MrKochinsky3623 MrKochinsky3623

18-01-2021
Business

contestada

Margot Company purchases $100,000 face amount, 6% semi-annual bonds for $110,000 when the market interest rate is 5%. Margot should recognize which interest received for the first 6-month period?

Respuesta :

abiolataiwo2015 abiolataiwo2015

18-01-2021

Answer:

$2,750

Explanation:

Calculation for what Margot should recognize the following interest revenue for the first 6-month period:

interest revenue= [$110,000 x (5% x 6/12)]

interest revenue=$2,750

Therefore what Margot should recognize as the interest revenue for the first 6-month period is $2,750

Answer Link

Otras preguntas

Expository What specific goals does the author hope to accomplish by writing to his son's teacher, and how is the structure of his letter carefully designed acc

Determine the number of gallons of moisture delivered by an air compressor to the pneumatic system per day. a) Varies based on temperature. b) Constant at 5 gal

As of today, how many genomes have been sequenced? How does this limit identification of the species? A) 1,000 genomes; provides broad identification B) 10,000

A four-digit number is divided by 35 and has a remainder of 15. The first three digits of the number are 155. What is the fourth digit of the number

Let (H) be a subgroup of (Z(G)) and suppose that (G/H) is abelian. Give an example that shows (G) is not necessarily abelian.

In the U.S., social class is often more important than race/ethnicity for understanding lifestyle differences among families.a) Trueb) False

What are the coordinates of the orthocenter of the triangle with vertices at A(4, -2), B(4, 6), and C(-2, 4)? (2,_)

A patient with deep vein thrombosis requires heparin to maintain therapeutic anticoagulation levels. He has regular PTTs drawn to monitor his level of anticoagu

Draw simple vector diagram and resolve the horizontal?

Liam sketched a rectangle on a coordinate grid with vertices: ( -5,2)(1,2)(1,-2)(-5,-) ). Select the correct dimensions of the rectangle: