subject
Business, 08.02.2021 21:40 christinamonte122

On January 1, 2021, Bradley Recreational Products issued $180,000, 9%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $174,183 to yield an annual return of 10%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. 5. Assuming the market rate is still 10%, what price would a second investor pay the first investor on June 30, 2023, for $18,000 of the bonds

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:30
Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.
Answers: 1
question
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
question
Business, 22.06.2019 16:20
Carlos hears juan and rita’s complaints about the new employees with whom they have to work with, as well as their threats to quit the company. if carlos were to reassign juan and rita to new, unique roles and separate them from the ronny and bill, it would signal that carlos has moved into the stage of managing resistance.
Answers: 3
question
Business, 22.06.2019 17:20
Arecession is defined as a period in which
Answers: 1
You know the right answer?
On January 1, 2021, Bradley Recreational Products issued $180,000, 9%, four-year bonds. Interest is...
Questions
question
Mathematics, 02.11.2019 20:31
Questions on the website: 13722363