Pearl 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 $3,078,200 of 12% 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 10%.
as the controller of the company, determine the selling price of the bonds.

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?