Business, 14.04.2020 16:11 jalexyinez
Harden Co. issued a $60,000 face value discount note to National Bank on July 1, 2016. The note had a 6 percent discount rate and a one-year term to maturity. Required Prepare general journal entries for the following transactions: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. The issuance of the note on July 1, 2016. b. The adjustment for accrued interest at the end of the year, December 31, 2016. c. Recording interest expense for 2017 and repaying the principal on June 30, 2017.
Answers: 2
Business, 22.06.2019 06:10
Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) wacc %
Answers: 2
Business, 22.06.2019 12:10
Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries
Answers: 1
Harden Co. issued a $60,000 face value discount note to National Bank on July 1, 2016. The note had...
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