Question Content AreaBonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $10,000. If the issuing corporation redeems the bonds at 97.5, what is the amount of gain or loss on redemption

Answers

Answer 1

The amount of gain or loss on redemption would be $25,950.

The amount of gain or loss on redemption can be calculated by comparing the carrying value of the bonds payable with the amount paid to redeem the bonds.

The carrying value of the bonds payable is calculated by subtracting the discount on bonds payable from the bonds payable balance. In this case, the carrying value would be $1,000,000 - $10,000 = $990,000.

To find the amount paid to redeem the bonds, we need to calculate 97.5% of the carrying value. 97.5% is the redemption price expressed as a percentage.

So, the amount paid to redeem the bonds would be 97.5% of $990,000, which is $990,000 * 0.975 = $964,050.

To calculate the gain or loss on redemption, we subtract the amount paid to redeem the bonds from the carrying value of the bonds payable.

In this case, the gain or loss on redemption would be $990,000 - $964,050 = $25,950.

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Related Questions

1. The license that let's you drive and tow most vehicles:
Is a class M license
O is a class B license
O is a class A license

Answers

it is a class B license

Calculate the Holding Period Return. You have purchased 100 shares of Apple Stock (AAPL) for
$142 last November, you have just sold it for $150.53 each. During the holding period, AAPL
distributed $0.92 in dividends per share. Calculate the total return in USD and in %.

Answers

To calculate the holding period return for your Apple stock investment, we need to consider the purchase price, the sale price, and any dividends received. It is always important to consider these additional factors when analyzing investment returns.

First, let's calculate the total return in USD:
1. Purchase price per share: $142
2. Sale price per share: $150.53
3. Dividends received per share: $0.92
4. Number of shares: 100
To calculate the capital gain, subtract the purchase price from the sale price: $150.53 - $142 = $8.53.
To calculate the dividend income, multiply the dividends received per share by the number of shares: $0.92 * 100 = $92.

Now, add the capital gain and dividend income together to calculate the total return in USD: $8.53 + $92 = $100.53.
Therefore, the total return on your Apple stock investment is $100.53 USD.
To calculate the total return in percentage, we need to use the formula:
Total return (%) = (Total return in USD / Initial investment) * 100
The initial investment is the purchase price per share multiplied by the number of shares: $142 * 100 = $14,200.
Now, plug in the values to calculate the total return in percentage:
Total return (%) = ($100.53 / $14,200) * 100 = 0.71%.
Therefore, the total return on your Apple stock investment is 0.71%.

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Ultra Big Corporation, Inc. is preparing its annual report for shareholders. The statement of cash flows, which is included in the report, shows that the company sold one million shares of stock but repurchased half a million of those shares. It also shows that the company issued a ten-cent per share dividend. Where would this information be found on the statement of cash flows?

Answers

Answer:

Cashflow from financing activitues

Explanation: A company's statement of cashflow refers to a concise and segmented financial statement broken into three parts namely the operations, financing and investing activities showing changes in the account and cash inflow and outflow from the company's dealings. The scenario stated stated above would be recorded under the cashflow from financing activities as it is that part of the cashflow statement which shows net cashflow utilized in funding activities. This section contains financial cashflow on income from Issuance of debt or bond, stock repurchase and payment of Dividend which are all highlighted in the scenario above.

Many bonds have some orderly, preplanned, alternative system of repayment. Which of the following apply? a) Sinking funds. b) Serial bonds. c) Income bonds. d) Sinking funds and serial bonds.

Answers

Sinking funds and serial bonds are examples of bonds that have an orderly, preplanned, alternative system of repayment. Option D is answer.

A sinking fund is a fund set up by the issuer of a bond to accumulate money over time for the purpose of repaying the bond's principal upon maturity. This provides a systematic way of ensuring that there are sufficient funds available to fulfill the repayment obligation. Serial bonds, on the other hand, are bonds that are issued with different maturity dates, typically in a series. Each bond in the series has a specific maturity date, and as each bond matures, it is repaid, reducing the overall debt gradually.

Option D, sinking funds and serial bonds, is the correct answer. Both sinking funds and serial bonds are mechanisms used by issuers to manage the repayment of bonds in an orderly and planned manner. These repayment structures provide stability and predictability for bondholders and help ensure the timely repayment of bond principal.

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Help me with this please.

Help me with this please.

Answers

I dont think its decision making so I think its the first one and the second one

Answer:

its customer service and desion making

Explanation:

hope it help btw i search it up and it said that so its right

the direct labor rate variance is calculated by multiplying the standard hours that should have been worked for the actual output by the difference between the standard labor rate and the actual labor rate.

Answers

False, that ought to have been adjusted for the actual output using the difference between the standard and actual labor rates.

A rate is the ratio of two related quantities expressed in distinct units in mathematics. If one of these numbers is used as the ratio's denominator and it is assumed that this quantity may be modified in a predictable way (i.e., is an independent variable), then the numerator of the ratio represents the rate of change in the other (dependent) variable.

Speed, heart rate, and flux are examples of common rates that are expressed as "per unit of time." Exchange rates, literacy rates, and electric fields are a few ratios that don't need time as the denominator (in volts per meter). The word "per" is used to denote the division of the units of the two measurements when specifying the units of a rate.

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What term BEST describes something done just to earn money?

A.
path
B.
activity
C.
job
D.
career

Answers

Answer:

its job in my opinion

C is your answer

Jobs are usually meant to be temporary just to earn money whereas careers are usually not temporary and just for the sake o making money.

Mark me brainliest pls

Gundy Company expects to produce 1,299,600 units of Product XX in 2017. Monthly production is expected to range from 73,600 to 118,800 units. Budgeted variable manufacturing costs per unit are direct materials $3, direct labor $6, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2.Prepare a flexible manufacturing budget for the relevant range value using 22,600 unit increments.

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                        Monthly Flexible Manufacturing Budget

                                   For  the Year 2017

Activity level

Finished units                                           73,600     96,200        118,800

Variable costs

Direct materials($3)                              $220,800   $288,600  $356,400

Direct labor($6)                                     $441,600    $577,200   $712,800

Overhead($9)                                        $662,400   $865,800  $1,069,200

Total variable costs                              $1,324,800 $1,731,600 $2,138,400

Fixed cost

Depreciation[($6 * 1,299,600) 12]        $649,800    $649,800    $649,800

Supervision[($2 * 1,299,600) / 12]        $216,600    $216,600    $216,600

Total fixed costs                                    $866,400   $866,400    $866,400

Total costs                                            $2,191,200 $2,598,000 $3,004,800

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All other things being equal, the __________ substitutes for a good, the __________ the price elasticity of demand.

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All other things being equal, the more substitutes for a good, the higher the price elasticity of demand. Price elasticity of demand defines how much a product's consumption changes in response to price changes.

The elasticity of a product is impacted by the accessibility of an alternative. Demand won't change as the price increases if product is necessary and there are no substitutes, making it inelastic. It is computed by subtracting the percentage change in price from the percentage change in quantity delivered. The two elasticities work together to define what products are produced and at what costs.

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changes in business inventories are excluded from the definition of investment in the national income accounts. True/False

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Changes in business inventories are not excluded from the definition of investment in the national income accounts, but are in fact included as part of the broader definition of investment.false.

changes in business inventories are actually included in the definition of investment in the national income accounts. in the context of the national income accounts, investment refers to spending on capital goods such as machinery, equipment, and structures, as well as changes in business inventories.

changes in business inventories are included in investment because they represent a change in the stock of goods that businesses hold for sale or for use in production. when businesses increase their inventories, they are effectively investing in the production and sale of goods in the future. conversely, when businesses decrease their inventories, they are reducing their investment in future production and sales.

changes in inventories are captured in the national income accounts through the calculation of gross private domestic investment (gpdi), which includes spending on fixed investment (such as machinery and equipment) as well as changes in business inventories.

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Steve Gaimes is paid overtime for all time worked past 40 hours in a week. His
regular-time pay rate is $12 an hour, and his overtime pay rate is $18 an hour.
Last week Steve worked 47.3 hours.
15. How many regular-time hours did Steve
work last week? 40
16. How many overtime hours did he work last
week? 7.3
17. What was Steve’s regular-time pay last
week? $480
18. What was his overtime pay last week? $131.40
19. What was Steve’s gross or total pay last
week?

Answers

The number of regular hours, overtime hours, regular amount, overtime amount, and total amount will be 40 hours, 7.3 hours, $480, $131.4, and $611.4, respectively.

What is the rate?

The rate is the ratio of the amount of something to the unit.

Steve Gaimes is settled overtime for all periods operated past 40 hours in a week. His standard-time pay rate is $12 an hour, and his overtime pay pace is $18 an hour. The previous week Steve performed 47.3 hours.

Then the overtime is given as,

⇒ 47.3 - 40

⇒ 7.3 hours

The amount earned in 40 hours is given as,

⇒ $12 x 40

⇒ $480

The amount earned in overtime hours is given as,

⇒ $18 x 7.3

⇒ $131.4

The total amount is given as,

⇒ $480 + $131.4

⇒ $611.4

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Write a paragraph in no more then 100 words. Do you think it's right to let animals work for human ?​

Answers

Answer:

Animal rights is the philosophy according to which some, or all, animals are entitled to the possession of their own existence and that their most basic interests—such as the need to avoid suffering—should be afforded the same consideration as similar interests of human beings.That is, some species of animals haveOn the one hand, a group of people believe that mankind does not have the rights to exploit animals, as they are also living creatures. It is true that animals live by following their instinct, but they have the same feeling as human beings, therefore it would not be fair for mankind to exploit them. In several cases, it has been reported that some of the cows had cried before they were slaughtered in the slaughterhouse, which means that they also had the same feeling as human beings. In another reported cases, some of the animals was treated poorly by their masters, though they had been exploited heavily and made them sick or injured. the right to be treated as individuals, with their own desires and needs, rather than as unfeeling property.

Explanation:

it has become a debatable topic about the exploitation of animals by mankind. Some people believed that animals should not be exploited and should be treated fairly by human beings. In contrast, others think animals should be utilised to assist humans in various kinds of ways, such as the source of food or for medical testing. The following essay will discuss both views in details, but in my opinion, I believe that animals can be used as the source of food or to assist human beings in the proportionate way and human should treat them properly.

Answer: pls gib me brainliest :c ty

Explanation:

I think it is not okay for animals to work for humans as humans tend to have a nature of enforcement and want more than others so we would probably enslave them. We already torcher animals by keeping them so close do you think they need more? Although humans do need to eat and animals are a good source of protein. And giving animals more space would result in more wasted space so there really is no win-win situation. Enslaving animals would be wrong we need to respect animals as they help us enjoy our lives and food.

Frank is an employee of guitar makers, llc. guitar's employee manual states that workers, such as frank, will be dismissed only for good cause. with respect to the employment-at-will doctrine, this is

Answers

Answer: An exception based on contract theory.

Explanation:

Contract theory is an agreement reached by two parties over a set of deal to be entered, these negotiation met guides what the agreement is all about, violators of the agreement would attract extra bodies(Law makers) to come into their decision. At Ilc, if the guitar producers only release their workers based on good cause, it's seen as a contract theory, based on what both parties agreed.

what level of market coverage is typically used for products like honest tea beverages?

Answers

The level of market coverage that is been utilized in marketing some products such as honest tea beverages is Intensive distribution

Intensive distribution can be regarded as form of marketing strategy whereby a company tries to sell its product using small vendor and at times  big store.

It  helps in the creation of brand awareness of the product which later result to higher sales. This method is been used fir products such as soft drinks, cigarettes.

Therefore, Intensive distribution utilize retailers in distribution of goods

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Find a product that was intended and marketed to a specific target audience, but wound up being adopted by an unintended market segment. What target audience characteristics were the most different between the intended and unintended target markets?

Answers

One example of a product that was intended and marketed to a specific target audience but ended up being adopted by an unintended market segment is the Barbie doll.

Originally, Barbie was created and marketed to young girls as a fashion doll that embodied beauty and glamour. The target audience characteristics were young girls who aspired to be like Barbie and engage in imaginative play with the doll.

However, over time, Barbie gained popularity among adult collectors, particularly among those who saw Barbie as a nostalgic and valuable collectible. This unintended market segment consisted of adult collectors who appreciated the historical significance and cultural impact of Barbie dolls.

In summary, the Barbie doll, originally marketed to young girls, ended up being adopted by adult collectors who appreciated its value as a collectible item. The main differences between the intended and unintended target markets were age and purpose of use.

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Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.

Answers

Answer:

OB. Gross Purchases.

Explanation:

Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns),  discounts and allowances received.

Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.

Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.

PLEASE HELP !!
explain why you feel an entrepreneur or business should develop a business plan.

Answers

Answer:

See below...

Explanation:

When an entrepreneur or businessperson begins to develop an idea for a product or for the creation of a business, it is good that they have a plan. When they do not plan, their future does not have specific milestones to acheive. This can make things scary and chaotic, as it is necessary to know when and where you will do things. With a plan, the person has goals set, and they are not as overwhelmed by things that come their way. The plan gives an order to an otherwise chaotic idea.

In perfect competition, firms will be able to earn economic profits in: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a the short run, only. b the long run, only. c the short and in the long runs. d neither the short or in the long runs.

Answers

In perfect competition, firms will be able to earn economic profits in the short run.

What is perfect competition?

A perfect competition is characterized by many buyers and sellers of homogenous goods and services.

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.

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Which aspect of writing business reports relates to the component of credibility known as competence?.

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Providing facts that help decision makers' aspect of writing business reports relates to the component of credibility known as competence.

Competence is the capacity to perform an action successfully. You have the ability to complete a task or job successfully. The knowledge and abilities required to solve a quadratic equation are examples of competence. Alternately, it could include the considerably more extensive and varied sets of talents required to run a multinational organization.

The objective and subjective aspects of a source's or message's plausibility are included in credibility. The concept of "Ethos" is concerned with the speaker's persona.

Trustworthiness and expertise, which both have objective and subjective components, are the two main components of credibility. Although established reliability is an objective criterion, trustworthiness is primarily based on subjective criteria.

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Which of the following would most likely be considered an expense in a budget?
A. Groceries
B. Rent
C. All of these
D. Car Loan

Answers

Answer:

C

Explanation:

Everything in life is an expense for me

Worth 100 Brainly points!!!
Question 9 of 10
Which of the following standards is required by the Fair Labor Standards Act?
A. Paying a minimum wage
B. Notifying employees of a plant closing
C. Verifying employment eligibility
D. Avoiding discrimination



Please help! thank u

Answers

Explanation:

The Fair Labor Standards Act's (FLSA) basic requirements are: Payment of the minimum wage

option A is correct mark me brainiest please

Answer:

payment of mimimum wage

Explanation:

Explain how herbs are used in treating any
5 diseases

Answers

Answer:

An herb is a plant or plant part used for its scent, flavor, or therapeutic properties. Herbal medicines are one type of dietary supplement. They are sold as tablets, capsules, powders, teas, extracts, and fresh or dried plants. People use herbal medicines to try to maintain or improve their health.

Explanation:

Hope it helps u

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Raj is interested in a program that prepares him to enter the workforce as soon as he graduates high school. Which program would work best for him?

Advanced Placement®
Career academy
International Baccalaureate®
Technical training

Answers

If Raj is interested in a program that would prepare him to be a member of the workforce immediately he is out of high school he should go for the career academy program.

The career academy can be described as an academy that prepares people with work ready skills that they would need in the workplace.

Such academy exposes one to their peers and also helps the person by offering them mentoring and training on the career path that they choose.

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Larkspur Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone that had cost $104,800 to manufacture. The lease agreement covers the 5-year useful life of the drone and requires 5 equal annual rentals of $37,400 payable each December 31, beginning December 31, 2019. An interest rate of 7% is implicit in the lease agreement. Collectibility of the rentals is probable. Prepare Larkspur’s December 31, 2019, journal entries

Answers

Answer:

First find the present value of the lease. Payments are constant and fixed so this is an annuity. As it is to be paid from the beginning, it is an Annuity due.

= Annuity * Present value interest factor of annuity due, 5 years, 7%.

= 37,400 * 4.3872

= $164,081

Date                          Account Details                            Debit              Credit

Dec. 31, 2019            Lease Receivable                         $164,081

                                 Cost of goods sold                       $104,800

                                 Sales                                                                    $164,081

                                 Inventory                                                             $104,800

Date                          Account Details                           Debit                Credit

Dec. 31, 2019           Cash                                             $37,400

                                 Lease Receivable                                               $37,400

Larkspur Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone

What is your major(potential) in college?

Answers

going to school for my asn, getting my rn and bsn! i want to work in emergency medicine and when i get too old for that ill work in womens health

2. You are working as an Administrative Assistant in the Human Resource Department at ABC Company based in Brampton, Ontario. One of the employees has approached you to ask if she works 51 hours next week instead of her normal 40 hours, is she entitled to overtime pay? If so, how would this be calculated? Use the Employment Standards Act for Ontario to answer this question (quote directly from the website and cite correctly).

Answers

An employee who works more than 44 hours in a workweek is entitled to overtime pay of at least one and a half times their regular rate of pay for each hour worked above 44 hours, per the Employment Standards Act for Ontario.

A legal framework known as the Employment Standards Act outlines the minimal requirements for employment in Ontario, Canada. The Act stipulates rules for things like minimum wage, overtime compensation, vacation time, public holidays, termination and severance pay, among other things. Regardless of the size of the business or the nature of the job being done, the Act is applicable to the majority of employees in Ontario. The Employment Standards Act was created to safeguard employees' rights and guarantee that they get fair treatment at work. The standards and rules of the Act must be followed by employers; failure to do so may result in legal action and penalties.

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An American publisher sells $200 worth of books to a resident of Brazil. By itself, this item is a positive item in the U.S. current account. Offsetting transactions that would ensure that the U.S. current account and the financial account balances would continue to sum to zero include: any positive item in the current account any positive item in the financial account any negative item in the financial account a gold transfer from the U.S. to Brazil.

Answers

When there are two major open economies, the global real interest rate must decline if intended international lending by the home country is greater than desired international borrowing by the foreign country.

They hardly ever add up to zero in real life. When net foreign assets rise, there is a capital outflow or decline in the capital account. 3. Synopsis of the current account Gains equal Capital Account Deficit plus Net Foreign Asset Purchases plus Net Foreign Lending, which results in a surplus.

The difference between a country's exports and imports of goods, services, net investment income, and net transfers is known as its current account balance. Net exports, net income from other countries, and net transfers between countries make up the current account balance.

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cash equivalents: multiple choice include accounts receivable. are recorded in petty cash. include 5-year certificates of deposit. are short-term, highly liquid investment assets. include long-term investments.

Answers

Cash equivalents are short-term, highly liquid investment assets.

What are cash equivalents?

When an asset is said to be cash equivalent, it means that the asset is very liquid and can easily be converted to be used as cash. As a result, it can also be traded in certain markets in place of cash.

An example of a cash equivalent asset is short term and highly liquid investment assets such as commercial paper, money market instruments, and U.S. Treasury bills which mature in months. Cash equivalents allow a company to invest and still have liquid assets.

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Henry, a trainer at MyChem Inc., schedules training on handling hazardous chemicals for a group of newly hired employees. The training complies with OSHA regulations and is given to all employees upon hire along with periodic refreshers. The type of training described in this scenario is _____.

Answers

Answer:

Hazard Communication Standard  (HCS) training program

Explanation:

The type of training described in this scenario is known as the  Hazard Communication Standard  (HCS) training program. This is a employee training program designed with the goal of explaining and reinforcing the written information regarding hazard labels and material safety data sheets, as well as how to behave around hazardous material and to apply this information to their workplace.

If Country B can produce beans at a lower opportunity cost than Country A, then Country B has a(n) _____________ over Country A in the production of beans.
a) great natural and human resources.
b) large stock of capital.
c) absolute advantage.
d) comparative advantage.

Answers

C I took the quiz already

Answer:

Comparative Advantage

Explanation:

I took the quiz and it was correct. :)

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Shanika wants to create information hunger in her audience about her speech on child abuse. She discusses how crucial positive messages are for young children as they develop their self-concept, and she talks about the effect verbal and emotional abuse can have on self-esteem.Shanika is appealing to what type of needs in her audience? which of these is the most likely to happen when a borrower puts a large down payment on a loan? the lender has a reason to increase interest rates. the lender views the borrower as lower in risk. the lender will wonder if there has been an illegal business transaction. the lender assumes the borrower will default on the loan in the future ASAP 50 points Use the graph to answer the question.graph of polygon ABCD with vertices at 1 comma 5, 3 comma 1, 7 comma 1, 5 comma 5 and a second polygon A prime B prime C prime D prime with vertices at negative 7 comma 5, negative 5 comma 1, negative 1 comma 1, negative 3 comma 550 POINTS Determine the translation used to create the image. 4 units to the right 4 units to the left 8 units to the right 8 units to the left Help me please! Ill mark you as brainliest (cant spell lol) and youll get a lot of points! (Thats the question) Fashion illustration is an important part of the fashion world. It is also a challenging art form. In aone-paragraph essay, describe fashion illustration and explain why it is important to the creation of fashion. Write four to five complete sentences in your own words. Be sure to use correct spelling, grammar, and punctuation. QuestionDefine pessimist.Nonsense answer will get report The switchboard in a Dallas CPA firm gets an average of 5.5 incoming phone calls during the noon hour on Mondays. Let X= the number of calls received at noon. What is the probability that the firm receives less than 6 calls at noon on Monday? Assume Poisson situation. P(x PLEASE HELP! WILL MEDAL! 1. Write the balanced equation for the reaction between zinc and acetic acid? 2. Classify the reaction between zinc and acetic acid and explain, in general terms, what happens during this type of reaction? 3. Give an example of a type of element and a type of compound that are likely to participate in this type of reaction? The cdf of a uniform random variable on (0,w) is given by F(x) = { 0, x/w, 1 x Hi! Short math question compressed by a factorof 1/2, horizontally andvertically translated 5 unitscan someone help me find the equation According to the CPT manual, the -91 modifier shall not be used when tests are ____ to confirm initial results When workers use technology to work from home or an office center, they are _____. a. distributing work b. telecommuting c. outsourcing d. socially changing please select the best answer from the choices provided a b c d the question "how can it be changed?" refers to which of the following goals in psychology? 17. Which does NOT show aesthetically pleasing environment? A. Always motivate learners to be ready and open to learning. B. Learners will feel happy to be in school. C. Inspire learners to actively participate in class. D. Gives them the feeling of security. which is right for 11 12 and 13 All organisms have the same number of cellsA. trueB. false Given mn, find the value of x and y.m(3x-15)(y+18)(6x+6)n A tank is half full of oil that has a density of 900 kg/m. Find the work W (in J) required to pump the oil out of the spout. (Use 9.8 m/s for g. Round your answer to the nearest whole number.)6 m2 mA spherical tank is given. The tank has radius 6 m and spot coming out of the top with height 2 m. decision point: do you know the sections of the business plan? think you've got a good grasp of the sections of a business plan? drag each description into the correct section of the business plan. once you have categorized all the items, click submit. Calculate the molarity of a solution prepared by dissolving 12.5 g of Na2CrO4 in enough water to produce a solution with a volume of 890. mL