Carmen company issued 10-year bonds on january 1. the 15% bonds have a face value of $100,000 and pay interest every january 1 and july 1. the bonds were sold for $117,205 based on the market interest rate of 12%. carmen company uses the effective interest rate method to amortize bond discounts and premiums. on july 1 of the same year, carmen should record interest expense (rounded to the nearest dollar) of a.$7,500. b.$8,790. c.$14,065. d.$7,032.

Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?