1

If a $10,000 7%, 10-year bond was issued at 107 on October 1 how much will...

Question

If a $10,000 7%, 10-year bond was issued at 107 on October 1 how much will...

If a $10,000 7%, 10-year bond was issued at 107 on October 1 how much will accrued interest payable be on December 31 if interest payments are made annually? Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) ● $210 ● $107 $140 $1 75

If a $10,000 7%, 10-year bond was issued at 107 on October 1 how much will accrued interest payable be on December 31 if interest payments are made annually? Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) ● $210 ● $107 $140 $1 75

Answers

D. $175

Accrued interest payable = $10,000 × 7% × 3/12

Accrued interest payable = $175


Similar Solved Questions

1 answers
3. Starting with QD = 450 – 2.5P and QS = 90 + 5P and supposing...
3. Starting with QD = 450 – 2.5P and QS = 90 + 5P and supposing that the government imposes an excise tax of $3 per unit collected from producers, find (a) the new equilibrium price and quantity and (b) how much of the tax is actually paid by consumers and how much falls on producers...
1 answers
Give example related to ABC costing and find the overhead allocation rate for this example using...
Give example related to ABC costing and find the overhead allocation rate for this example using ABC Costing? Discuss the advantages of using ABC Costing?...
1 answers
Flynn Company purchased 85 Rinehart Company 8%, 10-year, $1,980 bonds on January 1, 2017, for $168,300....
Flynn Company purchased 85 Rinehart Company 8%, 10-year, $1,980 bonds on January 1, 2017, for $168,300. The bonds pay interest annually on January 1. On January 1, 2018, after receipt of interest, Flynn Company sold 55 of the bonds for $92,565. Prepare the journal entries to record the transactions ...
1 answers
Please answer all the questions!! Orange Co. is a manufacturer and Pineapple Company the difference in...
Please answer all the questions!! Orange Co. is a manufacturer and Pineapple Company the difference in the budgets the two entities will prep is a merchandiser. What is are? orapare a merchnidion budget, and PipleCmpany will b. Orange Co. will prepare a sales forecast, and Pineapple Company will ...
1 answers
Use the Newton's method to find the all solutions to the following equations: (1) 1=1+23 -...
Use the Newton's method to find the all solutions to the following equations: (1) 1=1+23 - =1 + x Hint: One of the solution is in the range –1.5 < x < -0.5 and the other solution is in the range 0.5 < x < 1.5....
1 answers
Prob #4 A cylindrical thank is designed to withstand an internal pressure of3 MPa. The tank...
Prob #4 A cylindrical thank is designed to withstand an internal pressure of3 MPa. The tank has an inner diameter of 4 m and the wall thickness is 40 mm. The tank is fabricated by bolting together (on both sides of the vssel) two half-cylindrical longitudinal thin shell sections as shown. The diamet...
1 answers
Which of the following characteristics relates to cross-functional groups? Group of answer choices Fairly small groups...
Which of the following characteristics relates to cross-functional groups? Group of answer choices Fairly small groups formed to recommend changes that will positively affect the quality of the organization’s products Groups that cut across the firm’s hierarchy and are composed of people...
1 answers
1. Compare the ME alternatives below using an MARR of 10% per year. Assume that "do...
1. Compare the ME alternatives below using an MARR of 10% per year. Assume that "do nothing" is NOT an option. Pick the better alternative using AW analysis Alternative Initial cost, $ Annual operating cost, $ Life, years 60,000 21,000 400,000 5,000 'forever...
1 answers
Nordstrom creates an open atmosphere, in which every associate’s sales figures are made available to everyone else
1.Nordstrom creates an open atmosphere, in which every associate’s sales figures are made available to everyone else. Explain the positive impacts.While this is intended to foster creative tension, how might it lead to unhealthy destruction?...
1 answers
Need all the answers If a client has a 5 year loan agreement with its bank,...
need all the answers If a client has a 5 year loan agreement with its bank, would the audit team be more likely to file a copy of this agreement in the current year workpapers or in the permanent file? able The auditors should establish an understanding with the client regarding the terms of the aud...
1 answers
A pyramid has a parallelogram shaped base and a peak directly above its center. Its base's sides have lengths of #7 # and #1 # and the pyramid's height is #6 #. If one of the base's corners has an angle of #pi/3#, what is the pyramid's surface area?
A pyramid has a parallelogram shaped base and a peak directly above its center. Its base's sides have lengths of #7 # and #1 # and the pyramid's height is #6 #. If one of the base's corners has an angle of #pi/3#, what is the pyramid's surface area?...
1 answers
If you assume that 1 mole of carbon dioxide occupies 22.4 L of volume, how many...
If you assume that 1 mole of carbon dioxide occupies 22.4 L of volume, how many liters of carbon dioxide would be produced if you burned an entire 50.0 g candle?...
1 answers
- weologic History latch the Stratigraphic Laws to their definitions by drawing a line by drawing...
- weologic History latch the Stratigraphic Laws to their definitions by drawing a line by drawing a line between the correct answers: Principle of Original Horizontality If one rock cuts another, it must be younger than the rock it cuts Principle of Superposition Inclusions within a rock must have e...
1 answers
Learning Goal: Part A To be able to firnd the cenler of gravily, the venter ofmass,...
Learning Goal: Part A To be able to firnd the cenler of gravily, the venter ofmass, and the centraid ot a campasite body An ob ect made from a uniform piece of sheet metal Thenbect has dimensione of a = 1 05 t where a s; the diameter of the semi-fin e b-3 6?ft and 2 ft A hole with dismeter d-0.600 f...
1 answers
PLEASE USE MATLAB. The code is basically given to you with the algorithm above. Write a...
PLEASE USE MATLAB. The code is basically given to you with the algorithm above. Write a program for solving the system Ar-b by using Gauss-Seidel iterative method discussed in class that uses a computer memory for one iterate only. This could be summarized as follows: Input n -- the size of the syst...
1 answers
Use the following returns for X and Y. Returns Year NM X Y 14% 41% -...
Use the following returns for X and Y. Returns Year NM X Y 14% 41% - 13 - 9 11 23 18 - 13 842 es a. Calculate the average returns for X and Y. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the variances for X and Y...

-- 0.052087--