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disa [49]
2 years ago
11

On August 1, Year 1, Ant Company sold Bee Company $1,500,000 of 10-year, 6% bonds, dated July 1 at 100 plus accrued interest. On

March 1, Year 2, Bee sold half of the bonds for $782,500 plus accrued interest. Present entries to record the following transactions:
Bee Company:

a. Purchase of bonds on August 1, Year 1.
b. Receipt of first semiannual interest amount on December 31, Year 1.
c. The sale of the bonds on March 1, Year 2.

Business
1 answer:
avanturin [10]2 years ago
8 0

Answer:

please find solution in the attached picture

Explanation:

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In the competitive sports drink market, Gatorade pays very close attention to the activities of Powerade, a major __________ com
cricket20 [7]

Answer:

c. Brand competitor

Explanation:

Brand competitor -

It refers to the fued or competitive situation between any two companies or organization , producing similar types of goods and services , is referred to as brand competition.

Since , both the companies are always targeting each other .

Both the companies tries to adapt new and innovative method for their goods and services , in order to have better hand on the product .

Hence , from the given scenario of the question ,

The correct option is c. Brand competitor .

7 0
2 years ago
If a computer virus spreads rapidly through a company's computer system and threatens to shut down all internal and external lin
lorasvet [3.4K]
If a computer virus spreads rapidly through a company's computer system and threatens to shut down all internal and external lines of communication, the company will likely put a contingency <span>plan into effect. 
</span>A contingency <span>plan is part of the risk management that deals with risks that</span> have catastrophic consequences. In this case the computer virus is a risk with catastrophic consequences: shut down communication. 
6 0
2 years ago
Beck Kubiak wishes to purchase new appliances for her home. The total cost for the appliances is $2,900. To finance the purchase
Flura [38]

Answer:

total finance charge = $203.08

her monthly payment = $105.13

Explanation:

The Loan amount = Cost of Appliance - Down Payment

                              = $2,900 - ($2,900 × 20%)

                              = $2,320

Change the APR to nominal compounding,

Using a Financial Calculator, this will be :

8.50 % Shift EFF%

12 Shift P/YR

Shift NOM % = 8.19%

Then calculate the <em>monthly payment</em> as follows :

Pv = $2,320

n = 24

p/yr = 12

r = 8.19%

Fv = $0

PMT = ?

Using a Financial Calculator, monthly payment, PMT is $105.13

Total Finance Charge will then be obtained from the amortization schedule from the First Period to the 24th Period and this will be : $203.08.

5 0
2 years ago
Which situation is an example of comparative advantage in an international market?
Yanka [14]

Answer:

B

Explanation:

3 0
2 years ago
Read 2 more answers
Sun Co. was constructing fixed assets that qualified for interest capitalization. Sun had the following outstanding debt issuanc
inessss [21]

Answer:

the interest rate that should be determined the capitalized interest is 8.57%

Explanation:

The computation of the interest rate that should be determined the capitalized interest is shown below;

= $6,000,000 ÷ ($6,000,000 + $8,000,000) × 0.08 + $8,000,000 ÷  ($6,000,000 + $8,000,000) × 0.09

= 0.0857

= 8.57%

Hence, the interest rate that should be determined the capitalized interest is 8.57%

The same would be considered

7 0
1 year ago
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