Teal inc. manufactures cycling equipment. recently, the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company’s bikes. after a careful evaluation of the request, the board of directors has decided to raise funds for the new plant by issuing $3,018,500 of 8% term corporate bonds on march 1, 2020, due on march 1, 2035, with interest payable each march 1 and september 1, with the first interest payment on september 1st, 2020. at the time of issuance, the market interest rate for similar financial instruments is 6%.
as the controller of the company, determine the selling price of the bonds. (round factor values to 5 decimal places, e. g. 1.25124 and final answer to 0 decimal places, e. g. 458,581.)
selling price of the bonds $
Answers: 1
Business, 21.06.2019 18:20, genyjoannerubiera
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Answers: 1
Business, 22.06.2019 11:30, glowbaby123
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
Business, 22.06.2019 13:10, littlemoneyh
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Answers: 2
Teal inc. manufactures cycling equipment. recently, the vice president of operations of the company...
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