Happy company produces and sells bath equipment. On July 1, 2016, Happy company issued $44,000,000 of 5-year, 10% bonds at a market interest rate of 8%. Interest of the bond pay quarterly on Oct 31, Dec 31, March 31 and June 30. The Fiscal year of the company is the calendar year. a) Determine the Present Value of the bond payable.
b) Journalize the entry to record the amount cash proceeds from the issuance of the bond on July 1, 2016.
c) Journalize the second quarterly interest payment on Dec 31, 2016 and the amortization/discount of the bond, using the effective interest rate.
d) What is the amount book Bond Payable at the end Dec 31, 2018?

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst