A firm with $900,000 in sales, cash on hand of $1,150,000, liabilities of $400,000 and total assets of $2 million has a total as

Answer:

Almost as many individuals utilize mobile banking as those who rely on online methods for bill payment, largely due to the convenience that both approaches offer.

Explanation:

To hypothesize involves suggesting a plausible rationale for a situation. Thus, a potential reason for the preference among many customers for online and mobile payment methods is the simplicity they present.

Some of these benefits are:

1. No more long waits in lines to settle payments with checks.

2. Transactions can be initiated from virtually anywhere and at any hour.

3. Fewer prerequisites are necessary to carry out transactions.

Nothing other than random letters and words f f

Response:

cash 879,172 debit

   bonds payable   800,000 credit

   premium on BP    79,127 credit

--to register issuance--

Interest expense 35,166.84 debit

premium on BP      833.16 debit

cash                    36,000 credit

--to register first interest payment--

Interest expense 35133.52 debit

premium on BP          866.48 debit

cash                       36,000 credit

--to register second interest payment--

Impact on Financial Statements:

Cash flow:

financing:

proceeds from bonds 879,172

interest paid                 72,000

Net income

interest expense 35,133.52 + 35,166.84 = 70.250,36

Balance sheet

Bonds payable   800,000

Premium on Bonds 77,471

Clarification:

The valuation will be determined by discounting future cash flows at the market rate

C 36,000.000 (800,000 x 9% x 1/2)

duration 40 (20 years x 2)

rate 0.04 (8% x 1/2)

PV $712,539.8598

 

Maturity   800,000.00

duration   40.00

rate  0.04

 

PV   166,631.24

PV c $712,539.8598

PV m  $166,631.2357

Total $879,171.0955

The interest expense is computed as the carrying amount times the market interest rate

the cash amount will remain equal for every period:

principal x coupon rate x half-year for semiannual payments.

800,000 x 0.09 x 1/2 = 36,000

The variance in each will dictate the amortization of the premium

This scenario presents itself as an unforeseen issue. The investigational drug study revealed a likelihood of adverse events that exceeded earlier estimates, necessitating re-consent for the current subjects and an update to the consent documentation to reflect this heightened risk. Since this increased rate poses risks to subjects and others, it constitutes an unanticipated problem.