Discount Amortization Schedule and Retirement Before maturity, Foster Incorporated sold 5500.000 of 12% bonds onJanuary 1. 2013. for $470,143.47, a price that yields a 14% interest rate. The bonds pay interest semiannually on June 30and December 31 and are due December 31. 2016. Foster uses the effective interest method. Required:1. Prepare an interest expense and discount amortization schedule.2 Assume the company reacquired the bonds on July 1, 2015, at 104. Prepare journal entries to record the bondretirement.

Technology corp. is considering a $238,160 investment in a new marketing campaign that it anticipates will provide annual cash flows of $52,000 for the next five years. the firm has a 6% cost of capital. what should the analysis indicate to the firm's managers?

Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?