On december 31, 2018, when the market interest rate is 8%, arnold corporation issues $200,000 of 6%, 10-year bonds payable. the bonds pay interest semiannually. determine the present value of the bonds at issuance (click the icon to view present value of $1 table. (click the icon to view present value of ordinary annuity of $1 table.) (click the icon to view future value of $1 table.) (click the icon to view future value of ordinary annuity of $1 table.) start by calculating the present value of the principal. (enter factor amounts to three decimal places, x. xxx.) value factor pv of principal now calculate the present value of the stated interest. (enter factor amounts to three decimal places, x. xxx.) value xsemiannual interest rate factor pv of stated interest finally, calculate the present value of bonds payable pv of principal + pv of stated interestpv of bonds payable enter any number in the edit fields and then continue to the next question

On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.

Sports leave thousands of college athletes with little time for their studies. this is an example of

P8-4b dropping unfavorable division based on the following analysis of last year's operations of groves, inc., a financial vice president of the company believes that the firm's total net income could be increased by $160,000 if its design division were discontinued. (amounts are given in the thousands of dollars.) required provide answers for each of the following independent situations: a. assuming that total fixed costs and expenses would not be affected by discontinuing the design division, prepare an analysis showing why you agree or disagree with the vice president. b. assume that the discontinuance of the design division will enable the company to avoid 30% of the fixed portion of cost of services and 40% of the fixed operating expenses allocated to the design division. calculate the resulting effect on net income. c. assume that in addition to the cost avoidance in requirement (b), the capacity released by discontinuance of the design division can be used to provide 6,000 new services that would have a variable cost per service of $60 and would require additional fixed costs totaling $68,000. at what unit price must the new service be sold if groves is to increase its total net income by $180,000?