On january 1, parson freight company issues 7 % , 10-year bonds with a par value of $2,000,000. the bonds pay interest semiannually. the market rate of interest is 8% and the bond selling price was $1,864,097. the bond issuance should be recorded as: multiple choice debit cash $1,864,097; debit discount on bonds payable $135,903; credit bonds paysble $2,000,000. debit cash $1,864,097; credit bonds payable $1,864,097, debit cash $2,000,000; credit bonds payable $2,000,000 debit cash $2,000,000, credit bonds payable $1864,097; credit discount on bos payable $135,903. debit cash $1864,097; debit interest expense $135,903, credit bonds payable $2,000,000 charger company's most recent balance sheet reports total assets of $27,000,000, total liabilities of $15,000,000 and t debt to equity ratio for the period is (rounded to two decimals) and total equity of $12,000,000. the multiple cholce 180 080 125 0.44 0.56

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?