Brown Co. issued $100 million of its 10% bonds on April 1, 2016, at 99 plus accrued interest. The bonds are dated January 1, 2016, and mature on December 31, 2035. Interest is payable semiannually on June 30 and December 31. What amount did Brown receive from the bond issuance?
a) $87.8 million
b) $99.0 million
c) $100.0 million
d) $101.5 million

Answers

Answer 1

Answer:

d) $101.5 million

Explanation:

The computation of the amount received from the bond issuance is given below:

Interest Rate: 10%

Time period: 3 months (from 01.01.2016 to 31.03.2016)

Par Value=$100 million

Accrued Interest be 2.53 million

So,  

Amount receive from Bond Issuance is

= 99 + 2.53

= $101.5 million


Related Questions

Which of the following is a type of intellectual property?

Answers

Answer:

house

Explanation:

Find m2V.


V


W


(2x + 29)


(10x – 27)°


Y

Answers

Answer:

31x

17x

Explanation:

we should add 2x+29

we should subtract 10x and 27

DeAnna is the supervisor for the engineering team at her company. A task comes down from her leadership to allocate funding by noon that day. She doesn't have time to discuss this with the team, so she allocates the money where she sees fit. What management approach does this best exemplify

Answers

Answer: the answer is authority rule

The fastest-growing economy in the world in 2017 was ________. Group of answer choices Sierra Leone Afghanistan Macau China Libya

Answers

The world's fastest-growing economy in 2017 was China.

The People's Republic of China is a country located in East Asia that stands out for being one of the world powers and has experienced great economic growth in recent years.

China is characterized by having a mixed economic system in which it combines aspects of capitalism and the free market with aspects of socialism. During the revolution, China had a socialist political and economic system.

When their leader Mao died, political leaders began to modify aspects of the socialist economy by creating a mixed economy model that caused its rapid growth. A sample of this is that between 2001 and 2010 its growth was 10.5% and in 2017 it was 6.5%.

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3. Evaluate a couple of local organizations (preferably your employer organization and another organization of your choice) in terms of its emphasis on the strategic operations objectives: cost, quality, delivery, speed and flexibility. Are all departments focused on the same objectives? What are the order winners and the order qualifiers?

Answers

It should be noted that the objectives of companies aren't thesame but rather, they're different.

The objectives of a company simply means the goals that a company wants to achieve. The objectives of companies aren't thesame but rather, they're different.

Companies focus in different objectives such as cost minimization, profit maximization, quality improvement, etc.

It should be noted that the order winners can be quality and cost while for the order qualifiers, this can be delivery and flexibility.

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Which of the following is an inductive argument? Bruce is not feeling well. If Bruce is ill, he will not be able to attend classes today. Therefore, Bruce will not attend classes today. There are seven employees that are on assignment today. There are two employees that are in the office. There are no other employees. Therefore, there are nine employees. Michael and Laura and their two children make a family of four. Michael and Laura have blond hair. Their children have blond hair, too. Thus, all members of the family have blond hair. My new cell phone charges to full capacity in 30 minutes. My best friend’s new cell phone does the same thing, and so does my sister’s. It follows that all new cell phones recharge in 30 minutes.

Answers

That which is an inductive argument is: My new cell phone charges to full capacity in 30 minutes. My best friend’s new cell phone does the same thing, and so does my sister’s. It follows that all new cell phones recharge in 30 minutes.

An inductive argument makes some premises that are believed to be true. It finally ends with a conclusion that is thought to stem from the premises.

The speaker believes that the conclusion is not wrong because the premises are true. Option D is an inductive argument.

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O False
QUESTION 2
Management is the process of coordinating people and other resources.
O True
O False
QUESTION 2

Answers

Answer:

True

Explanation:

Managing is to look over and control people or things to be sure everyone/everything works as intended.

The process of coordinating the individuals and the related resources is to be considered as management.

Option A is correct.

What is coordination?

Coordination is the act of harmonizing and maintains a healthy synchronization between the activities and the workforce performing them.

The management is the method of synchronize and administer the working roles assigned to the team members or the workforce. This could be done by making a good hierarchy where it directs the work force to whom they are going to report.

Therefore, the provided statement is true.

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#SPJ2

Presented below are selected transactions for Werley Company for 2021. Jan. 1 Received $9,000 scrap value on retirement of machinery that was purchased on January 1, 2011. The machine cost $90,000 on that date, and had a useful life of 10 years with no salvage value. April 30 Sold equipment for $34,000 that was purchased on January 1, 2018. The equipment cost $90,000, and had a useful life of 5 years with no salvage value. Dec. 31 Discarded a business truck that was purchased on April 1, 2017. The truck cost $27,000 and was depreciated on a 5-year useful life with a salvage value of $2,000. Journalize all entries required as a result of the above transactions. Werley Company uses the straight-line method of depreciation and has recorded depreciation through December 31, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit choose a transaction date Jan. 1 enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount choose a transaction date April 30 enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount (To record depreciation expense) choose a transaction date April 30 enter an account title to record sale of equipment Cash enter a debit amount 34000 enter a credit amount enter an account title to record sale of equipment Accumulated Depreciation-Equipment enter a debit amount

Answers

Based on the information given the appropriate journal entry to record the transactions are:

Werley Company Journal entries

1. Jan 2020

Debit Cash $ 9,000

Credit Accumulated depreciation - machinery $90,000

($90,000/10×10)

Credit Machinery $ 90,000

Credit Gain on retirement of assets $9,000

($9,000+$90,000-$90,000)

2. Apr-30

Debit Depreciation expense $6,000

($90,000/5×4/12)

Credit accumulated depreciation-Equipment $6,000

Debit Cash $34,000

Debit Accumulated depreciation $60,000

($90,000/5)×3 1/3) [(2018-2021)+(Jan 2021 to April 2021)]

Credit Equipment $90,000

Credit Gain on disposal of plant assets $4,000

[$34,000-($90,000-$60,000)]

3. Dec-30

Debit Depreciation expense $5,000

[($27,000-$2,000)/5]

Credit accumulated depreciation-Equipment $5,000

Debit Accumulated depreciation- Equipment $23,750

($5,000×4 3/4)  [(2017-2021)+(April 2021 to Dec 2021)]

Debit Loss on disposal $3,250

($27,000-$23,750)

Credit Equipment $27,000

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Business writing must be clear and specific instead of vague, pretentious, or
to the reader.
A.familiar
B.simple
C.understandable
D.unfamiliar

Answers

D unfamiliar c c c c cc’s

You were recently hired by Scheuer Media Inc. to estimate its cost of capital. You obtained the following data: D1 = $1.75; P0 = $42.50; g = 7.00% (constant); and F = 5.00%. What is the cost of equity raised by selling new common stock?

Answers

The cost of equity raised by selling new common stock is 11.33%.

Using this formula

re = D1/(P0 × (1 - F)) + g

Where:

re=Cost of equity=?

Dividend(D1)=$1.75

Stock price(P0)=$42.50

Growth rate(g)=7.00%

Floatation cost (F)=5.00%

Let plug in the formula

re =1.75/(42.50 × (1 - 0.05)) + 0.07

re=1.75/(42.50×0.95)+0.07

re=(1.75/40.375)+0.07

re=0.04334365+0.07

re=0.1133×100

re=11.33%

Inconclusion the cost of equity raised by selling new common stock is 11.33%.

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Compare the job of an order-taker at a fast-food restaurant, marketing manager of the telecommunication sector, police officer, and CEO of a multinational firm, using the job characteristics model. Give your recommendations on how the characteristics of the least motivating job/jobs could be improved?

Answers

Answer:

i think

Explanation:

Perhaps the earliest attempt to design jobs came during the era of scientific management. Scientific management is a philosophy based on the ideas of Frederick Taylor as presented in his 1911 book, Principles of Scientific Management. Taylor’s book is among the most influential books of the 20th century; the ideas presented had a major influence over how work was organized in the following years. Taylor was a mechanical engineer in the manufacturing industry. He saw work being done haphazardly, with only workers in charge. He saw the inefficiencies inherent in employees’ production methods and argued that a manager’s job was to carefully plan the work to be performed by employees. He also believed that scientific methods could be used to increase productivity. As an example, Taylor found that instead of allowing workers to use their own shovels, as was the custom at the time, providing specially designed shovels increased productivity. Further, by providing training and specific instructions, he was able to dramatically reduce the number of laborers required to handle each job.

Nexis Corp. issues 1,000 shares of $15 par value common stock at $25 per share. When the transaction is recorded, credits are made to: Group of answer choices Common Stock $15,000 and Paid-in Capital in Excess of Par Value $10,000. Common Stock $25,000 and Retained Earnings $15,000. Common Stock $15,000 and Paid-in Capital in Excess of Stated Value $10,000. Common Stock $25,000.

Answers

Based on the information given the transaction that is recorded are: credits are made to: Common Stock, $15,000, and Paid-In Capital in Excess of Par, $10,000.

Nexis Corp. Journal entry

Debit Cash $25,000

($25×1,000 shares)

Credit Common Stock, $15,000

($15×1,000 shares)

Credit Paid-In Capital in Excess of Par, $10,000

[($25-$15)× 1,000 shares]

(To record common stock)

Inconclusion the transaction that is recorded are: credits are made to: Common Stock, $15,000, and Paid-In Capital in Excess of Par, $10,000.

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Early economies could be described as

Answers

Answer:

sad and poorly constructed

Explanation:

early economies tended to have people in specific jobs because of their gender, age, and race. so it didn't really matter what the people were good at or wanted to do because they had to do a specific job.

Why are developing countries experiensing rapid population growth while developed countries are growing slowly or not at all?​

Answers

Answer:

Population growth in developing countries will be greater due to lack of education for girls and women, and the lack of information and access to birth control.

Carry learning!

Study hard!

Brainliest please!

Thank you

define rent-seeking and show how it is related to elasticity​

Answers

Answer:

What Is Rent Seeking?

Rent seeking (or rent-seeking) is an economic concept that occurs when an entity seeks to gain added wealth without any reciprocal contribution of productivity. Typically, it revolves around government-funded social services and social service programs.

Key takeaways

Rent seeking is an economic concept that occurs when an entity seeks to gain wealth without any reciprocal contribution of productivity.The term rent in rent seeking is based on the economic definition of “rent,” which is defined as economic wealth obtained through shrewd or potentially manipulative use of resources.An example of rent seeking is when a company lobbies the government for grants, subsidies, or tariff protection.Rent seeking comes in many forms from lobbying or donating funds.For example, if you donate money but write it off on your taxes, it could be considered a form of rent seeking.

 

Arial Company has two products: A and B. The company uses activity-based costing. The total cost and activity for each of the company's three activity cost pools are as follows:

Total Activity
Activity Cost Pool Total Cost Product A Product B Total
Activity 1 $22,000 400 100 500
Activity 2 $16,240 380 200 580
Activity 3 $14,600 500 250 750

The activity rate under the activity-based costing system for Activity 3 is closest to:

a. $70.45
b. $28.87
c. $19.47
d. $58.40
e. $32.5

Answers

Answer:

a

Explanation:

because it approaches to the total rates of the activity 3 it is the best avererage for that activity

What is polycentricity?

O A. Independent elements that are separate by bound to each other

O B. Independent elements that are separate

OC. Independent elements that are only nominally separate

O D. The consolidation of independent elements

Answers

Answer:

Definition of polycentric

: having more than one center (as of development or control): such as. a : having several centromeres polycentric chromosomes.

Explanation:

Mark as Brainliest Answer

Assuming that a periodic inventory system is used, what is the amount allocated to ending inventory on a LIFO basis

Answers

The amount allocated to ending inventory is $3664.

LIFO is an inventory method that means last in, first out. It means that it is assumed that the latest inventory that is sold, is the first to be sold. Ending inventory is made up of inventory that is purchased eelier.

Total inventory sold = 40 + 26 = 68 units Sum of total inventory bought and beginning inventory = 10 + 60 + 30 = 100 Ending inventory = 100 - 68 = 32Value of ending inventory = (22 x $112) + (10 x $120)

$2464 + $1200 = $3664

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Provide some examples of the application of the following from a to f in the hospitality or travel businesses.

a. Volume discounts.


b. Discounts based on time of purchase.

c. Psychological pricing.

d. initiating price increases.

e. buyer reactions to price changes.

f. competitor reactions to price changes.​

Answers

Answer:

weight of discount

disfount on festival offer

On January 1, 2022, the Sunland Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2022.
Sales units: First quarter 5,700; second quarter 6,840; third quarter 7,980.
Ending raw materials inventory: 40% of the next quarter's production requirements.
Ending finished goods inventory: 25% of the next quarter's expected sales units.
Third-quarter production: 8,330 units.
The ending raw materials and finished goods inventories at December 31, 2021, follow the same percentage relationships to production and sales that occur in 2022. Three pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $4 per pound.
Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2022.

Answers

The preparation of Sunland Company's Direct Materials Budget for the First and Second Quarters ended June 30, 2022 is as follows:

                                    First Quarter  Second Quarter

Ending raw materials        12,654             9,996 (3,332 x 3)

Production requirement  26,505            31,635 (10,545 x 3)

Materials available           39,159              41,631

Beginning inventory        10,602             12,654

Purchases                       28,557             28,977

Cost of purchases     $114,228         $115,908 ($28,977 x $4)

Data and Calculations:

                                   First Quarter  Second Quarter   Third Quarter    Total

Sales units                        5,700                 6,840                   7,980

Ending inventory               1,710                  1,995

Units available for sale    7,410                  8,835

Beginning inventory        1,425                   1,710                    1,995

Production requirement 8,835               10,545                    8,330

Thus, the direct materials budget for Sunland Company is prepared as above.

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On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $31,000 and $500, respectively. During Year 2, Kincaid reported $72,500 of credit sales, wrote off $550 of receivables as uncollectible, and collected cash from receivables amounting to $74,550. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.
What effect will recognizing the uncollectible accounts expense for Year 2 have on the elements of the financial statements?
a) Increase total assets and retained earnings
b) Decrease total assets and increase retained earnings
c) Decrease total assets and net income
d) Increase total assets and decrease net income

Answers

D Increase total assets and decrease net income

As a result of the uncollectible accounts being recognized in Year 2, there will be a c) Decrease in total assets and net income.

What would recognizing the uncollectible accounts do?

When uncollectible accounts are recognized, it means that the accounts receivables will reduce. This will therefore reduce total assets.

The uncollectible accounts will also be recognized as expenses and sent to the profit and loss account which would have the effect of reducing the net income.

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Nathen’s home office

Answers

Answer:

Today, the Chinese own Armour and the famous Smithfield hams, together with the most quintessential American brand of all: Nathan's Famous hot dogs, with its iconic annual eating contest. ... It remains the largest total acquisition of a U.S. company by the Chinese.

Explanation:

Thato, a manager for an insurance company, was disappointed in Miya, one of his direct reports. Miya’s job is to sell insurance, but she did not meet her quota for calls to potential new customers in the last month. Thato let Miya know that, “If this continues in the next 30 days, you’ll probably be let go.” Which behavior modification may Thato need to implement?

Answers

There are different ways used by people to modify behavior.  behavior modification may Thato need to implement is punishment.

Behavior modification is simply known to be act of changing the behavioral trend via the use different means such as learning techniques, positive or negative reinforcement, punishment etc.

Punishment is often done to weaken a specific behaviors. This is done through the linking of an unpleasant stimulus to a behavior. Example is Maya losing her job for not meeting her target

See full question below

Thato, a manager for an insurance company, was disappointed in Miya, one of his direct reports. Miya’s job is to sell insurance, but she did not meet her quota for calls to potential new customers in the last month. Thato let Miya know that, “If this continues in the next 30 days, you’ll probably be let go.” Which behavior modification may Thato need to implement?

a- negative reinforcement

b- punishment

c- extinction

d- positive reinforcement

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The Fine Art Museum, a not-for-profit entity, allocated expenses 80% to programs and 20% to general and administrative.

a) During the current year the Museum received admissions fees in cash $500,000 from visitors.

b) Citizens of the local community are encouraged to participate in a program called “Friends of the Museum.” For a yearly contribution of $25 per family, a family is entitled to free admission to the Museum during the calendar year. At year-end, there were 10,000 members in the “Friends of the Museum.”

c) During the current year the Museum incurred salary expense of $250,000 of which $60,000 remains unpaid at year-end.

d) During the year the Museum incurred operating expenses of $400,000 of which $30,000 remains unpaid at year-end. Of the $400,000, $50,000 was used to buy supplies of which $20,000 remains on hand at year-end.

e) During the year the Museum received pledges of $200,000 for the acquisition of new art items, of which the Museum had collected $150,000 by year-end and expected to ultimately collect another $20,000.

f) During the year a citizen died and willed his wonderful collection of native art to the Museum to help new art items acquisition. The collection was later sold for $600,000.

Required: Prepare the necessary journal entries to record these transactions.

Answers

The preparation of the necessary journal entries for The Fine Art Museum is as follows:

Journal Entries:

a. Debit Cash $500,000

Credit Admissions Fees $500,000

To record the receipt of admissions fees in cash from visitors.

b. Debit Cash $250,000

Credit Admissions Fees $250,000

To record the receipt of special admissions fees for "Friends of the Museum."

c. Debit Salary Expense $250,000

Credit Salary Payable $60,000

Credit Cash $190,000

To record salary expense paid and payable.

d. Debit Operating Expenses $400,000

Credit Operating Expenses Payable $30,000

Credit Cash $370,000

To record operating expenses paid and payable.

Debit Supplies $50,000

Credit Operating Expenses $50,000

To transfer operating expenses to Supplies.

Debit Supplies Expense $30,000

Credit Supplies $30,000

To record supplies expense for the year.

e. Debit Pledges Receivable $200,000

Debit Cash $150,000

Credit Pledges Receivable $150,000

Credit Allowance for Uncollectible Pledges $30,000

To record pledges receivable and allowance for uncollectibles.

f. Debit Cash $600,000

Credit Sale of collections $600,000

To record the sale of wonderful collections from a will.

Data Analysis:

Allocation of Expenses:

Programs = 80%

General and Administrative = 20%

a. Cash $500,000 Admissions Fees $500,000

b. Cash $250,000 Admissions Fees $250,000 ($25 x 10,000)

c. Salary Expense $250,000 Salary Payable $60,000 Cash $190,000

d. Operating Expenses $400,000 Operating Expenses Payable $30,000 Cash $370,000

Supplies $50,000 Operating Expenses $50,000

Supplies Expense $30,000 Supplies $30,000

e. Pledges Receivable $200,000 Estimated Receivable Pledges $170,000

Uncollectible Pledges $30,000

Cash $150,000 Pledges Received $150,000

f. Cash $600,000 Sale of collections $600,000

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Partners X, Y and Z have capital balances of $80, 000, $180,000 and $60,000 respectively. Immediately prior to liquidation. Total remaining assets have a book value of $320,000 and assume liabilities have been paid. There is one remaining asset with a fair market value of $70,000. All three partners agree to share profit and loss equally. Z wishes to take the asset with him and start a new business and would accept $70,000 in cash; the remaining partners agree this would be fair. How much cash in addition to the asset would first be distributed to Z before any of the other partners receive anything? a. $100,000 b. $240,000 c. $30,000 d. $50,000

Answers

The cash distributed to Partner Z before the other partners is $60,000.

Data and Calculations:

Book value of assets = $320,000

Fair value of asset = $70,000

                                                     X              Y                Z             Total

Capital balances                $80,000   $180,000  $60,000    $320,000

Total assets available for distribution                                     $390,000

Assets assumed by Z                                          ($70,000)     ($70,000)

Balance                                                                                    $320,000

Distribution to partners  $80,000   $180,00   $60,000    $320,000

Cash distribution to partners depends on the cash realized from the assets.

Thus, the cash distributed to Partner Z before the other partners is $60,000.

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20) Tudor's Deli and Catering could have sold their delivery van on December 31, 2010 for $16,000. If they
could sell the same van on December 31, 2011, for $13,000, then the economic depreciation in 2011 for this
van

Answers

Answer:

13000-16000=3000

The property depreciated for 18.75 percent

As a manager, if you wanted to influence what employees do in situations lacking clear company rules or expectations, what should you do

Answers

As a manager if you want to influence what employees do in situations that lack clear company rules or expectations, you should create a strong culture.

Creating a strong culture is very important in the workplace. It is important because it helps to influence the discretionary behaviors that employees have in the work place.

It helps them to know what they should do in given situations where the the rules and the expectations are not clear.

This is very important because an organization may not have policies or rules for every given situation in the work place. The culture of the organization would be very useful in this case.

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what the number of units to be produced it the firm desires to make a profit of birr 10,000 assuming the fixed cost, variable cost, per unit and selling price per unit are 50,000 birr 10 and birr 20 respectively.​

Answers

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6000 units, the number of units to be produced it the firm desires to make a profit of birr 10,000 assuming the fixed cost, variable cost, per unit and selling price per unit are 50,000 birr 10 and birr 20 respectively.

What is the variable cost?

A variable cost is a business expense that varies according to how much a business provides or sells. Variable costs rise or fall in relation to a company's manufacturing or sales volume, rising as production increases and falling as production drops. Variable cost is defined as the type of cost that varies according to changes in the production levels.

According to the given amount are the based on the

sales = variable cost + fixed cost + profit

(20X) =  (10X) + (50000) + (10000)

sales = 6000 units

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What is true about money?

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Answer:

A medium of exchange; it allows people to obtain what they need to live.

Explanation:

Money is a medium of exchange; it allows people to obtain what they need to live. Bartering was one way that people exchanged goods for other goods before money was created. Like gold and other precious metals, money has worth because for most people it represents something valuable.

A commodity that is widely acknowledged as a means of economic exchange is money.

What do you mean by True?

Reality, truth. The phrase "in true" and "out of true" both refer to the quality or state of accuracy, which is most often used with the.

Money serves as both a medium of transaction and a store of value. People agree to give money worth only when they consent to do so. Even while money and financial accounts may not have any worth on their own, when everyone decides to use them, money gains value.

Money performs a number of tasks including serving as a standard of deferred payment, a unit of account, a store of value, and a medium of exchange.

Therefore, Money is a commodity that is frequently used as a medium of economic exchange.

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An approach to the SDLC that plans the project in advance and then progresses according to the plan is called what

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Answer:

source-

One of the most common predictive models is the waterfall model. It assumes various phases in the SDLC that can occur sequentially, which implies that one phase leads into the next phase. In simple words, in waterfall model, all the phases take place one at a time and do not overlap one another.

in your own words-  

One of the foremost common prognostic models is that the falls model. It assumes varied phases within the SDLC which will occur consecutive, which suggests that one section leads into following section. In straightforward words, in falls model, all the phases occur one at a time and don't overlap each other.

Explanation:

source is where i got the imformation and the in your own words is it fully rewritten, sorry its a bit lengthy and hope this helps have a god day/night/noon! :)

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