Exhibit 14-2 A $500,000, ten-year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: 6% 7% Present value of 1 0.50835 0.55839 Present value of an annuity of 1 7.02359 7.36009 Refer to Exhibit 14-2. The discount or premium at the date of bond issuance would be: ______.
a. $36.798 premium
b. $10,097 discount
c. $35,117 discount
d. $11.778 premium

Answers

Answer 1

Based on the price of the bond, the coupon rate and the interest, the premium on the bond at issuance would be a. $36.798 premium.

What is the price of the bond?

This can be found as:

= (Coupon x Present value of an annuity 10 years, 6%) + (Face value of bond x Present value factor, 10 years, 6%)

Coupon is:

= 7% x 500,000

= $35,000

Solving for price is:

= (35,000 x 7.36009) + (500,000 x 0.55839)

= $536,798.15

What is the premium?

Because the current selling price is higher than the face value, the bond is said to be trading at a premium of;

=536,798.15 - 500,000

= $36,798

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Related Questions

The demand curve for the product of a firm in a competitive market is ________, and the demand curve for the product of a monopolist is ________.

Answers

Answer:

horizontal; downward sloping are your answers. :)

E-mail is usually a formal mode of business communication. Please select the best answer from the choices provided T F.

Answers

Answer:

F

Explanation:

No because at those formal period email wasn't created the formal mode of business communication was letter through the use of type writters

Answer:

false

Explanation:

Gdp – to be, or not to be…counted? that is the question

directions: for each of the following, determine whether or not it is counted in gdp. if it’s counted, then tell me whether its consumption, investment, government spending, net exports, rent, wages, interest or profit. if it’s not counted, then explain why.

1. paris hilton earns $7.50/hr working at the local grocery store.


2. koko purchases a brand new toyota tundra made in san antonio.


3. the united states marine corps invades austin, texas and in the process spends $5 billion. austin surrenders.


4. on vacation, hugo chavez purchases a goofy hat at walt disney’s magic kingdom. he then declares himself supreme leader of tomorrow land.


5. my father-in-law receives a monthly check for the oil pumped off of his property.


6. intel spends $300 million building a semiconductor factory in san jose, costa rica.


7. intel spends $300 million building a semiconductor factory in san jose, california.


8. former british prime minister tony blair decides to start a boy band and purchases a used volkswagen euro van in which to tour south texas.

9. john deere tractor receives payment from lindsey lohan for a new tractor.


10. mr. mayer buys himself a $500,000 house that was built 50 years ago. it burns to the ground the next day. uninsured.

Answers

This prompt has to do with the classification of activities that should comprise of the Gross Domestic Product (GDP).

What is GDP?

Gross Domestic Product (GDP) is defined as the sum total of all finished goods and services manufactured within the borders of an economy.

1. Paris Hilton earns $7.50/hr working at the local grocery store. (To be counted - Wages)

2. Koko purchases a brand new Toyota tundra made in san Antonio. (To be counted - Consumption)

3.The united states marine corps invades Austin, Texas and in the process spends $5 billion. Austin surrenders. ( To be counted - Government Spending)

4. On vacation, Hugo Chavez purchases a goofy hat at Walt Disney's magic kingdom. He then declares himself the supreme leader of tomorrow's land. (The purchase of the hat is Consumption)

5. My father-in-law receives a monthly check for the oil pumped off of his property. (To be counted - Rent/Royalty)

6. Intel spends $300 million building a semiconductor factory in San Jose, Costa Rica. (To be counted - Consumption)

7. Former British prime minister Tony Blair decides to start a boy band and purchases a used Volkswagen euro van in which to tour south Texas. (To be counted - Consumption)

8. John Deere tractor receives payment from Lindsey Lohan for a new tractor. (to be counted - Consumption by Lohan)

9. Mr. Mayer buys himself a $500,000 house that was built 50 years ago. it burns to the ground the next day. uninsured. (To be counted from the perspective of the seller)



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if one were to consume an entire pickle should they run a pickle consuming business

Answers

Answer:

no...................

Explanation:

lol

Answer:

no

Explanation:

cause like? It would be extremely hard to get investors to invest when you can only consume one pickle at a time, try 5

Introduction to Career Planning
Introduction to Career Planning Unit Test
10. Which statement most accurately describes what can happen to jobs in a bad economy? (1 point)
More jobs become available as goods and services become more expensive.
More jobs become available as goods and services become less expensive.
Fewer jobs become available as goods and services become more expensive.
Fewer jobs become available as goods and services become less expensive.

Answers

Answer:

Fewer jobs become available as goods and services become more expensive.

Choose the correct category for each of the following software examples. Device driver: Word processor Email program Operating system: Mouse software: Web browser: DONE​

Answers

Answer:

device driver : system software

word processor: application software

email program: application software

operating system : system software

mouse software: application software

web browser : application software

Explanation:

Answer:

device driver : system software

word processor: application software

email program: application software

operating system : system software

mouse software: application software

web browser : application softwareExplanation:

who has instagram? if u do say sum

Answers

Answer:

sum i do

Explanation:

Answer:

mines lilj.udah2

Explanation:

add me

True or False: The ending balance in your checkbook ledger is different from the bank statement when you have written checks that haven't yet been cashed.

Answers

Answer:

true

Explanation:

hope this helps!

People who use the business plan include all of the following EXCEPT:

a) Management team

b) Investors

c) Customers

d) The entrepreneur

Answers

Answer:

I think Management team

Answer: customers

Explanation

Changes in inventories are included as part of investment spending because anything produced by a business that has.

Answers

What do you want to know?

Identify the true statements about materials and requirements planning (MRP) outputs and their use. (Check all that apply. ) Multiple select question. The secondary reports of MRP outputs are schedules of the planned order releases. Numerous changes made to the master production schedule is acceptable. An exception report is generated if a major difference between actual performance and the MRP plan occurs. MRP outputs include primary and secondary reports. MRP assumes that parts produced or received from suppliers are defect-free and delivered as scheduled

Answers

The true statements about materials and requirements planning (MRP) outputs and their use are:

A. The secondary reports of MRP outputs are schedules of the planned order releases.

C. An exception report is generated if a major difference between actual performance and the MRP plan occurs.

D. MRP outputs include primary and secondary reports.

E. MRP assumes that parts produced or received from suppliers are defect-free and delivered as scheduled.

What are materials and requirements planning?

Materials and requirements planning (MRP) ensures that the right quantities of materials are available when needed for production.  MRP produces three main reports, including:

Sales order prioritiesBills of MaterialsMaterial Requirement Plans.

Thus, the true statements about materials and requirements planning (MRP) outputs and their use are Options A, C, D, and E.

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Developing goals and preparing various budgets to achieve those goals is part of ______,.

Answers

Multiple-choice planning is known as the process of developing goals and preparing various budgets to achieve those goals.

What is Multiple Choice Planning?

This refers to the integrated process where plans are formulated and developed and budgets are prepared in order to help achieve those goals.

Hence, we can note that in this planning method, various plans are put into place in order to achieve the objectives of a given organization and make sure that its financial targets are met.

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What are some benefits of using computers for accounting purposes?.

Answers

9 Advantages to Using Computerised Accounting Systems

Automation. To make sure that all calculations are correct and accurate it is important to use something other than pen and paper. ...

Data Access. ...

Accuracy. ...

Reliability. ...

Speed. ...

Security. ...

Scalable. ...

Visuals.

An individual who wants to earn a living from a new business endeavor has decided to start his business as a not-for-profit organization. How can he earn money under this arrangement?
A. A not-for-profit organizing can earn profits for its owner through stock sales
B. The not-for-profit classification only applies to the sales of goods, not services
C. If he later incorporates his not-for-profit business, he can keep the profits from the transition
D. A not-for-profit business is allowed to use income to pay employees a reasonable salary

Answers

Answer:An incorporated business that puts all of its profits back into the business is a corporation. They are used by those common people and it can help the others who need the money. This will secure that the funds of these corporation will be shared also into its members incase of emergency.

Answer:

D. A not-for-profit business is allowed to use income to pay employees a reasonable salary

Explanation

just did it

Ned represents Sofia in the sale of her townhome. Luciana represents Sofia's buyer, Arturo. What is Luciana's responsibility to Sofia

Answers

Ned represents Sofia in the sale of her town home. Luciana represents Sofia's buyer, Arturo. Disclosure that the buyer will not have the funds for the down payment unless they sell their current home. Thus, option (d) is correct.

Sofia is reportedly selling her town house in this circumstance. As Arturo's buyer, Luciana speaks for Sofia. The buyer won't have the money for the down payment unless they sell their present property, and Luciana has a duty to Sofia to make sure that happens.

The usage of funds from the borrower is reserved for all other transactions; a down payment is only relevant to buy transactions. The principal amount of the loan subject to this Closing Disclosure less the purchase price is simply referred to as the Down Payment.

As a result, the significance of the Luciana's responsibility to Sofia are the aforementioned. Therefore, option (d) is correct.

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Your question is incomplete, but most probably the full question was.

Ned represents Sofia in the sale of her town home. Luciana represents Sofia's buyer, Arturo. What is Luciana's responsibility to Sofia?

- Assist Sofia in performance of tasks that Sofia needs to accomplish in order to get a successful closing.

- Contact the tax assessor's office for an estimate of real property taxes.

- Disclosure of the fact that the buyer is a registered sex offender.

- Disclosure that the buyer will not have the funds for the down payment unless they sell their current home.

Which sentence is an example of an I-statement?
1.This is by far the worst report you have ever submitted.
2.Your report has so many mistakes that we can’t use it.
3.I am unhappy to learn that you overlooked crucial details in the report. We just lost a potential client.
4.I guess the person who wrote this report didn’t understand the consequences of submitting poor-quality work.

Answers

Answer:

I have no clue

Explanation:

AND also its your bff

Answer:

1.This is by far the worst report you have ever submitted.

Explanation:

you can blank/what your tax liability through proper financial planning​

Answers

Answer:

Hsdinabdkeakabeeisbsbdjhsuq

As Lululemon is traditionally a yoga apparel company and Lululemon educators are viewed as educators, performance of yoga poses are included in the selection process. This is an example of




a. Reference checking



b. Application



c. Training



d. Recruitment



e. Testing

Answers

The process of checking for the performance of yoga poses by Lululemon is known as e. Testing.

What is testing?

This is a process by which a prospective employer checks to make sure that a prospective employee can do the job.

In checking the yoga poses of people they want to hire, Lululemon is testing to see if the person can be a good educator that would represent the company well.

In conclusion, option E is correct.

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Direction: Design your own financial transaction worksheet and indicate the effect of each transaction below using the balance sheet equation. After each transaction is properly recorded, compute new subtotals for the Assets, Liabilities, and Owner’s Equity.

Studio Co

Nikkita Co, a veteran photographer, opened a studio for her professional practice on July 1 Transactions completed during the month follows:

July

1

-

Deposited P146, 200 in a bank account in the name of the business, Studio Co



2

-

Bought new photography equipment on account from Canon, Equipment, P71, 210



3

-

Invested personal photography equipment into business, P51,620.



7

-

Paid office rent for the month, P5,500



8

-

Bought photography supplies for cash, P7, 960.



15

-

Paid premium for insurance cover on photography equipment, P1, 240



16

-

Received P8,960 as professional fees for services rendered.



20

-

Paid salary of part-time assistant, P6,000



21

-

Received and paid bill for telephone service, P640



24

-

Paid Canon Equipment part of the amount owed on the purchase of photography equipment, P4,200



26

-

Received P15,480 as professional fees for service rendered



29

-

Paid for minor repairs to photography equipment, P760



31

-

Co withdrew cash for personal use, P9,600

Answers

Answer: What's going on.

What accounts are affected.

How are they affected

Does the balance sheet balance.

Does the analysis make sense

Explanation:

The following information is from the materials requisitions and time tickets for Job 9 completed by Great Bay Boats. Materials requisitions are identified by code numbers starting with the letter M, and the time tickets start with T. Estimated (applied) overhead for Job 9 is $1,400. Date July 1 July 1 July 5 July 5 July 10 Document M-46 T-33 M-47 T-34 T-35 Amount $ 1,250 60e 1, eee 450 300 Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost.
Prepare a job cost sheet for Job 9, which includes costs for direct materials, direct labor, overhead, and total cost.

Answers

The preparation of the job cost sheet for Job 9 for Great Bay Boats is as follows:

JOB COST SHEET: Job 9

                         Direct Materials                   Direct Labor            Overhead

Date  Materials Requisition  Amount  Time-Ticket    Amount       Amount

              Number                                     Number  

July 1         M-46                   $ 1,250

July 1                                                         T-33              $600

July 5        M-47                     1,000

July 5                                                        T-34                450

July 10                                                      T-35                300

July 10 Applied overhead                                                           $1,400

Total                                   $2,250                            $1,350      $1,400

Total costs = $5,000

What is a job cost sheet?

A job cost sheet is a record of all the costs involved in the production of a single job or job segment.

The job cost accounting system segregates costs by job using job cost sheets.

The job cost sheet helps to determine how much each job costs in order to determine the price per unit or job.

Data and Calculations:

Date          Document    Amount

July 1         M-46             $ 1,250

July 1         T-33                   600

July 5        M-47                1,000

July 5        T-34                   450

July 10      T-35                   300

Thus, the total costs for Job 9 are $5,000.

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Select all that apply Identify the principles of internal control by selecting the correct answers below. (Check all that apply.)
A. Perform regular and independent reviews.
B. Apply technological controls. Insure assets.
C. Separate recordkeeping from custody of assets.
D. Record assets at cost. Maintain adequate records.
E. Match revenues with expenses in the same accounting period.
F. Establish responsibilities.

Answers

The principles of internal control include the following:

A. Perform regular and independent reviews.

B. Apply technological controls. Ensure assets.

C. Separate recordkeeping from the custody of assets.

D. Record assets at cost. Maintain adequate records.

E. Match revenues with expenses in the same accounting period.

F. Establish responsibilities.

What is internal control?

Internal control is the system of controls instituted by management to:

Provide reasonable assurance of the financial and accounting informationSafeguard the assets of the companyEnsure the integrity of its operations.

The five components of an internal control framework include:

Control environmentRisk assessmentControl activitiesInformation and communicationMonitoring.

Thus, the principles of internal control include all the options.

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human resources department​

Answers

Explanation:

Human resources is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, labor, personnel, associates or simply: people.

LCD Industries purchased a supply of electronic components from Entel Corporation on November 1, 2021. In payment for the $24 million purchase, LCD issued a 1-year installment note to be paid in equal monthly payments at the end of each month. The payments include interest at the rate of 12%.
Required:
1. Prepare the journal entry for LCD’s purchase of the components on November 1, 2021.
2. Prepare the journal entry for the first installment payment on November 30, 2021.
3. What is the amount of interest expense that LCD will report in its income statement for the year ended December 31, 2021?

Answers

Based on the details given by LCD Industries such as the amount of the note and the interest rate, the journal entries are:

Date               Account title                         Debit                       Credit

Nov. 1 2021    Inventory                       $24,000,000

                      Note payable                                                   $24,000,000

Nov. 30, 2021 Interest expense                $240,000

                       Note payable                      $1,892,366.66

                       Cash                                                              $2,132,366.66

Amount of interest to be reported in income statement = $481,076.33.

What are the journal entries?

Inventory will be debited with the payment amount of $24 million. This amount will also be credited to the Note payable account.

The interest expense will be:

= 24,000,000 x 12% x 1/12 months

= $240,000

Cash payment:

= Amount / Present value interest factor of annuity, 1 year, 12%

= 24,000,000 /  11.2551

= $2,132,366.66

What is the amount of interest to be reported in the income statement?

= Interest expense in November + (Note amount - note payable for November ) x 1%

= 260,000 + (24,000,000 - 1,892,366.66) x 1%

= $481,076.33

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Two people, each of whom has two children, are getting married, and they are buying a house together. They ask the real estate professional for advice about how to take title. What advice should the real estate professional offer

Answers

Suggesting that they consult with an attorney is the most appropriate advice which the real estate professional should offer.

Who is an Attorney?

This is a professional who practices law and is usually involved in real estate matters through documentation of transfer of ownership.

The transfer of ownership helps to prevent issues in the future and shows the land was legally acquired which is why Attorney is the most appropriate choice.

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A milestone occurring in which of these increments of time will be the farthest to the left on a timeline?

Answers

Answer:

3 Years

Explanation:

Hope this helps! Please let me know if you need more help, or if you think my answer is incorrect. Brainliest would be MUCH appreciated. Have a great day!

Which of the following scenarios is a circumstance in which it would be ethical to practice confidentiality? a. Your friend tells you her new business idea that will make her rich b. Your coworker tells you they are planning on clocking in early to make more money c. Your boss asks you to email your personal information for non-work purposes d. Your friend asks you not to report that you’ve seen them steal company property Please select the best answer from the choices provided A B C D.

Answers

Answer:

A

Explanation:

Answer:

C

Explanation:

After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least ____ feet.

Answers

Answer: After buying some lumber from your local home supply store, you realize that you need to attach a red flag from the end of the lumber because it is hanging out behind your vehicle at least __4__ feet.

After buying some lumber from a local home supply store, we need to attach a red flag from the end of the lumber because it is hanging out behind my vehicle at least 4 feet.

What is lumber?

Lumber is wood that has been processed into dimensional lumber, including beams and planks or boards, a stage in the process of wood production. It is mainly used for construction framing, as well as finishing floors, wall panels, and window frames.

Lumber is not only used not only for building homes but also for many other reasons.  Lumber is sometimes referred to as in England, while in most parts of the world especially in the United States and Canada the term timber refers specifically to unprocessed wood fibre, such as cut logs or standing trees that have yet to be cut.

Rough lumber is the raw material for furniture-making and the manufacture of other items requiring cutting and shaping.

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A hardware store advertises a 3/8" Black and Decker Power Drill for $29.95. You enter the store intending to purchase the drill. The salesperson informs you that they are all sold out. She tells you that the sale drills were factory seconds and that if you are going to be doing any kind of serious woodworking, you should buy the Model 3309, which sells for $49.99. This scenario has elements of which type of illegal pricing practice? a. conditional bargains b. predatory pricing c. bait and switch d. price fixing e. price discrimination

Answers

Answer: c. Bait and switch

Explanation:

The illegal pricing practiced in the above scenario is referred to as bait and switch. Bait and switch is a sales tactic whereby businesses or companies claims they've certain products which are usually of low prices or quality in order to lure customers to them and when the customers arrive, they usually tell the customers that the goods are not available and tell them to buy an identical good which is costlier.

This is the method used by the hardware store that advertises a 3/8" Black and Decker Power Drill for $29.95 and when the customer gets to the store, it was unavailable and the customer was told to buy Model 3309, which sells for $49.99.

Economies of scale in production, minimizing factor input cost, and reacting to exchange rate movements are all ways in which an mne can _____.

Answers

Answer:

Cut costs

hope this helps

Object permanence is formed near the end of the preoperational stage of development. Please select the best answer from the choices provided T F.

Answers

According to Jean Piaget who promoted the Theory of Cognitive Development the child goes through four important stages of mental development which include the Sensorimotor Stage.

What is Sensorimotor stage of development?

During the sensorimotor stage, children learn through their sensors to explore their surroundings. the main goal for the sensorimotor stage is Object permanence.

The pre-operative phase is the second phase in Piaget's theory of cognitive development. This stage starts at about two years and lasts until about seven years.

During this time, children are thinking figuratively but have not yet developed mental functioning.

The pre-operative phase of development is the second phase of the cognitive theory of development.

Thus, according to this, it is false that object permanence is built near the end of the Preoperational Stage because it was built near the end of the Sensorimotor Stage. The statement given is false.

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Answer:

IT'S FALSE

Explanation:

I I took the test

Other Questions
True or False - Society today is stillaffected by the changes during theIndustrial Revolution.FalseTrue #HELP and Take a look at the picture. How might microorganisms be spread? I NEED THIS FAST!!!!!! NO LINKS PLEASE Which graph represents the solution set of the inequality Negative 9 greater-than x?A number line going from negative 13 to negative 7. An open circle is at negative 9. Everything to the left of the circle is shaded.A number line going from negative 13 to negative 7. A closed circle is at negative 9. Everything to the left of the circle is shaded.A number line going from negative 13 to negative 7. An open circle is at negative 9. Everything to the right of the circle is shaded.A number line going from negative 13 to negative 7. A closed circle is at negative 9. Everything to the right of the circle is shaded. You have a subtotal of $32.75 at an online clothing store. You want to spend at least $75 to get free shipping. Write an inequality that represents theamount of money m you can still spend to get free shipping. Anyone know how to do this IXL 1. According to the article, which of the following MOST influences children to build healthy amounts of self-esteem? A. being praised far beyond their actual accomplishments B. being shown affection and appreciation by their parents C. being encouraged to focus on feeling good about themselves D. being compared with other children starting around the age of 7 The haber process can be used to produce ammonia (nh3) from hydrogen gas (h2) and nitrogen gas (n2). the balanced equation for this process is shown below. 3h2 n2 right arrow. 2nh3 the molar mass of nh3 is 17.03 g/mol. the molar mass of h2 is 2.0158 g/mol. in a particular reaction, 0.575 g of nh3 forms. what is the mass, in grams, of h2 that must have reacted, to the correct number of significant figures? 0.1 grams 0.102 grams 0.10209 grams 0.1021 grams A sports analyst determines that the number of pointsscored in a basketball game is related to the number ofshots taken during the game. The least-squaresregression line is V = 5.0 + 1.2x, where y is the predictednumber of points scored and x is the number of shotstaken.In one game, a team takes 50 shots and the residual is10. How many points were scored by this team in thisgame?O 45O 55O 65O 75 What does the duke's comment reveal about the culture of these Arkansas townspeople? The townspeople need to be forced to go see shows. The townspeople understand that inappropriate plays are banned from being performed. The townspeople don't allow women and children to attend shows. The townspeople think that things that are inappropriate might also be fun. The brain's willingness to recognize and to respond to a sound is called Members of a society must be at least eighteen years old to serve their community in any way.TrueFalse What method would you choose to solve theequation 2x- - 7 = 9? Explain why you chose thismethod. Write a personal narrative essay that describes a significant experience that has shaped your identity. Develop the narrative throughpacing, dialogue, and details that engage the reader. The teachers know about the the very rewarded one. write a letter to your younger brother explaining about the importance of reading books how to do this question plz who is sonu sharma in india Frank can mow lawns at a constant rate of 6/5 lawns per hour. How many lawns can Frank mow in 50 hours? A cylinder has radius 9 inches and height 15 inches. A cone has the same radius and heightFind the volume of the cylinderFind the volume of the coneWhat fraction of the cylinder's volume is the cone's volume? You are Amrit/Amrita. For the past few days you have been noticing that the garbage from your area is not being removed. People cannot bear the stinking smell and the unhygienic condition caused by this garbage. Write a letter to the editor of Kuwait Times to draw the attention of the authorities concerned to take necessary action.