Four companies have each issued $6 million in bonds. Which company will have the lowest balance in a contra account, without having a zero balance, assuming this is the first bond issuance for all four companies

Answers

Answer 1

The company with the lowest balance in a contra account (Bonds Discounts) is A Company 2, which sold their bonds at 94.

Data and Calculations:

                                             Co. 1              Co. 2            Co. 3        Co. 4

Face value of bonds   $6,000,000  $6,000,000 $6,000,000  $6,000,000

Selling rate                            99              94               101                105

Proceeds from bonds $5,940,000  $5,640,000  $6,060,000  $6,300,000

Premium / (Discounts)  ($60,000)   ($360,000)      $60,000     $300,000

Company 1's balance in the contra account (Bonds Discounts) is $60,000, Company 3's is $60,000 (Bonds Premium), while Company 4's balance is $300,000 (Bonds Premium).

Thus, the company with the lowest balance in a contra account is A.

Options:

A. Company 2, which sold their bonds at 94  

B. Company 4, which sold their bonds at 105  

C. Company 1, which sold their bonds at 99  

D. Company 3, which sold their bonds at 101

Learn more: https://brainly.com/question/23265123


Related Questions

Which of the following is an advantage of renting? a. Ease of mobility b. Economic gain c. Financial risk d. Tax savings Please select the best answer from the choices provided A B C D.

Answers

Answer: Tax Savings

Explanation:

Tax savings are a benefit of renting. As a result, choice (D) is the right response.

What are the advantages of renting?

The advantages of renting are as follows:

The absence of maintenance and repair expenses is one advantage of renting a home.Renters also save money by having access to services that would otherwise be quite expensive.Renters do not have to pay property taxes, which is one of the main advantages of renting as opposed to buying.The upfront fee is another area where renters get a better financial deal.Homeowners are limited to the places where they can afford to buy, but renters can live in almost any place.Property values fluctuate. Renters are significantly less likely to be impacted by this than homeowners, if at all.While homeowners are required to keep their homes insurance policy current, renters are required to keep their renter's insurance policy current.

Hence, Option (D) is accurate.

Learn more about the advantages of renting, form:

brainly.com/question/12079842

#SPJ5

outline 2 reasons for completing assigned tasks daily​

Answers

In summary, it is important to complete your tasks because it helps you feel better, helps you identify what you should be working on and together that means you complete more tasks.

A listing of all possible returns on an investment, with a chance of occurrence assigned to each return is known as _____.

Answers

Answer: Probability Distribution

Charismatic leadership is now considered part of ________ leadership. Multiple Choice humble transformational ethical transactional

Answers

Based on leadership skills, Charismatic leadership is now considered part of transformational leadership.

Though there are specific differences between charismatic and transformational leadership, they share various similarities in their approach and execution.

However, the significant difference between the two is that Charismatic leaders tend to improve the status quo better, while transformational leaders emphasize transforming the organization into the leader's vision.

Hence, in this case, it is concluded that the correct answer is option B. "transformational."

Learn more about transformational leadership here: https://brainly.com/question/14531259

A married couple are both employed by firms that cover them under the company pension plans, and each earns approximately $300,000 annually. If they both open a traditional IRA and make the maximum contribution, how much of their contribution could they deduct

Answers

each is eligible to make a catch-up contribution

Which of the following is an advantage of starting your own business?

Answers

Answer:

The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.

Explanation:

Angel has worked as a restaurant server, as a mechanic, as a massage therapist, and as a teacher since he finished college five years ago. He now wants to apply for a cruise ship position, but is unlikely to receive one based on his lack of relevant experience and frequent job changes.

True
False

Answers

The answer is true because he doesn’t have relevant experience and has changed jobs a lot

Price discrimination leads to a _____ price for consumers with a _____ demand. higher; perfectly elastic lower; less elastic higher; less elastic higher; more elastic

Answers

According to macroeconomic theory, Price discrimination leads to a higher price for consumers with less elastic demand.

This is because price discrimination is a pricing strategy whereby producer of similar products or identical goods is selling these goods at different prices.

These goods, however, would make the price of some goods higher for the consumers while at the same time having less elastic demand.

There will also be ones with lower prices that would have more elastic demand.

Hence in this, case, it is concluded that the correct answer is option C. " higher; less elastic."

Learn more about Price discrimination here: https://brainly.com/question/1321547

What are the four (4) stages of an economy?
A. Recession, Growth, Inflation, Depression
B. Expansion, Peak, Contraction, Trough
C. Expansion, Inflation, Contraction, Depression

Answers

Answer: B

Explanation:  what business believe will generate the most profits

Robert makes $951 gross income per week and keeps $762 of it after tax withholding. How many allowances has Robert claimed? For weekly income between 950 and 960, the number of withholding allowances claimed are: 0, 259 dollars; 1, 242 dollars; 2, 224 dollars; 3, 207 dollars; 4, 189 dollars; 5, 173 dollars; 6, 162 dollars; 7, 151 dollars; 8, 140 dollars. A. One b. Two c. Three d. Four Please select the best answer from the choices provided A B C D.

Answers

Answer:D

Explanation:

Answer:

D

Explanation:

consider the pharmaceutical company mylan that produces epinephrine injection devices called epipens. in the presence of other firms producing substitutes for this good, the price of epipens is $150.

Answers

From the information given, when the price is $150, it should be noted that the firm will earn a negative economic profit.

From the information, it was stated that in the presence of other firms producing substitutes for the good, the price of epipens is $150.

It should be noted that profit will be maximized when the marginal revenue and the marginal cost intersects. Therefore, when the price is $150, the average total cost will lie above the demand curve. Therefore, the firm earns a negative economic profit.

Read related link on:

https://brainly.com/question/25731280

a monopolistically competitive market is characterized by

Answers

Typically, the monopolistically competitive market have the attributes of having many firms, differentiated products and free entry/exit.

A monopolistic competition occurs when competitive firms produces or manufactures products or services that are similar and substitutes.

The characteristics of the monopolistically competitive market includes:

There are presence of many sellers in the marketThere is easy entrance and exit of consumers in the market There are differentiated products in the market

In conclusion, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.

Read more about the Market here

brainly.com/question/13686157

When lending money, a long-term lender is more interested in a company's ________ and indebtedness to other lenders.

Answers

The long-term lender is much more interested in the company's profitability and indebtedness to other lenders than in the company's current liquidity.

 

Long-term lending involves a time-frame of five years or more. Therefore, the long-term lender will, generally, be more interested in lending to companies with profitable operations, unlike companies that enjoy good short-term liquidity profiles. The long-term lender also considers the debts already contracted by the borrowing company before offering additional financing.

 

Thus, the interest of a long-term lender is in the company's profitability than in its short-term liquidity.

Learn more: https://brainly.com/question/23706486

true false Title VII of the Civil Rights Act prohibits job discrimination on the basis of income.

Answers

it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.

The Civil Rights Act (1964) is a Federal law that prohibits the discrimination of people on the basis of race, color, religion, sex etc

The Title VII of the Civil Rights Act provides that "the legislation prohibits employment discrimination based on race, color, religion, sex and national origin".

The The Civil Rights Act (1964) does not proivide leglslative on the basis of Income of an individual

Therefore, it is false that Title VII of the Civil Right Act prohibits job discrimination on the basis of income.

Read more about Civil Rights Act here

brainly.com/question/21899192

under the indirect method, the operating activities section of the cash flow statement begins with net income.

Answers

It should be noted that under the indirect method, the operating activities section of the cash flow statement starts with net income, therefore, the statement is true.

The cash flow from operating activities is a vital benchmark to determine the financial success of a company.

In the indirect method of depicting cash flow from operating activities, it starts with a net income from the income statement which is then added to the non-cash items in order to arrive at a cash basis figure.

Read related link on:

https://brainly.com/question/25732499

PLEASE HELP-AFTER THIS QUESTION I ONLY HAVE 10 POINTS LEFT, AND I DON'T WANT TO HAVE TO ASK THIS AGAIN!!!!!!!!!!!! I WILL GIVE BRAINLIEST, 5 STARS, AND THANKS TO ANYONE WHO CAN HELP ME!!!!!!!!!!!!!!!!!
Will thinks he is a good listener. He holds consistent eye contact whenever his colleagues speak and lets them share without interrupting. He always concentrates on what they are saying, doesn’t ask any questions, and tries to show them support by repeating what they’ve said and making judgments about it. Haley says that though Will exhibits some behaviors of a good listener, he could do better by changing a thing or two about his approach. What would Haley MOST likely suggest that Will should change about his behavior in order to become a better listener?

He should ask questions and stop making judgments.

He should stop repeating what his colleagues have said.

He should stop making judgments and repeating what his colleagues have said.

He should ask questions and stop holding so much eye contact.

Answers

Answer:

sup

Explanation:

Answer: He should ask questions and stop making judgments.

Explanation:

brainliest please

In Japan, uncertainty avoidance is low, so job descriptions, policy manuals, and similar work-related materials are more open-ended or general, in contrast to the detailed procedural materials developed by the Swedish. Group startsTrue or False True, unselected False, unselected

Answers

The uncertainty avoidance refers to a cross-cultural phenomenon that describes how different societies react to uncertainties.

It is true that there is strong uncertainty avoidance in Japan since they like to structure tasks so there is no doubt regarding what is to be done and how it is to be done.

It is true that there is low uncertainty avoidance in Sweden when compared to Japan because the job descriptions, policy manuals and similar work-related materials are more open-ended or general in contrast with the detailed procedural materials developed by the Japanese.

Read more about uncertainty avoidance:

brainly.com/question/23766179

How do you think investing relates to wealth inequality?

Answers

If the interest rate were lower and a lower interest rate tends to discourage saving and hence investment

when a manufacturer sells its products directly to consumers, it engages in which two supply-chain activities?

Answers

Based on components of Supply Chain Management, when a manufacturer sells its products directly to consumers, it engages in Source and Delivers supply-chain activities.

This is because Supply Chain activities is divided into five components.

The Source component is how firms or companies look for buyers, vendors, or consumers to buy their products directly.

Also, the Deliver component is by which the company delivers the products purchased by vendors, buyers, or consumers directly to them without intermediaries.

Other components of Supply Chain activities include the following:

Plan;Make;Return

Hence, in this case, it is concluded that the correct answer is Source and Deliver.

Learn more here: https://brainly.com/question/18793688

For internal record keeping, most companies carry their inventory using the _____ basis. Multiple choice question. LIFO FIFO average cost specific identification

Answers

For internal record keeping, most companies usually carry their inventory by using the inventory cost flow method that's known as LIFO.

LIFO simply means last in, first out. It's a method of account that's used to account for inventory. Under this method, the cost of the most recently bought goods are expensed first.

It should be noted that companies typically use LIFO because it realistically matches the current cost of an inventory with the current revenue that it produces.

Read related link on:

https://brainly.com/question/25707468

`927487658732478597349579-3489812o798-1265946582399749-82635-`221-976489-6128-`6-495465487561298576087

Answers

THE Leo Frank case is one of the most notorious and highly publicized cases in the legal annals of Georgia. A Jewish man in Atlanta was placed on trial and convicted of raping and murdering a thirteen-year-old girl who worked for the National Pencil Company, which he managed.

If the price that a firm charges is lower than its_____________of production, the firm will suffer losses.

Answers

When a firm charges a price for its goods and services, if this price is less than the cost of production, they will suffer losses.

The profit that a company makes is calculated as:

= Selling price - Cost of production

If the selling price is less than the cost of production, the profit will be negative. A negative profit is the same as losses. This means that if a company charges lower than this cost of production, they will incur losses.

In conclusion, companies charge above their cost of production so as not to incur losses.

Find out more at https://brainly.com/question/15235684.

which chart type is ideal for visualizing financial data such as a p&l?

Answers

The chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a: bar chart.

A profit and loss (P&L) statement can be defined as a financial report that provides a summarized information of the following financial data about a business firm:

Total revenues.Expenses.Profit.Loss.

Hence, a profit and loss (P&L) statement gives an insight to investors on how a business firm is operating and whether or not it has the ability to generate profits at the end of a business year.

Typically, the chart type which is ideal for visualizing financial data such as a profit and loss (P&L) is a bar chart because each rectangular bar can be used to represent the finance or revenue (cash inflow) of the business firm.

Read more: https://brainly.com/question/23958726

New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.

Answers

New Day Vitamin Company's promotion mix relies heavily on advertising, personal selling, and limited use of product sampling.

A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.

A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.

In conclusion, the correct option is promotion mix.

Read related link on:

https://brainly.com/question/25521323

Judy and Amy are having lunch together and decide to split the bill equally. Amy ordered more expensive items than she normally would because she is ______ price sensitive when sharing the cost.

Answers

Amy ordering more expensive foods and deciding to share the bill means

she is less price sensitive .

Less sensitivity of price usually occurs when there aren't available

substitutes for a particular product. Amy and Jude visits the restaurant for

lunch  in which the price here is always fixed with no alternatives.

This makes Amy order the food regardless despite the idea of sharing the

cost with the other party. This thereby means that she is less sensitive to the

price when sharing the cost.

Read more on https://brainly.com/question/25507763

The cell phone is one of the great innovations of recent decades. Yet the innovation has not come from any
one place. The list of manufacturers includes Samsung, Apple, Lenovo, LG, Sony, Nokia, BlackBerry, and
Xiaomi. These manufacturers operate in South Korea, the United States, China, Japan, Canada, and Finland.
The major parts suppliers are in over 20 countries. When your business competes on a global scale, it is more
important than ever

A) to lock up patents on early technology
B) to specialize and do one thing really well
C) to adapt and innovate

Answers

I think the answer of these question is C

After analyzing the scenario, when your business competes on a global scale, it is more important than ever to adapt and innovate. Thus, option 'C' is the correct option.

How does innovation help business growth?

With the introduction of originality to current product lines or business practices, market share, revenue, and customer happiness all grow. Innovation can also be utilized to introduce new automation technologies or modernize the business's operating systems. The process of business innovation is designed to add value to the company.

This value may be produced by opening up new income streams, increasing revenue via existing channels, developing efficiencies that save time, money, or both, or boosting output or performance. Businesses that don't adapt to shifting consumer demands and preferences will eventually become obsolete.

Learn more about innovation in business, here:

https://brainly.com/question/20984456

#SPJ2

the purchase and sale of long-term assets and current investments are classified as:

Answers

ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.

Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement.

It is the purchase as well as sale of long-term assets at a given period.

Therefore, Investing activities is correct.

Learn more at:

https://brainly.com/question/13158188?referrer=searchResults

_____ is part of the ________ process and occurs when the company is trying to increase its inventory.

Answers

Considering the accounting principles, the Make-to-stock; is part of the production process and occurs when the company is trying to increase its inventory.

This is because Make to Stock, otherwise referred to as MTK, is a method business owner often use to ensure the product is readily available and delivered at the point of purchase.

Make to Stock is a traditional method of production that is carried out in the hope that consumers will soon come and buy the products. Thereby, the company produces huge products at a given time and stores them as inventory.

Hence, in this case, it is concluded that the correct answer is "Make to stock; production, " respectively.

Learn more here: https://brainly.com/question/20931687

an important feature of a job order cost system is that each job

Answers

Answer:

Job order costing is useful for determining if a job is profitable. It helps the company make estimates about the value of materials, labor, and overhead that will be spent while doing that particular job

Explanation:

A _____ resource contains one or more identical units, each of which can be requested and used by a process on a non-shared basis.

Answers

Answer: Reusable resource
Other Questions
As Elie Wiesel describes the departure from camp, do his words foreshadow death and suffering or liberation? Use textual evidence to support your ideas! Pa help pls nonsense will be report Calculate the molarity of a solution that has 18.0 g of glucose, C6H12O6, dissolved in 80.0 g of water. Who is depicted in the image below? One of the following is not a property of metalshigh malleabilityhigh compressibilityhigh melting pointdhigh ductility Use the definite integral and the Fundamental Theorem of Calculus to solve the following problem. A ball is thrown upward from a height of 1.2 m at an initial speed of 58 m/sec. Acceleration resulting from gravity is -9.8 m/sec^2. Find the following:v(t)= _________h(t)= ________ Artem drives 12.6 miles in 12 minutes. He passes a sign which gives the speed limit as 50 mph. By how much, in mph, did Artem's average speed exceed the speed limit? Victimization surveys show that the actual amount of crime in the United States is about ________ what official reports indicate. helppp yalll my mind is closed hi! I need help ! Triangles geometry angles table. Help ASAP will mark Brainly to who ever answers 1st how many states have United states Plz help!! Given: DE is a midsegment of ABC. Show all work.Find the value of x and y.And What is the length of AC? !Please show all work! Incase photo is blurry AE-y+6EC-x-3DE-x+2BC-24 2) summer / is / in / it / wonderful / hills / to / to / go / the. (Rearrange the words to form a sentence) At 9:00 on Saturday morning, two bicyclists heading in opposite directions pass each other on a bicycle path. The bicyclist heading north is riding 4 km/hour faster than the bicyclist heading south. At 10:15, they are 40 km apart. Find the two bicyclists rates.A. northbound bicyclist = 19 km/h; southbound bicyclist = 15 km/hB. northbound bicyclist = 18 km/h; southbound bicyclist = 13 km/hC. northbound bicyclist = 16 km/h; southbound bicyclist = 10 km/hD. northbound bicyclist = 18 km/h; southbound bicyclist = 14 km/h 16g 2g/cm3 what is the Volume help pls What is one course of action available in every decision making process?a.Respond in a way which will have only positive consequencesb.Respond in a way which will have no negative consequencesc.Choose to do nothing about the issued.None of the above Stems are important plant structures because they _________.A. are the main sites of photosynthesis for plantsB. are the only site of water and nutrient transportC. allow plants to absorb water and nutrients from the soilD. give the plant structure and support A 6.5 N ball is thrown with an initial velocity of 20 m/s at a 35 angle from a height of 1.5 m, what is the velocity if it is caught at 1.5 m? Sino ang pumaslangbkay Haring Rimush?Pasagot tyy!