subject
Business, 07.10.2020 23:01 abalth8463

On June 30, 2021, Crane Company had outstanding 7%, $8040000 face amount, 15-year bonds maturing on June 30, 2031. Interest is payable on June 30 and December 31. The unamortized balance in the bond discount account on June 30, 2021 was $365000. On June 30, 2021, Crane acquired all of these bonds at 95 and retired them. What net carrying amount should be used in computing gain or loss on this early extinguishment of debt

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:50
Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?
Answers: 2
question
Business, 22.06.2019 07:00
Need true or false 1 2 3 4 5 6 7 8
Answers: 1
question
Business, 22.06.2019 10:10
conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?
Answers: 2
question
Business, 22.06.2019 14:30
Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.
Answers: 1
You know the right answer?
On June 30, 2021, Crane Company had outstanding 7%, $8040000 face amount, 15-year bonds maturing on...
Questions
question
English, 10.10.2021 14:00
question
Mathematics, 10.10.2021 14:00
question
English, 10.10.2021 14:00
question
Business, 10.10.2021 14:00
question
Mathematics, 10.10.2021 14:00
question
Mathematics, 10.10.2021 14:00
question
Chemistry, 10.10.2021 14:00