1. Swifty Corporation redeemed $132,200 face value, 11% bonds on June 30, 2020, at 107. The carrying value of the bonds at the redemption date was $119,200. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded.
2. Crane Company redeemed $145,000 face value, 18% bonds on June 30, 2020, at 94. The carrying value of the bonds at the redemption date was $148,000. The bonds pay annual interest, and the interest payment due on June 30, 2020, has been made and recorded.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “1. Swifty Corporation redeemed $132,200 face value, 11% bonds on June 30, 2020, at 107. The carrying value of the bonds at the redemption ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $150,000 or $290,000 with equal probabilities of. 5. The alternative risk-free investment in T-bills pays 6% per year. a.
Answers (1)
You work for a local convenience store. At the end of 2nd shift, 11PM, any foods in the heated kiosk are to be discarded. Money is tight since your hours have been reduced. You decide to take the leftover food home. Is the decision moral?
Answers (1)
Compare and contrast price skimming and penetration pricing.
Answers (1)
Although the Chen Company's milling machine is old, it is still in relatively good working order and would last for another 10 years. It is inefficient compared to modern standards, though, and so the company is considering replacing it.
Answers (1)
What shows a narrators introspection in a sentence?
Answers (1)
New Questions in Business
Your grandfather invested $1,000 in a stock 36 years ago. currently the value of his account is $318,000. what is his geometric return over this period?
Answers (2)
Ms. Liu shares her web data with you, which shows that she has an average of 500 daily page views during the weekdays, and an average of 1,200 daily page views on the weekends. Each time someone loads one of her pages, it counts as a page view.
Answers (1)
Net income $ 209,600 Preferred stock outstanding, 12% cumulative $ 80,000 Market price per share of common stock $ 24.
Answers (1)
One practical reason that economists use percentages to measure elasticity is: a. that more complicated calculations tend to be more accurate b. to convert elasticities to the dollar units c. to convert units to the metric system d.
Answers (1)
Sometimes, while on the job at dairy king, jimmy forgets to ask, "do you want fries with that?" when customers order burgers. the fact that some customers are surprised by jimmy's behavior can be explained by
Answers (1)