subject
Business, 09.10.2019 16:30 NikkiZoeller

On january 1, 2018, bradley recreational products issued $100,000, 12%, four-year bonds. interest is paid semiannually on june 30 and december 31. the bonds were issued at $94,029 to yield an annual return of 14%. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) required: 1. prepare an amortization schedule that determines interest at the effective interest rate. 2. prepare an amortization schedule by the straight-line method. 3. prepare the journal entries to record interest expense on june 30, 2020, by each of the two approaches. 5. assuming the market rate is still 14%, what price would a second investor pay the first investor on june 30, 2020, for $14,000 of the bonds?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:40
Which one of the following is a characteristic of a jit partnership? a. frequent deliveries in large lot quantities b. removal of incoming inspection c. third-party logistics never used d. maximal product specifications imposed on supplier e. active pursuit of vertical integration
Answers: 3
question
Business, 21.06.2019 22:50
What happens when a bank is required to hold more money in reserve?
Answers: 3
question
Business, 22.06.2019 03:00
What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real
Answers: 3
question
Business, 22.06.2019 12:50
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
You know the right answer?
On january 1, 2018, bradley recreational products issued $100,000, 12%, four-year bonds. interest is...
Questions
question
Mathematics, 06.06.2021 20:30
question
English, 06.06.2021 20:30
question
Mathematics, 06.06.2021 20:30
Questions on the website: 13722367