On January ​1, 2018 ​, the Nixon Corporation purchased $500,000 par value 6% bonds that mature on December ​31, 2021. The company has the positive intent and ability to hold the bonds until they mature. The market rate of interest was 8% when Nixon purchased the bonds. Nixon receives interest on the bonds semiannually each June 30 and December 31. What future cash inflows will Nixon receive on this​ investment? What is the purchase price of the​ bonds? Did purchase the bonds at a discount or​ premium? Prepare the journal entry to record the acquisition of the bonds. What future cash inflows will receive on this​ investment? The future cash inflows that Nixon will receive on investment is . What is the purchase price of the​ bonds? ​(Use the present value and future value​ tables, the formula​ method, a financial​ calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula​ method, use factor amounts rounded to five decimal​ places, X.. Round intermediary currency computations and your final answers to the nearest whole​ dollar.) The purchase price of the bonds is . Did purchase the bonds at a discount or​ premium? Nixon purchased the bonds at a of . Prepare the journal entry to record the acquisition of the bond investment. ​(Record debits​ first, then credits. Exclude explanations from any journal​ entries.)

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76