Mcgee company issued $400,000 of 8%, 20-year bonds on january 1, 2014, . interest is payable semiannually on july 1 and january 1. mcgee company uses the effective interest method of amortization for bond premium or discount. assume an effective yield of 6% in pricing the bond. instructionsi. calculate the price of the bondii. prepare the first 4 periods of amortization scheduleiii. prepare the journal entries to record the following. (round to the nearest dollar)a. the issuance of the bonds. b. the payment of interest and the related amortization on july 1, 2014c. the accrual of interest and the related amortization on december 31, 2014

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.