Business, 24.04.2020 22:31 eddyjunior679
A company issued 8%, 15-year bonds with a par value of $500,000 that pay interest semiannually. The market rate on the date of issuance was 8%. The journal entry to record each semiannual interest payment is: Multiple Choice Debit Bond Interest Payable $33,333; credit Cash $33,333. No entry is needed, since no interest is paid until the bond is due. Debit Bond Interest Expense $40,000; credit Cash $40,000. Debit Bond Interest Expense $450,000; credit Cash $450,000. Debit Bond Interest Expense $20,000; credit Cash $20,000.
Answers: 2
Business, 22.06.2019 12:20
Consider 8.5 percent swiss franc/u.s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00
Answers: 2
Business, 22.06.2019 19:50
Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:
Answers: 1
Business, 22.06.2019 21:20
In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.
Answers: 3
A company issued 8%, 15-year bonds with a par value of $500,000 that pay interest semiannually. The...
Chemistry, 09.09.2020 04:01
Biology, 09.09.2020 04:01
Geography, 09.09.2020 04:01
Mathematics, 09.09.2020 04:01
History, 09.09.2020 04:01
Mathematics, 09.09.2020 04:01