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On April 1, 20X6, Ratchford Industries issued $500,000 of 12%, 10-year bonds. The bonds, which were issued at 103, pay interest on October 1 and April 1. The entry to record issuance of the bonds includes:
A. a debit to Cash of $500,000.
B. a credit to Bonds Payable of $503,000.
C. a debit to Premium on Bonds Payable of $15,000.
D. All of the above.
E. None of these.
Using the CAPM, compute the required rate of return on equity capital for each firm. Project required income for Year +1 for each firm. Project residual income for Year +1 for each firm.
In the current year, Tanager Corporation (a C corporation) had operating income of $480,000 and operating expenses of $390,000. In addition, Tanager had a long-term capital gain of $55,000 and a short-term capital loss of $40,000.
Which of the following is the calculation of the failure-to-file penalties?
question 1a special districts balance sheet maynt capture its economic resources as well as obligationsa special
Compute the break-even point in units and dollars and margin of safety in dollars Assuming no changes to selling price or costs
Which of the following would most likely use a job order costing system?
In evaluating projects, Lead Tech’s engineers use a rate of 15%. One year ago a robotic transfer machine was installed at a cost of $38,000. At the time, a 10-year life was estimated, but the machine has had a downtime rate of 28%, which is unaccepta..
when the market rate halpr in corporation issued 1000000 8 percent10-year bonds what pay intrest semiannually. using
impact on net income due to changes in prices.mennekes company manufactures the plugs used in its manufacturing cycle
An employee has gross earnings of $1,200 and withholdings of $91.80 for Social Security and Medicare taxes and $120 for income taxes. The employer pays $91.80 for Social Security and Medicare taxes, $9.60 for FUTA, and $64.80 for SUTA.
All of the allocated costs will continue even if a division is discontinued. Anheiser allocates indirect fixed costs based on the number of units to be sold.
Use the high-low method to compute the cost function, relating customer-service costs to the number of service reports.b.Suggest what variables, in addition to number of service reports, might be the cost drivers of weekly customer -service costs of ..
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