Business, 20.08.2019 17:20, keesbre

On january 1, 2011, rupar retailers purchased $100,000 of anand company bonds at a discount of $5,000. the anand bonds pay 6% interest but were purchased when the market interest rate was 7% for bonds of similar risk and maturity. the bonds pay interest semi-annually on january 1 and july 1 of each year. rupar accounts for the bonds as a held-to-maturity investment, and uses the effective interest method. in rupar's december 31, 2011 journal entry to record the second period of interest, rupar would record a credit to interest revenue of:

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:20, ktenz

Miller mfg. is analyzing a proposed project. the company expects to sell 8,000 units, plus or minus 2 percent. the expected variable cost per unit is $11 and the expected fixed costs are $287,000. the fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. the depreciation expense is $68,000. the tax rate is 32 percent. the sales price is estimated at $64 a unit, plus or minus 3 percent. what is the earnings before interest and taxes under the base case scenario?

Answers: 1

continue

Business, 22.06.2019 04:00, cameronbeaugh

Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.

Answers: 1

continue

Business, 22.06.2019 11:20, andrea1704

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?

Answers: 3

continue

Business, 22.06.2019 16:00, winstonbendariovvygn

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?

Answers: 3

continue

Do you know the correct answer?

On january 1, 2011, rupar retailers purchased $100,000 of anand company bonds at a discount of $5,00...