subject
Business, 04.10.2019 19:20 alex7078

Mumm co. issued 10-year $200,000 debenture bonds on january 1, 2015. the bonds pay interest semiannually. mumm uses the effective interest method to amortize bond premiums and discounts. the carrying value of the bonds on january 1, 2015 was $185,953. a journal entry was recorded for the first interest payment on june 30, 2015, debiting interest expense for $13,016 and crediting cash for $12,000. what is the annual stated interest rate for the debenture bonds?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:50
Tyler has coffee with one of his direct reports almost daily. he does this to inquire in an informal way about progress on the job, and to provide coaching and support, as well as appropriate congratulations for special efforts. tyler is exhibiting which type of managerial skill?
Answers: 1
question
Business, 21.06.2019 21:30
Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.
Answers: 3
question
Business, 22.06.2019 02:40
The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u.s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19
Answers: 3
question
Business, 22.06.2019 11:30
11.     before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d   incorrect which answer is right?
Answers: 2
You know the right answer?
Mumm co. issued 10-year $200,000 debenture bonds on january 1, 2015. the bonds pay interest semiannu...
Questions
question
Biology, 01.06.2021 19:00
question
Arts, 01.06.2021 19:00
question
Mathematics, 01.06.2021 19:00
question
Mathematics, 01.06.2021 19:00
question
Mathematics, 01.06.2021 19:00
Questions on the website: 13722362