subject
Business, 26.12.2019 01:31 dbhuggybearow6jng

On the first day of its fiscal year, chin company issued $10,000,000 of five-year, 7% bonds to finance its operations of producing and selling home improvement products. interest is payable semiannually. the bonds were issued at a market (effective) interest rate of 8%, resulting in chin receiving cash of $9,594,415. journalize the entries to record the following: issuance of the bonds. first semiannual interest payment. the bond discount is combined with the semiannual interest payment. (round to the nearest dollar.) second semiannual interest payment. the bond discount is combined with the semiannual interest payment. (round to the nearest dollar.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:30
Producers can create their maximum combination of goods, s long as what?
Answers: 3
question
Business, 21.06.2019 21:30
Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.
Answers: 3
question
Business, 22.06.2019 22:30
Experts are particularly concerned about four strategic metal resources that are important for the u.s. economy and military strength, and that must be imported. what percentage does the u.s. import? *
Answers: 2
question
Business, 22.06.2019 22:40
Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.
Answers: 3
You know the right answer?
On the first day of its fiscal year, chin company issued $10,000,000 of five-year, 7% bonds to finan...
Questions
question
Mathematics, 20.08.2020 17:01
question
Mathematics, 20.08.2020 17:01
Questions on the website: 13722363