On january 1, 2018, charlie co. received $308,000 for bonds with a face amount of $320,000. the stated rate of interest is 8% while the current market rate of interest is 10%. using the effective interest method, how much interest expense is recognized by charlie co. in (assume annual interest payments and amortization)?

The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.