Claire corporation is planning to issue bonds with a face value of $100,000 and a coupon rate of 8 percent. the bonds mature in two years and pay interest quarterly every march 31, june 30, september 30, and december 31. all of the bonds were sold on january 1 of this year. claire uses the effective-interest amortization method and does not use a discount account. assume an annual market rate of interest of 12 percent. (fv of $1, pv of $1, fva of $1, and pva of $1)1. provide the journal entry to record the issuance of the bonds. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your final answers to nearest whole dollar amount.)2. provide the journal entry to record the interest payment on march 31, june 30, september 30, and december 31 of this year. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your final answers to nearest whole dollar amount.)3. what bond payable amount will claire report on this year's december 31 balance sheet? (round your final answers to nearest whole dollar amount.)

Pettijohn inc. the balance sheet and income statement shown below are for pettijohn inc. note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. balance sheet (millions of $) assets 2016 cash and securities $ 1,554.0 accounts receivable 9,660.0 inventories 13,440.0 total current assets $24,654.0 net plant and equipment 17,346.0 total assets $42,000.0 liabilities and equity accounts payable $ 7,980.0 notes payable 5,880.0 accruals 4,620.0 total current liabilities $18,480.0 long-term bonds 10,920.0 total debt $29,400.0 common stock 3,360.0 retained earnings 9,240.0 total common equity $12,600.0 total liabilities and equity $42,000.0 income statement (millions of $) 2016 net sales $58,800.0 operating costs except depr'n $54,978.0 depreciation $ 1,029.0 earnings bef int and taxes (ebit) $ 2,793.0 less interest 1,050.0 earnings before taxes (ebt) $ 1,743.0 taxes $ 610.1 net income $ 1,133.0 other data: shares outstanding (millions) 175.00 common dividends $ 509.83 int rate on notes payable 1. what is the firm's current ratio? (points : 6) 0.97 1.08 1.20 1.33 2. what is the firm's quick ratio? (points : 6) 0.49 0.61 0.73 0.87 3. what is the firm's total assets turnover? (points : 6) 0.90 1.12 1.40 1.68 4. what is the firm's inventory turnover ratio? (points : 6) 4.38 4.59 4.82 5.06 5. what is the firm's debt ratio? (points : 6) 45.93% 51.03% 56.70% 70.00% 6. what is the firm's roa? (points : 6) 2.70% 2.97% 3.26% 3.59% 7. what is the firm's roe? (points : 6) 8.54% 8.99% 9.44% 9.91%

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows: