(TCO A) On March 1, 2010, Ruiz Corporation issued $800,000 of 8% nonconvertible bonds at 104, which are due on February 28, 2030. In addition, each $1,000 bond was issued with 25 detachable stock warrants, each of which entitled the bondholder to purchase for $50 one share of Ruiz common stock, par value $25. The bonds without the warrants would normally sell at 95. On March 1, 2010, the fair market value of Ruiz's common stock was $40 per share and the fair market value of the warrants was $2.00. What amount should Ruiz record on March 1, 2010 as paid-in capital from stock warrants?
Question: : (TCO D) A company issues $5,000,000, 7.8/%, 20-year bonds to yield 8% on January 1, 2010. Interest is paid on December 31. The proceeds from the bonds are $4,901,036. Using effective-interest amortization, how much interest expense will be recognized in 2010? 15.
| | | | | Selected Answer: | $10,000 | | | | | * Question 7 2 out of 2 points | | | Examine the graph below. If the going rate for wind chimes at the flea market today is $20, then | | | | | Selected Answer: | you will have $30 in producer surplus. | | | | | * Question 8 0 out of 2 points | | | Using the data below, determine the amount of consumer surplus, if any, in the market. The market clearing price for a six-pack of vitamin water is $6. | Six-Pack Vitamin WaterWilling to Pay(WTP) | Shaq | $3 | Tony | $4 | Chris | $5 | Cobe | $6 | Arnel | $7 | Michelle | $8 | | | | | | Selected Answer: | $5 | | | | | * Question 9 0 out of 2 points | | | Examine the graph below.
11. Question : (TCO 2) In the first month of operations, the total of the debit entries to the cash account amounted to $700 and the total of the credit entries to the cash account amounted to $300. The cash account has a ____ 12. Question : (TCO 2) A trial balance would only help in detecting which one of the following errors? 13.
= $62,200 C. What is Anderson Company’s total owners equity? = $88,200 D. What is Anderson Company’s debt to equity ratio? = 0.70 to $1 Question 5: Farwell Company has the following information from its most fiscal year. Use the relevant information to determine the net income (loss) for the period. A.
Question 4: Chavez Co. produces and sells duffel bags that are priced at $60 each. Chavez has received a request for a special order for 500 duffel bags at a price of $48 each. The current unit cost to produce a bag is $32 (direct material, $20; direct labor, $8; and unit-related overhead, $4). Chavez Co. has the capacity to produce the special order; however, one additional production run will be required costing $2,000. Should the order be accepted?
The net cash inflow and cash outflow are calculated using sales and production figures for the next 8 years. The unit cost from the first year is £0.89 which is the cost per mashing without depreciation and divided by 13,000 bottles. From this information provided, the cost will increase by 3.5% and also the selling price will increase by 4% every year (reference 4). These figures are based on the current rate inflation of 4% which is shown in appendix 9 The capital allowances are worked out on cased of 20% (Reference 5) and the annual investment allowance is £100,000 is available (Reference 6) in the first year which is restricted to £87,359. This figure is substrated from the acquisition giving a result of £332,641 which is the written down value.
A.cash B.unsecured loans C.time deposits D.U.S. government securities Question 12 of 20 5.0 Points Identify and describe the factors, in addition to supply and demand, that determine interest rates. Question 13 of 20 5.0 Points You need $8,000 four years from now for a down payment on your future house. How much money must you deposit today if your credit union pays 5% interest compounded annually? Pick the closest answer.
An= a8+ (n-1) d A8= 100+ (8-1)25 A8=100+7(25) A8=100+200 A8=300 Now that we know what A8 is, we need to know what the sum of the sequence is from A1 to A8. Sn= n (a1+a8) over2 S8= 8(100+300) over2 S8= 8(400) over2 S8= 4(400) = 1600 Thus, the cost to build a 90 foot CB tower is $1600. A person deposited $500 in a savings account that pays %5 annual interests that is compounded yearly. At the end of 10years, how much money will be in the savings account?
b) Balance the accounts and prepare the trial balance at the end of week 1. Question 3 The transactions of Mr Peters business during the first week of trading are as follows: 1/ Mr Peters deposits £62000 into a business bank account. 2/ Buys a machine for £7000 on credit from Mr Brown 3/ The business receives a loan of £15000. 4/ Purchases goods at a cost of £16000, paying by cheque 5/ Sells goods for £14000. Customer pays by cheque immediately.