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vodka [1.7K]
2 years ago
12

On January 1, 2009, AML company issues bonds maturing in 5 years. The par value of the bonds is $10,000, the annual coupon rate

is 4-percent, and the compounding period is semiannually. The market initially prices these bonds using annual market interest rate 6-percent. The market interest rate on June 30, 2010 was 5% and the market interest rate on Dec. 31, 2012 was 8%.1. Were the bonds issued at par, a discount or a premium?2. Calculate the issue price.3. Record journal entry on the date of issuance.4. Will the interest expense increase or decrease over the years?5. Calculate the interest expense on Jun 30, 2010.6. Record journal entry on the interest expense on Jun 30, 2010.

Business
1 answer:
klasskru [66]2 years ago
8 0

Answer:

Explanation:

Solution is attached below

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Hi, Sierra,
hichkok12 [17]

Answer:

Question requires that you find five sentence fragments, one dangling modifier, one passive-voice sentence, and one parallelism fault.

Sentence Fragment

A sentence fragment is so because it is either missing a subject, or a verb, and/ or a complete thought. It is therefore an incomplete sentence.

  • 5. Although no clear line separates fun from profit or a hobby from a business.
  • 12. If you spend eight or more hours a day trading on eBay.
  • 17. If you spend $5 for a garage sale vase and sell it for $50.
  • 18. The IRS would probably consider this a business transaction.
  • 20. Even for eBay sellers who are just playing around. (not a proper sentence)

Dangling Modifier

Attempts to modify an unclear word in the sentence

  • 19. All profits are taxable.

It is unclear what profits the sentence alludes to.

Passive-voice sentence

In Passive voice, the subject of the text is the one that is being acted upon.

  • 13. The IRS would tend to think you are in a business.

Parallelism Fault

This occurs when the sentence is not grammatically parallel. In other words the sentence does not follow as it is not using the same structure.

  • 3. As you are probably already aware, you can use eBay or one of the other sellers to clean out your closets or to run a small business.
5 0
2 years ago
On may 1, the cash account balance was $72,600. during may, cash receipts totaled $345,600 and the may 31 balance was $95,230. d
Sphinxa [80]
<span>$322,970 The expression for the cash balance at the end of the month is B = I + R - P where B = Balance at the end of the month. I = Initial balance at the beginning of the month. R = Receipts received during the month. P = Payments made during the month. So let's substitute the known values we have and solve for P B = I + R - P 95230 = 72600 + 345600 - P 95230 = 418200 - P 95230 + P = 418200 P = 322970 So the cash payments made were $322,970</span>
4 0
2 years ago
Capital budgeting projects typically assume that all cash flows transpire at the end of the year. The reason for this is that:
garri49 [273]

Explanation:

This is an easy way for a manager to make an effective decision to carry out a capital budget project by analyzing a company's inflows and outflows from a period and determining what is the rate of resources and what are the aggregate risks for realization. investment that brings a positive return consistent with organizational objectives.

6 0
2 years ago
1. Why does the sushi robot make​ sense? A. It never rusts out. B. It is faster than a human. C. It replaces humans altogether.
ella [17]

Answer:

C. It replaces human altogether

Explanation:

The current global outlook and focus on robotic sciences indicates that robots have entered into our daily lives. With the emergence of artificial intelligence and IoT internet of things it is evident that fourth industrial revolution would result in replacing humans altogether in almost every profession and aspect of life.

4 0
2 years ago
On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O
Allisa [31]

Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned  method:

Cost to acquire share of the Pacific Corporation             $2,850,000

Less:Net Assets Acquired of Sand Corporation

       Sand Net Assets                     $3,000,000

       Excess value of land               $200,000

       Excess value of equipment    $150,000

       Fair value of non-compete     $300,000

                                                       $3,650,000                 ($3,650,000)    

Add:Net Assets portion of the Non controlling interest   $912,500

($3,650,000*25%)

Good will                                                                              $112,500

3 0
2 years ago
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