnings of $51,000. During the year, the company issued additional shares of stock for $41,000, earned a net income of $31,000, and paid dividends of $10,100. In addition, the company reported balances for the following assets and liabilities on December 31.
Assets Liabilities
Cash $ 52,700 Accounts Payable $ 7,100
Suppies 11,000 Utilities Payable 2,600
Prepaid Rent 24,500 Salaries payable 3.600
Land 205,000 Notes payable 16,000
Required:
Prepare a statement of stockholders' equity.

Answers

Answer:

$261,900

Explanation:

Preparation of a statement of stockholders' equity

Statement of stockholders' equity:

Beginning balance Jan1 $200,000

($151,000+$51,000)

Add Issuance of common stock $41,000

Add Net income $31,000

Less Dividend ($10,100)

Statement of stockholders' equity $261,900

Therefore the stockholders' equity will be $261,900

Marginal Cost of Producing Pies
$1,60
$1.40
$1.20
Marginal Cost
$1.00
$0.80
$0.60
SO 40
S020
S0.00
O Pies
1 Pies
5 Pies
6 Pies
2 Pies 3 Pies 4 Pies
Quantity Supplied
According to the graph, the marginal cost begins to increase when the producer makes
O two pies
O three pies
O four pies
O five pies
Save and Exit
Next
Mark this and return
Su

Answers

Answer:

O four pies

Explanation:

Marginal cost is the expenses associated with the production of an extra item. It the cost attached specifically to the production of one more unit.

From the graph, the marginal rise sharply from 0 units to 1 rapidly. Usually, the marginal cost of the 1st unit is equal to its cost price. The second item's marginal cost is the difference between the cost price of the second item and the first item.

From the graph, the marginal cost starts to rise after the fourth item.  The marginal cost of the fourth item is the difference between the fourth and third item.

Answer: C) FOUR PIES

Smith Services ceased doing business and was dissolved in 2018, with its assets being distributed to creditors. Laker Express only recovered a small part of the amount owed by Smith Services, Inc. Tony Smith then opened up a new trucking service business as a sole proprietor. Laker Express sought to recover Smith Services' unpaid fuel charges, which amounted to about $35,000, from Smith. Smith argued that he was not personally liable for a corporate debt. Should a court hold Tony Smith personally liable

Answers

BsnzbzhBsbzbbzbzbzhznsvjshzvxbs

Sample
is the number of people questioned for a survey.

Answers

Answer: could you add the picture of the survey

Explanation:


what is an element of management activity in business?​

Answers

PublicityProduction and manufacturing is another element of management. Management involves coordinating employees' actions to achieve the firm's goals, organizing people to work efficiently, and motivating them to achieve the business's goals.

When consumers study consumer behavior, they should come to make better decisions. Which of the following can be helpful in enlightening consumers?
A) Consequences associated with poor budget allocation.
B) The role of emotions in consumer decision making.
C) Avenues for seeking redress for unsatisfactory purchases.
D) The effect of the environment on consumer behavior.
E) All of the above.

Answers

Answer: E) All of the above.

Explanation:

All the topics listed above can be helpful in enlightening consumers. They need to know what happens when they make poor budgeting decisions so that they can avoid it. They also need to understand the emotions involved in consumer making so that they can avoid making emotional decisions if need be.

They need to know that they can as well as where they can report purchases that were unsatisfactory and they need to understand that the environment can influence consumer behaviour so that they can make wiser decisions.

Synopsis:

Marshall Gordon, who works for a large chair manufacturing corporation, has unique insight and design skills that enable him to design the best chairs on the market. However, his coworkers do not enjoy working with him. In fact, they will often leave the company to avoid him. Now, two top designers have demanded that management do something about Marshall or they will resign.

Questions:
If you were a top leader, how would you respond to the ultimatum? Be specific. Explain why. What is Marshall missing with respect to his leadership abilities? How do you explain his poor leadership behavior? If you were Marshall’s manager, how might you increase Marshall’s awareness of the negative impact he is having on his team? How would you guide him toward better team leadership, sharing his knowledge with others, and mentoring his team members?

Answers

Explanation:

This is a complex issue that may reflect on the organizational culture of that company. As a leader, it is necessary to understand the situation and listen to both parties in order to find a favorable solution for the company and the employees. Since Marshall's work is important to the company, firing him at first may not be a favorable decision, what the leader can do is provide feedback to him about his interpersonal relationship at the company.

As an effective leader, it is necessary to constantly monitor the work and the relationship between employees, in which case it is necessary to understand the reason for Marshall's behavior and try to change the parameters and procedures that may be facilitating this behavior. It is necessary for him to understand that despite being an effective worker, the company is an integrated system that must be in perfect synchronicity for it to be successful in the market.

What the leader could do in this case then is to try to change the code of organizational ethics, seek training and psychological assistance for Marshall if necessary, talk to the workers who are part of the conflict to understand the situation in the best way, to seek a work redesign. , etc.

An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of two emails per hour. Assume the arrival of these emails is approximated by the Poisson distribution.
a. What is the probability Linda Lahey, company president, received exactly 1 email between 4 P.M. and 5 P.M. yesterday?
b. What is the probability she received 5 or more emails during the same period?
c. What is the probability she did not receive any emails during the period?

Answers

Answer:

0.2706 ; 0.05265 ; 0.1353

Explanation:

Given that :

λ = 2

According to the poisson distribution formula :

P(x = x) = (λ^x * e^-λ) / x!

P(x = 1) = (2^1 *e^-2) / 1!

P(x = 1) = (2 * 0.1353352) = 0.2706

P(x ≥ 5) = 1 - P(x < 5)

1 - P(x < 5) = 1 - [p(x = 0) + p(x = 1) + p(x = 2) + p(x = 3) + p(x = 4)]

We obtain and add the individual probabilities. To save computation time, we can use a poisson distribution calculator :

1 - P(x < 5) = 1 - (0.13534+0.27067+0.27067+0.18045+0.09022)

1 - P(x < 5) = 1 - 0.94735 = 0.05265

P(x ≥ 5) = 1 - P(x < 5) = 0.05265

Probability that no emails was received :

x = 0

P(x = 0) = (2^0 *e^-2) / 0!

P(x = 0) = (1 * 0.1353352) / 1 = 0.1353

Smashed Pumpkins Co. paid $160 in dividends and $589 in interest over the past year. The company increased retained earnings by $492 and had accounts payable of $630. Sales for the year were $16,370 and depreciation was $732. The tax rate was 40 percent. What was the company's EBIT

Answers

Answer: $1675.67

Explanation:

Based on the information given in the question, the company's EBIT would be calculated as:

Earnings After Tax will be:

= Retained Earnings + Dividends

= 492 + 160

= 652

Earnings Before Tax will be:

= EAT / (1 - tax rate)

= 652 / (1 - 40%)

= 652 / (1 - 0.40)

= 652/0.60

= 1086.67

EBIT would then be calculated as:

= EBT + Interest

= 1086.67 + 589

= 1675.67

How many miles is 64km?​

Answers

Answer:

The Answer is 39.769 miles

Give an example of one good or service produced in the United States using the command model. Justify your example using research (where did you find this).

Answers

Answer:

An example of production under the command system in the United States is that of the production of roads and passable roads throughout the nation. In this case, it is the production of a public service, and as such it is controlled by the government in all stages of its production: from the identification of the need, through the tender, the construction authorization and the supervision of the results, everything is controlled by the government. This implies that individuals or private companies cannot by their own initiative create this type of road, but rather depend exclusively on the will of the government.

_____political activities include
complaining to one's supervisor,
bypassing the chain of command,
forming coalitions, obstructing
organizational politics, excessively
adhering to rules, developing
contacts outside the organization.
Select one:
a. Illegitimate
b. External
c. Internal
d. Legitimate

= Legitimate​

Answers

I think the answer is c for this question tbh well yah

Legitimate political activities include complaining to one's supervisor, bypassing the chain of command, forming coalitions, obstructing organizational politics, excessively adhering to rules, developing contacts outside the organization. Thus, the correct answer is option D.

What is legitimate political activities?

In political science, legitimacy refers to the right and acceptance of a governing law or regime. Whereas authority refers to a specific position in an established government, legitimacy refers to a system of government—where government refers to a "sphere of influence." Political legitimacy is regarded as a fundamental requirement for governance, without which a government will face legislative deadlock(s) and collapse.

Under legitimate political activity, one can complain to the supervisor, and excessively adhere to rules and regulations. Forming coalitions is also allowed under this type of activity. One can also develop some contacts outside the organization.

Therefore, the correct answer is legitimate political activity.

To learn more about legitimate political activity, click here:

https://brainly.com/question/28170489

#SPJ2

A car dealer acquires a used car for $12,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include $100 for transportation-in. $170 for shipping insurance. $800 for car import duties. $140 for advertising. $1,400 for sales staff salaries. $150 for trimming shrubs.

Answers

Answer:  

$13,070

Explanation:  

The Cost of inventory = all cost of purchase; including costs of conversion and transfer.

Calculation of Inventory Cost FOB ship.  

Cost of Purchase $12,000  

Transportation-in       $100

Shipping insurance    $170

Car import duties      $800

Total Cost              $13,070

During 2018, Raines Umbrella Corp. had sales of $810,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $580,000, $90,000, and $135,000, respectively. In addition, the company had an interest expense of $91,000 and a tax rate of 21 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully deductible.) Suppose the company paid out $55,000 in cash dividends. If net capital spending and net working capital was zero, and if no new stock was issued during the year, what is the net new long-term debt

Answers

Answer:

$6,000

Explanation:

The computation of the net new long term debt is as follows:

But before that following calculations to be done:

Sales $810,000

Less: COGS ($580,000)

Less: S&A Expenses ($90,000)

Less: Depreciation ($135,000)

EBIT $5,000

Less: Interest ($91,000)

Taxable Income ($86,000)

Less: Taxes(21%) $0

Net Income(loss) ($86,000)

Now

OCF = EBIT + Depreciation - Taxes

= $5,000 + $135,000 - $0

= $140,000

Change in NWC = Net capital spending = Net new equity = 0

Cash flow from assets = OCF - Change in NWC - Net capital spending

= $140,000 - $0 - $0

= $140,000

Cash flow to stockholders = Dividends - Net New Equity

= $55,000 - $0

= $55,000

Cash flow to creditors = Cash flow from assets - Cash flow to stockholders

= $140,000 - $55,000

= $85,000

Cash flow to creditors = Interest - Net new LTD

$85,000 = $91,000 - Net new LTD

So,

Net new LTD is

= $91,000 - $85,000

= $6,000

You are the executive vice president for Cooper Tire, the sixth largest U.S. tire maker. You have the responsibility to locate land for a new distribution center in Mississippi, and you own over 1,000 acres of land near one site in Tupelo. This could create for you:________.
A) a code of ethics.
B) the usual decision-making problems of cost versus benefit to Cooper Tire.
C) a wonderful, ethical opportunity to make a lot of money.
D) an ethical opportunity to move the distribution center to your hometown.
E) a conflict of interest.

Answers

Answer:

This could create for you:________.

E) a conflict of interest.

Explanation:

The conflict of interest will occur when, as the executive vice president for Cooper Tire, you decide to buy the land for your company from your own acres of land.  It means that your personal interests (or family, friendships, financial, or other social factors) are being served, perhaps at the detriment of your employer's.  In this situation, it is likely that you could compromise your judgment, decisions, or actions in the workplace by going ahead to acquire this land for your company because you want to serve your personal and community interests.  However, you can avoid the conflict by clearly stating your positions to your company and allow other management staff to make the needed decision with regards to your land.

Which option identifies the process described in the following scenario? In rural Pennsylvania, a farmer joins a local cooperative to purchase seeds and sell his crops through the Co-op.
- vertical consolidation
- supply chain
- genetic engineering
- horizontal consolidation​

Answers

Answer:

genetic engineering.supply chain

An office's computers are connected in a mesh topology. How many cables are required to connect four computers to each other?

Answers

Soo woo soo woo all is la app Daz XP

Holly Company has the following information for December 1 to December 31. All direct materials are 100% complete.

Beginning balance December 200 units, 20% complete for conversion $14,000
Completed 800 units and transferred to finished goods inventory $131,182
Direct materials 54,000
Direct labor 34,000
Factory overhead Property taxes 6,000
Depreciation 32,000
Utilities 18,000
Indirect labor 4,000
Ending balance December 31, 300 units, 40% complete 30,818

Required:
Calculate equivalent units using the weighted-average and FIFO methods.

Answers

Answer:

Weighted Average : Materials = 1,100 units, Conversion Costs = 920 units

FIFO : Materials = 1,100 units, Conversion Costs = 1,260 units

Explanation:

Weighted Average

Materials

Ending Work In Process (300 ×100 %)         =  300 units

Completed and Transferred (800 ×100 %)   = 800 units

Equivalent units in respect to materials       = 1,100 units

Conversion Costs

Ending Work In Process (300 ×40 %)                    =  120 units

Completed and Transferred (800 ×100 %)            = 800 units

Equivalent units in respect to conversion costs   = 920 units

FIFO

Materials

To finish  Opening Work in Process (200 × 0%)    = 0 units

Started and Completed (800 × 100%)                    = 800 units

Ending Work in Process (300 × 100%)                   = 300 units

Equivalent units in respect to materials                =1,100 units

Conversion Costs

To finish  Opening Work in Process (200 × 80%)    = 160 units

Started and Completed (800 × 100%)                       = 800 units

Ending Work in Process (300 × 40%)                        = 300 units

Equivalent units in respect to materials                    =1,260 units

On the morning of July 15, 2006, fourteen school buses were vandalized. The buses, property of Walt Whitman Middle School, were parked in the "bus barn" on campus. The vandals spray-painted the buses with pictures of dogs. Dogs happen to be the mascot of rival school Edgar Allan Poe Academy. This has led some to believe that some students from EAPA may be the culprits in the incident. Says the mother of one Walt Whitman student, "Oh, yeah, the [Edgar Allan] Poe [Academy] kids are definitely responsible. Those kids don't have any discipline, and they're still stewing over the loss of last week's football game." Police, however, say that they currently have no suspects.

The article above is an example of a human interest story.

True
False

Answers

True
Hope this helps u out I had the same question!!

Validity in interviews is strengthened by the following EXCEPT:
Select one:
a. Prompting respondents to expand on initial responses
b. Building rapport with interviewees
c. Multiple questions cover the same theme
o
d. Constructing interview schedules that contain themes drawn from the literature​

Answers

Answer:

c. Multiple questions cover the same theme

Explanation:

Interview validity is a measure of how specific interview questions are in tandem with the expected competence required.

Validity in interviews is strengthened by the following;

I. Prompting respondents to expand on initial responses.

II. Building rapport with interviewees.

III. Constructing interview schedules that contain themes drawn from the literature.

Generally, broadcast news and text-based news comprises of the following features;

A. Interviews with eyewitnesses: it involves locating people who are a witness to an event and interviewing them directly.

B. Statements by officials: this involves seeking and providing official press statements from various establishments.

What is the relationship of
Stores function and other
departments​

Answers

Answer:

Explanation:

The store function has the responsibility for the receipt custody and distribution of stocks and for the determination of appropriate quantities and qualities of material to be held since order that operational needs, may be in an economic possible therefore, store management can become an important tool. Therefore,every department in a store is supposed to work together to get sales. Managers of each department should work together to ensure each department is staffed and there is enough products.

If you found my answer useful then please mark me brainliest....

The town of Franklin has an economy composed entirely of two equally sized specialized tire manufacturers. Both company X and company Z produce race car tires and airplane tires. Company X is better at producing race car tires than Company Z which is better at producing airplane tires. In order to maximize output, Company X should:_________

a. reduce its production of race car tires in order to commit resources to learn how to better produce airplane tires.
b. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.
c. keep producing both products at the going rate.
d. produce both race car tires and airplane tires on its own and sell its excess race car tires to Company Z for additional airplane tires.

Answers

Answer:

b. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.

Explanation:

Company X has a comparative advantage at producing race car tires

Company Z has a comparative advantage at producing airplane tires.

A country (company) has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries (companies).

A company should specialise only in the production of the good for which it has a comparative advantage.

Company X should specialise in producing race car tires and stop producing airplane tires

Company Z should specialise in producing airplane tires and stop producing race car tires

Answer:

B. abandon the production of airplane tires to fully specialize in the production of race car tires and then trade with Company Z for airplane tires.

Explanation:

Small businesses that sell unique goods and customised packaging generally rely heavily on what type of pricing?

Premium pricing

Economy pricing

Psychological pricing

Pricing for penetration

Answers

Answer:

Premium pricing

Explanation:

In premium pricing, a business sets a price higher than that of its closest competitors. A company selling unique products that have customized packaging should use a premium pricing strategy.

The business should take capitalize on the uniqueness of its products. It should market the products as unique and of high quality, and worthy of their prices. The customized packaging is a selling point and another justification for the premium price.

Until 2002 public accounting firms were self-regulated. Beginning in 2002, public accounting firms auditing SEC registrants became subject to the oversight of which entities?

Answers

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

Until 2002 public accounting firms were self-regulated. Beginning in 2002, public accounting firms auditing SEC registrants became subject to the oversight of the following entity: the Public Company Accounting Oversight Board, also known as PCAOB.

This organization was formed on July 30, 2002, after US Congress passed the Sarbanes-Oxley Act, which became an investor protection Act, generating accountability and transparency when auditing companies after the corruption issues that happened at that time.  

US Security and Exchange Commission oversees and has to approve any actions and changes of PCAOB when auditing companies or broker-dealers to present accurate, clear, and transparent reports.  

Provide examples that serve to explain the differences among the following terms: (1) corporate responsibility; (2) corporate social initiatives; (3) corporate philanthropy

Answers

Answer: See explanation

Explanation:

Corporate responsibility is when an organization helps the society at large by contributing its own quota to the society and addressing certain social issues in such society. Example include giving scholarship to students.

Corporate social initiatives are used by organizations to address social problems, increase opportunities for the deprived, promote environmental justice etc. Examples include reduction in the carbon footprints and the improvement in labor policies.

Corporate philanthropy is when's business seeks the welfare of others and promote it. This is normally done through donation.

Brazil can produce 1 unit of sugarcane with 1 unit of labor and 1 iPod with 8 units of labor, and China can produce 1 unit of sugarcane with 2 units of labor and 1 iPod with 4 units of labor. Which of the following is TRUE?

a. Before trade, China's opportunity cost of one unit of sugar cane is two iPods.
b. China has an absolute advantage in sugar cane production.
c. Both parties benefit if they specialize and trade at terms of one unit of sugar cane for two iPods.
d. With trade, Brazil should specialize in sugar cane and China in iPods.

Answers

Answer:

d. With trade, Brazil should specialize in sugar cane and China in iPods.

Explanation:

As from the given situation it can be seen that Brazil has an absolute advantage while producing the sugarcane as it takes one unit of labor for generating one unit of sugarcane

On the other hand, china has an absolute advantage for generating an ipod as it takes four unit of labor to generate one ipod

Therefore the option d is correct

Marketers can use to link the virtual world of online social networking with the
physical world of retail stores.

Answers

Gamification links the virtual world of online social networking with the physical world of retail stores and other locations.

What are the factors that affect individual productivity?

Answers

Answer:

The factors that affect individual productivity is described below in details.

Explanation:

Important Factors Influencing Employee Productivity:

Work Environment: An employee’s work conditions affect their attitude, energy, and overall production in your organization. Processes: Processes, or their inadequacy, has a tremendous influence on organizational potency.Goals: Clearly illustrated work goals are great for boosting potency levels because they’re dimensions of productivity themselves.

Supervisor: "Our goal is to make add-on sales during 85% of sales. If you make 35
sales, how many add-on sales do you need to make to meet the goal?"

Our goal is to make ad on sales during 85% of sales if you make 35% sales how many add-on on sales do you need to make to meet the goal?

Answers

Answer:

Calculate inventory turnover ratio in each of the following alternative cases

case 1: cash sales 25% of credit slaes credit sales Rs 300000 cross profit 20% on revenue form operations ie net sales closing inventory Rs 160000, opening inventory Rs 40000

case 2: cash sales 20% of Total sales, credit sales Rs 450000, Gross profit 25% on soct opening inventroy Rs 375000, closing inventorys 112500

A stock sells for $10 per share. You purchase 100 shares for $10 a share (i.e., for $1,000), and after a year the price rises to $17.50. What will be the percentage return on your investment if you bought the stock on margin and the margin requirement was
(a) 25 percent,
(b) 50 percent, and
(c) 75 percent? (Ignore commissions, dividends, and interest expense.)

Answers

Answer and Explanation:

The computation is shown below;

a. Rate of return

= (Selling price - purchase price) ÷ (purchase price × margin)

= ($17.50 - $10) ÷ ($10 × 25%)

= $7.50 ÷ 2.50

= 300%

b. Rate of return

= (Selling price - purchase price) ÷ (purchase price × margin)

= ($17.50 - $10) ÷ ($10 × 50%)

= $7.50 ÷ 5

= 150%

c. Rate of return

= (Selling price - purchase price) ÷ (purchase price × margin)

= ($17.50 - $10) ÷ ($10 × 75%)

= $7.50 ÷ 7.50

= 100%

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