Tanner-unf corporation acquired as a long-term investment $160 million of 5.0% bonds, dated july 1, on july 1, 2018. company management has the positive intent and ability to hold the bonds until maturity. the market interest rate (yield) was 8% for bonds of similar risk and maturity. tanner-unf paid $130.0 million for the bonds. the company will receive interest semiannually on june 30 and december 31. as a result of changing market conditions, the fair value of the bonds at december 31, 2018, was $140.0 million. required: 1. & 2. prepare the journal entry to record tanner-unf’s investment in the bonds on july 1, 2018 and interest on december 31, 2018, at the effective (market) rate. 3. at what amount will tanner-unf report its investment in the december 31, 2018, balance sheet? 4. suppose moody’s bond rating agency downgraded the risk rating of the bonds motivating tanner-unf to sell the investment on january 2, 2019, for $110.0 million. prepare the journal entry to record the sale.

answer; commerce clearing house;

the answer is d i just took the test (provides the number of allowances an employee has claimed.)

answercountries with higher real income per capita tend to have higher levels of this index.

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.