On january 1, 2017, shay issues $410,000 of 12%, 20-year bonds at a price of 97.50. six years later, on january 1, 2023, shay retires 20% of these bonds by buying them on the open market at 105.00. all interest is accounted for and paid through december 31, 2022, the day before the purchase. the straight-line method is used to amortize any bond discount.1. how much does the company receive when it issues the bonds on january 1, 2017? 2. what is the amount of the discount on the bonds at hanuary 1, 2017? 3. how much amortization of the discount is recorded on the bonds for the entire period from jnauary 1, 2017 through december 31, 2022? 4. what is the carrying value of the bonds as of the close of business on december 31, 2022? what is the carrying value of the 20% soon-to-be-retired bonds on this same date? 5. how much did the company pay on january 1, 2023 to purchase the bonds that it retired? 6. what is the amount of the recorded gain or loss from retiring the bonds? 7. prepare the journal entry to record the bond retirement at january 1, 2023.

What is the state tax rate for a resident of arizona whose annual taxable income is $18,000?

Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct

Why should managers invest any excess cash