Business, 15.04.2020 03:59 jujurae03

On january 1, applied technologies corporation (atc) issued $650,000 in bonds that mature in 10 years. the bonds have a stated interest rate of 12 percent. when the bonds were issued, the market interest rate was 12 percent. the bonds pay interest once per year on december 31. determine the price at which the bonds were issued and the amount that atc received at issuance. complete the required journal entries to record the bond issuance and the first interest payment on december 31 assuming no interest has been accrued earlier in the year. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:30

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission

Answers: 1

Answer

Business, 21.06.2019 23:30

Renaldo scanlon is a financial consultant. he earns $30 per hour and works 32.5 hours a week. what is his straight-time pay?

Answers: 1

Answer

Business, 22.06.2019 11:30

17. chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c incorrect which is correct answer?

Answers: 2

Answer

Business, 22.06.2019 20:20

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Answers: 3

Answer

You know the right answer?

On january 1, applied technologies corporation (atc) issued $650,000 in bonds that mature in 10 year...

Questions