What is the carrying value of the bonds on december

Reference no: EM132218317

Question - A company issues $10,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2013. Interest is paid on June 30 and December 31. The proceeds from the bonds are $9,802,072. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2016?

a. $9,845,115

b. $9,870,311

c. $9,841,658

d. $9,831,761

Reference no: EM132218317

Questions Cloud

Determine the weighted-average number of shares : On January 1, 2018, Wike Corp had 480,000 shares of common stock out-standing during 2018, Determine the weighted-average number of shares

Create your algorithm using pseudocode : Create your algorithm using pseudocode that determines if a department store customer has exceeded their credit limit. Be sure you gather the following inputs.

What evidence can you find to support your opinion : Steve Jobs was a strong, charismatic leader who co-founded Apple and is credited with much of the success of the company. Some believe that Tim Cook.

Explian the concept of sociological imagination : Select a behavior from the list above or another behavior that you practice every day, and apply the sociological imagination.

What is the carrying value of the bonds on december : The proceeds from the bonds are $9,802,072. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2016

What are the possible pitfalls of end user inclusion : Write at least 500 words. Search "scholar.google.com" for a company or school that has defined the role of end-users in the creation of a contingency plan.

Make the related AJE needed at the end of Year : Applebee sells speakers with a 6 month manufacturer's warranty. Make a summary JE to record Year 1 sales. Make the related AJE needed at the end of Year 1

Develop a business continuity plan for your organization : Develop a business continuity plan for your organization. Describe the basic activities that must be managed by the BCP. Develop plans for alternate site.

Leadership and interpersonal traits : MBA401 - People, culture and contemporary leadership - The psychometric tests you completed, particularly for leadership and interpersonal traits

User Account

All Pages