subject
Business, 30.03.2020 19:22 danbat3023

On January 1, 2019, French Company issued $74,000 of five-year, 8% bonds when the market interest rate was 12%. The issue price of the bonds was $62,000. French uses the effective-interest method of amortization for bond discount. Semiannual interest payments are made on June 30 and December 31 of each year. How much interest expense will be recorded when the first interest payment is made? (Round your answer to the nearest dollar number.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:30
Jade international is a highly diversified global firm with headquarters in new jersey. it manufactures a variety of products ranging from home security systems to automotive components. jade's 100,000 employees work at facilities located in more than 60 countries around the world. jade frequently sends american managers overseas to manage the firm's foreign facilities. the hr department is considering the idea of redesigning jade's expatriate support services program.which of the following, if true, best supports jade's decision to provide assistance to trailing spouses in finding jobs overseas? a) jade puts great emphasis on promoting the role of women in global management.b) the majority of jade's expatriate managers have long-term international experience.c) jade has lost a significant chunk of its global cadre in the recent past owing to its failure to offer feasible options to address the dual-career couples dilemma.d) female managers at jade have reported discriminatory treatment while on overseas assignments.
Answers: 1
question
Business, 22.06.2019 03:30
Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.
Answers: 2
question
Business, 23.06.2019 03:30
Which of the filling is a social news site
Answers: 3
question
Business, 23.06.2019 11:00
Match each event to its effect on the equilibrium interest rate and the amount of investment in the loanable funds market. higher interest rate, greater investment higher interest rate, less investment lower interest rate, less investment lower interest rate, greater investment immediate consumer gratification is no longer preferred by people. an efficient new source of energy effectively increases the return on owning a factory. a wave of retirees stops working and begins drawing on retirement savings.
Answers: 3
You know the right answer?
On January 1, 2019, French Company issued $74,000 of five-year, 8% bonds when the market interest ra...
Questions
question
Mathematics, 05.05.2020 09:23
question
Mathematics, 05.05.2020 09:23
question
Mathematics, 05.05.2020 09:23
question
Chemistry, 05.05.2020 09:23
Questions on the website: 13722361