Barrington Corporation paid $26,000 to have bond certificates printed and engraved, $100,000 in legal fees, and $8,000 to a CPA for registration information. Barrington sold the bonds to an underwriter. The spread between the price the underwriter paid and the resale price was $230,000. What is the amount of debt issue costs?

The bond's issue costs is $364000

Explanation:

The issue costs of the debt financing is listed below:

Payment for printing and engraving $26000

Legal fees                                            $100000

Professional fees                                  $8000

Underwriter's spread                           $230000

Total issue costs                                   $364000

All the above highlighted costs are relevant to the bond's issuance ,hence they are added up in arriving at the bond's issuance costs.

The spread between the payment by the underwriter and the retail price is essential so as to ensure the number of bonds planned can be sold quickly.

It is more like the payment to the underwriter to underwrite and ensure everything is sold.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation: