Assume bonds are issued on January 1, 2012 and pay interest semiannually on January 1 and July 1 in the amount of $100,000. The fiscal year ends on December 31, 2012. How much expenditures would be recognized in fiscal 2012 and how much expenses would be recognized in fiscal 2012

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as