Business, 28.06.2020 02:01 giulianna41

Garcia Company issues 11.0%, 15-year bonds with a par value of $440,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9.0%, which implies a selling price of 114. Prepare the journal entry for the issuance of these bonds for cash on January 1.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:30, deku6

United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.

Answers: 2

continue

Business, 23.06.2019 00:30, destinyd10189

Dr. hughes enjoys offering to employees who perform over and above the call of duty

Answers: 1

continue

Business, 23.06.2019 01:00, jdeelc

Lycan, inc., has 7.5 percent coupon bonds on the market that have 8 years left to maturity. the bonds make annual payments and have a par value of $1,000. if the ytm on these bonds is 9.5 percent, what is the current bond price? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) current bond price

Answers: 2

continue

Business, 23.06.2019 10:10, hannahbear16841

Which of the following is not correct about renter's insurance? multiple choice renter's insurance is relatively inexpensive. renter's insurance covers the building and other structures on the site. typical coverage pays only the actual cash value of one's losses. the comprehensive form protects personal property against perils not specifically excluded in the policy. the broad form covers personal property against perils specified in the policy.

Answers: 3

continue

You know the right answer?

Garcia Company issues 11.0%, 15-year bonds with a par value of $440,000 and semiannual interest paym...