Business, 06.10.2019 09:02 jslaughter3
Quatro co. issues bonds dated january 1, 2017, with a par value of $400,000. the bonds’ annual contract rate is 13%, and interest is paid semiannually on june 30 and december 31. the bonds mature in three years. the annual market rate at the date of issuance is 12%, and the bonds are sold for $409,850. a) what is the amount of the premium on these bonds at issuance? b) how much total bond interest expense will be recognized over the life of these bonds? c) how would the bond issuance be presented on the balance sheet on the date of issuance?
Answers: 2
Business, 21.06.2019 23:30
Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?
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Business, 22.06.2019 09:40
Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)
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Business, 22.06.2019 16:30
Penelope summers received certain income benefits in 2018. she received $1,400 of state unemployment insurance benefits, $2,000 from a federal unemployment trust fund and $3,700 workers’ compensation received for an occupational injury. what amount of the compensation must penelope include in her income
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Quatro co. issues bonds dated january 1, 2017, with a par value of $400,000. the bonds’ annual contr...
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