Business, 01.07.2021 15:50 mathman783
Ellis Company issues 6.5%, five-year bonds dated January 1, 2019, with a $250,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $255,333. The annual market rate is 6% on the issue date. Required
1. Compute the total bond interest expense over the bonds’ life.
2. Prepare an effective interest amortization table for the bonds’ life.
3. Prepare the journal entries to record the first two interest payments.
Answers: 2
Business, 21.06.2019 12:30
Which of the following is not an aspect of a menu's format? shapecolorsizenumber of pages
Answers: 1
Business, 21.06.2019 15:00
What was involved in the american express bluework program? select one: a. employees are provided with opportunities for flexible arrangements b. a system that tracks the hours each employee works in a given day c. employees can work on tasks they choose, as long as they are in the office d. employees who are wary of newer technologies e. employees are provided with better office facilities so they stay in the office longer?
Answers: 3
Business, 21.06.2019 23:30
Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?
Answers: 2
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
Ellis Company issues 6.5%, five-year bonds dated January 1, 2019, with a $250,000 par value. The bon...
History, 15.04.2020 21:24
History, 15.04.2020 21:24
Mathematics, 15.04.2020 21:24
Biology, 15.04.2020 21:24
Mathematics, 15.04.2020 21:24
Mathematics, 15.04.2020 21:24
Mathematics, 15.04.2020 21:24