Business, 13.08.2021 02:50 krystlemiller4307

On January 1, 2021, Yellow Company issued a 4% $100,000 bond for $92,000. The market rate for a bond of this type is 6%. The bond pays interest semi-annually on June 30 and December 31. The bond is a 5-year bond. 1) Use the data above. What is the total interest expense for this bond on June 30, 2021 assuming that the company uses the effective interest method of amortization?
2) Use the data above. What is the total interest expense for this bond on December 31, 2021 assuming that the company uses the effective interest method of amortization?
3) Use the data above. What is the carrying value of the bond on December 31, 2021 assuming the company uses the straight-line method of amortization?
4) Use the data above. What is the total interest expense for the bond at June 30, 2021 assuming the company uses the straight-line method of amortization?
5) Use the data above. What is the carrying value of the bond on December 31, 2024 assuming the company uses the straight-line method of amortization?
6) Use the data above. What is the total interest expense over the life of this bond assuming the straight-line method of amortization?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 06:10

Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y

Answers: 1

Answer

Business, 22.06.2019 19:00

Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.

Answers: 3

Answer

Business, 22.06.2019 21:50

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.

Answers: 1

Answer

Business, 22.06.2019 22:40

Problem 3: access control pokeygram, a cutting-edge new email start-up, is setting up building access for its employees. there are two types of employees: managers and engineers, and there are three departments: security, networking, and human resoures. each employee works in a single department, and each department is housed on a different floor. managers are allowed access to any floor, while engineers are allowed access only to their own floor. there are three badge-operated elevators, each going up to only one distinct floor. every employee has one badge. pokeygram wants to use the best possible access control method in order to minimize delay for the elevators (a) access control matrix, 1. which of the following would you recommend that pokeygram use: (b) access control lists, or (c) capabilities? make sure to justify your answer. 2. what, if any, would be the benefits (and/or disadvantages) of using rbac (role-based access control) in this situation? keep your solution for this problem limited to 10-12 lines of text.

Answers: 2

Answer

You know the right answer?

On January 1, 2021, Yellow Company issued a 4% $100,000 bond for $92,000. The market rate for a bond...

Questions