Pina Corporation owns machinery that cost $ 23,200 when purchased on July 1, 2017. Depreciation has been recorded at a rate of $ 2,784 per year, resulting in a balance in accumulated depreciation of $ 9,744 at December 31, 2020. The machinery is sold on September 1, 2021, for $ 6,032. Prepare journal entries to (a) update depreciation for 2021 and (b) record the sale

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.

Anational survey asked people, "how often do you eat out for dinner, instead of at home? " the frequencies were as follows.