Business, 03.05.2021 15:30 jennainglish
The 12% bonds payable of Desert Company had a carrying amount of $4,136,341 on December 31, 2020. The bonds, which had a face value of $4,000,000, were issued at a premium to yield 10%. Desert uses the effective interest method of amortization. Interest is paid semiannually on June 30th and December 31st. On June 30, 2021, several years before their maturity, Desert retired the bonds at 104 plus accrued interest. The loss on retirement, ignoring taxes, is?
Answers: 3
Business, 21.06.2019 20:30, asalaslex133369
As a group is leaving, you ask them if they had a good experience at the restaurant. they mention that they had poor service and their food was cold. a. apologize and ask them to give the restaurant another chance in the future. you tell them that guests usually have a great experience here. b. apologize then ask for the server’s name and immediately notify the manager after they leave. c. apologize for the bad experience and ask them to wait as you call the manager to talk to them. d. apologize for the bad experience and encourage them to complete the customer service survey. this feedback will ensure other guests do not have the same experience.
Answers: 2
Business, 21.06.2019 22:40, ipcmeaganlatham
wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?
Answers: 3
The 12% bonds payable of Desert Company had a carrying amount of $4,136,341 on December 31, 2020. Th...
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