On january 1, 2018, solis co. issued its 10% bonds in the face amount of $8,000,000, which mature on january 1, 2028. the bonds were issued for $9,080,000 to yield 8%, resulting in bond premium of $1,080,000. solis uses the effective-interest method of amortizing bond premium. interest is payable annually on december 31. at december 31, 2018, solis's adjusted unamortized bond premium should be:
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Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
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What business practice contributed most to andrew carnegie’s ability to form a monopoly?
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On january 1, 2018, solis co. issued its 10% bonds in the face amount of $8,000,000, which mature on...
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