Karen austin inc. has issued three types of debt on january 1, 2020, the start of the company’s fiscal year.(a) $10 million, 10-year, 15% unsecured bonds, interest payable quarterly. bonds were priced to yield 12%.(b) $25 million par of 10-year, zero-coupon bonds at a price to yield 12% per year.(c) $20 million, 10-year, 10% mortgage bonds, interest payable annually to yield 12%.
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Business, 21.06.2019 18:30
Why should organizations be allowed to promote offensive, violent, sexual, or unhealthy products that can be legally sold and purchased?
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Business, 22.06.2019 03:10
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
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Business, 22.06.2019 06:30
The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.
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Business, 22.06.2019 19:30
Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center
Answers: 2
Karen austin inc. has issued three types of debt on january 1, 2020, the start of the company’s fisc...
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