Ferris Wheeler Co. issued $10,000 of bonds on January 1, 2018. The bonds pay interest semiannually. This is a partial bond amortization schedule for the bonds. Effective Decrease in Outstanding
Payment Cash interest balance balance
1 400 409 9 9080
2 400 409 9 9089
3 400 409 9 9098
4 400 9107
What is the interest expense on the bonds for the year ended December 31, 2019?
a. $819
b. $818
c. $800
d. $809

$818

Explanation:

In order to calculate interest expense on the bonds for the year ended December 31, 2019, we have to add the interest expense that occurred in the year 2019. As Ferris Wheeler Co. pays interest semiannually with the amount of $409. Two semiannual payment would be

Interest Expense for Dec 31,2019 = $409 +$409

Interest Expense for Dec 31,2019 = $818

the earnings of a typical investor is around $1,000,000 to $10,000,000

hope this !

have a good day!

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.