Abc company issues a bond with a face value of $100,000 on january 1 for $100,000. abc prepares financial statements only at december 31, so no adjusting entries are made during the year to accrue interest. if the bond carries a stated interest rate of 6% payable in cash on december 31 of each year, the journal entry to record the first bond interest payment includes a
a) credit to interest expense
b) debit to interest expense
c) debit to interest payable
d) credit to cash
Answers: 2
Business, 21.06.2019 22:50
Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 2
Business, 22.06.2019 12:50
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
Business, 23.06.2019 17:00
4. why do you think it is important to follow the markkula centers steps to making good decisions?
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Abc company issues a bond with a face value of $100,000 on january 1 for $100,000. abc prepares fina...
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