subject
Business, 16.04.2020 00:59 milkshakegrande101

Sheridan Company purchased $1750000 of 10% bonds of Scott Company on January 1, 2021, paying $1650375. The bonds mature January 1, 2031; interest is payable each July 1 and January 1. The discount of $99625 provides an effective yield of 11%. Sheridan Company uses the effective-interest method and plans to hold these bonds to maturity.

On July 1, 2021, Sheridan Company should increase its Debt Investments account for the Scott Company bonds by:

a. $4981.
b. $3271.
c. $6541.
d. $9963.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 04:00
Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic
Answers: 2
question
Business, 22.06.2019 19:00
Question 55 ted, a supervisor for jack's pool supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. given ted's earlier track record, he was not fired immediately. the authorities decided to give him an administrative leave, without pay, until the investigation was complete. in view of the given information, it would be most appropriate to say that ted was: demoted. discharged. suspended. dismissed.
Answers: 2
question
Business, 22.06.2019 19:00
It is estimated that over 100,000 students will apply to the top 30 m.b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m.b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m.b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent
Answers: 3
question
Business, 22.06.2019 21:00
Adecision is made at the margin when each alternative considers
Answers: 3
You know the right answer?
Sheridan Company purchased $1750000 of 10% bonds of Scott Company on January 1, 2021, paying $165037...
Questions
question
Mathematics, 03.12.2020 01:50
question
Geography, 03.12.2020 01:50
question
Mathematics, 03.12.2020 01:50
question
Mathematics, 03.12.2020 01:50
question
Mathematics, 03.12.2020 01:50
question
History, 03.12.2020 01:50
Questions on the website: 13722367