subject
Business, 26.11.2019 23:31 Nweze1760

On january 1, 2018, wonderland sales issued $28,000 in bonds for $20,300. these are eight−year bonds with a stated interest rate of 13% and pay semiannual interest. wonderland sales uses the straightminus−line method to amortize the bond discount. what is the bond carrying amount after the first interest payment on june 30, 2018? (round your intermediate answers to the nearest dollar.)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:50
Problem 9-5. net present value and taxes [lo 1, 2] penguin productions is evaluating a film project. the president of penguin estimates that the film will cost $20,000,000 to produce. in its first year, the film is expected to generate $16,500,000 in net revenue, after which the film will be released to video. video is expected to generate $10,000,000 in net revenue in its first year, $2,500,000 in its second year, and $1,000,000 in its third year. for tax purposes, amortization of the cost of the film will be $12,000,000 in year 1 and $8,000,000 in year 2. the company’s tax rate is 35 percent, and the company requires a 12 percent rate of return on its films. required what is the net present value of the film project? to simplify, assume that all outlays to produce the film occur at time 0. should the company produce the film?
Answers: 2
question
Business, 22.06.2019 20:30
What talents or skills do u admire most in others
Answers: 2
question
Business, 23.06.2019 01:00
Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) current bond price
Answers: 2
question
Business, 23.06.2019 02:50
Three years ago, stock tek purchased some five-year macrs property for $82,600. today, it is selling this property for $31,500. how much tax will the company owe on this sale if the tax rate is 34 percent? the macrs allowance percentages are as follows, commencing with year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.
Answers: 1
You know the right answer?
On january 1, 2018, wonderland sales issued $28,000 in bonds for $20,300. these are eight−year bonds...
Questions
question
Mathematics, 04.10.2019 20:30
question
History, 04.10.2019 20:30
Questions on the website: 13722359