Business, 20.02.2022 14:50, Kingmoney959
On June 30, 2016, King Co. had outstanding 9%, $5,000,000 face value bonds maturing on June 30, 2021. Interest was payable semiannually every June 30 and December 31. On June 30, 2016, after amortization was recorded for the period, the unamortized bond premium and bond issuance costs were $30,000 and $50,000, respectively. On that date, King acquired all its outstanding bonds on the open market at 98 and retired them. At June 30, 2016, what amount should King recognize as gain before income taxes on redemption of bonds?
Answers: 2
Business, 21.06.2019 19:40, hollycoleman13
Uppose stanley's office supply purchases 50,000 boxes of pens every year. ordering costs are $100 per order and carrying costs are $0.40 per box. moreover, management has determined that the eoq is 5,000 boxes. the vendor now offers a quantity discount of $0.20 per box if the company buys pens in order sizes of 10,000 boxes. determine the before-tax benefit or loss of accepting the quantity discount. (assume the carrying cost remains at $0.40 per box whether or not the discount is taken.)
Answers: 1
Business, 22.06.2019 00:00, kyllow5644
Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.
Answers: 1
Business, 22.06.2019 11:40, sriggins1375
Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:
Answers: 1
On June 30, 2016, King Co. had outstanding 9%, $5,000,000 face value bonds maturing on June 30, 2021...
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