Alex Company issued 5-year, 7% bonds with a par value of $100,000. The company received $101,137 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:
A) $3,386.30.
B) $3,500.00.
C) $3,613,70.
D) $6,633.70.
E) $7,000.00.
Answer: A) $3,386.30.
Business
You might also like to view...
The derivative of 5x3 + 3x2 + 7x + 9 is
A) 15X2 + 6x + 7. B) 6x2 + 7x + 9. C) 5x2 + 3x + 7. D) 3x2 + 2x + 7. E) None of the above
Business
A capability set up for the purpose of assisting in responding to computer security-related incidents that involve sites within a defined constituency is called a ______
A. CIRT B. CIRC C. CSIRT D. all of the above
Business