Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 13, 2024

pls help with these 2 questions A bond with a face value of $300,000 and a quoted price of 97 has a selling price of

pls help with these 2 questions

A bond with a face value of $300,000 and a quoted price of 97 has a selling price of A. $291,000 B. $300,097 C. \$309,278 D. $300,000 Holder Company issued $400,000,6%, eight-year bonds for 111 , with interest paid annually. Assuming straight-line amortization, what is the carrying value of the bonds after one year? A. $449,500 B. $441,250 C. $438,500 D. $444,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

1. Why are descriptive statistics so important? a) They allow us to get to know our data b) They allow us to assess our blind dates c) They allow us to describe our data to others d) Both a) and c)...

Answered: 1 week ago

Question

★★★★★

Jerome is an elderly man who lives with his nephew, Philip. Jerome is totally dependent on Philips support. Philip tells Jerome that unless Jerome transfers a tract of land he owns to Philip for a...

Answered: 1 week ago

Question

★★★★★

Find the compound amount for the deposit and the amount of interest earned. $18,000 at 6% compounded monthly for 11 years The compound amount after 11 years is $ (Do not round until the final answer....

Answered: 1 week ago

Question

★★★★★

Which of the following would provide information that the data gathered in an audit data analytic is consistent? O verifying sequential numbers confirming date information from different locations...

Answered: 1 week ago

Question

★★★★★

Sophie is the HIM director at Medical Center of Alabama. The Medical Center of Alabama is part of a five-hospital chain and two health clinics known as Hometown Health. Sophie earned her RHIA five...

Answered: 1 week ago

Question

★★★★★

2.18 Given the following project (all times are in days Activity Predecessor Normal time Normal cost Crash time Crash cost A 3 $40 2 $80 B A 2 20 1 80 C A 2 20 2 20 D A 4 30 1 120 E B 3 10 1 80 a....

Answered: 1 week ago

Question

★★★★★

John's accounting firm has been receiving backlash for its lack of inclusivity. John is frustrated with the feedback. John intentionally recruits in diverse neighborhoods and his staff is racially...

Answered: 1 week ago

Question

★★★★★

Provide a single graph containing side-by-side boxplot that show the Weight of bears by Sex . Describe this boxplot. Calculate numerical statistics of variable Weight . For example: mean, five number...

Answered: 1 week ago

Question

★★★★★

Consider the RLC circuit shown below, where the inital current flowing through the circuit at time t = 0 is Io = 5, and the initial charge on the capacitor at time t = 0) is Qo = 2. The components...

Answered: 1 week ago

Previous Question Next Question