Business, 26.07.2019 06:10 lizdeleon248

On january 1, 2018, water world issues $24.2 million of 6% bonds, due in 20 years, with interest payable semiannually on june 30 and december 31 each year. water world intends to use the funds to build the world’s largest water avalanche and the “tornado”— a giant outdoor vortex in which riders spin in progressively smaller and faster circles until they drop through a small tunnel at the bottom.1-a. if the market rate is 5%, calculate the issue price. (fv of $1, pv of $1, fva of $1, and pva of $1) (use appropriate factor(s) from the tables provided. do not round interest rate factors. round "market interest rate" to 1 decimal place. enter your answers in dollars not in millions.)face amount $24,200,000interest payment $726,000market interest rate 2.5%periods to maturity 40issue price ?

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 15:30

Which of the following statements accurately describes how costs and benefits are calculated?

Answers: 1

Answer

Business, 22.06.2019 15:40

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

Answers: 1

Answer

Business, 22.06.2019 19:00

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.

Answers: 2

Answer

Business, 22.06.2019 21:00

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be:

Answers: 3

Answer

You know the right answer?

On january 1, 2018, water world issues $24.2 million of 6% bonds, due in 20 years, with interest pay...

Questions