subject
Business, 29.10.2019 03:31 getsic

On january 1, 2014, purl corp. purchased, as a long-term investment, $500,000 face value shaw, inc. 8% bonds for $456,200. the bonds were purchased to yield 10% interest. purl has the positive intent and ability to hold the bonds until maturity on january 1, 2020. the bonds pay interest annually on january 1, and purl uses the interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, 2015, balance sheet for this long-term investment?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:30
Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls
Answers: 3
question
Business, 22.06.2019 11:00
Which ranks these careers that employers are most likely to hire from the least to the greatest?
Answers: 2
question
Business, 22.06.2019 14:00
Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.
Answers: 1
question
Business, 22.06.2019 22:50
Suppose that the u.s. dollars-mexican pesos exchange rate is fixed by the u.s. and mexican governments. assume also that labor is mobile between the united states and mexico due to low transportation costs.which of the following situations is likely to happen as a result of a simultaneous increase in the demand for u.s. goods and decrease in the demand for mexican goods? (pick mexican unemployment rate increases, and the country undergoes bad economic times for a sustained u.s. unemployment rate increases, and the country undergoes bad economic times for a sustained mexican unemployment rate rises at first, but it soon drops as unemployed mexicans move to the united states for mexican unemployment rate rises at first, but then it drops as mexican pesos depreciate against u.s. dollars.
Answers: 1
You know the right answer?
On january 1, 2014, purl corp. purchased, as a long-term investment, $500,000 face value shaw, inc....
Questions
question
Computers and Technology, 25.06.2019 23:30
Questions on the website: 13722362