The face value is $1,000. When the bond is first issued, the price (P) is set to be equal to the face value, i. e. $1,000. If banks are offering a 4% interest rate for deposits, and the bond issuer wants to offer a competitive interest rate by setting i = 0.04, what should be the value for C that is paid to bond holder annually?

Landon mars, the company bookkeeper, recorded the $10,000 purchase of land as rent expense by decreasing cash and decreasing shareholders' equity. what is the effect of this error on the accounting equation

In which job role will you be creating e-papers, newsletters, and periodicals?

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?