Constantine Co issues $325,000 of 10%, four-year bonds dated January 1, 2015, that pay interest semiannually on
June 30 and December 31. The market rate is 8% at the
issue date. Bonds are sold a 115.85%
Required
1. Prepare the January 1, 2015, journal entry to recor
the bonds' issuance.
2. Determine the total bond interest expense to be
recognized over the bonds' life.
3. Prepare a straight-line amortization table for the
bonds' first two years.
4. Prepare the journal entries to record the first two
interest payments.

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect to happen to the number of suppliers in the industry and the price of jelly? the number of suppliers will increase, and the price of jelly will fall. the number of suppliers will decrease, and the price of jelly will increase. the number of suppliers will increase, and the price of jelly will increase. the number of suppliers will decrease, and the price of jelly will fall.

Is will able to claim r.j. as a qualifying child for the earned income credit (eic)?