Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Use the factor tables provided with factors rounded to three decimal places. Round all currency amounts to the nearest whole dollar.) Upon issuance of the bonds payable, the company received $ nothing.

Missing information:

A lot of information is missing, but I found several examples with very similar requirements.

For example:

Company, Inc. issued $500,000 of 14%, 10-year bonds payable on January 1, 2018. The market interest rate at the date of issuance was 12%, and the bonds pay interest semiannually.

In order to determine the market price of the bonds we must add the present value of the bonds' face value + present value of the coupon payments:

PV of face value = $500,000 / (1 + 6%)²⁰ = $155,902.36

PV of coupon payments = $35,000 x 11.470 (PV annuity factor, 6%, 20 periods) = $401,450

market value of the bonds = $557,352.36

The journal entry to record the issuance of the bonds:

January 1, 2018, bonds are issued at a premium

Dr Cash 557,352.36

    Cr Bonds payable 500,000

    Cr Premium on bonds payable 57,352.36

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi