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 that will have the lowest balance in a contra account is company-2 , which sold bonds at 94%

Bonds are being usually sold at par, at a discount, or at a premium. There exists no notion of a contra asset if the bonds are sold at par. If the bonds are sold at a discount, the net cash received will be lesser than the amount of par value of the bonds issued. Under this scenario, the bonds payable account can only display the par value of the bonds issued, however, the difference among both the par value of the bonds as well as the net cash actually realized from this kind of bond issue will be parked in a contra account which will be amortized over the bond's tenure.

As such, the lowest balance in the contra account for the four companies can be computed as:

                             company4      company3      company2      company1

Bond par value   $6,000,000   $6,000,000   $6,000,000   $6,000,000

Issued at               105%               101%               94%                  99%

Net cash -          6300000        6060000        5640000        5940000

realized

Contra

account           3000000         60000          (-360000)          -60000

balance

Therefore, it is obvious that the company with the lowest balance in a contra account is company 2, which sold their bonds at 94%

Learn more about bonds here:

https://brainly.com/question/22302556?referrer=searchResults


Related Questions

A force acts on a particle that undergoes a displacement.

Answers

Answer:

An F Vector Force

Example:

The work done by the force on the particle is 1 J.

The angle between the force and the displacement is 81.87⁰.

The given parameters;

F = (4i  - 3j)

displacement of the particle, s = (i + j)

The work done by the force on the particle is calculated as follows;

The angle between the force and the displacement is calculated as follows;

When making lemonade, 1 over 4 cup of sugar will make 5 glasses of lemonade. How many cups of sugar would be needed to make 22 glasses of lemonade?.

Answers

Answer:

1/4 sugar = 5 glasses

1/4 x 22/5 sugar = 5 x 22/5 glasses

22/20 sugar = 22 glasses

1 1/10 cup of sugar = 22 glasses lemonade

Which sentences include a proper mla parenthetical citation? check all that apply.

Answers

Considering the available options, the sentences that include a proper MLA parenthetical citation include "Mahoney states that "the needs of speakers drive language change" (nsf.gov)."

What is MLA parenthetical citation?

MLA parenthetical citation is the citation method that utilizes the author's last name, the page number, or other relevant source information in parentheses from sentences used.

Other sentences that include a proper MLA parenthetical citation include the following:

Johnson claims that the English language began to deviate from its Germanic origins (4).

In the eighteenth century, English was "departing from its original Teutonic character"(Johnson 4).

Hence, in this case, it is concluded that the correct answer is options A, E, and F.

Learn more about MLA Parenthetical citation here: https://brainly.com/question/8789070

bài bánh trôi nước được viết theo phương thức biểu đạt nào? Nếu thể thơ của bài thơ giải

Answers

Answer:

I dont understand what you are saying

Which of the following devices is used in this experiment to separate the different wavelengths emitted by the light source?.

Answers

Spectroscope separates wavelengths

A spectrometer employs diffraction to divide light into a spectrum, which is a collection of wavelengths.

What different wavelengths emitted by the light source?

A light source beam's wavelengths are spectrally isolated using monochromators. A monochromator separates poly chromatic light into a variety of distinct wavelengths.

The most common application of a spectrometer is to measure the wavelengths of electromagnetic radiation (light) that have interacted with a sample.

A sample may reflect, absorb, or transmit incident light; the way the incident light changes as it interacts with the sample is a characteristic of the sample.

When calculating the concentration of a colored solution, the wavelength of maximum absorbance is used because at this wavelength even a small change in concentration can result in a large change in light absorption.

Therefore, spectrometer devices are used in this experiment to separate the different wavelengths emitted by the light source.

Learn more about wavelength here:

https://brainly.com/question/27098378

#SPJ2

How can buddhism affect change on powerful countries that use war to gain political and/ or economic advantages?.

Answers

Answer:

Answer: Buddhism is a religion that seeks to avoid conflict and harm. Most buddhist monks, for example, are vegetarians or vegans

Explanation:

Where are my smart friends?? i had $3. 0. My mom gave $10. 0. My dad gave $30. 0. My aunt and uncle gave me $100. 0. I had another $7. 0. How much did i have?.

Answers

Answer:

150$ you have as you have noticed

A cube with volume 8 $\text{cm}^3$ is cut in half by a plane which contains two edges of the cube. What is the area of the rectangle formed by the intersection of the plane and cube? express your answer in simplest radical form.

Answers

The area of the rectangle formed by the intersection of the plane and cube is [tex]4\sqrt{2}cm^2[/tex]

The diagram of the cube and the cutting plane is shown in the figure.

Since the cube has a volume of [tex]8cm^3[/tex], the sides are [tex]2cm[/tex] each.

From the diagram, the red rectangle is the rectangle formed from the intersection of the plane and the cube. It has an area given by

[tex]A_R=\text{side of cube}\times \text{diagonal}=2d[/tex]

and, using Pythagoras' theorem,

[tex]d=\sqrt{2^2+2^2}\\d=\sqrt{8}=2\sqrt{2}\text{ cm}[/tex]

Substituting the value of [tex]d[/tex] into the formula for [tex]A_R[/tex]

[tex]A_R=2\times d\\=2\times 2\sqrt{2}\\=4\sqrt{2}[/tex]

The area of the rectangle formed by the intersection of the plane and cube is [tex]4\sqrt{2}cm^2[/tex]

Learn more about areas formed from cubes here: https://brainly.com/question/25636539

Answer:

4 square root of 2cm

Explanation:

cool stuff

Jacob followed a recipe that requires 2 cups of water for ever 3 cups of flour. If he used 8 cups of flour, how many cups of water did he use?.

Answers

Answer:

I think he uses 5 1/2 cups of water.

Answer:

5 1/3

Explanation:

Which historical figure does old major most likely represent? tsar nicholas ii an imperial guard vladimir lenin joseph stalin.

Answers

Answer: old major is based on Karl Marx and partially Vladimir Lenin

Explanation:

The historical figure that old major most likely to represent is Vladimir Lenin. The correct option is C.

Who does old Major represent and why?

The pig Snowball represents the intellectual revolutionary Leon Trotsky, while Old Major represents either Karl Marx or Vladimir Lenin.

Old Major represents Karl Marx and Vladimir Lenin, who promoted the Communist Party but died before their vision could be realized.

As a result, those who did not fully comprehend the dream were able to twist it to their advantage.

Old Major describes a dream he had the night before in which animals are free, happy, well fed, and treated with dignity in a world free of human tyranny.

He exhorts the animals to do everything possible to make this dream a reality, including overthrowing the humans who claim to be their owners.

Thus, the correct option is C.

For more details regarding old Major, visit:

https://brainly.com/question/28162252

#SPJ6

Select the two recommendations that would decrease the margin of error of the interval.

Answers

From the options given, the only option which would result on having a reduced error margin, is to increase the sample size.

Recall :

Margin of Error = Zcritical × σ/√n

Increasing the mean would have no impact on the margin of error as it is not a part of the factors which affects the margin of error value.

Increasing the standard deviation, which is the Numerator will result in an increased margin of error value.

By raising the confidence level, the critical value of Z will increase, hence widening the margin of error.

The sample size, n being the denominator, would reduce the value of error margin.

Hence, only the sample size will cause a decrease in the margin of error of the interval.

Learn more : https://brainly.com/question/25569754

Consider the following line integral. C xy dx + x2y3 dy, c is counterclockwise around the triangle with vertices (0, 0), (1, 0), and (1, 4).

Answers

It looks like the integral is

[tex]\displaystyle \int_C xy \, dx + x^2y^3 \, dy[/tex]

Let's close the loop by adding a line integral over the line segment joining (1, 4) to (0, 0). Then the closed loop is the triangular region

T = {(x, y) : 0 ≤ x ≤ 1 and 0 ≤ y ≤ 4x}

Since the integrand has no singularities over or on the boundary of T, we have by Green's theorem

[tex]\displaystyle \int_C xy \, dx + x^2y^3 \, dy = \iint_T \left(\frac{\partial(x^2y^3)}{\partial x} - \frac{\partial(xy)}{\partial y}\right) \, dx \, dy = \int_0^1 \int_0^{4x} (2xy^3 - x) \, dy \, dx[/tex]

Compute the double integral:

[tex]\displaystyle \int_0^1 \int_0^{4x} (2xy^3 - x) \, dy \, dx = \int_0^1 \int_0^{4x} \left(128x^5 - 4x^2\right) \, dx = \frac{60}3[/tex]

From this result, we subtract the line integral over the extra line segment we added. Parameterize this path by

C' : {(1 - t, 4 - 4t) : 0 ≤ t ≤ 1}

The line integral over C' is

[tex]\displaystyle \int_{C'} xy \, dx + x^2y^3 \, dy = \int_0^1 (1-t)(4-4t)(-dt) + (1-t)^2(4-4t)^3(-4\,dt)[/tex]

[tex]\displaystyle \int_{C'} xy \, dx + x^2y^3 \, dy = \int_0^1 \left(256 t^5-1280 t^4+2560 t^3-2564 t^2+1288 t-260 \right) \, dt = -44[/tex]

so that the line integral over C alone is 60/3 - (-44) = 64.

Which of the following best describes the process of translation?.

Answers

Answer:

Translation is a universal process in biology where a protein formed of amino acids is made by using messenger Ribonucleic acid (mRNA) to dictate the order of amino acids. Following transcription (the conversion of DNA into mRNA) an mRNA strand leaves the nucleus and enters the cytoplasm via the nuclear pore.

Explanation:

Your welcome!

Translation is the conversion of genetic information from the language of nucleic acid to protein, hence option 6 is correct.

Ribosomes, which are huge complexes of proteins and RNA, catalyze the translation process. Ribosomes read the RNA transcript and translate it one amino acid at a time into a protein.

Peptide bonds are used to connect the amino acids to produce a polypeptide chain. Following that, the polypeptide chain folds into its ultimate shape, which determines its function.

Translation is the process through which an RNA transcript is converted into a protein. This procedure takes place in the cell's cytoplasm.

Thus, the option 6 is correct.

Learn more about Translation, here:

brainly.com/question/30338325

#SPJ6

The given question is incomplete, so the most probable complete question is,

Which of the following best describes the process of translation?

The addition of nucleotides to a DNA template the addition of nucleotides to an RNA template the conversion of genetic information from DNA nucleotides into RNA nucleotides o the conversion of genetic information from the language of proteins to the language of nucleic acids None of these the conversion of genetic information from the language of nucleic acids to the language of proteins

West corp. Issued 25-year bonds two years ago at a coupon rate of 5. 3 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the ytm?.

Answers

Answer:

america

Explanation:

because im black

Which detective seems to have more clues about solving the case? bolsa sancho.

Answers

Answer:

Sancho

Explanation:

Took the test

Answer:

1 True 2 False 3a parrot 4while he was hiding out 5 Sancho

Explanation:

took the test got a 100

Quis:

*Indonesian assignment*

Find the meanings of the following words using the Indonesian Dictionary
1. Effectiveness
2. Instrument
3. Generator
4. Distribution
5. Consumption
Work in a notebook or lat


pls help me bro :-)


those who are lazy must report :) Ok ^_^​

Answers

the effect to produce something desired a implement or a tool a machine that converts mechanical energy into electricity to share something among a number of people using up a resource is known as consumption

What detail of the myth is suggested in the poem but not in the painting? What connection between the painting's landscape and the myth does this detail convey?.

Answers

The myth shows the moment when the sun melts the wings of Icarus, while the painting does not present this moment. This detail shows that nature contributes to the death of Icarus.

We can arrive at this answer because:

The painting shows only the death of Icarus, showing the moment when he fell into the water and drowned.The purpose of the painting is to show how the universe and all other human beings remained indifferent to Icarus' death.Although the myth also features the death of Icarus, it sets out in more detail.The myth shows why Icarus wanted to use the waxwings and why these wings melted.

The myth focuses on nature's action on the death of Icarus, while the painting reinforces the universe's indifference to this death.

This question is about “Landscape of the Fall of Icarus.”

More information:

https://brainly.com/question/4494007?referrer=searchResults

Answer:

B & C

Explanation:

Y E S

How many differences can you spot candy house.

Answers

Answer:

There no image to reference lol. Can't help you

Explanation:

Jonathon works for a u. S. Company that doesn't produce goods domestically, but instead buys them from other countries and resells them in the united states. Jonathon's company illustrates the concept of.

Answers

Companies are known to have different areas at which they trade. Jonathon's company illustrates the concept of importing.

Importing  by a firm simply means that a company/firm often buys goods outside the country and then resells them domestically.

Importing is don by bringing products or services into a country with the aim to sale that have been produce in another country.

Some U.S. companies are often engage in buying of products overseas and shipping them into the U.S. for sale, or as part of a product that is being assembled in the U.S.

Learn more from

https://brainly.com/question/12787774

a federal tax is paid to:

A. international government organizations.

B. the state govemment only.

c. both the federal and state government.

D. the federal government only.

Answers

Answer:

When the tax collected is credited to the government of the country's account, it is referred to as a federal tax. Federal tax is the money used by the government of a country to pay for the growth and upkeep of the country.

A story with multiple narrators will usually have a(n) ____________ plot.

Answers

Answer:

nonlinear

Explanation:

It has become increasingly popular in young adult novels to have

multiple narrators. Often, this is done through alternating

chapters. One chapter is told from one perspective, while the

next chapter is told from another. This can be done with either

first person or third person limited.

Multiple Narrators

This will likely mean that the plot is nonlinear in such a novel. The

reader will jump from one character and event to another (and

sometimes even see the same event twice, but from different

perspectives).

This is also sometimes called "alternating point of view".

Stories could either have a single or multiple narrator(s). Hence, stories having multiple narrators would usually have a non-linear plot.

Multiple narrators in a story means that characters in the story are numerous, hence, acts and scenes would have to be passed on to these characters from time to time.

As for single narrator, this is not the case as the number of actors are very limited.

Hence, because multiple narrators often hinders a story to be chronologically ordered, then it would result in a non-linear plot.

Learn more : https://brainly.com/question/25103873

What was the role of muslim religious leaders in africa.

Answers

Answer: In most cases, the Muslim religious leaders serve also as community leaders and have broad political influence; their visit will contribute to strengthening the diplomatic ties between Israel and Africa.

(i searched it. pls mark me brainliest)

Which substances are necessary for the synthesis and the breakdown of most materials in an organism?.

Answers

Enzymes

Explanation:

are the catalyst that require substrate for their function. Almost all the metabolic process in the body for synthesis of any substance requires enzymes. 

I hope this is correct :)

On january 1, 2019, a company issued $400,000 of 10-year, 12% bonds. The interest is payable semi-annually on june 30 and december 31. The issue price was $413,153 based on a 10% market interest rate. The effective-interest method of amortization is used. What is the book value (carrying value) of the bond liability as of june 30, 2019 (to the nearest dollar)?.

Answers

The book value of the bond liability is $409811

First of all we have to calculate the cash that was paid for interest

This interest is payable semiannually that is 6 months out of 12 months

6/12 = 0.5

The bond is 12% = 0.12

= 400000 * 0.12 * 0.5

= 24000 dollars

The interest =

413153 * 10% * 0.5

= 20658 dollars

The reduction = 24000-20658

= 3342 dollars

The carrying value after the first payment

= 413153-3342

= $409811

The book value of the bond liability is $409811

Read more on https://brainly.com/question/19863404?referrer=searchResults

4 t-shirts and a hat costs £31. 00 2 t-shirts and a hat costs £17. 0. How much does a t-shirt cost? how much does a hat cost?.

Answers

Answer:

T-Shirt Cost = £7

Hat Cost = £3

Explanation:

Important Information:

4 t-shirts and a hat costs £31.00

2 t-shirts and a hat costs £17.00.

Here we assume t-shirt be x and hat be y.

Explanation/Solution:

Based on the above information, the calculation is as follows:

4x + y = 31

2x + y = 17

Now subtract equation 2 from 1

2x = 14

x = 7

So y is

4(7) + y = 31

28 + y = 31

y = 3

Therefore we can conclude that The t-shirt cost £7 and Hat cost £3.

Sino gusto sumali sa meet ko

ito code:-
zcn-mqti-ssh



UwU

Answers

Answer:

hmm...I don't understand

My primary group brainly.

Answers

Answer:

???

Explanation:

Which of the following best describes why ddt is classified as a persistent organic pollutant.

Answers

The reasons why DDT is classified as a persistent organic pollutant are;

DDT can be used to control diseases, such as malaria and typhus, that are spread by insects.DDT is detected in food worldwide and the general human population is most commonly exposed to the toxin through food.

Persistent Organic Pollutants  can be regarded as toxic substances which are made up of organic chemical compounds.

These are industrial chemicals such as;

PCBs pesticides like DDT.

DDT is classified as a persistent organic pollutant because of it's usefulness in control diseases and it is been found in food stuff across the globe.

Learn more about DDT at;

https://brainly.com/question/14154063

Francis has the standard plan offered by his employer and is making an office visit to an in-network doctor to treat his flu-like symptoms. How much would francis be asked to pay by the office manager in the doctor's office?.

Answers

There are different kinds of healthcare plans. Francis will not pay (Option one) if he be asked to pay by the office manager in the doctor's office.

There is a standard of minimum coverage that is applicable to employment based health plans.

A health plan must meets the minimum required  value standard if;

a. It was designed to pay at least 60% of the total cost of medical services for a standard population.

b. Does the employer offer a health plan that meets the minimum value standard.

Francis is already covered in his his standard plan and therefore will not be expected to pay the money. But in cases of only some percentage of the plan is covered, then the individual can cover the rest expenses.

See full question below

Francis has the Standard Plan offered by his employer and is making an Office Visit to an in-network

doctor to treat his flu-like symptoms. How much would Francis be asked to pay by the office manager in

the doctor’s office?

a. $0

b. $15

C. $25

d $40

Learn more from

https://brainly.com/question/22737817

Answer: C

Explanation:

Which of the following is not a possible tax or deduction that could be withdrawn from your paycheck?.

Answers

Government often collect taxes from its people in different ways. Sales tax is not a possible tax or deduction that could be withdrawn from your paycheck.

Sales tax often regarded as consumption tax. It ia usually imposed by the government only on the sale of goods and services and not from paycheck.

It is known to be imposed at the point of sale. It is taken by the retailer, and thereafter given to the government.

Conventional or retail sales taxes is simply charged only to the consumer or end user of a good or service.

The full question below

Which of the following is NOT a possible tax or deduction that could show up on your paycheck?

State income tax

Contributions to retirement savings

FICA

Sales tax

Learn more

https://brainly.com/question/20853786

Other Questions
PLEASE GIVE ME THE ANSWER ASAP What is the solution to this system of linear equations?5x + 6y = 293x + 6y = 27A. (7,1)B. (1,7)C. (4,1)D. (1.4) Why is it important to have a research plan?It identifies the daimIt evaluates the argumentIt provides secondary questions,It guides the collection of information,Plz hurry What does this mean Late land of slavery PLEASEEEE SOMEONE PLEASE HELP ME i select true helllpppp me 2. A passenger train travels at an average speed of 45 mph and it took the passengers 27minutes (.45 hours)to get to their destination. How many miles did the train travel? Find common denominators and add. Select all that apply.12+58616121611898 Which of the following is a way to buy stocks. What would be the complimentary strand for the DNA sequence ATAACGA Which table does NOT represent a linear function? I need help with a DNA research paper calc 3 iiiiiiiiiiiiiiiiiiiiiiiiiiii what triangle is formed with the angles 32 126 and 32 11Select the correct answer from each drop-down menu.Complete the following paragraph about the Compromise of 1877The 1876 election took a long time to resolve because of unclear election returns from three states. Republicanwas given the disputed electoral votes. As part of the compromise with Democrats, Republicans promised to withdrawfrom the SouthResetNextEdimentum. All rights reserved. Round 0.13171 to the thousandths place (three decimal places). 9) which of these played the largest role in buddhism spread throughout asia from the 100s to the 700s ce? a) the crusades b) the silk road c) mongol invasions d) persian missionaries. what does coplanar mean? A plastic bag is massed. It is then filled with a gas which is insoluble in water and massed again. The apparent weight of the gas is the difference between these two masses. The gas is squeezed out of the bag to determine its volume by the displacement of water. What is the actual weight of the gas please help i am stuck SLOVE 18(5) A. 95 B. 90C. -90D. -95 How many grams of solid sodium acetate should be added to 2.00 L of 0.184 M acetic acid solution to prepare a buffer with a pH of 4.140