Constantine Co issues $325,000 of 10%, four-year bonds dated January 1, 2015, that pay interest semiannually on
June 30 and December 31. The market rate is 8% at the
issue date. Bonds are sold a 115.85%
Required
1. Prepare the January 1, 2015, journal entry to recor
the bonds' issuance.
2. Determine the total bond interest expense to be
recognized over the bonds' life.
3. Prepare a straight-line amortization table for the
bonds' first two years.
4. Prepare the journal entries to record the first two
interest payments.

The green fiddle has declared a $5 per share dividend. suppose capital gains are not taxed, but dividends are taxed at 15 percent. new irs regulations require that taxes be withheld at the time the dividend is paid. green fiddle stock sells for $71.50 per share, and the stock is about to go ex-dividend. what will the ex-dividend price be?

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?