On may 1, 2018, payne co. issued $1,500,000 of 7% bonds at 103, which are due on april 30, 2028. twenty detachable stock warrants entitling the holder to purchase for $40 one share of payne's common stock, $15 par value, were attached to each $1,000 bond. the bonds without the warrants would sell at 96. on may 1, 2018, the fair value of payne's common stock was $35 per share and of the warrants was $2. reference: ref 16-2 on may 1, 2018, payne should record the bonds with a group of answer choices discount of $16,800. discount of $15,000. discount of $60,000. premium of $45,000.

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))