subject
Business, 14.05.2021 17:10 jojokeys

On January 1, 2021, El Dorado sold $250,000 of 4% ten-year bonds. Interest is payable semiannually on June 30 and December 31. The bonds were sold for $135,301, priced to yield 12%. El Dorado records interest at the effective rate. El Dorado should report bond interest expense for the six months ended June 30, 2021, in the amount of:

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:10
At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.
Answers: 3
question
Business, 21.06.2019 22:10
Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)
Answers: 3
question
Business, 22.06.2019 13:30
If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?
Answers: 2
question
Business, 22.06.2019 15:00
Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?
Answers: 1
You know the right answer?
On January 1, 2021, El Dorado sold $250,000 of 4% ten-year bonds. Interest is payable semiannually o...
Questions
question
Mathematics, 06.03.2020 03:01
question
English, 06.03.2020 03:02
Questions on the website: 13722367