On July 1, Year 1, Walsh Co. acquired a noncurrent investment in bonds. It paid $11,490,800 for 8%, 10-year bonds with a face amount of $10 million. Interest is paid semiannually on December 31 and June 30, and the effective interest rate is 6%. Assuming the effective-interest method is used to account for the investment, the carrying amount of the bonds at December 31, Year 1, is: a. $10,000,000
b. $11,380,248
c. $11,435,524
d. $11,490,800

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.