subject
Business, 28.11.2019 19:31 idk12345677

Intertech corporation needed financing to build a new manufacturing plant. on june 30th, 2017, intertech issued $4,350,000 of 8-year bonds with a 6% coupon rate (payments due on december 31st and june 30th). the effective interest rate was 8%. what amount in interest expense did intertech record for the june 30, 2018 payment? select one:

a. $130,500

b. $154,654

c. $174,000

d. $157,671

e. none of the above

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:50
Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Answers: 2
question
Business, 22.06.2019 13:40
A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.
Answers: 3
question
Business, 22.06.2019 14:40
Increases in output and increases in the inflation rate have been linked to
Answers: 2
question
Business, 22.06.2019 16:00
In microeconomics, the point at which supply and demand meet is called the blank price
Answers: 3
You know the right answer?
Intertech corporation needed financing to build a new manufacturing plant. on june 30th, 2017, inter...
Questions
question
Mathematics, 08.12.2020 21:30
question
Mathematics, 08.12.2020 21:30
question
Mathematics, 08.12.2020 21:30
question
Mathematics, 08.12.2020 21:30
question
Mathematics, 08.12.2020 21:30
question
Mathematics, 08.12.2020 21:30
Questions on the website: 13722363