Palmer company has $5,000,000 of 15-year maturity bonds outstanding. each bond has a maturity value of $1,000, an annual coupon of 12.0%. the bonds can be called at any time with a premium of $50 per bond. if the bonds are called, the company must pay flotation costs of $10 per new refunding bond. ignore tax considerations–assume that the firm's tax rate is zero. the company's decision of whether to call the bonds depends critically on the current interest rate on newly issued bonds. what is the breakeven interest rate, the rate below which it would be profitable to call in the bonds?

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000