Calculate the interest payment on the bond

Assignment Help Accounting Basics
Reference no: EM133039130

Question - Big Cat's issues $100,000 of a 4-year 10% bond on January 1, 2015 when the market rate is 8%. Interest payments are made semi-annually. Calculate the interest payment on the bond.

a. $10000

b. $4000

c. $8000

d. $5000

Reference no: EM133039130

Questions Cloud

How does the hipaa privacy rule affect patient rights : How does the HIPAA Privacy Rule affect patient rights under the Federal Privacy Act?
Discuss the best presentation that you have ever seen : Discuss the best presentation that you have ever seen. What made it different from the rest of the presentations you have seen?
Calculate the WACC for Optimus : Calculate the WACC for Optimus. As a reminder, Optimus is funded with 40% debt and 60% common stock; there is no preferred stock in the capital structure
Expansion of existing certifications : What additional areas or expansion of existing certifications are needed?
Calculate the interest payment on the bond : Big Cat's issues $100,000 of a 4-year 10% bond on January 1, 2015 when the market rate is 8%. Calculate the interest payment on the bond
When is the direct order appropriate in inquiries : When is the direct order appropriate in inquiries? When would you use the indirect order? Give examples.
Discuss the concepts of universalism vs particularism : Think deeply about the motivation of these executives and discuss the concepts of 'universalism vs. particularism' as applied to their behaviour.
Computers and technology for functioning in every day life : Society is becoming increasingly dependent on computers and technology for functioning in every day life.
What is the probability that the selected person : The following was the data collected on the response of the survey as per age. What is the probability that the selected person

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journalize the five entries that adjusted the accounts

Journalize the five entries that adjusted the accounts at March 31, 2010. None of the accounts were affected by more than one adjustingentry.

  Money in the account earning the same rate

After that, you stop making any new deposits but leave the money in the account earning the same rate. How much money will be in the account when you become 58 years old?

  Calculate the amount of itemized deductions

For calendar year 2019, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000. Calculate the amount of itemized deductions

  Interest is payable semi-annually

Interest is payable semi-annually

  Briefly comment on impact imports performance

Briefly comment on Impact Imports performance

  Formulate thee internal control features

Formulate thee internal control features that the restaurant could implement, to eliminate their defalcation.

  Sweeten company had no jobs in progress at the beginning of

sweeten company had no jobs in progress at the beginning of march and no beginning inventories. it started only two

  The unit sales price is 050the company plans to keep ending

the linda corporation is doing budgets for the last quarter of its fiscal year which ends on december 31.nbspnbspthe

  On january 1 2010 alsip corp acquired 30 percent 13000

on january 1 2010 alsip corp. acquired 30 percent 13000 shares of stone services inc. common stock for 1300000 as a

  What was the cost of shrinkage

In 2013, Macy's reported cost of goods sold of $ 16.5 billion, ending inventory for 2013 of $ 5.3 billion, and ending inventory for the previous year (2012) of $ 5.1 billion. Required: If the cost of inventory purchases was $ 16.9 billion, what was t..

  What amount of the purchase price

Plowman Company purchased land and a building for $430,000. What amount of the purchase price should Plowman Company allocate to the land and the building

  Which is true about using return on investment

Which is true about using return on investment (ROI) as a performance measurement system? ROI encourages managers to invest in new equipment

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd