Chang corporation issued $6,000,000 of 9%, ten-year convertible bonds on july 1,2017 at 96.1 plus accrued interest. the bonds were dated april 1, 2017 with interestpayable april 1 and october 1. bond discount is amortized semiannually on astraight-line basis. on april 1, 2018, $1,200,000 of these bonds were converted into500 shares of $20 par value common stock. accrued interest was paid in cash at thetime of conversion.

what should be the amount of the unamortized bond discounton april 1, 2018 relating to the bonds converted?
a. $46,800.
b. $43,200.
c. $23,400.
d. $44,400.

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer

Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs

Which of the following most accurately describes how the equilibrium price of a good or service can be determined? a. by moving the supply curve right or left until it matches the demand curve. b. by finding where the supply curve and the demand curve intersect. c. by doing market research to determine the maximum price consumers will pay. d. by taking the opposite of the columns in a supply schedule and a demand schedule.