Crawford corporation issues $100,000 of 7% bonds on january 1, year 1. the bonds have a six-year term and pay interest semiannually on june 30 and december 31 each year. assuming a market interest rate of 6%, what is interest expense on the bonds on december 31, year 1?

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

Kim davis is in the 40 percent personal tax bracket. she is considering investing in hca(taxable) bonds that carry a 12 percent interest rate. what is her after- tax yield(interest rate) on the bonds?