Stafford co. issued $200,000 face value, 6%, 10-year bonds on january 1, 2017 for $172,740. the market rate of interest was 8%. interest is payable semi-annually on june 30 and december 31. staffer uses the effective interest method to amortize bond premium or discount. (a) determine the amount of interest expense to be recorded with the first cash interest payment. $answer (b) determine the carrying value of the bonds on december 31, 2017, after the interest payment has been made. $answer (c) how much interest expense would be recorded on the 2017 income statement? $answer (d) if the bonds are selling at 103 on december 31, 2018, have market interest rates increased or decreased since the bonds were issued? answer

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission

Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes

On analyzing her company’s goods transport route, simone found that they could reduce transport costs by a quarter if they merged different transport routes. what role (job) does simone play at her company? simone is at her company.