Sunland Company received proceeds of $664000 on 10-year, 6% bonds issued on January 1, 2019. The bonds had a face value of $704000, pay interest annually on December 31, and have a call price of 105. Sunland uses the straight-line method of amortization. What is the amount of interest expense Sunland will show with relation to these bonds for the year ended December 31, 2020

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine