On January 1, 2021, Swifty Corporation redeemed its 15-year bonds of $7050000 par value for 101. They were originally issued on January 1, 2009 at 93 with a maturity date of January 1, 2024. Swifty amortizes discounts and premiums using the straight-line method. What amount of loss should Swifty recognize on the redemption of these bonds (ignore taxes)

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:

Adepression can occur in the expansion phase of a business cycle. true or false

What is marginal costs and benefits might a tour boat operator consider when deciding whether to purchase a new boat?