Hsu company issued $100,000 of 8% bonds on january 1, 20y8, at face value. the bonds pay interest semiannually on june 30 and december 31, 20y8. the total interest expense related to these bonds for the year ended december 31, 20y8, is

$8,000

Explanation:

The computation of the total interest expense is shown below:

On June 30

= Face value × rate of interest × number of months ÷ (total number of months in a year)  

= $100,000 × 8% × (6 months ÷ 12 months)

= $4,000

The 6 months is calculated from January 1 to June 30

On December 31

= Face value × rate of interest × number of months ÷ (total number of months in a year)  

= $100,000 × 8% × (6 months ÷ 12 months)

= $4,000

The 6 months is calculated from  June 30 to December 31

So, the total interest expense would be

= $4,000 + $4,000

= $8,000

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.