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Fynjy0 [20]
2 years ago
4

On January 1, Year 1, Hart Company issued bonds with a face value of $110,000, a stated rate of interest of 12 percent, and a fi

ve-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 11 percent at the time the bonds were issued. The bonds sold for $114,065. Hart used the effective interest rate method to amortize the bond premium.
Prepare an amortization table.
Business
1 answer:
NikAS [45]2 years ago
8 0

Answer:

Bond amortization table is attached with this answer please find it.

Explanation:

When the Bond is issued on the price more than its face value, the extra amount from face value received is called Bond Premium.

This premium is amortised over bond's life to maturity. It is adjusted in the interest payment to reduce the interest expense of each period.

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The perfect rose co. has earnings of $1.70 per share. the benchmark pe for the company is 20. what stock price would you conside
GuDViN [60]

The Perfect Rose Co. has earnings of $1.70 per share. The benchmark PE for the company is 20.

What stock price would you consider appropriate? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

  Stock price = Earning per Share * PE Ratio

Stock price = 1.70*20

Stock price = $ 34

What if the benchmark PE were 23? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Stock price = Earning per Share * PE Ratio

Stock price = 1.70*23

<span>Stock price = $ 39.10</span>

4 0
1 year ago
What is credit crunch ? in your own words. ​
givi [52]

Answer:

it is the sudden ruduction of available money or credit in the banks or lenders

6 0
11 months ago
Land costing $71,000 was sold for $50,000 cash. The loss on the sale was reported on the income statement as other expense. On t
Nataliya [291]

Answer:

c. $50,000

Explanation:

The investing activities of cash flow deals with the actual cash received/paid by the entity/corporation from the investing activities. Since in the given question, the actual cash received by the entity from the sale of lands amounts to $50,000, therefore the $50,000 shall be included in the investing activity section of the Cash flows from the sale of land and accordingly the answer shall be c. $50,000

4 0
1 year ago
In a team that follows agile, how would a team member know what others are working on? 1. The Product Owner and the Facilitator
MaRussiya [10]

Answer:

Option 3 is the correct answer.

Explanation:

  • An agile operating paradigm corresponds to their functioning style, whereby the guidelines, like other types of functioning models, do never remain static in all situations but adjust appropriately to the conditions that occur as the research starts.
  • For all-inclusive marketing, the guidelines are also not strict and will concentrate mostly on design specifications.  

The other alternative in question is not linked to the specified scenario. So Option 3 is the best one.

8 0
1 year ago
Tulsa Company, (a merchandising Co.) has the following data pertaining to the year ended December 31, 2016: (CPA adapted) Purcha
Paha777 [63]

Answer:

The cost of goods sold for the year is $460,000.

Explanation:

The value of purchases is given at $450,000.

The value of beginning inventory is given at $170,000.

The value of ending inventory is given at $210,000.

Transportation in is $50,000.

The value of delivery expense is given at $75,000.

The cost of goods sold for the year

=The value of purchases+The value of beginning inventory+Transportation in-The value of ending inventory

=$450,000+$170,000+$50,000-$210,000

=$460,000

5 0
1 year ago
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