In 2014, spending on mobile marketing was almost three times the amount spent on local online marketing

On January 1, 2017, Killion Sales issued $22,000 in bonds for $17,700

These are six-year bonds with a stated interest rate of 11% that pay semiannual interest. Killion Sales uses the straight-line method to amortize the Bond Discount. Immediately after the issue of the bonds, the ledger balances appeared as follows: Bonds Payable 22,000 Discount on Bonds Payable 4,300 After the first interest payment on June 30, 2017, what is the balance of Discount on Bonds Payable? A) debit of $3,942 B) debit of $4,300 C) debit of $4,658 D) credit of $358

What are the strengths of the net present value capital budgeting method?

What will be an ideal response