The situations presented here are independent of each other. for each situation, prepare the appropriate journal entry for the redemption of the bonds. a. whispering winds corp. redeemed $ 174,000 face value, 9% bonds on april 30, 2017, at 104. the carrying value of the bonds at the redemption date was $157,221. the bonds pay annual interest, and the interest payment due on april 30, 2017, has been made and recorded. b. shamrock, inc., redeemed $176,000 face value, 13.0% bonds on june 30, 2017, at 97. the carrying value of the bonds at the redemption date was $190,494. the bonds pay annual interest, and the interest payment due on june 30, 2017, has been made and recorded.

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?

The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.