On the first day of its fiscal year, ebert company issued $50,000,000 of 10-year, 7% bonds to finance its operations. interest is payable semiannually. the bonds were issued at a market (effective) interest rate of 9%, resulting in ebert company receiving cash of $43,495,895. the company uses the interest method. a. journalize the entries to record the following: 1. sale of the bonds. 2. first semiannual interest payment, including amortization of discount. round to the nearest dollar. 3. second semiannual interest payment, including a of discount. round to the nearest dollar b. compute the amount of the bond interest expense for the first year. c. explain why the company was able to issue the bonds for only $43,495, 895 rather than for the face amount of $50,000,000.

Let's consider a hypothetical airline, mudlarks airlines. on one of its flights, precious records show that about 15% of people who had tickets for the flights did not take the flight. there are 120 seats on the plane. 1. how many tickets should mudlarks airlines sell for this flight? 2. as an added consideration, suppose that tickets on this flight cost a flat rate of $250. in addition, mudlarks airlines must give any traveler who purchased a seat for the flight, but who cannot travel due to overbooking, a $400 certificate for their trouble. does this change your answer in question one? now, suppose that mudlarks airlines forms a partnership itch another airline, puffin air. their agreement allocates 100 seats on the flight to mudlarks airlines and another 20 seats to puffin air. the 2 airlines sell tickets for the flight independently of each other. 3. assuming the same 15% no show percent for each airline, how many tickets should each sell?