Business, 19.12.2019 05:31, sarabell7626

On january 1, 2021, universe of fun issues $780,000, 9% bonds that mature in 15 years. the market interest rate for bonds of similar risk and maturity is 10%, and the bonds issue for $720,047. interest is paid semiannually on june 30 and december 31. complete the first three rows of an amortization schedule.

date cash paid interest expense increase in carrying value carrying value

01/01/15

06/30/15

12/31/15

2. & 3.

record the issuance of the bonds on january 1, the interest payments on june 30, and december 31, 2015. (if no journal entry is required for a transaction, select "no journal entry required" in the first account field. round your answers to the nearest whole dollar amount.)

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:40, izzynikkie

Microsoft's stock price peaked at 6118% of its ipo price more than 13 years after the ipo suppose that $10,000 invested in microsoft at its ipo price had been worth $600,000 (6000% of the ipo price) after exactly 13 years. what interest rate, compounded annually, does this represent? (round your answer to two decimal places.)

Answers: 1

continue

Business, 22.06.2019 16:50, bandzlvr

Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?

Answers: 2

continue

Business, 22.06.2019 23:20, s945924

Warby parker, a manufacturer of fashionable prescription eyewear, notes on its website, "warby parker was founded with a rebellious spirit and a loft objective: to offer designer eyewear at a revolutionary price, while leading the way for socially-conscious business." this excerpt from the company's website states warby parker's

Answers: 1

continue

Business, 23.06.2019 00:30, RSanyuathey711

Braden’s ice cream shop is losing business. he knows that customers are no longer choosing his product because a competing product has become less expensive, yet he has refused to lower his prices. what has happened to braden’s business?

Answers: 1

continue

Do you know the correct answer?

On january 1, 2021, universe of fun issues $780,000, 9% bonds that mature in 15 years. the market in...