(entries for bond transactions) on january 1, 2017, aumont company sold 12% bonds having a maturity value of $500,000 for $537,907.37, which provides the bondholders with a 10% yield. the bonds are dated january 1, 2017, and mature january 1, 2022, with interest payable december 31 of each year. aumont company allocates interest and unamortized discount or premium on the effective-interest basis. instructions (round answers to the nearest cent.) (a) (b) (c) (d) prepare the journal entry at the date of the bond issuance. prepare a schedule of interest expense and bond amortization for 2017–2019. prepare the journal entry to record the interest payment and the amortization for 2017. prepare the journal entry to record the interest payment and the amortization for 2019.

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Joe said “your speech was really great, i loved it.” his criticism lacks which component of effective feedback? a) he did not recognize his ethical obligations b) he did not focus on behavior c) he did not stress the positive d) he did not offer any specifics

Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)