On january 1, 2019, a company issued $400,000 of 10-year, 12% bonds. The interest is payable semi-annually on june 30 and december 31. The issue price was $413,153 based on a 10% market interest rate. The effective-interest method of amortization is used. What is the book value (carrying value) of the bond liability as of june 30, 2019 (to the nearest dollar)?.

Answers

Answer 1

The book value of the bond liability is $409811

First of all we have to calculate the cash that was paid for interest

This interest is payable semiannually that is 6 months out of 12 months

6/12 = 0.5

The bond is 12% = 0.12

= 400000 * 0.12 * 0.5

= 24000 dollars

The interest =

413153 * 10% * 0.5

= 20658 dollars

The reduction = 24000-20658

= 3342 dollars

The carrying value after the first payment

= 413153-3342

= $409811

The book value of the bond liability is $409811

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Related Questions

Which of the following statements must be true about the polynomial function f(x)?.

Answers

Answer the answer  is B

Explanation:

Answer: Answer is B

Explanation:

Scientists discover a new organism. The organism is autotrophic, with membrane-bound organelles. To which of these kingdoms does this organism most likely belong?.

Answers

Protista, would be the answer

When making lemonade, 1 over 4 cup of sugar will make 5 glasses of lemonade. How many cups of sugar would be needed to make 22 glasses of lemonade?.

Answers

20cups is the amount you need

What is the main objective of the basagang palayok.

Answers

1."basagan ng palayok" (hit the pot), a game similar to mexico's piñata, is a popular game here in the philippines during town fiestas and other festivities. the main objective of the game is to hit the pot that was tied overhead by a contestant which is blindfolded.
2basagang palayok it gives enjoyment because ,theres a bonding to others

What is the potential energy of a rock that weighs 5 kg and sits on top of a 10- meter high hill?.

Answers

Answer:

490 Joule

Explanation:

Solution:

Given,

Mass (m) = 5 kgAcceleration due to gravity= 9.8 m/sHeight (h)= 10 m

Here,

Potential Energy (P.E.)= mgh

=5×9.8×10

= 490 Joule

We are interested in conducting a study in order to determine what percentage of voters of a state would vote for the incumbent governor. What is the minimum size sample needed to estimate the population proportion with a margin of error of +/-0. 06 at 95% confidence?.

Answers

Using the appropriate sample size formula, the minimum number of samples required is 267

Using the relation :

N = [(Z² × pq) / e²] e = Error Margin = 0.06² = 0.0036p = 0.5 q = 1 - 0.5 = 0.5 Zcritical at 95% = 1.96

Substituting the values into the equation :

N = [(1.96² × (0.5 × 0.5)) / 0.0036]

N = (0.9604 / 0.0036)

N = 266.777

N = 267

Hence, the minimum number of samples required is 267

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When making lemonade, 1 over 4 cup of sugar will make 5 glasses of lemonade. How many cups of sugar would be needed to make 22 glasses of lemonade?.

Answers

Answer:

1/4 sugar = 5 glasses

1/4 x 22/5 sugar = 5 x 22/5 glasses

22/20 sugar = 22 glasses

1 1/10 cup of sugar = 22 glasses lemonade

What amount of heat, in kj, would be involved in condensing 15. 8 g of ch₃oh? (∆hvap = 38. 0 kj/mol).

Answers

Considering the definition of enthalpy of vaporization, the amount of heat that would be involved in condensing 15.8 g of CH₃OH is 18.8 kJ.

When a material changes phase from solid to liquid, or from liquid to gas, a certain amount of energy is involved in this phase change.

In case of phase change from liquid to gas, this amount of energy is known as enthalpy of vaporization (symbolized as ∆Hvap).

So, the enthalpy of vaporization is the amount of energy required to change a unit of mass (for example, moles or kg) of a substance from phase liquid to phase gas at constant temperature and pressure.

In this case, you know that enthalpy of vaporization is ∆Hvap = 38.0 kJ/mol.

On the other side, you want to vaporize 15.8 g of CH₃OH.  Then, being the molar mass of the compound 32 [tex]\frac{g}{mole}[/tex] (that is, the amount of mass contained in one mole), the number of moles to be vaporized is:

[tex]15.8 gramsx\frac{1 mole}{32 grams} =0.49375 moles[/tex]

Then, the amount of heat that would be involved in condensing 15.8 g of CH₃OH is calculated taking into account the enthalpy of vaporization by:

0.49375 moles× 38.0 [tex]\frac{kJ}{mol}[/tex]= 18.76 kJ ≅ 18.8 kJ

Finally, the amount of heat that would be involved in condensing 15.8 g of CH₃OH is 18.8 kJ.

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why are SATs so hard to study for

Answers

Because they want everyone to fail and I don’t like them…

Answer:

It is considered the finale of High School. Which depicts what role you should become in College... it is also the ticket to ur high school diploma

Explanation:

The comparative financial statements of marshall inc. Are as follows. The market price of marshall common stock was $82. 60 on december 31, 20y2.

Answers

It should be noted that the working capital will be $1584000, the current ratio is 2.80 while the quick ratio is 2.20.

From the complete information, the working capital is calculated thus:

= Current asset - Current liabilities

= 2464000 - 880000

= 1584000

The current ratio will be:

= Total current asset / Total current liabilities

= 2464000 / 880000

= 2.80

The quick ratio will be calculated thus:

Total current asset = 2464000

Less: Inventory = 420000

Less: Prepaid expenses = 108000.

Total quick assets = 1936000

Total current liabilities = 8800000

Quick ratio = 2.20

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What is the most likely reason that the author begins and ends the text with the larger conversation about carbohydrates in the human diet but develops the argument about whole grains in the middle?.

Answers

Whole grains mainly consist of complex carbohydrates. These types of carbohydrates represent an excellent point of reference to explain the role of carbohydrates in the diet.

Carbohydrates, proteins, and lipids are fundamental macronutrients that must be obtained from the diet.

Carbohydrates can be divided into complex carbohydrates (e.g., starch), which provide long-term energy, and simple carbohydrates (e.g., glucose), which represent a fast source of energy.

Complex carbohydrates are composed of many monosaccharide units (i.e., simple carbohydrates) linked by glycosidic bonds.

Whole grains mainly consist of complex carbohydrates and represent an excellent point of reference to explain how the body breaks down these long molecules to produce simple carbohydrates in order to obtain energy.

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A certain wire stretches 0. 90 cm when outward forces with magnitude f are applied to each end. The same forces are applied to a wire of the same material but with three times the diameter and three times the length. The second wire stretches:.

Answers

Answer:

A certain wire stretches 0. 90 cm when outward forces with magnitude f are applied to each end. The same forces are applied to a wire of the same material but with three times the diameter and three times the length. The second wire stretches:

Explanation:

Use stokes' theorem to evaluate s curl f · ds. F(x, y, z) = x2 sin(z)i + y2j + xyk, s is the part of the paraboloid z = 4 − x2 − y2 that lies above the xy-plane, oriented upward.

Answers

Stokes' theorem says that the surface integral of the curl of the vector field F across the surface S is equal to the line integral of F along the boundary of S.

In this case, the boundary is a circle in the x,y-plane with radius 2. (To see this, set z = 0 and rearrange the equation for the paraboloid as x² + y² = 4.)

Then

[tex]\displaystyle \iint_S (\nabla\times\vec F)\cdot d\vec s = \int_{\partial S} \vec F \cdot d\vec r[/tex]

where

[tex]\vec r = 2\cos(t) \,\vec\imath + 2\sin(t) \,\vec\jmath[/tex]

parameterizes the circular boundary of S with 0 ≤ t ≤ 2π. Then

[tex]d\vec r = \dfrac{d\vec r}{dt}\,\dt = (-2\sin(t)\,\vec\imath + 2\cos(t)\,\vec\jmath)\,dt[/tex]

and the integral becomes

[tex]\displaystyle \iint_S (\nabla\times\vec F)\cdot d\vec s = \int_{\partial S} \vec F \cdot d\vec r[/tex]

[tex]\displaystyle \iint_S (\nabla\times\vec F)\cdot d\vec s = \int_0^{2\pi} \vec F(\vec r(t)) \cdot \frac{d\vec r}{dt}\,dt[/tex]

[tex]\displaystyle \iint_S (\nabla\times\vec F)\cdot d\vec s \\= \int_0^{2\pi} ((2\cos(t))^2 \sin(0)\,\vec\imath + (2\sin(t))^2\,\vec\jmath + (2\cos(t))(2\sin(t))\,\vec k) \cdot(-2\sin(t)\,\vec\imath + 2\cos(t)\,\vec\jmath)\,dt[/tex]

[tex]\displaystyle \iint_S (\nabla\times\vec F)\cdot d\vec s = \int_0^{2\pi} 8\sin^2(t)\cos(t) \, dt[/tex]

[tex]\displaystyle \iint_S (\nabla\times\vec F)\cdot d\vec s = \int_0^{2\pi} 8\sin^2(t) \, d(\sin(t))[/tex]

[tex]\displaystyle \iint_S (\nabla\times\vec F)\cdot d\vec s = \frac83 (\sin^3(2\pi)-\sin^3(0)) = \boxed{0}[/tex]

Which of the following distinguishes prophase 1 of meiosis from prophase of mitosis?.

Answers

Based on a scientific study, the difference between prophase 1 of meiosis from prophase of mitosis is "homologous chromosomes pair up."

prophase 1 of meiosis vs. prophase of mitosis

Prophase 1 of meiosis is the first stage of meiosis which involves recombination and alleles crossing over genetic material to form non-identical haploid chromatids.

In Contrast, the prophase of mitosis is also the first stage of mitosis which splits the duplicated genetic fabric present in the nucleus of a parent cell to form new identical daughter cells.

However, one of the significant differences between prophase 1 of meiosis and prophase of mitosis in appearance is " homologous chromosomes pair up."

Hence, in this case, it is concluded that the correct answer is "homologous chromosomes pair up."

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How did she get from the stage to the balcony crossword.

Answers

Answer:

she used stairs

Explanation:

It should be noted that the word that fits the scenario is stairs.

A crossword clue simply means a hint that is given to a  player of a crossword puzzle where the person has to find the missing pieces of the game.

The question is simply about how she got from the stage to the balcony crossword. Therefore, the correct option will be stairs which is six letters.

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Which of the following best describes why ddt is classified as a persistent organic pollutant.

Answers

The reasons why DDT is classified as a persistent organic pollutant are;

DDT can be used to control diseases, such as malaria and typhus, that are spread by insects.DDT is detected in food worldwide and the general human population is most commonly exposed to the toxin through food.

Persistent Organic Pollutants  can be regarded as toxic substances which are made up of organic chemical compounds.

These are industrial chemicals such as;

PCBs pesticides like DDT.

DDT is classified as a persistent organic pollutant because of it's usefulness in control diseases and it is been found in food stuff across the globe.

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Which of the following best describes the process of translation?.

Answers

Answer:

Translation is a universal process in biology where a protein formed of amino acids is made by using messenger Ribonucleic acid (mRNA) to dictate the order of amino acids. Following transcription (the conversion of DNA into mRNA) an mRNA strand leaves the nucleus and enters the cytoplasm via the nuclear pore.

Explanation:

Your welcome!

Translation is the conversion of genetic information from the language of nucleic acid to protein, hence option 6 is correct.

Ribosomes, which are huge complexes of proteins and RNA, catalyze the translation process. Ribosomes read the RNA transcript and translate it one amino acid at a time into a protein.

Peptide bonds are used to connect the amino acids to produce a polypeptide chain. Following that, the polypeptide chain folds into its ultimate shape, which determines its function.

Translation is the process through which an RNA transcript is converted into a protein. This procedure takes place in the cell's cytoplasm.

Thus, the option 6 is correct.

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#SPJ6

The given question is incomplete, so the most probable complete question is,

Which of the following best describes the process of translation?

The addition of nucleotides to a DNA template the addition of nucleotides to an RNA template the conversion of genetic information from DNA nucleotides into RNA nucleotides o the conversion of genetic information from the language of proteins to the language of nucleic acids None of these the conversion of genetic information from the language of nucleic acids to the language of proteins

How does the first amendment protect religious freedom for american citizens? choose exactly two answers that are correct.

Answers

Answer:

It lets people practice their faith in their own way and

It prevents the government from establishing a national religion.

Explanation:

How can buddhism affect change on powerful countries that use war to gain political and/ or economic advantages?.

Answers

Answer:

Answer: Buddhism is a religion that seeks to avoid conflict and harm. Most buddhist monks, for example, are vegetarians or vegans

Explanation:

What is the remainder when f(x) = 2x4 + x3 − 8x − 1 is divided by x − 2?.

Answers

The correct answer is 23

I hope this helps and I hope you have an amazing day! :)

What approximate focal length of the objective lens will give a total magnification of 200×? assume a length l = 160 mm.

Answers

Considering the data in the question, the focal length of the objective lens that will give a total magnification of 200x is 0.8cm focal length.

The whole question is:

You are using a microscope with a 10x eyepiece. What focal length of the objective lens will give a total magnification of 200x? Assume a length L = 160mm.

How was the answer derived?

Given that total magnification is 200

And the Assume length is 160

Since we used a microscope with a 10x eyepiece, the magnification would be divided by 10.

=> 200 ÷ 10 = 20.

Also, the focal length is measured in centimeters or meters; we would change the millimeters of focal length to centimeters. Therefore, we have 160 ÷ 10 = 16

The formula for the focal length of the objective lens = assumed length ÷ total magnification.

=> 16 ÷ 20 = 0.8cm.

Hence, in this case, it is concluded that the correct answer is "0.8cm."

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How can buddhism affect change on powerful countries that use war.

Answers

Buddhism is a religion that seeks to avoid conflict and harm, so other countries can learn from this.

Four companies have each issued $6 million in bonds. Which company will have the lowest balance in a contra account, without having a zero balance, assuming this is the first bond issuance for all four companies?.

Answers

The company that will have the lowest balance in a contra account is company-2 , which sold bonds at 94%

Bonds are being usually sold at par, at a discount, or at a premium. There exists no notion of a contra asset if the bonds are sold at par. If the bonds are sold at a discount, the net cash received will be lesser than the amount of par value of the bonds issued. Under this scenario, the bonds payable account can only display the par value of the bonds issued, however, the difference among both the par value of the bonds as well as the net cash actually realized from this kind of bond issue will be parked in a contra account which will be amortized over the bond's tenure.

As such, the lowest balance in the contra account for the four companies can be computed as:

                             company4      company3      company2      company1

Bond par value   $6,000,000   $6,000,000   $6,000,000   $6,000,000

Issued at               105%               101%               94%                  99%

Net cash -          6300000        6060000        5640000        5940000

realized

Contra

account           3000000         60000          (-360000)          -60000

balance

Therefore, it is obvious that the company with the lowest balance in a contra account is company 2, which sold their bonds at 94%

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Which of the following points lies on the line y = x ?.

Answers

Answer:

Where's the graph?

Explanation:

West corp. Issued 25-year bonds two years ago at a coupon rate of 5. 3 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the ytm?.

Answers

Answer:

america

Explanation:

because im black

Sally and ann are trying to move a box across the floor. Sally is pushing the box to the right with a force of 100n and ann is pulling the box with a force of 50n to the right. What is the magnitude and direction of the box?.

Answers

Answer:

150N to the right...

Explanation:Force acting on the box applied by Sally,  F1= 100 N (right side)

Force acting on the box applied by Ann,  F2= 50 N (right side)

It is clear that the two forces are acting on same direction. Let right side is positive direction. So, F= F1 + F2

                                      F= 100+50

                                       F=150 N

 The direction of the box is towards the right side. So, the correct option is 150 N to the right... Hope this helps... Plz mark me brainliest.... Stay safe and have a great weekend!!! :D

Multiple-choice questions on advanced placement exams have five options: a, b, c, d, and e. A random sample of the correct choice on multiple-choice questions on a variety of ap exams1 shows that b was the most common correct choice, with of the questions having b as the answer. Does this provide evidence that b is more likely to be the correct choice than would be expected if all five options were equally likely? show all details of the test. The data are available in apmultiplechoice.

Answers

Answer:

the answer would be a

Explanation:

What is created when rocks bend due to the compression of tectonic plates? Question 1 options: Faulting Subduction Folding Whipping.

Answers

Answer:

Third option: Folding

Explanation:

When the movement of tectonic plates causes stress and pressure on a rock, and it bends, it is called folding.

Hope this helps :)

A taxi service charges a flat fee of $1. 25 and $0. 75 per mile. If Henri has $14. 00, which of the following shows the number of miles he can afford to ride in the taxi? m less-than-or-equal-to 17 m greater-than-or-equal-to 17 m less-than-or-equal-to 20. 3 m greater-than-or-equal-to 20. 3.

Answers

Answer:

Its less than or equal to 17

Explanation:

What is the sum of the polynomials (8x2-9y2-4x)+(x2-3y2-7x).

Answers

The answer to your question is: D.) 9x²-11x-12y²

answer:

9x-2-12y-2-11x

explanation:

Remove the parentheses: 8x-2-9y-2-4x-+x-2-3y-2-7x

Combine like terms: 9x-2-12y-2-11x

Answer: 9x-2-12y-2-11x

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