Business, 12.12.2019 00:31 anabelleacunamu
Fuzzy monkey technologies, inc., purchased as a long-term investment $80 million of 8% bonds, dated january 1, on january 1, 2018. management has the positive intent and ability to hold the bonds until maturity. for bonds of similar risk and maturity the market yield was 10%. the price paid for the bonds was $66 million. interest is received semiannually on june 30 and december 31. due to changing market conditions, the fair value of the bonds at december 31, 2018, was $70 million. required: 1. to 3. prepare the relevant journal entries on the respective dates (record the interest at the effective rate).4. at what amount will fuzzy monkey report its investment in the december 31, 2018, balance sheet? 5. how would fuzzy monkey's 2018 statement of cash flows be affected by this investment? g
Answers: 1
Business, 22.06.2019 19:30
Adisadvantage of corporations is that shareholders have to pay on profits.
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Business, 23.06.2019 02:40
This year, druehl, inc., will produce 60 comma 000 hot water heaters at its plant in delaware, in order to meet expected global demand. to accomplish this, each laborer at the plant will work 200 hours per month. if the labor productivity at the plant is 0.25 hot water heaters per labor hour, how many laborers are employed at the plant? number of laborers employed by the plant = nothing laborers (round your answer to the nearest whole number).
Answers: 2
Business, 23.06.2019 09:50
The goal of an economist who formulates new theories is to a. provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b. provoke stimulating debate in scientific journals. c. contribute to an understanding of how the world works. d. demonstrate that economists, like other scientists, can formulate testable theories.
Answers: 1
Business, 23.06.2019 12:30
Zowns a disability income policy with a 30-day elimination period. z contracts pneumonia that leaves him unable to work from january 1 until january 15. z then becomes disabled from an accident on february 1 and the disability lasts until july 1 the same year. z will become eligible to receive benefits starting on
Answers: 2
Fuzzy monkey technologies, inc., purchased as a long-term investment $80 million of 8% bonds, dated...
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