Question
Oriole Company received proceeds of $905000 on 10-year, 8% bonds issued on January 1, 2019. The...
Oriole Company received proceeds of $905000 on 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of $960000, pay interest annually on December 31, and have a call price of 102. Oriole uses the straight lee method of amortization. What is the amount of interest Oriole must pay the bondholders in 20197 $76800 2300 $72400 171300
Tamarisk, Inc. purchased a tractor trader for $159000. Tamarisk uses the units-of activity method for depreciating ts trucks and expects to drive the truck 1000000 miles over its 12-year useful ife. Salvage value is estimated to be $19000. If the truck is driven 54000 miles in its first year, how much depreciation expense should Tamarisk record? 56813 O $7560 $12055 $8586
Answers
1) Amount of interest pay = Face value of bonds*Interest rate
= 960000*8%
Amount of interest pay = 76800
So answer is a) $76800
2) Depreciation expense = (159000-19000)/1000000*54000 = 7560
So answer is b) $7560
Similar Solved Questions
1 answers
References) The free energy of formation of one mole of each of the following compounds refers...
References) The free energy of formation of one mole of each of the following compounds refers to a particular chemical equation. Choose the equation, a. Ba0(8) 2Ba(s) + O2(g) + 2Ba(8) + Ba(%)+2O () - BaO (8) Ba(8)+O2(g) + BaO(8) Ba(s) + O2(1) - Bao(s) b. COS(9) C(graphite) + 02(9) +S(s) → COS(...
1 answers
Ortyd bonox 48. Which wavelength of light is the fastest? 8 fan) 418.6 nm 554.9 nm...
ortyd bonox 48. Which wavelength of light is the fastest? 8 fan) 418.6 nm 554.9 nm 626.1 nm 563.8 nm e All have the same speed. Fogor in lom TAO...
1 answers
Check my work Songsu Co. is struggling to control costs. We are hired as consultants to...
Check my work Songsu Co. is struggling to control costs. We are hired as consultants to determine why the company's actual costs exceed budgeted costs. The Tableau Dashboard is provided for our analysis. Direct Materials Direct Labor Standard Actual Standard Actual $7 $17 $6 6 lbs 15 $14 4 lbs 2...
1 answers
Instructions: For the scenarios that follow, identify the data that would need to be protected. Recommend...
Instructions: For the scenarios that follow, identify the data that would need to be protected. Recommend how you would implement one or more of the access controls (listed after the scenarios) for the given scenario and justify your recommendation. Scenarios: 1. Shovels and Shingles is a small cons...
1 answers
Customer relationship management systems hold great promise, but their usefulness is determined by the amount of...
Customer relationship management systems hold great promise, but their usefulness is determined by the amount of personal data customers are willing to divulge. How can companies encourage customers to share useful personal information?...
1 answers
The management of Revco Products is exploring four different investment opportunities. Information on the four projects...
The management of Revco Products is exploring four different investment opportunities. Information on the four projects under study follows: Project Number 2 $ (440,000) 523,050 83.050 16 years Investment required Present value of cash inflows at a 12% discount rate Net present value Life of the pro...
1 answers
Shamrock Company had net income of $30,000. On January 1, the number of shares of common...
Shamrock Company had net income of $30,000. On January 1, the number of shares of common stock outstanding were 8,000. There were no other stock transactions. The company's earnings per share is: Group of answer choices $3.75. $3.00. $3.33. $15.00....
1 answers
Q3. (25 points) A p-type (NA-1018 cm silicon slab of finite length L is in the...
Q3. (25 points) A p-type (NA-1018 cm silicon slab of finite length L is in the dark, with diffusive current flow only, under steady-state conditions. Significant improvements have been made, such that essentially no recombination occurs in the slab (r~oo). At x 0 the electron concentration is mainta...
1 answers
A virtual host can be set up by using the following except: Question options: IP port...
A virtual host can be set up by using the following except: Question options: IP port protocol Which Apache 2 directive defines the default page served in a directory? Question options: DocumentRoot DirectoryIndex Alias Which of the following statement is incorr...
1 answers
A team of investigators examined the association between presence of a degree-granting institution and county rankings...
A team of investigators examined the association between presence of a degree-granting institution and county rankings for health behaviors, health outcomes, clinical care, social and economic factors, and physical environment. This study would be best described as: case-series case-control ecologi...
1 answers
9) Water adds to unsymmetrically substituted alkenes to afford the more substituted alcohol as shown below....
9) Water adds to unsymmetrically substituted alkenes to afford the more substituted alcohol as shown below. Example: OH H2O catalyst Starting from compound I, fill in the boxes A-C with the appropriate structures. Under basic conditions compound B yields a cyclic product E. Draw the structure of E i...
1 answers
Do you agree or disagree and why? In the hospital supply chain, specifically technology is used...
do you agree or disagree and why? In the hospital supply chain, specifically technology is used a lot, examples such as ordering goods, hiring, real-time business collaboration with partners, using different tools for improvement and so much more. To propose my organization to use technology the big...
1 answers
A 190-aF capacitoris connected to an ac generator with a ms voltage of 110 V and...
A 190-aF capacitoris connected to an ac generator with a ms voltage of 110 V and a frequency of 40 0 Ha Part A What is the rms current in the circuit? Express your answer to three significant figures and include appropriate units. 0.525 A Correct Part B If you wish to increase the rms current, shoul...
1 answers
In the Lewis structure listed here, M and X represent various elements in the third period...
In the Lewis structure listed here, M and X represent various elements in the third period of the periodic table. Write the formula of the compound using the chemical symbols of each element: [m2]: 2:1...
1 answers
0.4 (25 points) For the circuit in the Figure, V1-10 cos( 1000t + 끔): find: R1...
0.4 (25 points) For the circuit in the Figure, V1-10 cos( 1000t + 끔): find: R1 1k V1 L1 C1 10u 100mH Figure 4 Differential equation for V . Vci(t) and Ici (t) . VL1(t) and IL1(t) ·Vin(t) and Im(t)...
1 answers
What is the slope of the line that contains the points (- 3,6) ( 2,3)?
What is the slope of the line that contains the points (- 3,6) ( 2,3)?...
1 answers
Parkins Company produces and sells a single product. The company's income statement for the most recent...
Parkins Company produces and sells a single product. The company's income statement for the most recent month is given below: $240,000 Sales (6,000 units at $40 per unit) Less Manufacturing costs: Direct materials Direct labor (variable) Variable factory overhead Fixed factory overhead Gross Mar...